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Insights
06-Nov-18 Hong Kong's South China Morning Post, acquired in 2016 by Alibaba, has decided to go into the red and invest over a period of time "to secure long-term sustainability and profitability". Advertising at Hong Kong newspapers declined 24 percent 2014-17. [image: SCMP]
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Insights
16-Oct-18 Clothing and fashion industry professionals are optimistic about sales over the next year, according to a Hong Kong Trade Development Council survey. Over 60% of sellers see China, ASEAN, Japan and Taiwan having the greatest potential. [image: HKTDC Survey]
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Insights
25-Sep-18 Tencent Holdings plans to partner with China UnionPay to offer shoppers in Hong Kong the ability to use a Hong Kong version of the WeChat Pay mobile payment app to spend at mainland merchants using Hong Kong Dollars. [image: Reuters]
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Insights
16-Aug-18 Chinese tech giants Tencent and Alibaba are bringing their payment platforms to Hong Kong, a city that has long thrived on cash and plastic, putting them into competition with Google, Apple and Samsung, and local players like HSBC. [image: Business Insider]
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Insights
11-Jul-18 Tencent Holdings' WeChat Pay said it will not seek to offer more local payment wallets to overseas customers over the next three years and will remain focused on serving outbound Chinese tourists better in popular overseas destinations. [image: SCMP]
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