logo
Beijing to speed up standardization for platform economy

Beijing to speed up standardization for platform economy

The Standard21 hours ago

The new committee targets involutional competition and the chaotic phenomenon of live-streaming and e-commerce. XINHUA

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Henderson Land signs Jane Street as anchor tenant in Hong Kong harbourfront project
Henderson Land signs Jane Street as anchor tenant in Hong Kong harbourfront project

South China Morning Post

time19 minutes ago

  • South China Morning Post

Henderson Land signs Jane Street as anchor tenant in Hong Kong harbourfront project

Henderson Land Development, one of Hong Kong's largest developers, has leased a 223,437 sq ft space in its prized mixed-use project in Central to Jane Street Asia in one of the largest leasing transactions in the city's main business district in decades. The rent for the space, across six floors in New Central Harbourfront, will be HK$137 (US$17.45) per square foot per month, or HK$30.6 million per month, excluding fees. The transaction, which makes the quant trading firm the anchor tenant of the development, is equivalent to 70 per cent of the office and ancillary portion of the first phase of the project. 'We are proud to welcome Jane Street to our New Central Harbourfront flagship development project,' said Martin Lee Ka-shing, chairman of Henderson Land. The anchor tenancy 'reinforces Hong Kong's unrivalled position as an international financial powerhouse', he said. The first phase of the project is under construction, and the premises will be handed over to Jane Street in 2027. The trading firm will lease the space for five years starting in 2028 and will have an option to renew for a further term of four years at the prevailing market rent. The deal is a bright spot for a downtrodden Hong Kong office property segment beleaguered by sluggish demand and surging new supply.

EU sidelined by US-China showdown, Moutai faces sobering reality: SCMP daily highlights
EU sidelined by US-China showdown, Moutai faces sobering reality: SCMP daily highlights

South China Morning Post

timean hour ago

  • South China Morning Post

EU sidelined by US-China showdown, Moutai faces sobering reality: SCMP daily highlights

Catch up on some of SCMP's biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing Over two rounds of high-stakes talks on European soil, Europe has watched from the sidelines as the US and China tried to reach a truce that might stabilise the global trading system on which the continent is entirely reliant. The Chinese embassy in Israel warned its citizens on Friday morning to take safety precautions for potential attacks as Tehran considers a retaliation against Israeli strikes targeting its nuclear sites. Moutai, one of China's most popular liquor brands, is being put in a difficult position by rules limiting extravagant spending by officials. Photo: Reuters China's premier liquor distiller Kweichow Moutai – a brand that had, over decades, become synonymous with sumptuous feasts – is heeding a renewed mandate for austerity from Beijing, distancing its products from the extravagant hard-drinking lifestyle with which it had been linked in the public consciousness.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store