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Chinese retail giant revives IPO ambitions

KEY CUSTOMERS: The bulk of MDL’s business comes from the group’s own stores. Cici Cao MDL Wholesale, a food and fast moving consumer goods supply chain provider controlled by China’s retailing conglomerate Wumart Group, has applied for an initial public offering in Hong Kong, underscoring the IPO ambitions of Wumart founder Zhang Wenzhong. Zhang […]

Landmark discovery

Marcus Lum Dinosaur fossils have been discovered for the first time in Hong Kong, with Secretary for Development Bernadette Linn Hon-ho saying the find “is of great significance.” The Development Bureau in a news briefing yesterday announced that the Agriculture, Fisheries and Conservation Department located fossils on Port Island – a small outlying island located […]

Billions missing out on seven key nutrients

Hunter Boyce More than half the world’s population is not getting enough of seven crucial nutrients. It’s an issue the World Health Organization said is a major threat, especially for children and pregnant women in low-income countries. Published in the journal the Lancet Global Health, researchers from Harvard TH Chan School of Public Health, UC […]