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In bankruptcy case, golf memberships on sale in Hong Kong

Bloomberg China Fishery Group Ltd.’s bankruptcy case enters its second anniversary this month with no resolution in sight as a key auction of its fishing assets in Peru stalls. It may have better luck selling its corporate memberships in the famed 129-year old Hong Kong Golf Club. Membership No. 1024 and 1031 are being put up for sale to maintain ...

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Tencent’s Ma unveils WeChat travel plan for China, HK Bay area

Bloomberg Tencent Holdings Ltd. is working with the Chinese government to create an electronic pass system that smooths travel between Hong Kong, Macau and the southern province of Guangdong. The unusual proposal would see multiple travel documents linked to Tencent’s WeChat app to streamline border crossings, the Shenzhen, Guangdong-based company said in a statement. With the ‘E-card’ ID system, users ...

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Brexit trade threat triggers retail, pharma workaround strategy

Bloomberg Companies facing the potential threat of tariffs and other trade barriers after Brexit are stepping up contingency planning, with some retailers creating new sites in continental Europe to avoid snags. US pharmaceutical giant Merck & Co. is planning for the possibility of a temporary supply blackout when the UK leaves the European Union and may stockpile as much as ...

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