Hong Kong-based Jardine Matheson announced the A$3.4 billion acquisition of Australian diagnostic and teleradiology group I-MED Radiology Network. The deal includes I-MED's minority stake in AI radiology solutions developer Harrison.ai.
Hong Kong’s smaller grocers are bracing for pressure amid a fresh wave of price cuts by supermarkets and big retail chains, but some economists say their “neighbourhood connection” could help them stay afloat. A lawmaker also said it was unlikely the big local chains would monopolise the market citing strong competition from online shopping platforms. The latest price war erupted ahead of Mother’s Day on Sunday, with CK Hutchison-backed ParknShop and Jardine Matheson’s Wellcome each offering 12...
Hongkongers packed the aisles of supermarkets with carts full of daily necessities as the city’s major grocery chains engaged in what some were calling a “price war” ahead of Mother’s Day. Hong Kong’s two major supermarket chains, CK Hutchison Holdings-backed ParknShop and Jardine Matheson’s Wellcome, each offered 12 per cent off everything in their stores for those who bought a certain amount of goods on Saturday. HKTVmall, the city’s popular online shopping platform, entered the fray and...
