https://www.scmp.com/rss/525136/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Yujie Xue,Leopold Chen Yujie Xue,Leopold Chen Chongqing Changan Automobile’s electric vehicle (EV) brand Deepal became the latest mainland Chinese carmaker to use Hong Kong as a test market when it launched its S07 SUV on Thursday. The Chongqing-based company said it would partner with Dah Chong Hong Holdings, a leading Hong Kong car distributor, to sell the right-hand drive version of the S07 starting on Thursday. The S07 is available for sale under the Hong Kong government’s “one-for-one replacement scheme”, a subsidy for car owners to... https://www.scmp.com/business/china-evs/article/3298489/chinas-changan-launches-deepal-ev-brand-hong-kong-part-go-global-strategy?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3298489/chinas-changan-launches-deepal-ev-brand-hong-kong-part-go-global-strategy?utm_source=rss_feed Thu, 13 Feb 2025 06:00:48 +0000 Cannix Yau,Jiang Chuqin Cannix Yau,Jiang Chuqin Hong Kong grocery chain Dah Chong Hong (DCH) Food Mart will close down its stores after 39 years in business, with customers expressing sadness at the move. “After careful consideration, DCH has made the decision to cease operations at its 28 DCH Foods retail stores,” a company spokeswoman told the Post on Friday. “As the largest food and FMCG (fast-moving consumer goods) distributor in Hong Kong, Dah Chong Hong will continue to serve the local community through its sourcing, distribution and... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3255506/hong-kongs-dah-chong-hong-food-mart-close-down-stores-after-39-years-business?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3255506/hong-kongs-dah-chong-hong-food-mart-close-down-stores-after-39-years-business?utm_source=rss_feed Fri, 15 Mar 2024 07:04:32 +0000 Sandy Li Sandy Li Citic Pacific is making a HK$3 billion (US$385 million) bid to privatise luxury car and consumer goods distributor Dah Chong Hong Holdings. The group offered HK$3.7 per share, or about 37.55 per cent over the last closing price of HK$2.69, to buy the 43.19 per cent of Dah Chong Hong it does not already own. Shares of the distributor of Audi, Bentley, Honda, and Infiniti brands surged 30.85 per cent to HK$3.52 at the close of trading on Monday. Citic Pacific owns 56.81 per cent of the 70-year-old... https://www.scmp.com/business/companies/article/3033808/citic-pacific-makes-us385-million-offer-privatise-luxury-car?utm_source=rss_feed https://www.scmp.com/business/companies/article/3033808/citic-pacific-makes-us385-million-offer-privatise-luxury-car?utm_source=rss_feed Mon, 21 Oct 2019 02:11:31 +0000 Celia Chen Celia Chen Dah Chong Hong Holdings Ltd, one of Hong Kong’s leading food retailers and importer of motor vehicles, will unveil a strategic change of direction of its mainstay business, as it’s poised to report its sixth consecutive year of declining profits. Net income is likely to fall 23 per cent to HK$438 million in 2016, on the back of a 2.4 per cent increase in revenue, according to a Bloomberg survey The company will seek acquisitions, create a better balance between its motor and consumer operations,... https://www.scmp.com/business/companies/article/2074439/dah-chong-hong-seeks-remake-business-reverse-profit-slump?utm_source=rss_feed https://www.scmp.com/business/companies/article/2074439/dah-chong-hong-seeks-remake-business-reverse-profit-slump?utm_source=rss_feed Mon, 27 Feb 2017 23:01:10 +0000