Latest Scandinavian China & Hong Kong News

Geely to become Saxo Bank’s majority owner

Shareholders of Saxo Bank Group (Saxo), a leading multi-asset trading and financial-technology firm with presence in key financial centres such as Hong Hong, Shanghai and Singapore, have received an offer from Sampo Group, a leading Nordic financial services group, to take up a stake of 19.9 per cent of the bank. The other significant owner…

Danish PFA Pension fund invests in Logos

Logos is a vertically integrated property logistics specialist with expertise spanning all aspects of the risk return spectrum that has per 30 October closed its third china logistics venture, , Logos China Logistics Venture 3, with Ivanhoé Cambridge and Denmark’s PFA Pension (PFA) as equal partners. The Venture will focus on the development of high…

Finnish exhibition held in Shanghai

The glass art exhibition ‘The Story of a Finnish Woman‘ by Ritva-Liisa Pohjalainen together with the ‘Kuopio – Capital of Lakeland‘ was held in late October at the Yun Jian Art Museum on the 29th floor of Shanghai World Financial Center. The centerpiece of the exhibition was the story of a Finnish woman as told…

Nokia 7 launched in Shanghai

On 19 October HMD Global, the home of Nokia phones, announced Nokia 7, a compact, design-led smartphone wrapped in 7000 series aluminium chassis with diamond cut bevelled edges. The pocketable beauty has a sleek glass finish including a 3D glass curvature back – the perfect storytelling accessory for style-forward users. Beautiful, pocketable and compact, the…

Södra increases exports to China

Södra, Sweden’s largest forest-owner association, reports that demand for products from the Swedish forest is on the increase in China. In 2017, Södra increased sales of paper pulp by more than 50 percent. At the same time, Södra’s sales of sawn timber in the country have increased steadily since 2010. Södra’s core markets for both…

Volvo Cars, Geely launch new car brand: Polestar

Volvo Cars, the premium car maker of Sweden, and its Chinese owner Geely Holding has announce they will jointly invest RMB 5 billion (EUR 640 million) in a new standalone electric performance brand called Polestar. This initial investment will support the initial phase of Polestar’s product, brand and industrial development to become a fully consolidated…

New ground-breaking concept from Vaisala: air quality measuring in China

On 19 October Vaisala announced a new project for a collaborative research and demonstration environment concerning air quality in China. The company is building a dense air quality observation network in the megacity of Nanjing and the Yangtze River Delta in 2017-2019. The air quality services and applications developed in the project will be crucial…

Norwegian ‘Start-up in Hong Kong’ seminar

On 9 November the Norwegian Chamber of Commerce Hong Kong is hosting a ‘low-key’ seminar with Mr Jørgen Sevild who will share an insight in how to set up a business in Hong Kong. The guest speaker graduated with a degree in industrial- and system engineering and management from Hong Kong Polytechnic university in 2015…

China Cleantech Roadshow 2017

Team Finland is arranging a road show for Finnish Cleantech and Clean Energy Companies who are seriously aiming to the Chinese market. The road show, during 12 – 16 November is arranged together with Jiangsu and Zhejiang Provinces’ Science & Technology Departments as part of a joint effort to facilitate research & development and innovation…