HONG KONG (Reuters) - Chinese startup Ofo is in talks to raise $1 billion in a new funding round led by Japan's SoftBank Group, people familiar with the matter said, in what would be the largest fund-raising in the nation's bike-sharing business. ( read original story ...)
Hong Kong bridge: engineering marvel links three cities
The fantastic 1983 vision of a Hong Kong tycoon is now being realised with the construction of the mammoth Hong Kong-Zhuhai-Macao Bridge. Builders of the Hong Kong-Zhuhai-Macao Bridge, which will be the world’s longest bridge over water, overcame one of ... ( read original story ...)
Hong Kong: Xi calls for unity in face of challenges
Willy Ho Tsz-ho, 28, who works at a local news media company, said he was glad Mr Xi weighed in on the importance of “seeking broad common ground while setting aside major differences” in Hong Kong. The remarks showed that Mr Xi understands and ... ( read original story ...)
Anger at plan to let Chinese police patrol in Hong Kong
A Hong Kong government plan to lease part of a new high-speed rail station to China and allow Chinese police to enforce mainland laws has sparked new fears the city is losing its autonomy. The proposal, which has drawn heavy criticism from pro-democracy ... ( read original story ...)
Hong Kong’s healthiest brands announced
Visa is the ‘healthiest’ brand in Hong Kong, according to YouGov’s first brand health rankings. The list is dominated by financial services and payment brands – Visa, Octopus Card, Hang Seng Bank and HSBC – as well as retailers (luxury and ... ( read original story ...)
AIA’s first half profit beats estimates on strong China, Hong Kong sales
The stock hit a new all-time high on Thursday, up 1.8 per cent to close at HK$60.7. Net profit increased 42 per cent ... succeeding Mark Tucker, who is set to join HSBC as group chairman. “Asian economic growth remains strong and structurally resilient. ( read original story ...)
Walkie Talkie building sold to Hong Kong firm for a record £1.3bn
The previous record-breaking transaction for a single piece of British commercial property was the HSBC tower in Canary Wharf which was purchased by the Qatar Investment Authority in 2014 for £1.2bn. ( read original story ...)
AIA Isn’t Just a Cash Machine
Even that market share in Hong Kong and China needs defending. What's Tucker's strategy at HSBC Holdings Plc, where he is now chairman? Will he replicate his success at AIA and push HSBC deeper into insurance? With a profit margin of 54 percent ... ( read original story ...)
London’s Walkie Talkie building sold for record-breaking £1.3bn
The group also owns and manages office and retail space in Guangzhou and Shanghai in China, as well as in central Hong Kong. The Cheesegrater, or Leadenhall Building, sold for £1.15bn in March HSBC building, 8 Canada Square, sold for £1.1bn in December ... ( read original story ...)
Senior Apac levfin banker exits BAML
His departure comes just ahead of Nicholas Kwan, formerly an associate director in HSBC's Asia Pacific leveraged finance team, joining BAML's leveraged finance unit next month. ... Please take a trial or subscribe to access this content. Contact our ... ( read original story ...)
Secret move that paid off
Moving HSBC's base from Hong Kong was a highly sensitive matter, hence it was directly handled in strict confidence by the top manager at accounting firm KPMG, assisted only by two confidantes and a secretary. Preparations were made under extreme secrecy ... ( read original story ...)
Walkie Talkie skyscraper bought by Hong Kong firm for record £1.3bn
The previous record-breaking transaction for a single piece of British commercial property was the HSBC tower in Canary Wharf which was ... including those from Hong Kong and China, who have piled in after Britain's vote to leave the European Union ... ( read original story ...)
Only One Foreign Startup Emerged As A Finalist In A Hong Kong Tech Competition—And It’s M’sian!
She Loves Tech is a global initiative that is all about showcasing the relationship between tech trends, entrepreneurship, innovation and the opportunities created for women. Running an annual global startup competition and international conference series ... ( read original story ...)
China bike-sharing firm Ofo in talks to raise $1 billion, led by SoftBank – sources
HONG KONG (Reuters) - Chinese startup Ofo is in talks to raise $1 billion in a new funding round led by Japan's SoftBank Group, people familiar with the matter said, in what would be the largest fund-raising in the nation's bike-sharing business. ( read original story ...)