New York, London and Hong Kong are the main contenders. Nasser said the Saudi government would decide on the listing venue and that there were no current talks with Russian companies on them taking part in the IPO. Both Falih and Nasser are part of an ... ( read original story ...)
ADVISORY-Hong Kong financial markets closed for holiday, reopen Friday
Oct 5 (Reuters) - Hong Kong’s financial markets will be closed on Thursday for a holiday. Markets will resume trading on Friday, Oct. 6. For the latest Hong Kong stock report, please click Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)
Hong Kong Payment Market 2017-By Facilitate Decision Making on the Basis of Historic and Forecasts Data 2021
"Payments Landscape in Hong Kong: Opportunities and Risks to 2021", report provides detailed analysis of market trends in Hong Kong cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry ... ( read original story ...)
Genting Hong Kong to Delist from Singapore Exchange
Genting Hong Kong, a part of Genting Group, has received a green light from the Singapore Exchange Securities Trading Limited (SGX-ST) for its proposed voluntary delisting from the Main Board of the SGX-ST. Genting Hong Kong has a primary listing on the ... ( read original story ...)
Police investigate threatening letters sent to Hong Kong news website
Hong Kong police were on Thursday investigating a string of threatening letters sent to staff and contributors at an online news outlet, one of which was sent to the website’s co-founder’s family. The letter was posted to the family of Tom Grundy ... ( read original story ...)
What is the fallout from the Hong Kong Express ‘golden week’ cancellations debacle?
Jetstar Hong Kong, another budget carrier ... Explain This takes a closer look at topical issues or news of the moment and presents it in easy-to-understand summaries ( read original story ...)
This huge IPO shows we don’t need a ‘third board’ to attract tech stocks
Zhong An Online Property and Casualty Insurance, China’s first online-only insurer, closed 9 per cent up from its IPO price on Thursday in its Hong Kong debut. With an oversubscription of nearly 400 times from retail investors, the company had priced its ... ( read original story ...)
Hong Kong’s Property Market Gets a ‘Reality Check’
The scrapped sale of The Excelsior hotel in Causeway Bay may have been a “reality check” in a heated Hong Kong property market, according to Irene Lee, chairman of Hysan Development Co. “We didn’t get it -- or we didn’t bid,” Lee said in a ... ( read original story ...)
Myntra’s Ananya Tripathi gets additional responsibilities of 2 new businesses
Tripathi, a former McKinsey executive who joined the Bengaluru based e-tailer ... TOI reported last week that Myntra has now won the master franchise rights of Hong Kong-based brand Esprit. Earlier, it won a similar right for Mango. Tripathi said the ... ( read original story ...)
Inside the Hong Kong cotton mills being transformed from old eyesores into creative hub
Three former Hong Kong textile factories will reopen next year under the name The Mills and will feature an art gallery, a textile industry museum, a start-up incubator and shops, including established neighbourhood businesses From the outside, 41 Pak Tin ... ( read original story ...)
Ten startups benefit from government funding
A newly established youth innovation and entrepreneurship fund has secured a HK$3 million loan from the Hong Kong government. In the first round, the fund benefited 10 startups, each of which obtained HK$450,000 in capital, the Hong Kong Economic Journal ... ( read original story ...)
Young Hong Kong scientists offered mentorship from industry elite
Hong Kong biotech start-up claims world first in stem cell treatment of Alzheimer’s and Parkinson’s diseases “I referred him to one of my postdoctoral researchers so he could ‘help out’,” said Tsui. “By the time he was in 12th grade ... ( read original story ...)
Will Hong Kong’s Starter Homes scheme help young families get on property ladder or fatten the pockets of developers?
Yuen Yuk-ting had her life planned out at 26 years old: she would open a bank account with her boyfriend, spend the next four years saving HK$1 million for a down payment on a 400 sq ft flat in Hong Kong, and then get married at 30. That dream was thrown ... ( read original ...
Hong Kong stocks rise as financials surge on China reserve ratio cut
HONG KONG, Oct 4 (Reuters) - Hong Kong stocks ended higher on Wednesday, extending gains made in the previous session with mainland automakers, banks and insurers leading the surge after the Chinese central bank’s weekend move to free up liquidity to ... ( read original story ...)