Foxconn unit luring cornerstone investors for Shanghai IPO

in 2016 in Hong Kong was taken up by cornerstones. Chinese regulators do not officially call them conerstone investors, but sources close to the Foxconn deal said they are similar to conerstones. Foxconn unit’s IPO, which would be the largest domestic ... ( read original story ...)

Bank revises upward HK growth forecast

Standard Chartered today raised its forecast for Hong Kong’s economic growth for this year and next year. The bank predicted gross domestic product to grow from 3.2 percent to 3.8 percent this year. It also revised upward its projection for next year ... ( read original story ...)

Hong Kong shares jump after Trump tweets on China’s ZTE

TRUMP ON CHINA: In a surprise overture to Beijing, Trump tweeted that he wanted to help Chinese smartphone and telecom gear maker ZTE "get back into business, fast." The company's Hong Kong-traded shares have been suspended since U.S. authorities banned it ... ( read original story ...)