Hong Kong Wealth Pips Singapore

Hong Kong has turned the tables on its Asian wealth rival Singapore, according to a new report. What does this mean for wealth managers? Singapore, which for years was seen as Asia’s preeminent financial center, has been overtaken by Hong Kong in ... ( read original story ...)

Medical inflation rate in Hong Kong highest in Greater China

Rise in cancer cases and an ageing population put huge strains on medical services, according to Aon Asia Healthcare Trends Report 2017/18 HONG KONG, CHINA - Media OutReach - 19 JUNE 2018 - Aon plc (NYSE:AON), the leading global professional services firm ... ( read original story ...)

China’s Xiaomi pulls mainland CDR offering until after HK IPO

Xiaomi Corp [IPO-XMGP.HK][XTC.UL], expected to raise around $10 billion in Hong Kong and mainland offerings, said it would apply to China’s securities regulator to postpone a review of its China depositary receipts (CDR) offering application. The maker ... ( read original story ...)

Xiaomi pulls mainland CDR offering until after Hong Kong IPO

Shanghai/Hong Kong: Chinese smartphone marker Xiaomi will postpone its application for a mainland share offering until after it completes a separate listing in Hong Kong, the firm said on Tuesday, casting a pall on Beijing’s drive to lure tech giants ... ( read original story ...)