Offering could become world's largest first-time share sale since Alibaba's listing BEIJING • Xiaomi has won Hong Kong stock exchange approval for its planned initial public offering (IPO), which would be the first listing in the city with weighted ... ( read original story ...)
Why Hong Kong’s love affair with meat is leaving planet paying price through carbon emissions
Visit a typical Chinese restaurant in Hong Kong and amid the hubbub there will be tables groaning under the weight of meat dishes – but you’ll be hard pressed to find more than the odd plate of vegetables around. That is because the main course in ... ( read original story ...)
Hong Kong police inspector arrested over disappearance of 670,000 yuan cash evidence
A senior Hong Kong inspector was arrested on Friday on suspicion of stealing 670,000 yuan (US$104,800) from a police station and replacing it with fake banknotes. The officer, 41, is an assistant subdivisional commander at Ta Kwu Ling police station. ( read original story ...)
Hong Kong policeman arrested for indecently assaulting two girls in suspected compensated dating case
An off-duty Hong Kong policeman was arrested on Wednesday for indecently assaulting two girls he had met online, in a case suspected to involve compensated dating. In such arrangements, one party pays the other to go on a “date”, often involving sex. ( read original story ...)
Shortage of HPV anti-cancer drug Gardasil in Hong Kong prompts protest outside Merck offices in Causeway Bay
After months of unhappiness over a shortage of the HPV vaccine Gardasil 9 in Hong Kong, a group of women took their protests to the offices of the drug’s maker in Causeway Bay on Friday. Wearing face masks and carrying two large banners, about 20 ... ( read original story ...)
Life in a Hong Kong drainpipe
Hong Kong: “Both indoors and out, life in Hong Kong can feel pretty suffocating at times,” says 39-year-old finance worker Wai Li, who rents a 200 square foot (19 square metre) “nano flat” in Hong Kong’s Sheung Wan neighbourhood. Li’s living ... ( read original story ...)
Ant Financial raises $14 billion in world’s largest-ever single fundraising
Deutsche Bank, Citigroup, China International Capital Corp, CITIC Securities, JPMorgan and Morgan Stanley acted as financial advisors to Ant. Reporting by Adam Jourdan in SHANGHAI, Cate Cadell in BEIJNG, and Julie Zhu and Kane Wu in HONG KONG; Editing by ... ( read original story ...)
HK, China agree on cross-boundary supervision
The China Banking and Insurance Regulatory Commission and the Securities and Futures Commission of Hong Kong have entered into a memorandum of understanding regarding the cooperation and exchange of information in connection with the supervision and ... ( read original story ...)
SuperCharger Fintech Accelerator Raises $14.4 Million, Lands 47 Deals in Most Recent Hong Kong Cohort
In April, Standard Chartered officially opened its Hong Kong innovation lab, the eXellerator ... the next generation of FinTech entrepreneurs that could potentially shape banking trends.” Standard Chartered also launched SC Ventures this year. ( read original story ...)
When Hong Kong needs more land for housing and progress, why rule out reclamation and country park fringes?
Activists claim government-business collusion if land held by developers in the New Territories is released. They want to develop the Fanling golf course and the brownfield sites. But even then, there will still not be sufficient land for Hong Kong to ... ( read original story ...)
Xiaomi gets Hong Kong stock exchange approval for IPO; to raise over $10 bn
Xiaomi Corp. has won Hong Kong stock exchange approval for its planned initial public offering, which would be the first listing in the city with weighted voting rights, people with knowledge of the matter said. The smartphone maker passed its so-called ... ( read original story ...)
Mainland Tenants Only Care About Being in the Right Building Says Hongkong Land
Head of Office Space at Hongkong Land, whose company owns Jardine House and the Exchange Square complex, as well as several other prime buildings in the city’s Central business district. “Mainland Chinese demand doesn’t really care too much about ... ( read original story ...)
Hong Kong restaurant where it’s not about the money: Sammy’s Kitchen survives, sucks up 48pc rent rise – and cuts lunch prices
Ivy Yip Fung-yee, daughter of Sammy Yip, told the Post that some regular customers know the Hong Kong-style restaurant is still open ... but it turned out that business wasn’t moving until December, so the timing didn’t work for me. ( read original story ...)
Hong Kong contractor used metal cylinders instead of bricks in faked concrete tests for cross-border bridge
Technicians at a Hong Kong government contractor faked reports on the strength of concrete bricks used in a major cross-border bridge project because they were pressed for time and faced a manpower shortage, a court heard on Friday. Ng Kai-yiu, 64 ... ( read original story ...)