Ideas are a dime a dozen, or so they say; it's all in the execution. However, there's a big difference between an idea that's capable of going the distance and one that, try as you might, is destined ... ( read original story ...)
One of the world’s major financial centers is about to shake up its banking sector
Hong Kong , long a global leader in banking and finance, is bracing for the arrival of so-called virtual banks — financial institutions without physical branches where all transactions are online. Aut... ( read original story ...)
Hong Kong’s first money market ETF draws investors with expected 1.5 per cent return, low risk
Hong Kong’s first money market exchange traded fund (ETF) has drawn HK$1 billion (US$127.4 million) in investment from institutional investors, and its fund manager CSOP Asset Management expects addit... ( read original story ...)
Why Hong Kong’s property bubble won’t burst anytime soon
If you think Hong Kong’s insane property market will magically find sanity one day, don’t hold your breath. You will only suffocate. Forget that dream about owning a flat anytime soon. It will remain ... ( read original story ...)
Elon Musk-inspired entrepreneur sees science, technology driving Hong Kong’s start-up culture
When Mah Shao-qian was named one of the winners of the South China Morning Post’s Student of the Year Awards in March this year, he said science and technology could help provide a way for Hong Kong t... ( read original story ...)
UBS banker appeals HK regulatory action over China Forestry IPO: source
HONG KONG (Reuters) - A senior banker at UBS Group AG (UBSG.S) is appealing against Hong Kong regulatory sanctions for his role in the 2009 initial public offering (IPO) of timber company China Forest... ( read original story ...)
DBS Hong Kong kicks off “Live more, bank less” rebrand in HK with free ferry rides
DBS Hong Kong’s rebrand campaign “Live more, Bank less” has kicked off to showcase simple banking and promote the brand with a series of activities including free ferry rides in August. The campaign a... ( read original story ...)
China threatens to ban Hong Kong’s independence-minded party
"Hong Kong has freedom of association, but that right is not without restriction," Lee said at a news conference. Most people in the city of 7.3 million do not support independence. Beijing has repeat... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) disruptions in global trade would pose risks
positives, but a sharp China growth slowdown would be a challenge. Hong Kong’s Hang Seng index lost 357.98 points or 1.25 percent to close at 28,181.68. Overall, the bias in prices is: Downwards. Note ... ( read original story ...)
STX’s Hong Kong IPO Could Come as Soon as August, Says Major Investor
A successful offering in Hong Kong would make STX the first U.S. entertainment company to be listed in the Asian financial center. STX Entertainment's long-planned Hong Kong IPO could come as soon as ... ( read original story ...)
Didi seeks $1.5 billion car services spinoff ahead of likely IPO: sources
HONG KONG (Reuters) - Chinese ride-hailing giant Didi Chuxing Technology Co Ltd is looking to spin off its car services unit in a deal worth up to $1.5 billion, ahead of its expected initial public of... ( read original story ...)
Hollywood studio STX poised to be first US firm to raise funds in Hong Kong with August IPO
STX Productions LLC, the Hollywood studio behind Jackie Chan’s The Foreigner, could go public in Hong Kong as early as August, according to the chief executive of one of its biggest investors, becomin... ( read original story ...)
Hong Kong’s Fight for IPOs
Now, with the first half of 2018 already in the past, is an excellent time to assess the Hong Kong IPO market. There was some speculation that Hong Kong was about to go through some tough times. This ... ( read original story ...)
Singapore sovereign wealth fund GIC to invest US$75 million in Chinese drug maker Ascletis’ Hong Kong IPO
Ascletis Pharma, the first biotechnology firm to file for an IPO in Hong Kong following recent listing reforms, has secured commitment from Singapore sovereign wealth manager GIC to become a cornersto... ( read original story ...)