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Month: July 2018

Posted on 23/07/2018

How does a foreigner set up a business in Hong Kong/Taiwan/China?

In summary, a Chinese registered company is the key vehicle to access mainland China market and a Hong Kong registered company is the wheels of this vehicle to advance your business expansion in Great... ( read original story ...)

Posted on 23/07/2018

Secret to 50 successful years as sole Fujifilm supplier in Hong Kong? Changing with the times, says CEO

His grandfather, Sun Chieh-yeh, was a salesman for the company in Hong Kong in the early 1960s. After the 1967 riot, when his boss decided to migrate overseas, his grandfather took over the business i... ( read original story ...)

Posted on 23/07/2018

Hong Kong cruise ports serve 1.7m passengers in 2017

Hong Kong’s two major cruise ports, Kai Tak and Ocean, handled a total of 1.7m passengers in 2017, up 4.4% on the previous year, according to air4casts. However, over 700,000 cruise passengers were Ho... ( read original story ...)

Posted on 23/07/2018

Cornerstones take 16 percent of China Tower’s $8.7 billion HK IPO: sources

has lined up $1.4 billion from 10 cornerstone investors for its Hong Kong IPO of up to $8.7 billion, in what would be the world’s biggest listing in four years, people close to the deal said. The Beij... ( read original story ...)

Posted on 23/07/2018

China Tower sets price range, gets cornerstones for $8.7 billion HK IPO – sources

has lined up $1.4 billion from 10 cornerstone investors for its Hong Kong IPO of up to $8.7 billion, in what would be the world’s biggest listing in four years, five people close to the deal told Reut... ( read original story ...)

Posted on 23/07/2018

Boom-bust tells IPO tale amid HK easing, mainland tightening

In fact, the Hong Kong stock market appears set to regain its reputation as one of the world's largest IPO markets, equity mavens said. A report from global consultancy PwC stated that first-half A-sh... ( read original story ...)

Posted on 23/07/2018

Red Hot Hong Kong IPO Market Is Cooling as Retail Buyers Flee

Retail investors’ enthusiasm for Hong Kong initial public offerings is suddenly waning. Individual buyers placed orders for an average 28.7 times of the shares initially available to them in July, acc... ( read original story ...)

Posted on 23/07/2018

China Tower sets price range, gets cornerstones for US$8.7b HK IPO

has lined up $1.4 billion from 10 cornerstone investors for its Hong Kong IPO of up to $8.7 billion, in what would be the world's biggest listing in four years, five people close to the deal told Reut... ( read original story ...)

Posted on 23/07/2018

Elderly Hong Kong workers paid so badly they can hardly afford to buy lunch – but business groups insist they can’t pay more

Senior citizens and women have been the biggest losers when it comes to wage growth in Hong Kong, seeing the slowest rise in salaries in a six-year period compared to other groups. The findings prompt... ( read original story ...)

Posted on 23/07/2018

Hong Kong: HANG SENG INDEX (.HSI) traders shrug off trade talk

Hong Kong stocks ended higher on Friday, as a sharp rebound in mainland Chinese stocks lifted sentiment. The Hang Seng index ended 0.8 percent higher at 28,224.48, while the China Enterprises Index cl... ( read original story ...)

Posted on 23/07/2018

Hong Kong Property Bears Rear Their Heads (Yet Again)

Hong Kong’s property market has a habit of humbling the bears, shattering predictions that the laws of gravity must eventually prevail. But, now, a crosscurrent of headwinds -- from a slowing Chinese ... ( read original story ...)

Posted on 22/07/2018

Highlights From Forbes Under 30 Summit Asia In Hong Kong

Visionaries like Hong Kong business magnate Allan Zeman dished out their advice and listened to how these millennials were disrupting their industries. These sessions were followed by a Startup Openho... ( read original story ...)

Posted on 22/07/2018

BRIEF-Hong Kong’s Asset And Wealth Management Business Reaches HK$24.27 Trln In 2017 – SFC

July 20 (Reuters) - Hong Kong Securities and Futures Commission : * SAYS ASSET AND WEALTH MANAGEMENT BUSINESS IN HONG KONG REACHES HK$24.27 TRILLION ($3.09 trillion) IN 2017 Source text in English: ht... ( read original story ...)

Posted on 22/07/2018

China Tower Is Said to Draw Hillhouse, Alibaba to Hong Kong IPO

China Tower Corp., the state-owned wireless infrastructure operator, has attracted Hillhouse Capital and a unit of Alibaba Group Holding Ltd. as investors in its planned Hong Kong initial public offer... ( read original story ...)

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