Embattled HNA Group is being sued by its office landlord in Hong Kong’s main business district over a debt of about HK$$8.3 million (US$1.06 million), according to a writ filed with the city’s High Co... ( read original story ...)
Investing for good? It’s age and not income that counts, say findings from Hong Kong’s investment funds body
It is not how much you make, but how old you are that determines your appetite for sustainable investing, according to a survey by the Hong Kong Investment Funds Association released on Sunday. Nearly ... ( read original story ...)
Hong Kong taxpayers asked to cough up further HK$17.5 billion for huge basement complex under West Kowloon Cultural District
Lawmakers were set to demand answers on Monday as to why Hong Kong taxpayers would have to cough up another HK$17.5 billion for a huge basement complex under the city’s new cultural district. At a mee... ( read original story ...)
Hong Kong’s tunnel toll plan a good start, but only fewer cars will solve congestion
Secretary for Transport and Housing Frank Chan confirmed that the Central-Wan Chai bypass, which directly links Central with North Point and is designed to alleviate the constant congestion on Glouces... ( read original story ...)
Cathay Pacific sells first-class tickets from Portugal to Hong Kong at one-tenth of original price
First-class tickets on Cathay Pacific Airways from Portugal to Hong Kong were sold for US$1,512 (HK$11,800) instead of US$16,000 on Sunday, less than two weeks after a similar incident on the carrier’ ... ( read original story ...)
A Close Look At Sinotruk (Hong Kong) Limited’s (HKG:3808) 19% ROCE
Today we’ll evaluate Sinotruk (Hong Kong) Limited (HKG:3808) to determine whether it could have potential as an investment idea. Specifically, we’re going to calculate its Return On Capital ... ( read original story ...)
AB InBev considers partial IPO of Asian business -bankers
BRUSSELS/HONG KONG (Reuters) - Anheuser-Busch InBev (ABI.BR), the world ... Bloomberg reported on Friday that AB InBev was considering an initial public offering (IPO) that could raise more than $5 bi... ( read original story ...)
Hong Kong Bourse May Add To Its Winnings
BOC Hong Kong advanced 0.71 percent, China Mobile gathered 0.64 percent, Tencent Holdings dropped 0.63 percent, CNOOC perked 0.48 percent, China Life Insurance shed 0.48 percent, Hong Kong & China Gas ... ( read original story ...)
Hong Kong police announce record low of 54,225 crime cases in 2018, as force celebrates 175th anniversary
Hong Kong police have announced they handled a record low number of crime cases in 2018, with a full breakdown to be released later this month. Commissioner of Police Stephen Lo Wai-chung, speaking at ... ( read original story ...)
AB InBev considers partial IPO of Asian business: banker
BRUSSELS/HONG KONG (Reuters) - Anheuser-Busch InBev (ABI.BR), the world ... Bloomberg reported on Friday that AB InBev was considering at initial public offering (IPO) that could raise more than $5 bi... ( read original story ...)
Facial Recognition Startup Megvii Mulls $1B Hong Kong IPO
In a move that could bring in as much as $1 billion in funding, facial recognition firm Megvii is reportedly mulling an initial public offering (IPO). Sources, however, said that the idea is still in ... ( read original story ...)
More Details Emerge About Possible Executive Succession, IPO, and Layoffs at Bitmain, World’s Largest Cryptomining Firm
Like competing Chinese crypto-miner manufacturing firms Canaan and Ebang, Bitmain is currently seeking approval to conduct an IPO in Hong Kong from local regulators. Canaan and Ebang’s applications ha... ( read original story ...)
China’s Wanda files for U.S. IPO of sports unit to raise up to $500 million: sources
HONG KONG/NEW YORK (Reuters) - Chinese conglomerate Dalian Wanda ... which could happen in the first half of this year, the sources said. The IPO could raise between $300 million and $500 million, the ... ( read original story ...)
State of the Market: Hong Kong & Singapore
But it was not all doom and gloom as steady corporate work continued to keep law firms busy. HONG KONG: IPO BOOM PROVIDES A LIFT AS PRC FIRMS CONTINUE TO MAKE THEIR PRESENCE FELT There were two overar... ( read original story ...)