One of China's biggest tech firms has chosen to stay home for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny because of rising geopolitical tensions. ( read original story ...)
Company shuns Wall Street IPO amid US-China tensions
One of China's biggest tech firms Ant Group announced that it has chosen Hong Kong and Shanghai for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny ... ( read original story ...)
Hongkong banking, postal, and Inland Revenue services reduced starting July 20
The government has announced new measures effective from today, July 20, that affect Hong Kong’s postal service ... Other facilities like banks which include HSBC, Standard Chartered, Bank of China, ... ( read original story ...)
Hong Kong protesters adapt signs, slogans to skirt new law
Supporters of Hong Kong’s protest movement are adapting their methods since China imposed a feared national security law on the city. ( read original story ...)
Hong Kong Exchanges Soars on Ant’s Dual Listing With Shanghai
Hong Kong Exchanges & Clearing Ltd. surged as much as 6.2%, its biggest jump in 20 months, after billionaire Jack Ma’s Ant Group announced plans to seek a dual listing in Hong Kong and Shanghai, ... ( read original story ...)
China’s Ant to go public in dual Shanghai-Hong Kong listing
Chinese fintech firm Ant Group has begun the process of a concurrent initial public offering in Shanghai and Hong Kong. ( read original story ...)
UK will ‘bear the consequences’ for Hong Kong decision, China warns
Ambassador to London calls extradition treaty suspension ‘blatant’ interference in Chinese affairs and a contravention of international law ... ( read original story ...)
China warns UK of ‘consequences’ over Hong Kong ‘interference’
The UK will "bear the consequences" if it continues to go "down the wrong road" on Hong Kong, China has warned. On Monday, the UK suspended an extradition treaty with Hong Kong over a new security law ... ( read original story ...)
U.K. Suspends Extradition Treaty With Hong Kong Over Security Law
Several foreign governments have criticized the new law, which gives China broad powers to crack down on political crimes in the territory. ( read original story ...)
Global Banks Look to Taiwan Expansion in Shift Away From Hong Kong
Taiwan’s top financial regulator said global banks are looking to expand on the island after China’s passage of a controversial security law in Hong Kong prompted some firms to rethink their Asian ... ( read original story ...)
Tech Firms Begin to Abandon Hong Kong Because of Security Law
China’s sweeping national security law has forced technology firms to reconsider their presence in Hong Kong. The nimblest among them -- the city’s startups -- are already moving data and people out ... ( read original story ...)
Exclusive: Global banks scrutinize their Hong Kong clients for pro-democracy ties
Global wealth managers are examining whether their clients in Hong Kong have ties to the city's pro-democracy movement, in an attempt to avoid getting caught in the crosshairs of China's new national ... ( read original story ...)
Jack Ma’s newest venture is planning a $200 billion IPO — and it could be the largest public offering in history
Ant Group's public offering would bypass a New York listing as tensions rise between the US and China. ( read original story ...)
Jack Ma’s fintech Ant Group is planning a massive dual-listing IPO in Shanghai and Hong Kong, skipping New York
One beneficiary of the Ant IPO? Jack Ma's Alibaba, which acquired a 33% stake in the fintech company in 2019 after spinning it off years earlier. ( read original story ...)