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Month: July 2020

Posted on 20/07/2020

UK Poised to Suspend Hong Kong Extradition Treaty: Newspapers

Britain will on Monday suspend its extradition treaty with Hong Kong in an escalation of its dispute with China over its introduction of a national security law for the former British colony, ... ( read original story ...)

Posted on 20/07/2020

Ant Group Is Said to Pick Banks for $10 Billion Hong Kong IPO

Ant Group, the parent of China’s largest mobile payment company, has picked China International Capital Corp., Citigroup Inc., JPMorgan Chase & Co. and Morgan Stanley for its Hong Kong initial public ... ( read original story ...)

Posted on 20/07/2020

Alibaba’s Ant Group Starts Concurrent IPO Process in Shanghai, Hong Kong

Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, said on Monday that it had started the process of a concurrent initial public offering on Shanghai's Nasdaq-style Star Market and the ... ( read original story ...)

Posted on 20/07/2020

Jack Ma’s Ant Group Plans Dual IPOs in Shanghai, Hong Kong

Ant Group, the Chinese technology and financial-services giant that owns popular mobile-payments network Alipay, said it is planning concurrent initial public offerings in Hong Kong and Shanghai as it ... ( read original story ...)

Posted on 20/07/2020

Jack Ma’s fintech giant Ant starts IPO process in Hong Kong and Shanghai

The financial services and payments behemoth said Monday that it has kickstarted the process of a concurrent initial public offering on the Hong Kong Stock Exchange and Shanghai’s Nasdaq-style ... ( read original story ...)

Posted on 20/07/2020

Alibaba’s Ant Group fires starting gun on dual listing in Hong Kong, Shanghai

It would become the first company to list both in Hong Kong and on the Star Market and its IPO should boost the status of both Hong Kong and Shanghai as capital market centres. The company, China’s ... ( read original story ...)

Posted on 20/07/2020

Alibaba payments arm Ant to seek IPO in China and Hong Kong

HONG KONG -- China's Ant Group said on Monday that it will seek an initial public offering in Shanghai and Hong Kong in an eagerly awaited move towards the stock market by one of the world's ... ( read original story ...)

Posted on 20/07/2020

UK to change extradition deal with Hong Kong – PM

Foreign Secretary Dominic Raab is expected to suspend the UK's extradition treaty with Hong Kong later amid rising tensions between London and Beijing. It comes after China imposed a controversial ... ( read original story ...)

Posted on 20/07/2020

Alibaba-backed Ant Group to go public in Shanghai, Hong Kong

HONG KONG (AP) - Ant Group, the online payments arm of e-commerce giant Alibaba Group, announced plans Monday for an initial public stock offering that could become the world's biggest since the start ... ( read original story ...)

Posted on 20/07/2020

China’s Ant Group Kicks Off $200 Billion Dual Listing In Shanghai And Hong Kong

Ant Group, which operates the popular mobile payment platform Alipay, has begun discussions for a dual listing on Shanghai’s tech-focused Star Board and the Hong Kong stock exchange. ( read original story ...)

Posted on 20/07/2020

Sun Life Survey: Family Business Model in Asia Set to Change with New Generation of Business Owners

69% of Hong Kong younger business owners think there will be fewer family owned businesses in future Younger businesses less prepared to manage risk in COVID-19 pandemic Startup owners expect to ... ( read original story ...)

Posted on 20/07/2020

Global banks are scrutinizing their Hong Kong clients for pro-democracy ties, sources say

Sources told Reuters the broadened scrutiny of clients also applied to Hong Kong and Chinese officials who had implemented the law in anticipation of any U.S. sanctions against them. ( read original story ...)

Posted on 20/07/2020

Hong Kong: UK set to suspend extradition treaty with Chinese territory

Foreign Secretary Dominic Raab is expected to suspend the UK's extradition treaty with Hong Kong later amid rising tensions between London and Beijing. It follows the controversial national security ... ( read original story ...)

Posted on 20/07/2020

Global coronavirus report: masks made mandatory in Hong Kong, France and Melbourne

Trump refuses to order public to wear masks; no agreement yet on Europe recovery package; first Covid-19 death in Melanesia ... ( read original story ...)

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