Jack Ma’s Ant Group Co. is aiming to raise $17.5 billion in its Hong Kong share sale and won’t seek to lock in cornerstone investors, confident there will be plenty of demand for one of the largest ... ( read original story ...)
Ant Group to raise $17.5 billion via Hong Kong IPO without cornerstone investors – sources
China's Ant Group plans to raise about half of its $35 billion dual listing in Hong Kong and will not offer a cornerstone tranche as it bets on strong demand from institutional investors, sources said ... ( read original story ...)
Ant Group to raise $17.5 bln via Hong Kong IPO without cornerstone investors -sources
China's Ant Group plans to raise about half of its $35 billion dual listing in Hong Kong and will not offer a cornerstone tranche as it bets on strong demand from institutional investors, sources said ... ( read original story ...)
Bank of East Asia to sell insurance business with Elliott backing
Hong Kong-based Bank of East Asia Ltd (BEA) said on Wednesday it had decided to initiate a sale of its insurance business and seek a strategic partner for its mainland China business following a ... ( read original story ...)
Hong Kong protests: Court of Appeal rules magistrate made mistake when ordering probation for girl found with petrol bomb materials
The Court of Appeal on Wednesday concluded that a magistrate had erred in giving a teenage girl probation for possessing the raw materials for making petrol bombs amid Hong Kong's social unrest last ... ( read original story ...)
ZHA reveals designs for Hong Kong office block on world’s most expensive site
The prime plot is located near a number of iconic office towers, including IM Pei’s 72-storey Bank of China building Cesar Pelli’s 63-storey Cheung Kong Centre and Foster + Partners’ 1985 Hong Kong ... ( read original story ...)
Ant Plans $17.5 Billion Hong Kong IPO, No Cornerstone Investors
(Bloomberg) -- Jack Ma’s Ant Group Co. is aiming to raise $17.5 billion in its Hong Kong share sale and won’t seek to lock in cornerstone investors, confident there will be plenty of demand for one of ... ( read original story ...)
Hong Kong journalists forced to register or be banned
Hong Kong has banned journalists from working in the former British colony if they are not registered with the authorities to keep out “fake reporters”.The new rule — effective immediately — was ... ( read original story ...)
Hong Kong and China stocks snap two-day run of losses after changing direction at least 10 times
Hong Kong and China stocks rose for the first time this week, as traders assessed prospects of global growth and the fallout from a resurgence in the coronavirus epidemic in Europe. The Hang Seng ... ( read original story ...)
Richard Li’s FWD Plans Up to $3 Billion Hong Kong IPO
FWD Group Ltd., the Asian insurer backed by billionaire Richard Li, is planning a Hong Kong initial public offering that could raise as much as $3 billion, according to people familiar with the matter ... ( read original story ...)
Goodbye Pierre, hello … Aubrey. Izakaya at Mandarin Oriental Hong Kong to open in January on hotel’s top floor
An izakaya – in Japan a small, informal place serving alcoholic drinks and snacks – may appear an odd choice for a venerable five-star hotel in Hong Kong’s Central business district. All will be revea ... ( read original story ...)
For Xi Jinping, China’s Hong Kong Crackdown Has Come At A Cost
The diverse city that made its residents proudly label themselves as Hong Kongers and which also attracted so many foreigners has been changed enormously, with the worst yet to come. ( read original story ...)
Hong Kong Traders Chased 1,600-1 Odds to Buy IPO That Flopped
One of Hong Kong’s most-popular initial public offerings among retail investors fell in its debut, pouring cold water on the city’s red-hot sentiment over new listings. ( read original story ...)
Bank of East Asia to launch sale of insurance business in strategy overhaul
HK> said on Wednesday it had decided to initiate a sale of its insurance business following the completion of a review of its portfolios and assets. ( read original story ...)