A Hong Kong teenager has been ordered to do 120 hours of community service for possessing raw materials for making petrol bombs, after prosecutors successfully convinced the Court of Appeal to quash ... ( read original story ...)
Pacific Century and Thiel Capital’s SPAC Bridgetown Holdings increases deal size by 10% ahead of $550 million IPO
Bridgetown Holdings, a blank check company formed by Pacific Century and Thiel Capital targeting "new economy" sectors in Southeast Asia, raised the proposed deal size for its upcoming IPO on ... ( read original story ...)
An Unpopular IPO Rule Hands Chinese Banks Big Windfalls
When China rolled out its own Nasdaq-style listings venue, regulators forced investment banks to buy stocks in the companies they took public. That unusual requirement is now paying off big time. ( read original story ...)
China’s Xi Jinping spotlights Shenzhen as future for economic growth, Hong Kong given back seat
"The Shenzhen model is political zero tolerance and business on China's terms," said Kent Deng, professor of Chinese economic history. ( read original story ...)
Hong Kong takes back seat as China’s Xi promotes neighbor as future ‘model city’
"The Shenzhen model is political zero tolerance and business on China's terms," said Kent Deng, professor of Chinese economic history. ( read original story ...)
Hong Kong lashes out at US ‘Made in China’ labelling rule at the World Trade Organization
Hong Kong has formally denounced at the World Trade Organization (WTO) a Trump administration regulation that goods made in the city for export to the US must be labelled as "Made In China". The ... ( read original story ...)
Hong Kong officials study compulsory Covid-19 testing for performing musicians as Tropical Storm Nangka delays confirmation of cases
Orchestral musicians must test negative for the coronavirus before performing in public under a proposal being discussed by Hong Kong officials, after an infection within one of the city's top ... ( read original story ...)
Hong Kong forex intervention hits highest since 2009 financial crisis
Hong Kong's central bank has sold more of its local currency so far this year than it did in any full year since the global financial crisis, in a bid to stop the unit strengthening and breaking its ... ( read original story ...)
China’s Xi uses key speech to promote integration of Hong Kong
Xi said there should be more cooperation within the Greater Bay Area to attract young people from Hong Kong and Macao to the mainland and so "increase their sense of belonging to the motherland." ... ( read original story ...)
‘Socialist modern’ Shenzhen to rival Hong Kong, lead recovery
Chinese President Xi Jinping says the technology hub will be a model city for economic, digital and social changes to be rolled out around China. ( read original story ...)
Press freedom is under fire in Hong Kong — it’s time for Britain to take a stand
Freedom of expression is a crucial and universal human right, recognised by international organisations around the world, including the United The post Press freedom is under fire in Hong Kong — it’s ... ( read original story ...)
Breakingviews – Ant’s IPO delay flags a recurring headache
Technology firms, particularly finance-focused ones in China, are used to operating at the cutting edge of regulation. But overconfidence is always a risk, as Chinese fintech champion Ant ... ( read original story ...)
The World’s Largest Potential IPO Is Under Threat
Billionaire Jack Ma’s Ant Group is said to be seeking a valuation of about $250 billion as it plans a dual listing in Hong Kong and Shanghai, which could raise at least $35 billion. The ... ( read original story ...)
Hong Kong’s FX intervention highest since 2009
Hong Kong's central bank has sold more of its local currency so far this year than it did in any full year since the global financial crisis, in a bid to stop the unit strengthening and breaking its ... ( read original story ...)