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Month: December 2020

Posted on 04/12/2020

US Lawmakers Denounce Sentencing of Hong Kong Activists

The Hong Kong government’s decision to sentence three prominent activists to prison for organizing an unauthorized assembly drew fire from several key member of the U.S. Congress. On Wednesday, Hong ... ( read original story ...)

Posted on 04/12/2020

JD Logistics seeks bank pitches for Hong Kong IPO of up to $3 billion, sources say

JD Logistics has asked banks to pitch for the lead role in its Hong Kong initial public offering (IPO) of up to $3 billion as it moves towards launching the deal in the first half of 2021, according ... ( read original story ...)

Posted on 04/12/2020

Hong Kong pro-democracy figure Jimmy Lai denied bail on fraud charge

Media tycoon detained until April amid accusations of improper use of his office space ... ( read original story ...)

Posted on 04/12/2020

China Market Update: US-Listed Chinese Companies’ Hong Kong Shares Rise Overnight Recognizing A Resolution To PCAOB Issue

Would you believe that a company increased revenue by +150% in the 2nd quarter of 2020 during the thick of coronavirus’s unfortunate consequence both socially and economically? How did a firm do so ... ( read original story ...)

Posted on 04/12/2020

Jimmy Lai, Hong Kong media tycoon, is taken into custody

The businessman was arrested on three previous occasions this year but this time was denied bail, underscoring a crackdown on the democracy movement. ( read original story ...)

Posted on 03/12/2020

Ex-Hong Kong lawmaker goes into exile, plans to travel to UK

COPENHAGEN (AP) — A Hong Kong pro-democracy activist and former lawmaker who is visiting Denmark said Thursday he is going into exile and will soon move to Britain. “I hereby announce ... ( read original story ...)

Posted on 03/12/2020

Hong Kong Tycoon Jimmy Lai Denied Bail as Authorities Crack Down

Jimmy Lai was denied bail on new charges related to an August arrest under a China-drafted security law, potentially keeping the Next Digital Ltd. founder behind bars for months as he fights the ... ( read original story ...)

Posted on 03/12/2020

JD.com’s digital health-care unit raises $3.5 billion in Hong Kong IPO

JD Health, the health-care unit of Chinese e-commerce giant JD.com, is gearing up for a Hong Kong initial public offering (IPO) on Dec. 8. ( read original story ...)

Posted on 03/12/2020

JD Logistics seeks bank pitches for Hong Kong IPO of up to $3 bln, sources say

JD Logistics has asked banks to pitch for the lead role in its Hong Kong initial public offering (IPO) of up to $3 billion as it moves towards launching the deal in the first half of 2021, according ... ( read original story ...)

Posted on 03/12/2020

Hong Kong is fast running out of avenues for dissent

Three high-profile Hong Kong democracy activists were jailed Wednesday, others have already fled the city, while still more face prosecution. Their cases involve a host of charges, both serious and ... ( read original story ...)

Posted on 03/12/2020

Hong Kong locks up media tycoon Jimmy Lai for breaching terms of office lease

The businessman has been arrested four times this year but until now had not been denied bail, underscoring the crackdown on the democracy movement. ( read original story ...)

Posted on 03/12/2020

Jimmy Lai, Hong Kong Media Tycoon, Is Denied Bail on Fraud Charge

Jimmy Lai, the founder of Hong Kong’s biggest pro-democracy newspaper, was denied bail on fraud charges on Thursday and ordered jailed until April by a court. The detention of Mr. Lai, 72, came a day ... ( read original story ...)

Posted on 03/12/2020

HSBC’s Loyal Hong Kong Investors Find Redemption in 55% Rally

Fear of owning HSBC Holdings Plc shares is turning into a fear of missing out on a major rally.Europe’s biggest lender is up 55% in Hong Kong since touching its 25-year low in September, and is the ... ( read original story ...)

Posted on 03/12/2020

HSBC share price rockets 50% since its 25-year low

HSBC has seen its share price rocket more than 50% since it hit a 25-year low in September. The UK's biggest bank has been under increasing regulatory and economic pressure in its key markets, ... ( read original story ...)

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