Troubled Ocean Park is receiving another government lifeline, growing its rescue cost to over $1 bln. That's more than the latest stimulus package, in a further sign of the city’s skewed priorities. ( read original story ...)
Shareholders cash in on Hong Kong stock market rally as investors snap up jumbo block-trade shares sales
Strong IPO pipeline for 2021 is likely to inject more money into the Hong Kong market, encouraging more listed companies to launch share sales. ( read original story ...)
Coronavirus: with higher unemployment figures on the horizon, Hong Kong businesses are bracing for a gloomy start to 2021
Industry leaders are predicting almost across the board that unemployment in their sectors will get worse before it gets better. ( read original story ...)
HSBC CEO expresses regret to Hong Kong activist over frozen bank accounts
Noel Quinn, HSBC chief executive, personally wrote to a Hong Kong pro-democracy activist to express regret after the bank froze his bank account, in a sign of the challenges that companies are facing ... ( read original story ...)
Hong Kong has no alternative to ‘laam chau’ and Beijing’s intervention
Legal scholars Chen Duanhong and Benny Tai Yiu-ting may be exact opposites, but both recognise that the city’s social and political crises run so deep that they cannot be resolved by normal legal or c ... ( read original story ...)
Clients of Hong Kong law firm need speedy justice
Closure of one of Hong Kong’s leading conveyancing companies is causing thousands of innocent people financial pain as they desperately try to get their money back from frozen accounts. ( read original story ...)
Kuaishou’s Hong Kong IPO could value company at $60bn
Kuaishou’s initial public offering on the Hong Kong stock exchange could see the Chinese online short video company valued at $60bn. ( read original story ...)
Interest rate decisions this week from ECB, BoJ and BoC, as Hang Seng flying higher [Video]
The only global stock index in positive territory is the Hang Seng in Hong Kong which you can trade on Valutrades at HK50. Basically, the Chinese economy is growing which always helps Hong Kong listed ... ( read original story ...)
He Climbed 800 Feet in a Wheelchair. Hong Kong Watched in Awe.
Lai Chi-wai fell short of his goal of ascending a skyscraper by rope. It hardly made his feat any less impressive. ( read original story ...)
Hong Kong’s Ocean Park Doesn’t Want to be a Theme Park any More
The Hong Kong government will provide another $361 million (HK$2.8 billion) to rescue city’s troubled Ocean Park, which has seen losses increased by the effect of COVID-19. The venture is to be ... ( read original story ...)
Hong Kong markets come out of 2020 stronger than ever: HKEX chairperson
In 2020, new economy companies made up about 60 percent of Hong Kong's IPO fund-raising. Hong Kong has become the world's second largest biotech fund-raising center. "I have heard people in Silicon ... ( read original story ...)
Amazon-Backed Deliveroo Is Now Worth $7 Billion. An IPO Is on the Menu.
The British food delivery company raised $180 million in its latest funding round and confirmed plans for an IPO for the first time. ( read original story ...)
China’s Kuaishou Hong Kong IPO could value firm at about $60bln -sources
Chinese online short video company Kuaishou will open the books for its Hong Kong initial public offering (IPO) next Monday to raise at least $5 billion in a deal that could value the company at ... ( read original story ...)
Hong Kong fourth wave: restaurants, beauty parlours demand immediate easing of Covid-19 rules to prevent onslaught of closures, lay-offs
Restaurants, beauty parlours plead with Hong Kong government to allow them to open up their premises, after seemingly endless social-distancing curbs. ( read original story ...)