Kuaishou Technology, the operator of China’s most popular video service after ByteDance Ltd.’s Douyin, raised HK$42 billion ($5.4 billion) after pricing its Hong Kong initial public offering at the ... ( read original story ...)
Hong Kong economy suffers biggest annual contraction on record, shrinking 6.1 per cent as coronavirus hammers tourism, local spending
Coronavirus hammers tourism and local spending as city marks first back-to-back yearly decline of GDP since record-keeping began. But government issues positive forecast for 2021. ( read original story ...)
China Targets U.K.’s Hong Kong Passports Over Citizenship Plan
The country will no longer consider the British National Overseas passport a valid travel document, a move with limited impact. ( read original story ...)
China challenges U.K. plan to give Hong Kong residents a path to citizenship
Beijing says Britain's plan to give Hong Kong residents a legal, easy path to citizenship, "infringes on China's sovereignty." ... ( read original story ...)
Hong Kong’s $600 Billion Stock Rally Hinges on China Support
Hong Kong’s stock rally is so dependent on mainland capital that the mere suggestion the record inflows will slow has the potential to stir panic in the city’s $7.1 trillion market. ( read original story ...)
Retail buyers flood China’s Kuaishou HK IPO with $162 bln offered
China's Kuaishou Technology 1024.HK raised $5.4 billion from its IPO, the top of the range, with offers from retail investors reaching a mammoth $162 billion, nearly half of it backed by margin loans, ... ( read original story ...)
Bogus banknote seizures up 68 per cent last year, as Hong Kong police raid fake bill workshop, detain mother-daughter pair
Officers arrest tenant of a flat in Fanling and her daughter, seizing 54 bogus HK$500 banknotes along with unfinished bills, production equipment. ( read original story ...)
Exclusive: Hong Kong police obtain financial records of arrested democracy activists
Hong Kong authorities are scrutinizing the financial records of pro-democracy activists as they crack down on political opposition, according to some activists and a senior bank executive. ( read original story ...)
Hong Kong: China will no longer recognise British national overseas citizens
Move comes after UK says people with status can move to Britain and eventually settle ... ( read original story ...)
China rejects UK passports for Hong Kong residents as valid identification
Largely symbolic move reinforces Beijing’s threat to take further action over London’s visa offer to territory ... ( read original story ...)
Hong Kong market did ‘reasonably well’ despite Covid and protests, exchange chairman says
Laura Cha, chairman of Hong Kong Exchanges and Clearing (HKEX), discusses Hong Kong's vitality as a market despite challenges such as the coronavirus and civil unrest over its national security law. ( read original story ...)
Hong Kong investors pile into Kuaishou’s $5.4bn IPO plan
Chinese short-video platform Kuaishou Technology expects to price its initial public offering of up to $5.4 billion at the top end of the marketed range, after heavy demand for what is shaping up to ... ( read original story ...)
Hong Kong stocks notch 4th monthly gain on record mainland demand
Hong Kong stocks ended lower on Friday, though the index posted its fourth consecutive monthly gain - the longest winning streak since early 2019 - as mainland buying hit a monthly record via the ... ( read original story ...)
BOC debuts yulan bonds through Hong Kong branch
Bank of China Hong Kong has sold the first yulan bond, a new asset class that was only launched in December, raising $500m from the market. But the deal saw limited interest as investors come to grips ... ( read original story ...)