Kuaishou's stock more than doubled in value Friday as the TikTok-like video app scored the world's biggest IPO since the coronavirus pandemic began. ( read original story ...)
Hong Kong unveils national security guidelines for children aged six and above
Hong Kong has unveiled controversial guidelines for schools in the Chinese-ruled city that include teaching students as young as six about colluding with foreign forces and subversion as part of a new ... ( read original story ...)
Hong Kong introduces sweeping national security rules for schools
Hong Kong has introduced sweeping new restrictions for how schools operate, months after the Beijing government imposed a new national security law giving authorities wide-ranging powers to crack down ... ( read original story ...)
Breakingviews – Hong Kong retail mania one-ups U.S. short squeeze
Who needs orchestrated campaigns like the short squeeze on U.S. video-game retailer GameStop when there is the old-fashioned lure of a shoot-for-the-moon stock? Kuaishou Technology shares almost ... ( read original story ...)
How a Hong Kong Facebook group is helping people navigate one of the world’s longest Covid-19 quarantines
Since its inception in March 2020, the support group has become an invaluable resource for Hong Kongers who travel overseas during the pandemic and must navigate the city's stringent Covid-19-related ... ( read original story ...)
Kuaishou Nearly Triples After Biggest Internet IPO Since Uber
Kuaishou Technology, the operator of China’s most popular short-video service after ByteDance Ltd.’s Douyin, jumped 194% in its Hong Kong debut after a $5.4 billion initial public offering that ... ( read original story ...)
China Investors Evade Capital Controls to Snap Up Hong Kong IPOs
It’s not hard to find reasons why cash is pouring into Hong Kong initial public offerings at a record pace: rock-bottom interest rates, frothy markets, pandemic boredom. ( read original story ...)
HSBC may move top execs to HK or Singapore to strengthen Asia push
HONG KONG • HSBC Holdings is considering relocating a handful of senior executives from London to Hong Kong or Singapore as Europe's largest lender bets its future on Asia.. Read more at straitstimes. ( read original story ...)
How a 30,000-member Facebook group is helping Hong Kong navigate one of the world’s longest quarantines
Since its inception in March 2020, the support group has become an invaluable resource for Hong Kongers who travel overseas during the pandemic and must navigate the city's stringent Covid-19-related ... ( read original story ...)
Shares in TikTok rival Kuaishou almost triple on Hong Kong debut
Shares in Kuaishou nearly tripled on their first day of trading in Hong Kong, delivering a massive windfall for the Chinese streaming video platform and chief rival to TikTok. The company’s stock ... ( read original story ...)
Hong Kong banks told to stop accepting BN(O) passports while inmates with dual nationality forced to choose
Western governments express alarm over move to require inmates to declare a nationality, saying it could infringe upon an individual’s rights. ( read original story ...)
Protester in exile: From Hong Kong to the UK
Pro-democracy protesters face a tough decision over continuing to fight or fleeing to the UK. ( read original story ...)
Kuaishou’s Hong Kong IPO: Cannonball Coming!
Hong Kong IPO is reportedly now 1,204x oversubscribed by retail investors. Shares are up +142% in pre-IPO trading. Kuaishou will issue 362mm shares at an offering price of HK$115. There is chatter ... ( read original story ...)
Hong Kong restaurant earnings dive nearly 30 per cent in 2020 as pandemic batters business
Overall restaurant receipts for 2020 shrank to HK$79.4 billion from HK$112.5 billion in 2019 as social-distancing regulations hammered industry. ( read original story ...)