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Month: March 2021

Posted on 26/03/2021

Britain says Hong Kong ‘has no right to dictate’ passport recognition

Britain told Hong Kong on Friday that it had "no right" to order other countries not to accept a UK travel document for a popular youth working scheme after the city confirmed it had made the request ... ( read original story ...)

Posted on 26/03/2021

Tencent-Backed Linklogis Seeks $1.1 Billion in Hong Kong IPO

Chinese fintech company Linklogis Inc., backed by Tencent Holdings Ltd., is seeking to raise HK$8.3 billion ($1.07 billion) from an initial public offering in Hong Kong.The Shenzhen-based company is ... ( read original story ...)

Posted on 26/03/2021

Tencent-backed Linklogis launches HK IPO to raise $1.06 bln – term sheet

Tencent-backed Chinese fintech firm Linklogis is aiming to raise up to $1.06 billion in its Hong Kong initial public offering (IPO) launched Friday, according to a term sheet reviewed by Reuters. By ... ( read original story ...)

Posted on 26/03/2021

Dow Jones May Lead Hang Seng, ASX 200 Higher as the Fed Lifts Bank Dividend Restrictions

Wall Street stocks rebounded broadly as the Fed allowed banks, which can clear stress tests, to raise dividends after this June. The US Dollar rose on strong economic data. Asia-Pacific equities ... ( read original story ...)

Posted on 26/03/2021

Hong Kong Disneyland’s new castle is an architectural vision of diversity

The new Castle of Magical Dreams, completed in November and reopened last month after Hong Kong's Covid-19 restrictions loosened, nods to the wider variety of female characters now featured in Disney ... ( read original story ...)

Posted on 26/03/2021

INSIGHT-Canada calling? Hong Kong residents shift billions abroad after clampdown

As China imposed a sweeping national security law in Hong Kong last year after massive protests, residents of the city moved tens of billions of dollars across the globe to Canada, where thousands are ... ( read original story ...)

Posted on 26/03/2021

Canada calling? Hong Kong residents shift billions abroad after clampdown

As China imposed a sweeping national security law in Hong Kong last year after massive protests, residents of the city moved tens of billions of dollars across the globe to Canada, where thousands are ... ( read original story ...)

Posted on 26/03/2021

Construction of a cave to relocate sewage treatment plant and free up 28 hectares of land to start in Hong Kong later this year

Director of Drainage Services Alice Pang says work on the first phase of moving Sha Tin facility was going on smoothly. ( read original story ...)

Posted on 26/03/2021

Hong Kong Extends International Collaboration On CBDCs For Cross-Border Payments.

Hong Kong has one of the most advanced experiments for central ... pain points in cross-border payments and how to overcome them, and how to enhance the financial infrastructure for such payments. Now ... ( read original story ...)

Posted on 26/03/2021

Elite Education Group IPO: What Investors Should Know

The IPO: Elite Education Group International (NASDAQ ... This includes expanding services to Hong Kong, Myanmar, Vietnam and Thailand. Expansion also includes expanding services at Miami ... ( read original story ...)

Posted on 26/03/2021

China’s net gold imports via Hong Kong steady in February

Net gold imports via Hong Kong to China, the world's top consumer of the metal, fell 0.2% to 4.192 tonnes in February, compared with 4.2 tonnes in January, the data showed. * "Import is still ... ( read original story ...)

Posted on 26/03/2021

Taiwan not a nation: Pro-China Hong Kong lawmaker walks out of WION Global Summit

New Delhi: When Taiwan's former Defence minister Michael Tsai referred to the coronavirus as the Wuhan virus and called Taiwan a country, it did not go down well for a pro-China lawmaker from Hong ... ( read original story ...)

Posted on 25/03/2021

China Evergrande’s $20 Billion Online Arm Considering U.S. IPO

China Evergrande Group’s online home and car sales platform FCB Group is weighing an initial public offering in the U.S. as soon as the fourth quarter, according to people familiar with the matter.FCB ... ( read original story ...)

Posted on 25/03/2021

Tencent’s Reassurances On China’s Tech Clampdown Leaves Investors Unimpressed

Shares of the Hong Kong-listed web giant have plunged over 20% since their January high, wiping out more than $200 billion in market value as Beijing made clear its intention to clampdown on the once ... ( read original story ...)

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