Baidu has priced its shares at 252 Hong Kong dollars ($32.45) for its upcoming secondary listing. The technology giant previous announced plans to issue 95 million Class A ordinary shares. At 252 Hong ... ( read original story ...)
Hong Kong: IPO hits almost $11 billion, close to 500% jump from 1 year earlier
A pandemic-induced hunger for technology stocks and the threat of US delistings have been a boon for the financial hub during a difficult political stretch, driving a surge in initial and secondary ... ( read original story ...)
US sanctions 24 China and Hong Kong officials ahead of talks
Lam said in a television interview in November last year that the sanctions meant she receives her salary in cash and has “piles of cash” at home because she was cut off from banking services in Hong ... ( read original story ...)
Hong Kong coronavirus: Stories of children separated from parents highlight the price of pandemic success
When Ariel saw her two young sons isolated in a Hong Kong hospital ward with Covid-19, she broke down. The brothers -- age 5 and 1 and both asymptomatic -- were wearing vests that were tied to their ... ( read original story ...)
Hong Kong locks down overnight to ward off ‘fifth wave’
Hong Kong authorities are launching an "ambush-style" lockdown in residential buildings amid fears that a super-spreader event at a local gym could bring a 'fifth wave' of Covid-19 to the city. CNN's ... ( read original story ...)
US sanctions 24 Hong Kong and Chinese officials ahead of Blinken meeting with Beijing
Hong Kong's leader Carrie Lam, who was previously sanctioned under the HKAA, has said the move effectively cut her out of the global banking system, forcing her to stockpile cash because banks will ... ( read original story ...)
U.S. agency criticizes Hong Kong air carrier quarantine rules
The U.S. Transportation Department (USDOT) warned it could limit flights by carriers based in Hong Kong after the Asian financial hub imposed quarantine rules that have impacted U.S. cargo carrier ... ( read original story ...)
Stories of children separated from parents highlight the price of Hong Kong’s coronavirus success
Hong Kong (CNN)When Ariel saw her two young sons isolated in a Hong Kong hospital ward with Covid-19, she broke down. The brothers -- age 5 and 1 and both asymptomatic -- were wearing vests that were ... ( read original story ...)
Hong Kong Bourse May Open Under Mild Pressure
The Hong Kong stock market has finished higher in two straight sessions, gathering almost 290 points or 0.8 percent along the way. The Hang Seng Index now rests just above the 29,025-point plateau ... ( read original story ...)
Hong Kong’s dead trees find new life as furniture
This dead longan tree in Hong Kong would have been destined for landfill.Instead – under the watchful eye of Ricci Wong – it’s being collected and repurposed into wooden furniture or other household ... ( read original story ...)
Not all deadwood: Furniture fashioned from Hong Kong tree waste
The growl of a chainsaw fills the air as a dead longan tree is felled under the watchful eye of Ricci Wong, founder of a Hong Kong non-profit to turn tree waste into furniture and other household ... ( read original story ...)
Jack Ma’s SCMP Joins Hong Kong Media Groups Facing China Control
(Bloomberg) -- As news broke that China is pressuring Jack Ma’s Alibaba Group Holding Ltd. to sell the South China Morning Post, surprised employees pondered the future of Hong Kong’s main ... ( read original story ...)
HSBC Closes Main Hong Kong Office After Multiple Covid Cases
A spokeswoman for HSBC declined to comment. The Hong Kong Economic Journal reported the closure earlier. The bank’s iconic main building in Hong Kong is located at 1 Queen’s Road Central. A ... ( read original story ...)
Hong Kong Bankers Work Around the Clock as IPOs, SPACs Surge
Hong Kong’s bankers are working around the clock as the region’s companies rush to go public. Initial public offerings in the city have already hit almost $11 billion, a close to 500% jump from a year ... ( read original story ...)