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Month: April 2021

Posted on 07/04/2021

Trip.com Seeks Up to $1.4 Billion in Hong Kong Second Listing

Online travel platform Trip.com Group Ltd. is seeking to raise as much as HK$10.5 billion ($1.4 billion) in a Hong Kong second listing, adding to the growing cohort of U.S.-traded Chinese companies ... ( read original story ...)

Posted on 07/04/2021

Li Ruigang, the powerful Chinese media mogul in control of TVB, plots IPO in Hong Kong, US markets for US$10 billion of assets

After evaluating our businesses and different capital markets, it is highly likely that we will choose Hong Kong as the listing venue." A listing plan will push Li's media business - including a ... ( read original story ...)

Posted on 07/04/2021

Hong Kong – HKEx Publishes Guidance Letter On Pre-Vetting For Placing To Connected Clients In An IPO.

On 5 March 2021, The Stock Exchange of Hong Kong Limited (HKEx) published a Guidance Letter HKEX-GL110-21 on pre-vetting for placings to connected clients in initial ... ( read original story ...)

Posted on 07/04/2021

Hong Kong – HKEx Publishes Listing Committee Report 2020.

The Stock Exchange of Hong Kong Limited (HKEx) published its Listing Committee Report for 2020, which includes a review of the committee’s work during the year and an overview of its policy agenda for ... ( read original story ...)

Posted on 07/04/2021

Hong Kong dollar softens to 7.78 vs U.S. dlr, weakest since March 2020

The Hong Kong dollar softened to 7.7804 against its U.S. counterpart on Wednesday, the weakest since Mar. 13, 2020, due to ample liquidity amid cooling interest in the initial public offering (IPO) ... ( read original story ...)

Posted on 07/04/2021

History will absolve us, says former Hong Kong MP after guilty plea

Three Hong Kong democracy advocates have admitted in court to participating in an unauthorised rally during protests in 2019, but one added: “History will judge us not guilty”. Amid a continuing ... ( read original story ...)

Posted on 07/04/2021

Hong Kong activists plead guilty to joining democracy rally

HONG KONG (AP) — Three veteran Hong Kong pro-democracy activists, including well-known publisher Jimmy Lai, have pleaded guilty to taking party in an unauthorized rally that resulted in violence ... ( read original story ...)

Posted on 07/04/2021

Hong Kong Courts the Rich as China Tightens Its Grip

Beijing, which can’t afford to let its attack on civil liberties scare away global banks and financiers, is offering them a big tax break and other perks. ( read original story ...)

Posted on 07/04/2021

Coronavirus: Hong Kong should look at halting AstraZeneca jabs order, vaccine expert says; city faces about 10 new Covid-19 cases

Hong Kong should consider halting its order for AstraZeneca’s Covid-19 shots and focus instead on securing supplies of second-generation jabs that protect against mutated virus strains, according to a ... ( read original story ...)

Posted on 07/04/2021

Former Hong Kong lawmaker says many people are now ‘too afraid to speak up’

Emily Lau, a former Democratic Party member of Hong Kong's Legislative Council, said companies should speak up against policies that affect the business environment in the city. Got a confidential ... ( read original story ...)

Posted on 07/04/2021

Hong Kong tycoon Jimmy Lai pleads guilty to illegal assembly

HONG KONG (Xinhua): Media tycoon Jimmy Lai and two others on Wednesday (April 7) pleaded guilty to participating in an unauthorised assembly in August 2019. Lai, activist Lee Cheuk-yan, and part-time ... ( read original story ...)

Posted on 07/04/2021

Hong Kong stocks retreat from two-week high as traders weigh earnings outlook, mainland investors pull funds

Iris Ouyang is a business reporter for the Post. She has reported in Washington D.C., Beijing, and Hong Kong in the past several years for both Chinese and international media organisations such as ... ( read original story ...)

Posted on 07/04/2021

Nasdaq-listed Chinese travel site Trip.com files for Hong Kong secondary listing

Chinese travel booking site Trip.com has filed for a secondary listing in Hong Kong. A number of U.S.-listed Chinese technology companies have done secondary listings in Hong Kong including Alibaba, ... ( read original story ...)

Posted on 07/04/2021

Hong Kong developers kick off multigeneration housing projects for the elderly to live in proximity to their families

Sun Hung Kai Properties (SHKP) is kicking off Hong Kong’s first “multigeneration” housing project, offering facilities that cater equally for the young and the elderly, as the city’s largest developer ... ( read original story ...)

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