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Month: May 2021

Posted on 17/05/2021

Next Digital trading halted in Hong Kong after Jimmy Lai’s assets frozen

The Hong Kong stock exchange on Monday halted the trading of Next Digital shares, days after authorities froze assets belonging to its founder Jimmy Lai. ( read original story ...)

Posted on 17/05/2021

JD Logistics Launches Up to $3.4 Billion Hong Kong IPO

The logistics arm of JD.com is looking to raise as much as $3.4 billion through an initial public offering, in the latest Hong Kong listing linked to China’s booming e-commerce market. ( read original story ...)

Posted on 17/05/2021

JD Logistics kicks off marketing as it seeks up to US$3.4 billion in Hong Kong initial public offering

The logistics arm of Chinese e-commerce giant JD.com started marketing its Hong Kong initial public offering (IPO) to retail investors on Monday at a price range of HK$39.36 to HK$43.36 per share, ... ( read original story ...)

Posted on 17/05/2021

Hong Kong starts Reit subsidy plan to make up for lost decade as rival markets flourish from Singapore to Japan

The government has put into action a HK$270 million (US$35 million) plan to encourage property owners to cobble their assets together under real estate investment trusts as part of efforts to bolster ... ( read original story ...)

Posted on 17/05/2021

HSBC hopes to double profit from rich Hong Kong customers in five years by tapping Wealth Management Connect scheme

HSBC believes the upcoming Wealth Management Connect scheme will help it double its profit from high net-worth customers in Hong Kong over the next five years, according to a senior executive. The ... ( read original story ...)

Posted on 17/05/2021

JD Logistics launches Hong Kong IPO to raise up to $3.4 billion

JD Logistics will be one of the biggest deals in Hong Kong this year following the Kuaishou Technology IPO in late January which raised $5.4 billion. ( read original story ...)

Posted on 17/05/2021

Hong Kong’s Old Boys Club Is Living on Borrowed Time

Putting more women on the city’s male-dominated boards is overdue and will improve its competitiveness with London and New York. ( read original story ...)

Posted on 17/05/2021

JD Logistics Seeks Up to $3.4 Billion in Hong Kong IPO

JD Logistics Inc., the delivery arm of e-commerce giant JD.com Inc., is seeking to raise as much as HK$26.4 billion ($3.4 billion) in its Hong Kong initial public offering, seizing on China’s online ... ( read original story ...)

Posted on 17/05/2021

JD Logistics launches Hong Kong IPO to raise up to $3.4 billion – filings

JD Logistics will price its shares between $HK39.36 and $HK43.36 each as the company aims to raise up to $3.4 billion, according to the company's filings. The logistics offshoot of JD.com Inc will ... ( read original story ...)

Posted on 17/05/2021

Coronavirus: Hong Kong tightens restrictions on Taiwan arrivals, while Singapore and Japan could be next

Unvaccinated travellers will have to undergo quarantine at designated hotels for 21 days and show negative coronavirus test before boarding flights ... ( read original story ...)

Posted on 17/05/2021

Carrie Lam’s Tokyo Olympics TV deal: a bid to reignite Hong Kong’s patriotic fervour like in Beijing 2008?

As Hong Kong snaps up the broadcast rights to the Tokyo Games, observers wonder if what it really seeks is a national pride pick-me-up from a bygone time when most Hongkongers identified as Chinese. ( read original story ...)

Posted on 17/05/2021

Coronavirus: four-month-old baby is youngest in Hong Kong to locally contract variant from South Africa

A four-month-old baby has become the youngest person in Hong Kong to locally contract the more transmissible coronavirus variant first identified in South Africa, authorities have said. The revelation ... ( read original story ...)

Posted on 16/05/2021

New Hong Kong regulations threaten to stifle financial hub

From limiting public access to corporate information to a potential travel ban, new rules and proposals by the Hong Kong government have raised concerns over the city's future as a free and open ... ( read original story ...)

Posted on 16/05/2021

Finance chief expects Hong Kong’s jobless rate to keep dropping

With a warming economy in the first quarter, Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region (HKSAR) government, expects the jobless rate of the financial hub would ... ( read original story ...)

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