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Month: June 2021

Posted on 25/06/2021

Didi’s $4 billion U.S. IPO fully covered – sources

Didi Global Inc's initial public offering (IPO) to raise up to $4 billion in the United States has been covered on the first day of its bookbuild, according to four sources with direct knowledge of ... ( read original story ...)

Posted on 25/06/2021

Daily Markets: Equities Lift on Infrastructure Progress and Bank Stress Test

While equities are in an ebullient mood following progress on U.S. infrastructure spending and the Federal Reserve announcement saying that the biggest U.S. lenders could easily withstand a severe ... ( read original story ...)

Posted on 25/06/2021

Security chief John Lee installed as Hong Kong’s deputy leader

China installed a security chief to the second highest-ranking position in Hong Kong as a public library in the territory became a new hotbed of insurrection.The appointment of John Lee to the role of ... ( read original story ...)

Posted on 25/06/2021

Security chief named Hong Kong No. 2 official amid clampdown

China on Friday promoted Hong Kong’s top security official to the territory’s No. 2 spot as Beijing continues to clamp down on free speech and political opposition. Chief Executive Carrie Lam said ... ( read original story ...)

Posted on 25/06/2021

Coronavirus: how worried should we be about Hong Kong’s first local infection with suspected Delta variant?

A 27-year-old airport worker was confirmed on Thursday as the first case in the community probably involving the Delta variant. ( read original story ...)

Posted on 25/06/2021

Hong Kong’s security chief promoted to city’s No. 2 official; police chief to lead security

The changes come a year after Beijing imposed a sweeping national security law and one day after Hong Kong's Apple Daily published its final edition. ( read original story ...)

Posted on 25/06/2021

Hong Kong virtual bank launches ‘all-in-one’ numberless debit and credit card

Cardholders can switch their card between credit and debit in the bank's app Customers of Hong Kong-based virtual bank Mox can now apply ... ( read original story ...)

Posted on 25/06/2021

Hong Kong court ruling overturns anti-LGBT housing policy

Married same-sex partners will be allowed to own subsidised housing together in Hong Kong after a landmark High Court ruling on Friday, a major stride for LGBT rights in the financial hub. Hong Kong ... ( read original story ...)

Posted on 25/06/2021

Hong Kong’s police chief, security secretary to be promoted-report

Hong Kong's Secretary of Security John Lee and police chief Chris Tang, key figures behind the city's authoritarian turn over the past year, are expected to be promoted "very soon," the South China ... ( read original story ...)

Posted on 25/06/2021

Chinese Tesla rival Xpeng to raise up to $2 billion from Hong Kong listing

Xpeng will issue 85 million Class A ordinary shares at a price of no more than 180 Hong Kong dollars ($23.19) each for its dual-primary listing. ( read original story ...)

Posted on 25/06/2021

Asian biotech startup Insilico is disrupting the pharmaceutical industry using Artificial Intelligence

HK-based Insilico Medicine recently raised US$ 255m, and is disrupting the pharma industry with its novel use of deep learning and AI. ( read original story ...)

Posted on 25/06/2021

Hong Kong Police Chief, Security Secretary to Take on New Roles: Xinhua

Hong Kong Secretary of Security John Lee and police chief Chris Tang will take on new roles as part of a government reshuffle, China's state news agency Xinhua said on Friday. Lee will replace Matthew ... ( read original story ...)

Posted on 25/06/2021

China Tesla rival Xpeng secures approval for Hong Kong IPO

Chinese smart electric car maker reportedly approved to list on Hong Kong Stock Exchange, becoming the latest US-listed Chinese company to list closer to home. ( read original story ...)

Posted on 25/06/2021

Hang Seng Expected To Open In The Green On Friday

The Hong Kong stock market has climbed higher in two straight sessions, collecting more than 570 points or 2 percent along the way. ( read original story ...)

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