UnionPay International ("UPI"), a leading global payment services provider, marked its third year of launching the Hong Kong and Macao version of UnionPay App. The 30 million UnionPay cards that have ... ( read original story ...)
Designers take us inside Hong Kong’s latest urban micropark – bright pink, with movable furniture and swaying grasses
With movable modular furniture and a bright pink colour scheme, the Portland Street Rest Garden in Kowloon’s crowded Yau Tsim Mong district really stands out. ( read original story ...)
Experts warn the scope of Hong Kong’s national security law is broadening
Hong Kong has been subtly tweaking the way it describes its national security law in a way that could point to broader crackdowns, Bloomberg reports. Authorities in Hong Kong have recently started ... ( read original story ...)
India may let foreign investors buy up to 20% in LIC IPO- source
The Indian government is considering allowing foreign institutional investors to buy up to 20% of state-owned Life Insurance Corporation's initial public offering, a government source said on ... ( read original story ...)
Hong Kong, US hedge funds root for Luckin Coffee to overcome accounting scandal with debt restructuring pact
Not many would have given Luckin Coffee a chance to survive its accounting fraud. Yet, since falling into provisional liquidation in July 2020, the firm has opened more stores, is getting a capital ... ( read original story ...)
Hong Kong expats are up in arms about quarantine. Singapore stands to gain
By Michelle Toh, CNN Business It's been nearly two years since Norris Fong has seen his family back in his native Singapore. Now, he's had enough.The ... ( read original story ...)
Hong Kong expats are up in arms about Covid quarantine rules. Singapore stands to gain
It's been nearly two years since Norris Fong has seen his family back in his native Singapore. Now, he's had enough. ( read original story ...)
Ocean Park’s Water World is important for Hong Kong, chairman says
Lau Ming-wai, chairman of Ocean Park, says the opening of Water World is just the first act in Ocean Park's transformation from theme park to integrated resort. ( read original story ...)
What Could Stop The Hottest Thing In IPOs From Landing In Hong Kong.
Morrison & Foerster Partner and Global Chair of the Private Equity group, Marcia Ellis, is quoted in an article, “What could stop the hottest thing in IPOs from landing in Hong Kong,” published by ... ( read original story ...)
BlackRock and HSBC funds boosted Evergrande holdings as crisis loomed
Funds managed by BlackRock and HSBC added to their holdings of Evergrande bonds just months before a liquidity crisis at the Chinese property developer pushed it to the brink of default. BlackRock in ... ( read original story ...)
China stocks retreat as Evergrande seeks to delay debt repayment while Hong Kong market pauses for holiday
Stocks in mainland China retreat as Evergrande’s debt crisis stokes concerns about contagion in the financial sector in a slowing economy. Markets will be looking for signals on state intervention. ( read original story ...)
Hong Kong’s business centre sector expands in August
Compass Offices and Regus both expanded their spaces recently. A recent report by JLL reveals that the Hong Kong office sector recorded net absorption of -10,900 sq ft in August. Downsizing was still ... ( read original story ...)
Insight – Are Hong Kong property tycoons China’s next target?
Can Hong Kong’s property tycoons remain unscathed much longer? Investors don’t seem to think so, and Monday’s selloff was swift and brutal. The city’s big four developers, Sun Hung Kai Properties Ltd, ... ( read original story ...)
UPDATE 1-Hong Kong’s new, patriots-only governance to prioritise housing issues – Lam
Solving Hong Kong's shortage of housing and increasing land supply will be key priorities for authorities under the new, "patriots only" political system imposed by Beijing, Chief Executive Carrie Lam ... ( read original story ...)