Chinese state-owned Yuexiu Property has pulled out of a proposed $1.7 billion deal to buy China Evergrande Group's Hong Kong headquarters building over worries about the developer's dire financial ... ( read original story ...)
Seven Hong Kong activists jailed over unauthorised protest in 2020
Seven Hong Kong democracy campaigners, including former lawmakers, were sentenced on Saturday to up to 12 months in jail for their role in a protest last year against a sweeping national security law ... ( read original story ...)
Evergrande CEO in Hong Kong for restructuring, asset sale talks, sources say
Evergrande Group's chief executive is holding talks in Hong Kong with investment banks and creditors over a possible restructuring and asset sales, two people said, as the Chinese developer battles ... ( read original story ...)
Alibaba, HSBC offer startup contest
Alibaba Hong Kong Entrepreneurs Fund (AEF) and banking giant HSBC have invited startups to participate in an annual competition with prizes worth up to US$4million. ( read original story ...)
US Law Firm Drops Work on Hong Kong Statue Removal after Criticism
The copper sculpture honoring slain Tiananmen Square protesters has been on display at the University of Hong Kong for more than two decades ... ( read original story ...)
Exclusive-Evergrande’s US$1.7 billion Hong Kong headquarters sale flops as buyer withdraws -sources
Chinese state-owned Yuexiu Property has pulled out of a proposed US$1.7 billion deal to buy China Evergrande Group's Hong Kong headquarters building over worries about the developer's dire financial ... ( read original story ...)
U.S. Law Firm Drops Work on Hong Kong Statue Removal After Criticism
A U.S. law firm said on Friday it had withdrawn from helping a Hong Kong university remove a statue honoring slain Tiananmen Square protesters after the firm's role sparked condemnation from human ... ( read original story ...)
A man accused of killing a Hong Kong taxi driver and going on the run was caught after having a beer with a woman who recognized him
Police arrested a man in connection with the stabbing death of a Hong Kong taxi driver on Tuesday. A woman told the Hong Kong Free Press that she recognized the man after having a beer with him and ... ( read original story ...)
Hong Kong reports 9 new imported COVID-19 cases
Hong Kong's Center for Health Protection (CHP) reported nine new confirmed cases of COVID-19 on Friday, taking the total tally to 12,285. ( read original story ...)
U.S. law firm Mayer Brown to cease work for University of Hong Kong in dispute over Tiananmen memorial’s removal
The move comes after a controversy about a statue commemorating Beijing’s Tiananmen Square massacre that had stood at Hong Kong’s oldest university for 24 years. ( read original story ...)
Hong Kong: Paul Chan attends Guangzhou forum
Financial Secretary Paul Chan today met Hong Kong young people who started their businesses in the Mainland and attended a meeting of the first Pearl River International Trade Forum in Guangzhou. In ... ( read original story ...)
Qiming-backed Abbisko makes $200M+ Hong Kong debut, as a SPAC and Agenus spinout also price on Nasdaq
Three new entities priced their public debuts late Thursday and early Friday, including a SPAC, a traditional Nasdaq IPO and a Chinese biotech joining the Hong Kong Index. Shanghai-based Abbisko ... ( read original story ...)
Debt-stricken China Evergrande suffers huge blow as US$1.7 billion deal to sell its Hong Kong headquarters collapses
Guangzhou government-backed Yuexiu Property dropped its offer to buy China Evergrande’s 26-storey office tower in Wan Chai over concerns about the embattled home builder’s hefty debts, Reuters ... ( read original story ...)
Hong Kong Office Rental Market Recovers After Two Years of Decline
Hong Kong’s office rental market has started to recover after multiple quarters of decline, as the negative impact of the Covid-19 pandemic and social unrest in 2019 continue to fade, a recent report ... ( read original story ...)