Reuters reported in August the company was planning to raise up to $2 billion in the deal, based on information from sources. ( read original story ...)
Hong Kong fines ICBC, UBS units, others US$5.7 million for anti-money laundering breaches
Hong Kong's banking regulator has fined four banks, including local units of Industrial and Commercial Bank of China and UBS, a combined HKUS$44.2 million (US$5.67 million) for breaches of anti-money ... ( read original story ...)
AI Giant SenseTime Wins Nod for Over $1 Billion Hong Kong IPO
China’s biggest artificial intelligence firm SenseTime Group Inc. received approval from the Hong Kong stock exchange for its initial public offering that could raise at least $1 billion, according to ... ( read original story ...)
NSL Verdict a Major Blow to Free Speech in Hong Kong
The recent conviction of pro-democracy protester Ma Chun-man for inciting secession under Hong Kong’s draconian new National Security Law marks a major step backward for free expression in Hong Kong. ( read original story ...)
JD.com, NetEase added to Hang Seng Index as China Evergrande removed from the China Enterprise Index
The Hang Seng Index will broaden its coverage to 64 firms starting December 6, although it is still unlikely to meet its goal of reaching 80 constituent stocks by mid-2022. ( read original story ...)
Hong Kong fines ICBC, UBS units, others $5.7 mln for anti-money laundering breaches
Hong Kong's banking regulator has fined four banks, including local units of Industrial and Commercial Bank of China and UBS , a combined HK$44.2 million ($5.67 million) for breaches of anti-money ... ( read original story ...)
Hong Kong fines ICBC, UBS units, others $5.7 million for anti-money laundering breaches
Hong Kong's banking regulator has fined four banks, including local units of Industrial and Commercial Bank of China and UBS, a combined HK$44.2 million ($5.67 million) for breaches of anti-money ... ( read original story ...)
Cargo Pilots Leave Hong Kong, as Covid Rules Collide With Supply Chains
Hong Kong’s quarantine rules, among the world’s tightest, are complicating operations in the global air cargo hub. ( read original story ...)
SenseTime Gets Go Ahead for Hong Kong IPO – Sources
HONG KONG (Reuters) -Chinese artificial intelligence startup SenseTime Group has received approval for an initial public offering in Hong Kong, according to two sources with direct knowledge of the ... ( read original story ...)
Alibaba stock plunges nearly 11% in record Hong Kong decline
Shares in Alibaba plummeted in Hong Kong on Friday after the tech giant warned of weaker growth this year as China's economy slows and Beijing continues its regulatory crackdown. ( read original story ...)
Hong Kong Schools Anthem Law Raises Concerns
A new law requiring Hong Kong public schools to raise the Chinese flag and sing China’s national anthem once a week can be “dangerous” and “ineffective” as part of a move by Beijing to promote a sense ... ( read original story ...)
Hong Kong: HK’s strengths promoted at webinar
Secretary for Commerce & Economic Development Edward Yau attended a webinar today assuring participants that Hong Kong’s business environment remains favourable and vibrant. At a webinar of the 2021 ... ( read original story ...)
Henderson Land secures HK$2.5b green loan from Bank of China Hong Kong
The loan is unsecured and has a tenure of three years. Henderson Land Development Company has signed a HK$2.5b green loan with the Bank of China Hong Kong (BOCHK). Along with an earlier green loan ... ( read original story ...)
Alibaba stock plunges the most since its debut in Hong Kong
Shares in Alibaba plummeted in Hong Kong, after the e-commerce giant warned of slower growth this year amid China's weakening economy and Beijing's ongoing tech crackdown. ( read original story ...)