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Month: November 2021

Posted on 10/11/2021

Launch of the CIC Sustainable Finance Certification Scheme Marks Another Milestone in the Construction Industry

The Construction Industry Council (CIC) organised the Sustainable Finance Certification Scheme (the Scheme) Launching Ceremony on 5 November to celebrate the joint achievements of 18 forward-looking ... ( read original story ...)

Posted on 10/11/2021

Rivian’s IPO Delivers Near $9 Billion Fortune for Saudi Investor

A Saudi family that built its business on gasoline-fueled cars is sitting on an almost $8.9 billion fortune after electric truck maker Rivian Automative Inc.’s initial public offering.Most Read from ... ( read original story ...)

Posted on 10/11/2021

Ex-Banker Joins World’s Richest in Her Beauty Startup’s IPO

Falguni Nayar’s beauty startup has jolted her to the ranks of the world’s richest.Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesDo Prisons Deserve a Second ... ( read original story ...)

Posted on 10/11/2021

Some bond holders of Evergrande have not received payments on Asia end of business Wed – sources

HONG KONG, Nov 10 (Reuters) - Some bond holders of cash-strapped China Evergrande Group have not received coupon payments by the end of 30-day grace periods at close of Asia business on Wednesday ... ( read original story ...)

Posted on 10/11/2021

Hong Kong national security law: ex-Apple Daily publisher denied bail after prosecutors cite statements from US, UK as evidence of collusion

Statements from the two governments criticising the national security law and condemning Apple Daily’s closure were evidence of collusion, prosecutors argued. ( read original story ...)

Posted on 10/11/2021

Hong Kong stocks close up as property and tech shares boost

Hong Kong shares finished up on Wednesday, led by real estate firms and tech giants, as investors bought the dip after mainland developers dropped nearly 20% and bet policies to be eased in the sector ... ( read original story ...)

Posted on 10/11/2021

Hong Kong must ensure a smooth shift away from the Libor benchmark

At the end of 2021, there will be a fundamental shift in how the financial industry measures risk, as Libor is phased out. Nearly 10 years after a high-profile London interbank offered rate-fixing ... ( read original story ...)

Posted on 10/11/2021

The University of Hong Kong Offers Entrance Scholarships for International Students to Realise Dreams

Offering generous entrance scholarships that recognise students' remarkable achievements, the University of Hong Kong (HKU) empowers students from diverse backgrounds to pursue their dreams and ... ( read original story ...)

Posted on 10/11/2021

Billionaire Henry Cheng to take control of pay-TV operator i-Cable amid spotlight on Hong Kong media assets

Billionaire Henry Cheng Kar-shun is sinking HK$316.4 million (US$40.6 million) to take full control of pay-TV operator i-Cable Communications to turn around 13 years of losses amid heightened interest ... ( read original story ...)

Posted on 10/11/2021

SG air mobility startup lifts off with $300k in pre-seed money

and Hong Kong. Its fleet includes aircraft from aviation firms such as Gulfstream, Cessna, Dassault, Airbus, and Bell. Following the fundraising, the startup will focus on further developing its ... ( read original story ...)

Posted on 10/11/2021

Hong Kong prosecutors cite Dominic Raab comments in bid to deny bail for Apple Daily boss

Prosecutors successfully claim criticism of Hong Kong crackdown by US and UK shows Cheung Kim-hung has links to foreign political groups ... ( read original story ...)

Posted on 10/11/2021

Hong Kong’s future — the pearl and the dragon

Three books look at the territory’s recent tussles with Beijing and offer differing levels of optimism on the outlook for freedom ... ( read original story ...)

Posted on 10/11/2021

What to Expect From a Hong Kong, China Travel Bubble: Q&A

After almost two years of near-isolation, Hong Kong travelers may finally be able to travel quarantine-free to mainland China — one of the few places on earth that is hanging on to a Covid zero policy ... ( read original story ...)

Posted on 10/11/2021

EXCLUSIVE Tycoon Richard Li’s FWD considers shifting US IPO to Hong Kong – sources

FWD has faced questions from the Securities and Exchange Commission on its mainland China ties and has been treated by authorities as a Chinese business rather than a Hong Kong entity, said one of the ... ( read original story ...)

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