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Month: December 2021

Posted on 16/12/2021

Hong Kong’s home prices to fall in 2022 as stock market slump creates ‘negative wealth effect’, Morgan Stanley says, marking a halt in city’s decade-long real estate …

Morgan Stanley expects Hong Kong's 2022 home prices to fall by 2 per cent, going against the market's consensus of gains between 3 and 10 per cent Sales volume of lived-in homes may contract by 15 per ... ( read original story ...)

Posted on 16/12/2021

SenseTime Weighs Reopening Hong Kong IPO Orders Monday, Sources Say

Chinese artificial intelligence firm SenseTime Group Inc. is considering reopening orders for its Hong Kong initial public offering as soon as Monday, according to people familiar with the matter, ... ( read original story ...)

Posted on 16/12/2021

Credit Suisse Joins Rivals in Reimbursing Hong Kong Quarantine

Credit Suisse Group AG is the latest global bank offering Hong Kong employees compensation to cover the cost of mandatory hotel quarantine upon returning to the city that implements one of the world’s ... ( read original story ...)

Posted on 16/12/2021

SenseTime is reportedly planning to relaunch its Hong Kong IPO on Monday

SenseTime Group plans to keep its Hong Kong IPO at $767 million as it considers re-launching the withdrawn deal as early as Monday, three sources told Reuters. ( read original story ...)

Posted on 16/12/2021

SenseTime plans Hong Kong IPO re-launch Monday; keeps fundraising target -sources

Chinese artificial intelligence startup SenseTime Group plans to keep its Hong Kong initial public offering (IPO) at $767 million as it considers re-launching the withdrawn deal as soon as Monday, ... ( read original story ...)

Posted on 16/12/2021

SenseTime plans Hong Kong IPO relaunch Monday, sources say

Chinese artificial intelligence startup SenseTime Group plans to keep its Hong Kong initial public offering (IPO) at US$767 million as it considers re-launching the withdrawn deal as early as Monday, ... ( read original story ...)

Posted on 16/12/2021

Three Cyberport start-ups’ mobile games win Best Indies of the Year from Google Play Hong Kong

HONG KONG SAR - Media OutReach - 16 December 2021 - Three mobile ... Cyberport will continue to support local game developers in seizing market opportunities and expanding their business through the ... ( read original story ...)

Posted on 16/12/2021

Coronavirus: 3,000 cross-border travellers a day ‘doable’ when Hong Kong’s quarantine-free plan with mainland China launches

The potential quota, which would significantly exceed earlier 1,000-person predictions, will depend to a degree on the Covid-19 outbreak situation in Guangdong. ( read original story ...)

Posted on 16/12/2021

SenseTime plans Hong Kong IPO re-launch Monday, sources say

Chinese artificial intelligence startup SenseTime Group 0020.HK plans to keep its Hong Kong initial public offering (IPO) at $767 million as it considers re-launching the withdrawn deal as early as ... ( read original story ...)

Posted on 16/12/2021

HKMA: HK Banking System Has Ample Liquidity; HKD Exchange Rate, Interest Rates Steady

After the US Fed FOMC meeting closed, the HKMA responded that as high inflation persisted and employment continued its solid growth in the US, the Fed announced further reducing asset purchases, and ... ( read original story ...)

Posted on 16/12/2021

Hong Kong’s jailed, exiled democrats lament Sunday election

For scores of Hong Kong democrats, this year's legislative elections were supposed to be a landmark moment for the movement in the face of what they saw as increasing encroachment on Hong Kong's way ... ( read original story ...)

Posted on 16/12/2021

Hong Kong stocks fall as US blacklist concerns outweigh Wall St gains

Hong Kong stocks opened lower on Thursday and Chinese stocks were flat despite gains on Wall Street overnight as investors worried that Washington might blacklist more Chinese companies. Hong Kong’s ... ( read original story ...)

Posted on 16/12/2021

Hong Kong’s Tybourne to Shut $2.8 Billion Hedge Fund

Tybourne Capital Management is shutting its $2.8 billion hedge fund, retreating from bearish bets that have become increasingly difficult to make money from, said people with knowledge of the ... ( read original story ...)

Posted on 16/12/2021

Hong Kong Stock Market Overdue For Support On Thursday

The Hong Kong stock market has finished lower in four straight sessions, dropping more than 840 points or 3.6 percent along the way. ( read original story ...)

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