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Month: April 2022

Posted on 05/04/2022

How Covid left its mark on Hong Kong’s Chungking Mansions

The touts still loiter outside one of Hong Kong’s most iconic landmarks, but Covid — and the Hong Kong government’s tough preventative measures — has left its mark on Chungking Mansions along with the ... ( read original story ...)

Posted on 05/04/2022

Former HK financial chief John Tsang launches NFT project ‘Choi Yeah’

Former Hong Kong financial secretary John Tsang has plans to launch an NFT project as part of his effort to contribute to the city's startups. On 4 April, Tsang said on his Facebook that he, in ... ( read original story ...)

Posted on 05/04/2022

Asia’s IPO market bucks global slump thanks to megadeals

The Asia-Pacific market had 16% fewer IPOs during the quarter -- 188 companies -- but the proceeds rose 18% to $42.7 billion. ( read original story ...)

Posted on 05/04/2022

Asia-Pacific stocks set for opening gains; Reserve Bank of Australia rate decision ahead

Elsewhere, Australia stocks also appeared set for a higher start. The SPI futures contract sat at 7,528, against the S&P/ASX 200's last close at 7,513.70. The Reserve Bank of Aust ... ( read original story ...)

Posted on 05/04/2022

Hong Kong leader Carrie Lam to leave office in June

Hong Kong’s leader Carrie Lam announced Monday that she will step down in June, ending a divisive term that saw democracy protests squashed and strict pandemic curbs plunge the ... ( read original story ...)

Posted on 05/04/2022

U.S.-Bound China IPO Train Could Resume by Summer, Latest Signals Show

A few small IPOs are floating up in the headlines as we kick off the new week, signaling spring could finally be near for the stalled train of Chinese companies listing in the U.S. The latest filings ... ( read original story ...)

Posted on 05/04/2022

Hong Kong Internet Stocks Cheer Proposed CSRC Rule Change

China’s SEC, issued a “Notice on Public Solicitation of Comments on the “Provisions on Strengthening the Confidentiality and Archives Management Work Related to the Overseas Issuance and Listing of ... ( read original story ...)

Posted on 05/04/2022

Carrie Lam: a divisive leader in Hong Kong’s turbulent times

Tenure of woman who rose through ranks to become governor marked by controversies and scandals ... ( read original story ...)

Posted on 05/04/2022

Hong Kong Leader Carrie Lam Won’t Seek New Term After Rocky 5 Years

Her successor will be picked in May and the city's security chief during the 2019 protests is among the possible choices. ( read original story ...)

Posted on 05/04/2022

Carrie Lam, Racked by Covid Failures, Won’t Seek New Term in Hong Kong

The territory’s chief executive has been criticized by residents and pro-Beijing lawmakers for mixed messaging and mishandling the city’s fifth coronavirus outbreak. ( read original story ...)

Posted on 04/04/2022

Are Hong Kong tax incentives for family offices ‘too little, too late’? Some lawmakers think so

It maybe too late as Singapore has offered tax waivers since 2020, lawmaker for accountancy constituency says Financial services, liquid capital market connected to China make Hong Kong 'natural ... ( read original story ...)

Posted on 04/04/2022

IPO market off to a slow start in 2022 but is set to rebound, KPMG analysis finds

The Hong Kong IPO market has started quietly this year as geopolitical issues and economic uncertainties prevail globally amid supply chain bottlenecks and interest rate hikes. The escalation of the ... ( read original story ...)

Posted on 04/04/2022

Chinese tech stocks in Hong Kong jump as Hang Seng index rises 2%

Hong Kong's Hang Seng index led gains among the major Asia-Pacific markets on Monday as Chinese tech stocks in the city jumped. Markets in mainland China are closed on Monday and Tuesday this week for ... ( read original story ...)

Posted on 04/04/2022

Hong Kong Leader to Step Down With China Now Firmly in Control

Hong Kong Chief Executive Carrie Lam said she wouldn’t seek a second term, ending a tumultuous tenure that saw China cement control over the once-freewheeling financial hub. ( read original story ...)

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