Hong Kong stocks retreated from a two-week high technology stocks ... suggests a lack of confidence in their business outlook, despite recent hopes for an end to Beijing’s trillion-dollar crackdown in ... ( read original story ...)
Hong Kong chief executive election 2022: anti-graft agency to deploy more than 80 officers to monitor leadership vote
Hong Kong’s anti-graft agency will deploy more than 80 officers to monitor the vote for the chief executive on Sunday and ensure the event goes smoothly. Simon Peh Yun-lu, head of the Independent ... ( read original story ...)
Chinese ride-hailing giant Didi says U.S. regulator is investigating its $4 billion IPO
In December, Didi said it would make plans to delist from the New York Stock Exchange and prepare for a listing in Hong Kong. Didi shares fell more than 5% in premarket trade on Wednesday. The company ... ( read original story ...)
Didi Global, China ride-hailing giant, reveals it faces an SEC probe about its NYSE IPO, on top of Beijing’s scrutiny and looming delisting
The Post reported earlier that Didi Global's search for an alternative stock-market home following its proposed exit from the NYSE has hit a snag, as its plan for an IPO in Hong Kong is on hold ... ( read original story ...)
Exclusive-HSBC and Ping An executives plan to discuss breakup proposal – source
HSBC's Hong Kong-listed shares rose 1.9% on Wednesday, building on Tuesday's gains of 2.6%, outpeforming again as markets warmed up to the idea of a break-up. HSBC shareholders have grappled with the ... ( read original story ...)
Hong Kong stocks fall as tech shares drag ahead of Fed rate decision
HONG KONG, May 4 (Reuters ... and the Hang Seng Tech Index dropped 3.1%, while the financial sector edged up 0.02% and the property sector climbed 0.33% ** The top gainer on the Hang Seng ... ( read original story ...)
Leading HSBC shareholder calls for bank’s break-up
In 2016, after a 10-month review, the bank rejected the option to re-focus its business to the main profit-generating hub of Hong Kong and decided to keep its headquarters in London. The bank is ... ( read original story ...)
Hong Kong Plots Different Covid Path to Xi’s Zero Tolerance
(Bloomberg) -- As Chinese cities such as Shanghai and Beijing stick ever more closely to Covid Zero principles, no matter the economic cost, Hong Kong is methodically moving toward opening up to the ... ( read original story ...)
Experts Anticipate Stricter Rule in Hong Kong Under Beijing’s Favored Candidate
Experts say Hong Kong’s only endorsed candidate for upcoming leadership elections is likely to take a harder-line approach on the city’s freedoms than outgoing Chief Executive Carrie Lam. John Lee, ... ( read original story ...)
Mainland China university student admits he tried to kill 4 women in Hong Kong in the hope of getting death sentence
A university student who was studying in mainland China has admitted that he tried to kill four women in Hong Kong more than two years ago in the hope of getting a death sentence after multiple failed ... ( read original story ...)
An Intimate History of Hong Kong
A man sits on a bollard in the Kowloon side of Victoria Harbour, with a view of the Hong Kong Island skyline in the background, 2021. Photo by ANTHONY WALLACE/AFP via Getty Images) For about a year, ... ( read original story ...)
Rudhrah Technovations: Hong Kong Based Company – I Have A Dream Limited, Expands Its Diipoo Brand by Adding Innovative Customized Products
Hong Kong, Hong Kong--(Newsfile Corp. - May 4, 2022) - Hong Kong based - I HAVE A DREAM LIMITED, has quickly acquired the title of an innovative company that offers an exclusive range of products that ... ( read original story ...)
Hong Kong leads losses as Asia-Pacific stocks decline; Alibaba and Tencent shares drop at least 3%
Hong Kong's Hang Seng index shed 1.12% as shares of Tencent and Alibaba both declined at least 3% each. Elsewhere, the Kospi in South Korea dipped 0.22% while the S&P/ASX 200 in Australia sat ... ( read original story ...)
SEC probes Didi Global over IPO
Its IPO was the largest China ADS listing in the US since Alibaba ... and in December last year said that it would delist from the NYSE, and potentially float in Hong Kong. The firm’s shareholders are ... ( read original story ...)