Philippine meat company North Star Meat Merchants has decided to delay its Ps3.92bn ($74m) domestic IPO due to market volatility amid inflation concerns. One of the southeast Asian country’s largest ... ( read original story ...)
Hong Kong extends regulatory rules to NFT-based collective investment schemes, warning investors to be mindful of risks
NFTs that are fractionalised or structured in a way similar to securities or interests in a ‘collective investment scheme’ will have to obtain a licence from Hong Kong’s securities regulator. ( read original story ...)
Hong Kong leader defends police action to close off Victoria Park on June 4
Carrie Lam says politically sensitive date on anniversary of Tiananmen Square crackdown could spur activists to incite violence. ( read original story ...)
Foreigner in Hong Kong gets severe tummy pain after eating dumplings the wrong way
Made with glutinous rice (or sometimes other types of grains) and stuffed with all sorts of fillings ranging from pork and mushrooms to salted eggs and chestnuts, these dumplings are truly some of the ... ( read original story ...)
Hong Kong Resists New Virus Curbs Despite Talk of Xi Visit
Hong Kong won’t tighten Covid curbs before the city’s July 1 handover anniversary, Chief Executive Carrie Lam said, despite speculation President Xi Jinping will attend the celebrations.Most Read from ... ( read original story ...)
Hong Kong says NFTs on certain assets may class as regulated securities
Non-fungible tokens (NFTs) can be regulated if they represent similar characteristics to securities, particularly in the category of “collective investment schemes,” Hong Kong’s Securities and Futures ... ( read original story ...)
Hong Kong landlords and sellers should brace themselves for a more realistic property market in the near term
It now takes 18 minutes to get from Sha Tin to the city’s primary central business district ... For lack of a better word, Hong Kong has entered into a realistic property cycle. Despite rigid ... ( read original story ...)
Hong Kong Holds Off on New Virus Curbs Despite Talk of Xi Visit
Hong Kong won’t tighten Covid curbs before the city’s July 1 handover anniversary, Chief Executive Carrie Lam said, despite speculation President Xi Jinping will attend the celebrations.Most Read from ... ( read original story ...)
Coronavirus: too early to suggest arrival of sixth wave, Hong Kong leader Carrie Lam says amid rising number of cases
Chief executive tells reporters before Tuesday’s Exco meeting that she will be consulting pandemic advisers later to discuss further measures. ( read original story ...)
HSBC Buys back Over 3.07M Shrs in HK, London Ytd for $161M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.0768 million shares in London and Hong Kong yesterday (6th), involving a total of approximately HKD161 million. HSBC repurchased ... ( read original story ...)
Tencent-backed Chinese start-up G7 Connect and rival E6 Technology merge to create truck management services giant
The size of China's road freight market, the world's largest, was worth 6.2 trillion yuan (US$933.4 billion) in 2020, according to information provider Chyxx.com About 80 per cent of the country's ... ( read original story ...)
First Mover Asia: When It Comes to Crypto, Hong Kong Isn’t the World’s ‘Freest Economy’; Bitcoin Has a Late Fall
A memo by the city’s securities and futures regulator reminds investors of the risks of NFTs; altcoins surge and then drop. ( read original story ...)
Iconic Hong Kong landmark Jumbo Floating Restaurant is sinking — and no one may save it
In a statement released in late May, Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor declared that the government has no intention to invest in the tourist attraction, which has proven costly to ... ( read original story ...)
Hong Kong has always had expats who found the city incredibly boring
From Hong Kong’s mid-19th century urban beginnings, chronic boredom among long-term residents who felt trapped here was well-documented in diaries, letters and published memoirs. ( read original story ...)