Beijing Ubox Online Technology Corp, which posted over US$204 million in losses over the past two years, had been working for more than four years to list on the A-shares market, but withdrew its IPO ... ( read original story ...)
Border reopening and choice of new ministers at top of Beijing talks, incoming Hong Kong leader says
Incoming Hong Kong leader John Lee Ka-chiu returned home from Beijing on Tuesday with instructions to form a top team of like-minded officials to help him implement his policies as he embarks on a new ... ( read original story ...)
China stocks waver, Hong Kong shares slide from six-week high as Shanghai reopens after two-month lockdown
China’s main equity gauge fluctuated between gains and losses on Wednesday morning, as traders waited for more signs of a return to normalcy in the country’s biggest commercial city, after Shanghai ... ( read original story ...)
Should Hong Kong raise its minimum wage and review it annually to keep up with inflation?
Concern groups call on authorities to increase amount to match rising inflation and cost of living as wage was left unchanged at HK$37.50 in 2021. ( read original story ...)
Hong Kong Backpedals on Home Quarantine as Covid Variants Flare
Hong Kong is reviving one of its toughest Covid Zero measures, forcing mild virus cases and their close contacts into centralized quarantine to tame the spread of new omicron sub-variants. ( read original story ...)
Hong Kong Retail Sales Unexpectedly Rebound as Covid Curbs Ease
Hong Kong’s retail sales surprisingly rebounded in April, lifting the sector out of contraction after strict Covid curbs hammered consumer spending earlier this year. ( read original story ...)
Hong Kong reward for winning Asia Rugby Championship would be clash with Tonga side featuring Folau, Piutau and Fekitoa
If Hong Kong successfully defend their Asia Rugby Championship next month, a World Cup qualifier then awaits against a Tongan side likely to include former Wallaby Israel Folau and ex-All Blacks ... ( read original story ...)
The legends of Hong Kong’s Foreign Correspondents’ Club
At the end of the great spy novelist John Le Carre’s Hong Kong story The Honourable Schoolboy, a legendary 1970s character at the Foreign Correspondents’ Club has a furious argument over “a silly ... ( read original story ...)
HSBC plans US$448 million investment in Chinese business: Report
HSBC Holdings plans to invest more than 3 billion yuan (US$448 million) in its Chinese operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he sees challenges for the economy ... ( read original story ...)
HSBC to invest 3 bln yuan in Chinese business – Xinhua
HONG KONG, June 1 (Reuters) - HSBC Holdings (HSBA.L) plans to invest more than 3 billion yuan($448 million) in its China operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he ... ( read original story ...)
Hong Kong shares fall amid lingering worries about China’s economy
China's financial hub Shanghai sprung back to life on Wednesday after two months of bitter isolation under a ruthless COVID-19 lockdown. ( read original story ...)
24 Fintech Founders And Investors Make Forbes’ 30 Under 30 Asia 2022 List
Forbes has released its annual 30 Under 30 Asia list, recognizing 300 young entrepreneurs, leaders and trailblazers in Asia Pacific (APAC), all under the age of 30, across 10 different categories. ( read original story ...)
Baidu-backed EV firm WM Motor applies to list in Hong Kong, may raise US$1 billion
Baidu-backed Chinese electric vehicle start-up WM Motor Holdings has applied to raise funds in a new listing in Hong Kong, according to a stock exchange filing, becoming the latest such carmaker to ... ( read original story ...)
More woes for Hong Kong’s struggling Jumbo Floating Restaurant as 30-metre kitchen barge capsizes
A kitchen barge connected to Hong Kong’s famed Jumbo Floating Restaurant capsized on Wednesday morning – barely two days after the eatery’s operator announced it was set to leave the city because of a ... ( read original story ...)