Chinese e-commerce giant Alibaba said on Tuesday that it would apply for a primary listing in Hong Kong. The company expects the listing to be ... ( read original story ...)
Rebound Predicted For Hong Kong Shares
The Hong Kong stock market has alternated between positive and negative finishes through the last six trading days since the end of the five-day losing streak in which it plummeted almost 1,450 points ... ( read original story ...)
Hong Kong Liquidity Shrinks 50% Since May Amid Currency Defense
A measure of Hong Kong’s interbank liquidity halved in the past two months, with analysts forecasting more cash drainage as the city’s de-facto central bank defends its currency.Most Read from ... ( read original story ...)
Decouple Hong Kong’s currency peg to the US dollar? ‘Absolutely not’, says finance chief Paul Chan
Peg is aligned with national strategy and fortifies city's standing as international financial centre, Chan tells Post in exclusive interview New administration is in discussions with Beijing on ... ( read original story ...)
Soaring construction costs may discourage Hong Kong’s developers from bidding aggressively for land
Higher costs driven by a surge in materials prices are likely to make property developers more restrained when bidding for land A government index showed building costs surged by 10.8 per cent last ... ( read original story ...)
Hong Kong’s finance chief warns annual economic growth forecast could be cut, admits ‘most critical constraint’ has been border closure and pledges government is doing …
Exports and investments remain sluggish despite rise in consumption, Financial Secretary Paul Chan says City's economy in second quarter not as strong as expected and Covid-19 situation has taken more ... ( read original story ...)
Binance CEO Sues Bloomberg’s Hong Kong Partner for Defamation
The U.S. court filings underscore the extent to which Binance closely protects its perception. It recounts a back-and-forth between legal teams that resulted in Modern Media scrub ... ( read original story ...)
Hong Kong to Reduce Hotel Quarantine, Report Says
Hong Kong could reduce hotel quarantines for arrivals in the next two weeks, according to local media. But, there will be conditions. Jenni Marks reports on Bloomberg Television. ( read original story ...)
IPO Update: GigaCloud Technology Readies $40 Million U.S. IPO
GigaCloud Technology has filed proposed terms for a $39.4 million U.S. IPO. The firm provides a range of ecommerce and related logistics services for businesses with large parcel goods. GCT has grown ... ( read original story ...)
Hong Kong-based TOP Financial stock falls for second day following corporate name change
Hong Kong-based TOP Financial Group (TOP), formerly known as Zhong Yang Financial, saw its shares slide for a second day in the wake of its corporate name change ... ( read original story ...)
Over a quarter of Asian Pacific ‘emerging giant’ startups tied to blockchain: Report
A new survey shows blockchain technology, although not necessarily crypto, is a dominant presence among smaller Asian Pacific startups. ( read original story ...)
Hong Kong beams traffic lights onto pavements to stop ‘smartphone zombies’
Pools of red light are designed to prevent pedestrians from walking into the road while their eyes are glued to their screens ... ( read original story ...)
‘They left everything and shifted to Hong Kong 20 yrs ago… opened a restaurant’: Kin of mother-daughter duo killed in accident in Outer Delhi
Jamna and Jyoti and another relative, Nisha (32), who were travelling from Himachal Pradesh to the capital, were killed after their i20 car rammed into a stationary cluster bus. The impact was such ... ( read original story ...)
Hong Kong lawmakers accuse education authorities of failure to boost patriotism in schools through more recognition of war memorial days
Memorial days designed to mark the struggle against Japanese invasion should be highlighted more to boost patriotism in schools, legislators say Education authorities told not enough done over the ... ( read original story ...)