The three sites in Kai Tak, Stanley and Kennedy Town will yield around 2,500 flats, but analysts expect developers to be conservative in their bids amid a slowdown in the housing market. ( read original story ...)
Hong Kong IPO activities increases in the third quarter, says KPMG
Geopolitical and economic uncertainties continue to weigh on global markets, with proceeds from initial public offerings (IPO) in the United States and Hong Kong dropping by 94% and 76% respectively ... ( read original story ...)
Leapmotor and Onewo shares tumble in Hong Kong debut
Hong Kong's two largest completed IPOs of 2022 worth a combined $1.5 billion closed deep in the red on their market debuts on Thursday, dampening prospects of a recovery in new share sales in the city ... ( read original story ...)
Clifford Chance, Pillsbury Lead on $807M Hong Kong IPO of Electric Vehicle Maker
Despite a recent spike in IPOs, capital market deal volumes have fallen sharply in Hong Kong this year. Clifford Chance, Grandway Law Offices, Pillsbury Winthrop Shaw Pittman and Han Kun Law Offices ... ( read original story ...)
Hong Kong IPOs flop as Leapmotor sinks 37 per cent in market debut and Onewo struggles below offer price
Zhejiang Leapmotor plunges 37 per cent while Onewo loses almost 5 per cent in morning trading Both IPOs were undersubscribed by local investors in a week when the Hang Seng Index hits an 11-year low, ... ( read original story ...)
CALB Prices $1.3 Billion Hong Kong IPO at Bottom of Marketed Range
The firm marketed about 265.8 million shares at HK$38 to HK$51 each. An external representative for CALB declined to comment. ( read original story ...)
Hong Kong legal sector must seize on unique strengths of ‘one country, two systems’ to seek more business in mainland China: justice minister
Secretary for Justice Paul Lam tells legal forum 'to make good use of Hong Kong's unique status under one country, two systems' Minister adds new law allowing local courts to enforce civil and ... ( read original story ...)
Former Hong Kong lawmaker sentenced to 3 1/2 years in jail
Former Hong Kong lawmaker and pro-democracy activist Ted Hui was sentenced to 3 1/2 years in jail for criminal contempt after he skipped bail and fled overseas, missing trial for cases against him. ( read original story ...)
Billionaire Li Ka-Shing’s CK Asset Sells Hong Kong Properties To Singapore Fund For $2.65 Billion
Hong Kong billionaire Li Ka-shing’s CK Asset Holdings, gave up its all and only issued shares in Aim Clever Holdings, an indirect wholly-owned subsidiary of the company that owns residential ... ( read original story ...)
Hong Kong wins over Wall Street CEOs after lifting strict Covid rules
Hong Kong has finally secured commitments from some of the world's biggest banks to participate in a long-awaited summit, as it seeks to reaffirm its status as a global financial hub. ( read original story ...)
Beijing’s property bandage fails to staunch blood
Another day, another Chinese property market selloff. This time, though, involves one of China’s healthier developers. Hong Kong-listed CIFI on Wednesday confirmed that it defaulted on an onshore ... ( read original story ...)
Hong Kong to Host Global Financial Leaders Amid Easing Covid Rules
By Justina Lee Global financial leaders from more than 100 banks, hedge funds, venture capital firms and other institutions will attend a summit in Hong ... ( read original story ...)
Wall Street chiefs stage return to Hong Kong after city scraps quarantine
Goldman Sachs chief executive David Solomon, Morgan Stanley’s James Gorman and Citigroup’s Jane Fraser will attend a financial forum in Hong Kong designed to restore the citys ... ( read original story ...)
Hong Kong pro-democracy figure Ted Hui sentenced to jail over 2019 protests
Former legislator, who fled to Australia last year, said earlier that any sentence would not harm his reputation or lobbying work ... ( read original story ...)