(Reuters) -E-commerce firm JD.com Inc is planning to spin off its property and industrial units and list them on the Hong Kong stock exchange in deals worth $1 billion each, two people with direct ...
Masks off, beer poured at Hong Kong Rugby Sevens after COVID restrictions dropped
HONG KONG, March 31 (Reuters) - Hong Kong's popular Rugby Sevens tournament kicks off in the financial hub on Friday, with revellers partying for the first time in three years without COVID-19 rules, ...
4 hurt as vehicle mounts pavement, pins pedestrian against wall after 2-car collision in Hong Kong
Vehicles travelling in opposite directions along street collide as one makes turn, driver and two girls in one car hurt also.
Alibaba’s $20B logistics unit reportedly eyeing 2023 Hong Kong IPO
may be the first to hold an initial public offering as part of the Chinese tech conglomerate's plan to split up into six major business divisions. Alibaba has enlisted CICC and Citigroup to work on ...
China’s JD.com to spin off industrial, property units in Hong Kong float
Chinese e-commerce firm JD.com Inc said on Thursday it planned to spin off its property and industrial units and list them on the Hong Kong Stock Exchange.Upon completion of the proposed spin off of ...
HSBC launches digital Lombard lending service
HSBC has introduced a digital Lombard lending service for its high-net-worth and ultra-high-net-worth clients in Hong Kong to support their wealth management needs.
Asia markets trade mixed; ASX hits two-week high as banking fears ease
Asia-Pacific markets were trading mixed on Thursday, with Australia's benchmark index hitting a two week high as concerns on the recent banking turmoil in the U.S. and Europe ease. In Australia, the S ...
Alibaba’s $20 Billion Logistics Arm Gears Up for Hong Kong IPO
Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., has started preparations with banks for its Hong Kong initial public offering ... the first of the Chinese tech firm’s ...
Hong Kong police crack money-laundering syndicate suspected of processing HK$119 million in 2 months
Police arrest 11 suspects in operation on cross-border syndicate suspected of handling scam proceeds Scams took place in mainland China and included investment frauds, fake-official scams and ...
Stocks firmer as investors bet banking crisis is behind them
The Tokyo Stock Exchange (TSE) building is seen in Tokyo, Japan October 1, 2020. REUTERS/Issei Kato ...
Hong Kong Arrests Show No Letup in Beijing-Driven Crackdown on Dissent
HONG KONG—Elizabeth Tang flew home to visit her husband in Stanley Prison, where he is awaiting trial on national security charges. As the 65-year-old labor activist left the Hong Kong maximum ...
Chinese tycoon Chen Hongtian has Hong Kong property that includes Peak house seized by lenders
The 9,212 sq ft property at 15 Gough Hill Road was seized this month by receivers appointed by Bank of East Asia Opus Hong Kong apartment is taken over by receivers on behalf of Bank of Communications ...
Hong Kong’s ‘perfect’ liveability, low taxes are advantages as global finance hub: Paul Chan
Hong Kong's finance chief Paul Chan highlights city's advantages like low taxes, 'perfect' liveability, government-backed ecosystem for start-ups He also makes a strong pitch for the city boosting its ...
Hong Kong police seek HK$5.2 billion for new 5G system to handle ‘massive’ data gathered by frontline officers
The HK$5.2 billion will cover expenses across six financial years, including HK$1.28 billion for ... imposed export bans on defence equipment and dual-use technologies to Hong Kong, hours after ...