Swire Pacific Ltd. became the second notable Hong Kong company to announce plans to offload assets in as many days as part of efforts to reduce debt in the face of rising borrowing costs.
Hong Kong-based biotech Insilico Medicine shifts IPO plan to city from New York
While Insilico has not announced an IPO timetable or amount, sources say the Hong Kong Science and Technology Park-based firm hopes to raise US$200 million.
Hong Kong to cut time between IPO pricing and trading of shares in a move likely to boost city’s appeal as listing destination
New digital interface set to launch in October will cut the settlement period from five business days to two, HKEX said on Wednesday Move will 'enhance market efficiency and strengthen the ...
Hong Kong stocks slip with SMIC pressured by potential US chip ban while JD.com tumbles after Daiwa slashes target price
Local stocks struggle for traction after a fleeting rally on Tuesday. Chip makers suffer as the US considers banning exports to China, while Daiwa slashes JD.com’s price-target by almost 20 per cent.
Hong Kong’s home prices fell 0.7 per cent in May, snapping 4-month rally amid fears of further interest rate increases
Prices of lived-in homes in Hong Kong fell for the first time since December, as buyers retreated to the sidelines amid worries over further interest rate increases and oversupply. The official ...
China’s Sichuan Kelun-Biotech opens books for $208 million Hong Kong IPO – term sheet
China's Sichuan Kelun-Biotech Pharmaceutical is looking to raise $208.6 million in a Hong Kong initial public offering, according to a term sheet seen by Reuters. The company is selling 22.44 million ...
Activist detained in Hong Kong begins final appeal for recognition of his overseas same-sex marriage
An activist detained in Hong Kong began his final appeal Wednesday seeking recognition for his same-sex marriage registered overseas, in a landmark case for the city's LGBTQ+ community. Jimmy Sham, a ...
Hong Kong exiles in UK say ‘living in fear’ of Beijing
When artists Lumli and Lumlong fled Hong Kong in 2021 they didn't tell a soul for fear of being reported and arrested before they could leave.It was after an exhibition in Hong Kong in May 2021 that ...
Hong Kong to promote diversified industrial development: financial chief
HONG KONG -- Paul Chan, financial secretary of China's Hong Kong Special Administrative Region (HKSAR) government, said on Tuesday that a new industry promotion office of the HKSAR government has ...
Hong Kong film-makers say censorship law spooks investors, actors
Two years after screening an internationally acclaimed documentary on the democracy movement in Hong Kong, director Kiwi Chow has been forced to complete a new movie with fresh financing after ...
Hong Kong leader John Lee has hit nearly every goal for his first year in office, but what do residents think of his performance?
Chief executive set nearly 200 KPIs for his administration when he delivered his maiden policy address in October Lee has met 66 of 68 goals he set for his first year in office, but observers ask how ...
How Hong Kong’s red, white and blue bags and striped fabrics are giving people recovering from mental illness a sense of pride and hope
Red, white and blue bags and striped tarpaulins and market stall canopies have long been a common sight in Hong Kong and hold a special place in people's hearts At workshops in Kowloon, people ...
Hong Kong theft cases jump by nearly 40 per cent in first 4 months of the year, with police linking surge to return to normality
Chief Inspector Choi Wing-yuk says Mong Kok is hotspot for thefts, pointing to 'high foot traffic' in area Police record 7,167 theft cases and 27,911 crimes in total between January and April Theft ...
With 3D reconstruction, Hong Kong socialite Abby Choi finally put to rest after gruesome murder
The graphic details of Hong Kong socialite Abby Choi's death on February 24, 2023, shocked not only Hong Kong but the entire world. We've put together a summary of the entire investigation as well as ...