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Month: September 2023

Posted on 23/09/2023

Hong Kong graft-buster charges 23 in connection with alleged renovation scams involving contracts worth HK$520 million in biggest case of its kind

Independent Commission Against Corruption says the case involves bribes amounting to more than HK$6.5 million.

Posted on 23/09/2023

Hong Kong’s Bar Scene Is Hiding 2 New Speakeasies

There are a dozen internationally acclaimed cocktail bars to seek out in Hong Kong, but you may not have heard about these two speakeasies yet.

Posted on 23/09/2023

Immerse yourself in Hong Kong’s six most exciting museums and art galleries

From contemporary art at M+ to a immersive retail experience at K11 MUSEA, museum director Suhanya Raffel shares her six favourite spaces in Hong Kong. In Hong Kong, a city famed for its cultural ...

Posted on 23/09/2023

Asian Games 2023: Max Denmark ready to supply ‘X-factor’ as Hong Kong chase repeat rugby sevens gold

Hong Kong men’s sevens team aiming to strike gold in second successive Asian Games, with Max Denmark saying he and his teammates are ready to ‘put on a show’.

Posted on 23/09/2023

HK$1.3 billion JPEX scandal shows importance of regulating virtual assets, Hong Kong’s John Lee says, as defiant operator debuts new dividend plan

JPEX last year announced Cheung would serve as trading platform’s local ‘brand ambassador’, as part of wider promotional campaign.

Posted on 22/09/2023

Financial secretary Paul Chan meets Bank of England governor and other top figures in London, despite frosty Hong Kong-UK relations

Paul Chan and Bank of England governor discuss interest rates, inflation trends, global economic outlook and areas such as financial regulation in London.

Posted on 22/09/2023

Will Hong Kong or Singapore finance the Global South’s pressing needs if the rich North won’t?

Although these numbers are high, McKinsey’s study showed that funding for change ... Within Asia, the richer and ageing economies of Japan, South Korea, mainland China, Taiwan and Hong Kong are huge ...

Posted on 22/09/2023

Hong Kong JPEX scandal: users ‘forced to accept’ dividend plan offered by cryptocurrency platform at centre of alleged fraud case

It’s really dodgy,’ says one victim, who voted on scheme offered after police said claims involved in case had snowballed to HK$1.37 billion.

Posted on 22/09/2023

Leading Experts From NVIDIA, NASA, Gartner, Coinbase And DHL To Headline Tech Week Singapore In October

Leading experts from NVIDIA, NASA, Gartner, Coinbase and DHL to headline Tech Week Singapore in October - Key i ...

Posted on 22/09/2023

Hong Kong’s IPO environment toughest in over a decade, as rising interest rates, banking tumult, economic slowdown weigh: Deloitte

Hong Kong’s public fundraising environment is at its toughest in over a decade, as the global banking turbulence, high interest rates and slow recovery pace of mainland China’s economy bruised ...

Posted on 22/09/2023

Hong Kong Orders Removal of Illegal Structures From Luxury Homes

Hong Kong authorities have ordered owners of four houses at a luxury residential estate to remove unauthorized structures that were exposed by a landslide. Some residents of Redhill Peninsula in Hong Kong’s Tai Tam district were evacuated after record ...

Posted on 22/09/2023

Alibaba’s Cainiao plans to raise at least US$1 bil in Hong Kong IPO soon

Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., is planning to file for its Hong Kong initial public offering as soon as next week, according to people familiar with ...

Posted on 22/09/2023

UPDATE 1-China’s Neusoft Xikang becomes 3rd HK IPO this week to price shares at low end – source

SYDNEY, Sept 22 (Reuters) - China’s Neusoft Xikang will price its shares at HK$4.76 (61 U.S. cents) each to raise $81.5 million in an Hong Kong initial public offering (IPO), said a person with direct ...

Posted on 22/09/2023

Alibaba’s Cainiao Plans to Raise At Least $1 Billion in Hong Kong IPO Soon

Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., is planning to file for its Hong Kong initial public offering as soon as next week, according to people familiar with ...

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