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Month: January 2024

Posted on 16/01/2024

Chinese EV-Charging Company Star Charge Aims for Hong Kong IPO in Late 2024

Star Charge, a Chinese maker of electric-vehicle charging stations, aims to go public in Hong Kong as early as the second half of 2024, according to people familiar with the matter.

Posted on 16/01/2024

Hong Kong stocks slip as China’s central bank dents rate-cut bets, Baidu sinks on AI chatbot and military controversy

China’s central bank kept its key policy lending rates unchanged, dashing hopes of a quick-fix policy stimulus. Baidu sank on report Chinese military labs were gauging its AI chatbot.

Posted on 16/01/2024

Hong Kong’s abandoned villages the ‘spooky’ subject of a new photo book and exhibition that document ‘what’s disappearing’ in the city

In his new photo book Abandoned Villages of Hong Kong, British urban explorer Stefan Irvine documents ‘eerie’ deserted buildings and furniture found inside them to preserve the memory of them.

Posted on 16/01/2024

Jimmy Lai trial: Hong Kong court dismisses mogul’s request to throw out prosecution witness’ ‘irrelevant’ evidence on foreign sanctions

Prosecution seeks to rely on professor Wang Guiguo’s testimony to show legal effects of various US pieces of legislation on city.

Posted on 16/01/2024

Hong Kong hiking experts say be mindful of body’s limits and don’t blindly rely on social media for trail tips

Hong Kong hiking experts urge those hitting the trails not to skip preparation and planning, after two mainland Chinese tourists drowned during seaside trek 'There are a lot of recommendations on ...

Posted on 16/01/2024

China Reaffirms Support For Offshore IPOs, But New Listings Likely To Remain Small

A top Chinese securities regulator said 86 companies have successfully registered to make IPOs in Hong Kong and the U.S. since the launch of a new registration system last March.

Posted on 16/01/2024

HSBC, Standard Chartered, Bank of China among lenders waiving fees for Hong Kong airport operator’s US$640 million retail bond

Banks such as HSBC are waiving off many types of charges, including subscription, safe custody and transaction fees Investors are shifting their attention to the high-quality bond offering from the ...

Posted on 16/01/2024

Hong Kong police investigate email scam following German pharmaceutical firm’s report it was swindled out of more than €3 million

German firm had been conducting business with supplier from mainland China via email and was allegedly tricked by criminals into making transfer In separate case involving European firm, Hong ...

Posted on 16/01/2024

Hong Kong stocks sink on geopolitical woes

Hong Kong stocks sank at the opening on Tuesday following a negative performance in Europe, with confidence weighed by geopolitical worries, while ...

Posted on 16/01/2024

Hong Kong consumer watchdog finds 2 of 40 probiotic products in review contain substances not recommended for humans

Sixty per cent of reviewed products had no clear labelling about live bacteria they contained, while only 15 samples had all strains of probiotics clearly printed on packaging, watchdog reveals.

Posted on 16/01/2024

‘Meaningful to me’: Hong Kong singer-songwriter JNYBeatz on setting up the city’s first beatmaking school, and his musical journey

JNYBeatz has been busy writing and producing Cantopop hits, for himself and stars including Jay Fung and Michael "MC" Cheung He talks about his latest project, Vision Music, Hong Kong's first ...

Posted on 16/01/2024

Hong Kong Island office rents decline 2% in November

Wan Chai outperformed the other business districts. Towards the end of 2023, more tenants in Hong Kong are sitting on the sidelines amid mounting uncertainty in the business environment. According to ...

Posted on 16/01/2024

Hong Kong’s Biggest Landlord Isn’t So Rich

With land sales down to a trickle and much of its fiscal reserves tied up, the government needs to scrap its ambitious urban projects.

Posted on 16/01/2024

KPMG Expects HK IPO Proceeds to Rise to $100B in 2024, with 90 IPOs for Whole Yr

There were a total of 70 IPOs in Hong Kong in 2023, raising a total of approx. $46.3 billion, down 21% and 56% YoY, respectively, according to KPMG. At present, there are still abo... There were a ...

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