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Month: September 2024

Posted on 09/09/2024

Letters from readers: Hong Kong needs show promoting inventions and startups, favourite foods and panda twins

This week, readers tell us why the city should have its own version of ‘Shark Tank’, the foods they love to eat and celebrate our new panda residents.

Posted on 09/09/2024

Chinese Appliance Giant Midea Seeks Up To $3.5B In Hong Kong Listing

Midea Group, the Chinese home appliance giant founded by billionaire He Xiangjian, is listing its shares in Hong Kong and hoping to raise up to HK$27 billion ($3.5 billion).

Posted on 09/09/2024

China’s Midea Moves Ahead With Hong Kong’s Likely Biggest Listing This Year

Chinese appliance maker Midea Group has started taking orders from investors for an initial public offering to raise up to US$3.46 billion in Hong Kong.

Posted on 09/09/2024

Hong Kong teacher accused of sexually assaulting 16-year-old girl

Social media post detailing the accusations sparked outrage, prompting the Education Bureau to pledge accountability.

Posted on 09/09/2024

Midea Starts Taking Investor Orders for Up to $3.5 Billion Hong Kong IPO

Midea Group Co. has started taking investor orders for an up to $3.5 billion share sale in Hong Kong, what is set to be the city’s biggest listing in more than three years. Most Read from BloombergWor ...

Posted on 09/09/2024

Home appliance giant Midea seeks to raise US$3.46 billion with Hong Kong IPO

Midea Group is seeking to raise up to US$3.46 billion with an IPO, which would be one of the city’s biggest new-share sales in about three years.

Posted on 09/09/2024

US warns of business risks in Hong Kong linked to nat. security laws, as city says claims ‘false, baseless’

Hong Kong has rebutted American claims about increasing business risks in the city after the US warned that all companies and individuals in the city are “are subject to the broad and vague provisions ...

Posted on 09/09/2024

China Renaissance Falls 72% as Trading Resumes in Hong Kong

China Renaissance Holdings Ltd.’s shares slid 72% after resuming trading in Hong Kong, about 17 months after its stock was suspended following the detention of its former Chairman Bao Fan.

Posted on 09/09/2024

Hong Kong is trying to lure travellers from elsewhere beyond the mainland. Who else is on its wishlist?

From religious sites, halal food to the MICE sector - the Hong Kong government is promoting all these and more as it looks to attract visitors beyond the mainland and bolster a pandemic-battered ...

Posted on 09/09/2024

China’s Midea Group launches $3.5 billion share offering in Hong Kong

By Scott Murdoch (Reuters) -Chinese home appliance maker Midea Group on Monday launched a share offering of about HK$26.97 billion ($3.46 billion) in Hong Kong, according to its filings, in the city's ...

Posted on 09/09/2024

US warning on Hong Kong won’t hurt city as firms favour ‘profits over politics’: observers

Updated advisory has warned of heightened risks for companies operating in Hong Kong, but limited impact expected on the ground.

Posted on 09/09/2024

Hong Kong racing season off to flying start, with best opening day since pandemic struck

Hong Kong’s horse racing season got off to a flying start on Sunday, drawing the largest opening-day crowd to the Sha Tin course since the pandemic struck with punters wagering HK$1.31 billion.

Posted on 08/09/2024

Opinion | To buy or not to buy in Hong Kong’s volatile property market?

I didn’t panic when my house was worth HK$5 million and I didn’t celebrate at HK$50 million. This concrete box is my home.

Posted on 08/09/2024

Hong Kong officials investigate alleged sexual assault by teacher on 16-year-old student

School has submitted report to government over alleged assault two years ago after accusations posted to social media.

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