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Month: September 2024

Posted on 05/09/2024

China’s Midea Group to launch at least $3 bln share offering in Hong Kong, sources say

Chinese home appliance maker Midea Group plans to launch a share offering in Hong Kong to raise at least $3 billion as early as Monday, said two sources, in the city's largest deal in more than a year ...

Posted on 05/09/2024

Hong Kong’s Biggest Developer Sees Third Year of Profit Drop

Sun Hung Kai Properties Ltd. saw profit drop 9%, extending its decline into a third year as Hong Kong’s real estate slump weighs on the city’s biggest developer.

Posted on 05/09/2024

Hong Kong’s Biggest Developer Sees Profit Fall 9% in Downturn

Sun Hung Kai Properties Ltd. posted lower profit for a third straight year as Hong Kong’s real estate slump weighed on the city’s biggest developer.

Posted on 05/09/2024

What’s the best Indian restaurant in Hong Kong? Here’s 5 contenders, from Chaat to Chutney

This new generation of trendsetting eateries prove Hong Kong is one of the best places to eat Indian food on the planet ...

Posted on 05/09/2024

What you need to know about Hong Kong’s transport disruptions when Super Typhoon Yagi hits

Hong Kong’s transport was disrupted as the Super Typhoon Yagi approached the city on Thursday, prompting flight cancellation and limited services on railways and buses. The Post lays out the latest ...

Posted on 05/09/2024

China’s Midea Group to raise US$3 billion in Hong Kong’s biggest IPO in 2 years

The world’s biggest home appliance maker is likely to start the book building process as early as Monday, according to a source.

Posted on 05/09/2024

China’s Midea Group to launch at least US$3 billion share offering in Hong Kong: sources

CHINESE home appliance maker Midea Group plans to launch a share offering in Hong Kong to raise at least US$3 billion as early as Sep 9, said two sources, in the city’s largest deal in more than a ...

Posted on 05/09/2024

HANG SENG BANK (00011.HK) Appoints Derek Ngai as Head of Audit, Effective From 7 Oct

HANG SENG BANK (00011.HK) announced the appointment of Derek Ngai as the Head of Audit, effective from 7 October 2024. It is understood that Ngai served as the Head of Audit for Hong Kong and Macau at ...

Posted on 05/09/2024

Hong Kong to offer more yuan products to support its internationalization: Financial Secretary

Hong Kong will create better environment for expanding yuan usage, offering more yuan products and risk management tools to enable international investors to use yuan for trade and investment, Hong ...

Posted on 05/09/2024

Hong Kong Warns of Flight Disruptions as Super Typhoon Nears

Hong Kong will issue its third-highest storm warning later Thursday as Super Typhoon Yagi skirts the city and tracks toward southern China, with coastal regions bracing for destructive winds and heavy ...

Posted on 05/09/2024

Australian business urged to use Hong Kong as gateway to mainland China

Hong Kong’s financial secretary, Paul Chan, has urged Australian companies doing business in China to consider listing on the Hong Kong Stock Exchange.

Posted on 05/09/2024

Bond investors eye Hong Kong as offshore RMB hub as China access grows

Greater liberalisation and new access schemes aim to help offshore investors tap China's vast bond market, plus give them tools to better manage risk and liquidity. How can fixed income portfolios ...

Posted on 05/09/2024

{Hot Stocks}CM BANK(03968) quoted at HK$30.2, down 3%

[ET Net News Agency, 5 September 2024] CM BANK (03968) fell 3% to HK$30.2. It hits an intra-day low of HK$30.2, hitting an 1-month low, and an intra-day high of HK$31.3. The total shares traded was ...

Posted on 05/09/2024

Midea Is Planning to Take Orders Next Week for $4 Billion Hong Kong Listing

Midea Group Co. is preparing to take investor orders as soon as next week for its share sale in Hong Kong, people familiar with the matter said, in what is set to be the biggest listing by a Chinese ...

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