After several months of being pressured by the Chinese authorities, DiDi finally announces his decision to leave the US Stock Exchange ... ( read original story ...)
Democracy Activist Law Urges Hong Kong Voters to Ignore Dec. 19 Election
Hong Kong democracy activist Nathan Law called on voters in his home city to ignore a legislative election this month, the first under sweeping new rules imposed by Beijing, saying they should not ... ( read original story ...)
China Tourism Duty Free postpones Hong Kong listing amid sluggish capital market conditions
Suspension of the IPO by the world’s largest travel retailer deals a body blow to Hong Kong bourse amid sluggish market conditions. ( read original story ...)
Hong Kong audit regulator, professionals deny claims of non-cooperation made by SEC’s Gary Gensler
Financial Reporting Council says the city has always allowed the US's Public Company Accounting Oversight Board access to Hong Kong auditors and their working papers Response follows comments by ... ( read original story ...)
Former HKEX executive and consultant acquitted of corruption charges
A former Hong Kong stock exchange executive and a consultant were acquitted on Friday of corruption charges, dealing a blow to the financial regulator's attempt to crack down on white-collar ... ( read original story ...)
Cowed by Chinese regulators, Didi plans New York delisting and Hong Kong debut
Just five months after its debut, ride-hailing giant Didi Global said it plans to withdraw from the New York stock exchange and pursue a Hong Kong listing - a stunning volte-face as it bends to ... ( read original story ...)
Alibaba, Tencent and other Chinese techs slide in Hong Kong after Didi bows to pressure to delist in New York
Chinese techs in Hong Kong fell after ride-hailing giant Didi bowed to pressure to pull its US offering just months after its blockbuster IPO. ( read original story ...)
Hong Kong shares close higher on financials, property strength
Hong Kong shares finished higher on Thursday on the back of gains in the financials and property sectors, while a rebound in tech stocks on Wednesday failed to sustain. ( read original story ...)
Hong Kong court finds former bourse exec not guilty of graft
A Hong Kong court said on Friday that Eugene Yeoh, former co-head of IPO vetting at the financial hub's stock exchange operator, was not guilty of receiving bribes to look favourably on listing ... ( read original story ...)
Workers can’t afford Biden’s pro-China Ex-Im Bank nominee
The Export-Import Bank already has a troubling history of subsidizing China’s largest financial institutions. Unfortunately, President Joe Biden’s nominee to lead the Ex-Im Bank, Reta Jo Lewis, ... ( read original story ...)
Hong Kong police arrest schoolboy, 16, seize HK$14 million in liquid cocaine after swooping on industrial building flat
Officers raided the San Po Kong flat after finding crack cocaine on the teen outside the building, which police believe was being used to manufacture illegal narcotics. ( read original story ...)
Didi Global Plans to Delist from New York, Seek Listing in Hong Kong
It ran afoul of Chinese authorities by pushing ahead with its $4.4 billion U.S. IPO in July despite being asked to put ... New York stock exchange and start preparations for listing in Hong Kong," ... ( read original story ...)
Hong Kong IPOs shrink as investors favour rival markets
New stock listings in Hong Kong have slid this year, making it an exception across global markets as concerns persist over the outlook for China’s tech sector after Beijing slammed the brakes on ... ( read original story ...)
Didi to delist from US, float in Hong Kong
Chinese ride-hailing giant Didi Global will delist from the New York Stock Exchange and list on the Hong Kong bourse amid opposition from Mainland regulators to its US IPO. The company’s board of ... ( read original story ...)