China's strict COVID-19 regulations and travel restrictions are causing decreasing desire to visit the country as visitors are required to quarantine up to 21 days upon their arrival. China has been ... ( read original story ...)
China’s QingCi Games Seeks $153 Million in Hong Kong IPO
Alibaba and Tencent-backed mobile game developer QingCi Games Inc. is seeking as much as HK$1.19 billion ($153 million) in a Hong Kong initial public offering (IPO). The Xiamen-based company plans to ... ( read original story ...)
Scaled-back $767M SenseTime IPO launches in Hong Kong
SenseTime intends to dedicate the majority of the funds raised to further research and development on its biometrics and other computer vision technologies. ( read original story ...)
SenseTime Group says will make debut in Hong Kong on Dec 17
Chinese artificial intelligence company SenseTime Group said in a filing on Tuesday it will make its debut at the Hong Kong Stock Exchange on December 17. The company aims to raise up to HK$5.985 ... ( read original story ...)
Hong Kong: Strengthening HK as insurance hub
The Government is entirely committed to developing Hong Kong as a green finance hub. Our agenda, and results, bear that out. Just last month, we completed the successful offering of about US$3.75 ... ( read original story ...)
Fintech company in Hong Kong acquires traditional bank in Indonesia after raising $240m
A fintech company in Hong Kong has acquired a traditional bank in Indonesia after raising $240 million to expand its digital banking services ... ( read original story ...)
Hong Kong loses its shine amid tough virus measures
The bustling business hub and cosmopolitan city of Hong Kong could lose its shine among foreign companies and expatriates with its stringent quarantine restrictions. (Dec. 7) ... ( read original story ...)
AI Giant SenseTime’s USD769 Million Hong Kong IPO Gets Underway
SenseTime, China’s biggest artificial intelligence company, has started accepting subscriptions ahead of its HKD6 billion (USD769 million) initial public offering on the Hong Kong stock exchange on ... ( read original story ...)
AI unicorn SenseTime plans to raise $768 million in downsized Hong Kong IPO
China’s top AI firm SenseTime plans to raise HK$5.99 billion ($768 million) in its Hong Kong debut, down about 62% from a reported $2 billion goal. The company is selling 1.5 billion shares between ... ( read original story ...)
Alibaba jumps most since Hong Kong Listing as China tech rebounds
Alibaba Group Holding Ltd. soared by the most since its 2019 listing in Hong Kong, leading a rebound in Chinese tech stocks, as bargain hunters piled in amid improved sentiment following Beijing’s ... ( read original story ...)
Online Finance Startup WeLab to Take Control of Indonesian Bank
Hong Kong online finance group WeLab Ltd. is to acquire control of a small Jakarta bank with an eye toward launching nationwide online banking in Indonesia. WeLab, which opened a virtual bank in Hong ... ( read original story ...)
Cosmopolitan business hub Hong Kong loses shine amid tough COVID-19 restrictions
The bustling, cosmopolitan business hub of Hong Kong may be losing its shine among foreign companies and expatriates with its stringent anti-pandemic rules ... ( read original story ...)
Chinese AI group SenseTime launches downsized Hong Kong IPO
Chinese artificial intelligence developer SenseTime Group aims to raise as much as $767 million as it opens its initial public offering in Hong Kong on Tuesday. ( read original story ...)
Salary report 2022 market outlook, Hong Kong – Banking and financial services
At four to eight months, securities firms are set to offer the highest bonus packages to their compliance professionals in Hong Kong. ( read original story ...)