Horizons Ventures, the VC firm founded by Hong Kong’s richest man Li Ka-Shing, has made a rare early-stage investment after it backed AI startup Fano Labs. Horizons has invested in the likes of Facebook, Razer, Slack, Improbable, Spotify and more, and ... ( read original story ...)
Hong Kong’s New York Blues
Despite a year of hot flotations that included firms backed by Tencent Holdings Ltd. and Alibaba Group Holding Ltd., Hong Kong is close to being overtaken by its U.S. competitor as the world's top IPO venue, a title it's held for two years. The package of ... ( read original story ...)
Hong Kong Listings Rule Changes Set to Transform Market, Li Says
Hong Kong Exchanges & Clearing Ltd.’s proposal to change which companies are eligible to list in the city will boost the pipeline of initial public offerings, according to Chief Executive Officer Charles Li. Technology and so-called new-economy companies ... ( read original story ...)
Hong Kong’s IPO Quirks Undermine Its New York Fightback: Gadfly
Hong Kong’s move to allow dual-class shares should attract a wave of listings by Chinese technology companies. It won’t be enough for the city to challenge New York as the global hub for new-economy fundraising. Despite a year of hot flotations that ... ( read original story ...)
Hong Kong Listings Rule Changes Set to Transform Market, Says Li
Hong Kong Exchanges & Clearing Ltd.’s proposal to change which companies are eligible to list in the city will boost the pipeline of initial public offerings, according to Chief Executive Officer Charles Li. Technology and so-called new-economy companies ... ( read original story ...)
Hong Kong bourse targets next Alibaba in IPO rules revamp
Alibaba headquarters in Hangzhou, China. Hong Kong’s stock exchange proposed to let “innovative” companies list in the Chinese enclave with dual-class share structures to avoid losing out on more initial public offerings by technology giants like ... ( read original story ...)
Hong Kong courts on dangerous ground in a battle over free speech
A Hong Kong court has issued its first ban on a short-seller from ... and loss done to it by the injunction because it was not allowed to engage in its business of making the larger investment community aware of false accounting by a listed company? ( read original story ...)
The only way is not up, says Hong Kong architect who thinks city should rethink its vertical growth
Hong Kong architect William Lim Ooi-lee is surrounded by skyscrapers in the city’s business district, Central – a few of them designed by him. But looking up, the 60-year-old says he believes that building vertically fast is not the best for the city ... ( read original story ...)
American ‘milkshake murderer’ who killed her husband seeks lesser sentence from Hong Kong prison
News.com.au reported. The original trial in 2005 received widespread media attention. Kissel has maintained she acted in self-defense after physical and sexual abuse by her husband. At Hong Kong’s High Court on Friday, Kissel’s legal team challenged a ... ( read original story ...)
Hong Kong Venture Buys Into London ‘Gotham City’ Tower
A group of four Hong Kong property companies including C C Land Holdings Ltd. has agreed to buy a majority stake in a skyscraper planned for the City of London financial district, two people with knowledge of the plan said. The investors will also fund the ... ( read original story ...)
Hong Kong ‘milkshake murderer’ fighting for lesser sentence
News.com.au reported. The original trial in 2005 received widespread media attention. Kissel has maintained she acted in self-defense after physical and sexual abuse by her husband. At Hong Kong’s High Court on Friday, Kissel’s legal team challenged a ... ( read original story ...)
Hong Kong Targets Next Alibaba in Revamp of IPO Rules
Hong Kong’s stock exchange proposed to let “innovative” companies list in the Chinese enclave with dual-class share structures to avoid losing out on more initial public offerings by technology giants like Alibaba Group Holding Ltd. Allowing shares ... ( read original story ...)
Hong Kong Loosens Rules to Attract Big IPOs
Hong Kong’s stock exchange said it would loosen the rules for company listings on the city’s market, a move that comes amid intense competition among global exchanges to be the chosen home for oil giant Saudi Arabian Oil Co.’s initial public offering. ( read original story ...)
Hong Kong to push ahead with controversial dual-class shares
Hong Kong is set to allow controversial dual-class shares under rule changes to be proposed by the city's stock exchange as it raises the stakes in its battle against New York for blockbuster Chinese initial public offerings (IPOs). Hong Kong Exchanges and ... ( read original story ...)