Judge rules plaintiff’s ‘improbable, unimaginable and illogical’ assertions outweighed defendant’s self-contradictory account of events.
Midea IPO: China’s market regulator approves top appliance maker’s Hong Kong listing
The Foshan-based company proposes to issue up to 650.8 million ordinary shares on the Hong Kong stock exchange, according to the CSRC.
Retailing Pioneer Adds Reinvented MDL Wholesale To IPO Shopping List
Retailing giant Wumart has filed to list its MDL Wholesale business in Hong Kong after spinning off its retail operations as a separate company Despite boasting an A-list of pre-IPO investors like ...
Hong Kong must take proactive and determined approach to transform economy: Xia Baolong
Beijing’s top man on Hong Kong affairs outlines tasks for finance chief Paul Chan following the close of nation’s third plenum.
Hong Kong police arrest 5 over selling fake Sammi Cheng concert tickets
The fake tickets replicated various security features, including the paper quality, fonts, watermark, QR codes and holographic anti-counterfeiting labels,’ police say.
Gaw Capital’s auction of Hong Kong commercial tower has buyers interested
Wai Yip, which was acquired in 2013 for HK$930 million (US$119 million), could fetch as much as HK$1.45 billion, according to Vincorn Consulting’s estimates.
Hong Kong becomes major hub for shipping banned tech to Iran, Russia
Government doesn't seem to mind – and business is into it, claims report Hong Kong's government and local businesses undermine sanctions by deliberately facilitating the transfer of restricted and ...
Hong Kong stocks drift lower eyeing more China policy support; BYD falls as Buffett cuts stake
Hong Kong stocks watchful amid growing expectations of support after China’s central bank on Monday unexpectedly cut both the near-term policy rate and the loan prime rate.
HSBC, Manulife decline comment after report that wanted activists barred from accessing pension funds
Financial institutions HSBC and Manulife have declined to comment on a report that two overseas Hong Kong activists wanted under the security law, former lawmaker Ted Hui among them, were blocked from ...
BBMSL & PayMe by HSBC to enhance payment options in Hong Kong
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...
Warren Buffett’s Berkshire Hathaway cuts its stake in EV giant BYD to under 5%, dropping below Hong Kong’s disclosure threshold
BYD shares fell over 3% in Hong Kong trading on Tuesday, following the disclosure. Shares in the Chinese EV manufacturer are down almost 9% in the past 12 months. Buffett’s 2008 ...
Row over Liu Ma Kee’s use of imported bean curd exposes legal loophole: Hong Kong experts
Lawyer says food safety law and its enforcement was loose for some in-house manufactured food items in wake of Liu Ma Kee fermented tofu row.
Hong Kong police arrest minibus driver after collision in New Territories, 9 injured
A minibus driver in Hong Kong has been arrested after his vehicle collided with a street-sweeping truck in the New Territories, injuring nine people. Emergency personnel were called in on Tuesday after the collision occurred on Pak Wo Road in Fanling at around 1.44pm, according to police.
Hong Kong stocks drift eyeing more China policy support; BYD slips as Buffett cuts stake
Hong Kong stocks watchful amid growing expectations of support after China’s central bank on Monday unexpectedly cut both the near-term policy rate and the loan prime rate.