Within Asia, the richer and aging North East Asia (Japan, South Korea, China, Taiwan, Hong Kong SAR) are huge net savers, with net investment surpluses (including Singapore), amounting to $10.4 ...
Alibaba’s Cainiao Files for $1 Billion-Plus Hong Kong IPO
Cainiao Smart Logistics Network Ltd., the logistics arm of Alibaba Group Holding Ltd., has filed for its Hong Kong initial public offering, potentially making it among the first of the Chinese ...
Alibaba to spin-off logistics unit Cainiao in Hong Kong IPO
Alibaba (NYSE:BABA) is spinning off its logistics unit Cainiao Network Technology via an IPO on the the Main Board of the Hong Kong Stock Exchange. In a regulatory filing on Tuesday, the Chinese ...
Alibaba’s Cainiao files for US$1 billion IPO, helping Hong Kong to land the world’s second-biggest listing of 2023
The logistics company's plan to sell US$1 billion shares would be second only to the recent US$5 billion listing of SoftBank-owned chip maker Arm It would also be the city's first billion-dollar ...
Bumpy road ahead as Hong Kong strives to regain chips crown
On the fifth floor of an office building at the Hong Kong Science Park, along a hallway lined with other tech startups, is the headquarters of PDL Technology — a young semiconductor company in a city ...
UPDATE 1-China’s Tuhu Car shares unchanged from issue price in Hong Kong debut
Tuhu Car's shares opened unchanged from their HK$28 ($3.58) issue price as the Chinese car maintenance firm started trading on the Hong Kong Stock Exchange on Tuesday.
Law firm layoffs rise in Hong Kong as China business slows
HONG KONG -- Foreign law firms in China and Hong Kong are shedding staff at a rapid pace, with one company laying off at least 20 lawyers this year as China's economic downturn and geopolitical ...
Hong Kong JPEX cryptocurrency scandal: new disclosure of trading platforms eyeing licence will better inform investors, John Lee says
Chief executive warns however that the best bet for investors would still be already-approved platforms as proper measures for these are in place.
Hong Kong should cut stamp duty by more than half for residents buying additional home, city’s largest political party says
Hong Kong’s largest political party is urging the government to cut by more than half the stamp duty that residents must pay when buying an additional home, as a way to boost the sluggish ...
Middle-aged and elderly Hongkongers will start benefiting from chronic disease screening scheme at private clinics in mid-November
More than 200 family doctors have signed up to scheme to date, with authorities offering incentives to patients and medical professionals for treatment goals.
Hong Kong needs to roll out the welcome mat for Asean talent. Here’s how
To stay relevant and competitive, Hong Kong must not only look towards Southeast Asia but embrace it. To succeed, we must seek to add value to the 10 (soon 11) members of the Association of ...
More than 1,700 Hong Kong restaurants to cut prices to boost business around National Day holiday
More than 1,700 sign up for campaign, where prices on menus or specific dishes will be slashed by up to 30 per cent Industry figure predicts series of campaigns linked to government drive to bolster ...
Asian Games: Barriers broken in strong start for Hong Kong in Hangzhou
Hong Kong athletes already managed to get a few firsts for their city even before the end of the second day of the Asian Games in Hangzhou. They have stayed fifth on the overall medal table, an ...
Asian Games 2023: Hong Kong’s best laid plans almost go to waste in entertaining second clash with Uzbekistan
Hong Kong Kong manager Jorn Andersen had wanted to preserve his players ahead of Wednesday’s round of 16 match, but an early goal from Li Ngai-hoi changed the dynamic for both teams in Hangzhou.