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Category: BUSINESS

Posted on 19/09/2023

UPDATE 1-China’s Tuhu Car to raise $146 mln in Hong Kong IPO -sources

Chinese car maintenance service startup Tuhu Car is set to raise HK$1.137 billion ($146 million) in its Hong Kong initial public offering by pricing its shares at HK$28 apiece, according to three ...

Posted on 19/09/2023

China’s Tuhu Car to raise US$146 million in Hong Kong IPO -sources

Chinese car maintenance service startup Tuhu Car is set to raise HKUS$1.137 billion (US$146 million) in its Hong Kong initial public offering by pricing its shares at HKUS$28 apiece, according to ...

Posted on 19/09/2023

China’s Tuhu Car to raise $145 mln in Hong Kong IPO -sources

Chinese car maintenance service startup Tuhu Car is set to raise HK$1.13 billion ($145 million) in its Hong Kong initial public offering by pricing its shares at HK$28 apiece, according to two sources ...

Posted on 19/09/2023

Hong Kong Stocks Tick Higher At Start Of Business

Hong Kong stocks edged up in the opening minutes of Tuesday's trade, with investors biding their time ahead of the Federal Reserve's highly anticipated policy meeting later in the week.

Posted on 19/09/2023

Soft Start Predicted For Hong Kong Shares

The Hong Kong stock market on Monday ended the two-day winning streak in which it had gathered more than 170 points or 0.9 percent.

Posted on 19/09/2023

AI start-up Beijing Fourth Paradigm among 3 Chinese firms launching Hong Kong IPOs

The IPOs by Fourth Paradigm, cloud hospital platform Neusoft Xikang and mobile games operator ZX are aiming to raise as much as US$280 million in Hong Kong.

Posted on 19/09/2023

Hong Kong targets tourists with HK$100 dining vouchers to spice up nighttime economy in campaign costing HK$1 million

Tourism Board chairman Pang Yiu-kai says 1 million vouchers, to be distributed from November and covering over 500 establishments, will help reinvigorate nightlife.

Posted on 18/09/2023

TWF Urges Breaking Gender Zero-sum Thinking Promote Gender Equality to Sustain HK’s Competitiveness

As we move into the post-pandemic era, the world is facing new challenges and competition for talent across industries. To maintain its competitiveness, Hong Kong must prioritise and showcase its ...

Posted on 18/09/2023

272 companies expanded to Hong Kong as foreign capitals regain confidence in the city, secretary for commerce has said

The Hong Kong government has attracted 272 companies to develop business in Hong Kong this year, the city’s commerce secretary has said. Speaking on a Commercial Radio show on Saturday, Secretary for ...

Posted on 18/09/2023

Chinese AI firm Fourth Paradigm leads Hong Kong IPO surge to raise $280 million

SYDNEY (Reuters) - Three Chinese firms, led by AI software company Beijing Fourth Paradigm, are aiming to raise up to $280 million in Hong Kong initial public offerings launched on Monday. Beijing ...

Posted on 17/09/2023

Suicide numbers among young people in Hong Kong almost double in less than a decade to record high, study finds

The suicide rate for young people in Hong Kong has almost doubled in the past nine years and the less educated and unemployed face a higher risk, Coroner’s Court figures have shown. The Hong ...

Posted on 17/09/2023

How a Hong Kong student’s virtual business exposed sex assault cases at university camps

Instagram user, 21, runs platform claiming to take on any job, with the one-man-band founder doing assignments himself or hooking clients up with others who can.

Posted on 17/09/2023

Hong Kong Lesbian Couple Win Court Victory In IVF Case

A Hong Kong court has sided with a lesbian couple who argued that both women should have parental status over their child born via "reciprocal IVF", a ruling hailed as a win for the LGBTQ community.

Posted on 17/09/2023

Business leaders urge Hong Kong authorities to step up efforts to get people to spend locally after Shenzhen targets visitors from city, Macau

Shenzhen issue new document on measures to boost consumption, with a chapter dedicated to luring Hong Kong and Macau visitors to city.

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