Didi Chuxing has begun discussions with investment bankers about an initial public offering in Hong Kong next year that could value the Chinese ride-hailing leader at $60 billion, Reuters reported, ... ( read original story ...)
Ant Nears Giant IPO After Green Light From Hong Kong’s Exchange – Jaweb
Hong Kong’s stock exchange gave Ant Group Co. a green light to proceed with its long-awaited initial public offering in the city, according to a person familiar with the matter, paving the way for ... ( read original story ...)
Istavridis Joins Sonoco Board of Directors
(GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the most diversified global packaging companies, today announced that Eleni Istavridis has been elected to its Board of Directors. In addition, the ... ( read original story ...)
Third of Japan Firms Still Considering Hong Kong Presence After Security Law
A third of Japanese firms with operations in Hong Kong are still mulling whether to exit, downsize or rethink their operations in the city, according to the latest survey by Japan External Trade ... ( read original story ...)
Despite politics and coronavirus, Hong Kong’s enduring love affair with real estate
Hong Kong is showing that its affinity for real estate has been unaffected by a year of anti-government protests and concerns over the coronavirus, with a large housing project launched this month ... ( read original story ...)
Ant Group set to get green light for massive Hong Kong listing
China’s securities regulator cleared the way for Ant Group Co. to proceed with its Hong Kong listing, one of several regulatory nods the financial ... ( read original story ...)
Ant Group gets Chinese nod for Hong Kong leg of $35 bln dual-listing -source
ANTG.HK has received approval from the Chinese securities regulator for the Hong Kong leg of its about $35 billion dual-listing, a person with knowledge of the matter said on Monday. The company plans ... ( read original story ...)
How insuring the poor in Hong Kong and elsewhere is becoming big business
Hong Kong's microinsurance market, in comparison, is nascent but no less ambitious. YAS Digital has created an app store as a marketplace for business-to-business and business-to-consumer insurers. ( read original story ...)
Pandemic, politics lead to closure of storied Hong Kong bar
Nearly 15 years ago, Grace Ma decided to name her bar Club 71, in commemoration of a July 1, 2003 rally where hundreds of thousands of Hong Kongers protested a proposed ... ( read original story ...)
China Market Update: Hong Kong Rebounds On Ant Group’s $280B Valuation To Close Out A Positive Return Week
Mainland and Hong Kong markets closed -2% in a broadly risk-off day Thursday as China released September inflation data. ( read original story ...)
Capturing Cross-Border Investment Opportunities in Hong Kong and the Greater Bay Area
Bloomberg hosted a webinar on cross-border investment opportunities in the Greater Bay Area, featuring a keynote by Edmond Lau, Senior Executive Director at the Hong Kong Monetary Authority, and a ... ( read original story ...)
Soft Start Likely For Hong Kong Stock Market
Ahead of Tuesday's unscheduled day off due to Typhoon Nangka, the Hong Kong stock market had ended the two-day slide in which it had fallen more than 120 points or 0.5 percent. The Hang Seng Index now ... ( read original story ...)
Hong Kong’s mid-sized developers seek to create markets in unlikely niches to survive city’s worst economic slump on record
Hotels and shopping centres are bearing the brunt of Hong Kong’s economic slump as the number of tourists in the city began to dwindle last year following the massive street protests that rocked Hong ... ( read original story ...)
Hong Kong life and business should weather the storm
Hong Kong is now more willing to embrace e-commerce, fintech, telemedicine, online meetings, tuition and working from home. A severe storm is no less a threat; we have the tools to ensure life and ... ( read original story ...)