SenseTime Group Ltd., China’s largest artificial intelligence company, is exploring a dual listing in Hong Kong and China as it closes in on $1.5 billion of pre-IPO financing, according to people ... ( read original story ...)
Could JD.com’s share price rise 650% on Q2 earnings?
JD.com’s [JD] share price has reached new heights this year. The Chinese e-commerce giant’s Nasdaq-listed stock hit an intraday high of $69.18 on the 9 July, closing at $67.36 — representing an ... ( read original story ...)
How U.S. Sanctions on Hong Kong Could Leave Banks Caught in the Middle
In the latest round of punitive measures that the U.S. government has imposed on Hong Kong, the Trump Administration announced on Aug. 7 that it would sanction 11 high-ranking Hong Kong officials, ... ( read original story ...)
Jimmy Lai says swift arrest points to ‘great disorder’ between Hong Kong and China police
Jimmy Lai has said he was surprised to be arrested so quickly, and suggested there was “great disorder” among Chinese and Hong Kong authorities about how to handle the territory’s national security ... ( read original story ...)
The Capital Note: Currency Clash
The dollar’s recent decline has led to predictions that the U.S. will lose its global currency hegemony. With Treasury yields at all-time lows and massive fiscal deficits increasing the risk of ... ( read original story ...)
Is Topshop’s Failure in China a Fast Fashion Problem?
COVID-19 has already hurt many brands, and now it’s British fashion label Topshop’s turn. Does its failure mean fast fashion is finished in China? ( read original story ...)
‘We Will Persevere’: A Newspaper Faces the Weight of Hong Kong’s Crackdown
Apple Daily, a pro-democracy paper known for celebrity gossip and hard-hitting investigations, has become a target in Beijing’s new national security law in Hong Kong. ( read original story ...)
Wealthy Hong Kong Investors Stay Put With Crisis Plans Ready
Withdrawals have been minimal since the law came into effect on June 30, in part because rich investors are still assessing how the Chinese government’s tighter grip on Hong Kon ... ( read original story ...)
Alibaba-backed Best to list delivery business in Hong Kong -sources
Alibaba-backed Best Inc is seeking a Hong Kong listing for its express delivery and freight delivery businesses, keen to boost its valuation and establish an investor base closer to China, said three ... ( read original story ...)
Hong Kong could get a new startup airline
A new aviation startup reckons there is room for one more airline in Hong Kong. Greater Bay Airlines applied for an air operator's certificate last month which is now being considered, Hong Kong's ... ( read original story ...)
An 1,100% Stock Gain Is Hong Kong’s New Protest Rallying Cry
They’ve occupied Hong Kong’s central business district, marched by the hundreds of thousands through the city’s streets and endured tear gas and pepper spray in pitched battles with riot police.Now Ho ... ( read original story ...)
Hong Kong’s Wealthy Investors Stay Put With Crisis Plans Ready
They’ve mapped out exit routes, opened offshore bank accounts and secured overseas passports.But for now at least, Hong Kong’s high-net-worth investors are mostly staying put, easing fears that the ... ( read original story ...)
Hong Kong reports 33 new coronavirus cases, in sharp decline from recent weeks
Hong Kong reported 33 new coronavirus cases on Tuesday, a sharp drop from figures registered since the start of July and as authorities extended social distancing rules, cautioning that the city had ... ( read original story ...)
Cyberport houses over 30 InsurTech start-ups with great potential
Creating business value through digital transformation Cyberport is a key organisation in fostering start-ups in Hong Kong. Currently, the community has more than 30 InsurTech firms that provide ... ( read original story ...)