The Covid-19 pandemic poses serious challenges to people and businesses everywhere — the insurance industry being no exception. In the first half of the year, insurers in Hong Kong did not enjoy the ... ( read original story ...)
Coronavirus: Hong Kong Tourism Board boss says city’s return to leisure travel should start with Shenzhen
Shenzhen should be first in line for re-establishing tourism links with Hong Kong, followed by Guangzhou and other parts of Greater Bay Area, official says. ( read original story ...)
Swedish Technology Company Cuts Business Ties With Hong Kong
A Swedish firm that supplies law enforcement and government agencies with technology to extract data from mobile phones said it has pulled its business from Hong Kong. ( read original story ...)
Ant Group to raise $17.5 bln via Hong Kong IPO without cornerstone investors -sources
China's Ant Group plans to raise about half of its $35 billion dual listing in Hong Kong and will not offer a cornerstone tranche as it bets on strong demand from institutional investors, sources said ... ( read original story ...)
Bank of East Asia to sell insurance business with Elliott backing
Hong Kong-based Bank of East Asia Ltd (BEA) said on Wednesday it had decided to initiate a sale of its insurance business and seek a strategic partner for its mainland China business following a ... ( read original story ...)
Richard Li’s FWD Plans Up to $3 Billion Hong Kong IPO
FWD Group Ltd., the Asian insurer backed by billionaire Richard Li, is planning a Hong Kong initial public offering that could raise as much as $3 billion, according to people familiar with the matter ... ( read original story ...)
Goodbye Pierre, hello … Aubrey. Izakaya at Mandarin Oriental Hong Kong to open in January on hotel’s top floor
An izakaya – in Japan a small, informal place serving alcoholic drinks and snacks – may appear an odd choice for a venerable five-star hotel in Hong Kong’s Central business district. All will be revea ... ( read original story ...)
For Xi Jinping, China’s Hong Kong Crackdown Has Come At A Cost
The diverse city that made its residents proudly label themselves as Hong Kongers and which also attracted so many foreigners has been changed enormously, with the worst yet to come. ( read original story ...)
Japan’s ruling LDP looks to draw companies from Hong Kong
TOKYO (BLOOMBERG) - Japan's ruling Liberal Democratic Party (LDP) is looking to submit a proposal to the Cabinet next week that would help lure firms and financial professionals looking to relocate ... ( read original story ...)
Bank of East Asia to sell insurance business in strategy overhaul
HONG KONG (Reuters) - Hong Kong-based Bank of East Asia Ltd (BEA) 0023.HK said on Wednesday it had decided to initiate a sale of its insurance business following the completion of a review of its ... ( read original story ...)
Hong Kong e-commerce leader offers itself as ally against Amazon
HKTV, which turned to e-commerce in 2015 after being denied a television broadcast license, has created a proprietary end-to-end online shopping business model from scratch in Hong Kong ... ( read original story ...)
Hong Kong’s BEA Presses Ahead With Life Insurance Sale
Its life and general insurance as well as its pension fund business in Hong Kong could be valued at more than $1 billion in total, people familiar with the matter said at the time. BEA Life Ltd., the ... ( read original story ...)
Hong Kong Stock Market Expected To Halt Slide On Wednesday
Disclaimer | Commerce Policy | Made In NYC | Stock quotes by finanzen.net (RTTNews) - The Hong Kong stock market has finished lower in consecutive trading days, plummeting more than 740 points or ... ( read original story ...)
Green Monday Holdings, the business arm of Hong Kong’s vegetarian advocacy group, raises $70 million from TPG, Swire Pacific
Holdings, a manufacturer of plant-based pork substitute products and frozen meals and an operator of a chain of vegetarian-focused retail outlets and cafes, said it has raised $70 million in financing ... ( read original story ...)