Amended bid to take Amaya private now down to two backers

Amaya Inc.’s founder and former chief executive officer has filed an amended proposal to take the online gambling company private at $24 a share without two of the previous four named equity backers. In a filing with U.S. and Canadian securities ... ( read original story ...)

Shenzhen Connect Offers Chinese Stocks. Will the World Buy?

HONG KONG — Global investors in two weeks will get direct access for the first time to the stock market in the Chinese city of Shenzhen, giving them a chance to bet on a tech-heavy clutch of private companies on an exchange sometimes called China’s Nasdaq. ( read original story ...)

How to enjoy Hong Kong on a budget

Hong Kong’s skyline filled with endless skyscrapers may make ... current room views of construction sites and cranes will change in the future to a booming business district. As it is at the moment, the location means you will have to jump on the Metro ... ( read original story ...)

App lets Hong Kong homebuyers know if houses are haunted

HONG KONG — Ship Street is quintessentially Hong Kong ... After more than 30 years in the real-estate business, Lily Wong, a local agent, knows most Chinese clients are not interested in even looking at haunted apartments. “They wouldn’t rent, ... ( read original story ...)

Former Amaya CEO says Hong Kong investors to fund bid for firm

David Baazov, the former chief executive of online gaming company Amaya Inc, disclosed new details on Friday of funding for his proposed offer to buy the Canadian firm, saying two Hong Kong-based investors had committed $3.45-billion. In filings to the U.S ... ( read original story ...)

Hong Kong: Stocks open higher

[HONG KONG] Shares in Hong Kong edged up in early trade Friday, recovering the previous day's losses and tracking a rally across most other Asian markets. The Hang Seng Index rose 0.16 per cent, or 35.77 points, to 22,644.26. But the benchmark Shanghai ... ( read original story ...)

Hong Kong-Shenzhen stock market link to launch Dec 5

The start date was decided by Hong Kong's Securities and Futures Commission (SFC ... with insider trading and dramatic swings in share prices seemingly unconnected to underlying business prospects. The benchmark Shanghai Composite Index soared by 150 ... ( read original story ...)