Hong Kong’s stratospheric property prices are pushing some residents beyond the law. A small, but significant, number of younger people are living in industrial buildings, trading comfort and convenie... ( read original story ...)
Chinese bitcoin mining rig makers aim to raise billions in HK IPOs
It is not just the price of bitcoin that is causing worries. People close to the IPOs said regulatory scrutiny and a patchy performance by Hong Kong offerings this year were additional concerns. Julia... ( read original story ...)
Hong Kong activist group says two members were detained during China visit
A leading Hong Kong democracy activist has said two members of his political group were detained in mainland China, raising concerns that the separation between the police systems of Hong Kong and the ... ( read original story ...)
Chinese bitcoin mining rig makers aim to raise billions in Hong Kong IPOs: sources
Canaan and Ebang filed plans in May and June respectively for floats in Hong Kong, while Bitmain is expected to file its plans next month for an IPO in which it aims to raise at least $3 billion, sour... ( read original story ...)
Chinese bitcoin mining rig makers aim to raise billions in HK IPOs: sources
It is not just the price of bitcoin that is causing worries. People close to the IPOs said regulatory scrutiny and a patchy performance by Hong Kong offerings this year were additional concerns. Julia... ( read original story ...)
China’s Best-Performing Bank Stock May Have More Room to Rise
Postal Bank is China’s best-performing financial stock this year, and analysts surveyed by Bloomberg say its shares could rise an average 26 percent from the current HK$4.55. “The valuation of Postal ... ( read original story ...)
Fast Asia Open: China industrial profits, Hong Kong trade data
Raphael Bostic, president of the Atlanta Fed, told the Financial Times that he believed the US was ... futures tip Sydney’s S&P/ASX 200 index and Tokyo’s Topix to open flat, while Hong Kong’s Hang Sen... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) shares fell on Friday morning
Hong Kong shares fell on Friday morning as a broadly strong week drew to an end, with traders given a negative lead from Wall Street while US-China trade talks ended with no breakthrough. The Hang Sen... ( read original story ...)
Week In Review: 3 More China Biopharmas Planning Hong Kong IPOs
Mabpharm Limited, a Taizhou biotech, will IPO in Hong Kong, the eleventh pre-revenue China biopharma to be approved to list there. Mabpharm is developing a portfolio of nine biosimilars, which it hope... ( read original story ...)
Fraudsters used ‘thousands’ of Hong Kong bank accounts to launder HK$4 billion in one year
Thousands of Hong Kong bank accounts have been used to collect and launder about HK$4 billion (US$500 million) by local and international fraudsters in the past year, since the city’s anti-fraud squad ... ( read original story ...)
Cosmos Bank: Rs 13.5 cr transferred to Macau in malware attack, says probe
“There were two types of fraudulent transactions carried out: One where cloned debit cards were used to withdraw Rs 80.5 crore, and the other in which a SWIFT transfer of Rs 13.5 crore was made from t... ( read original story ...)
How the Hong Kong Jockey Club exaggerates its charity
But a Financial Times analysis shows the club exaggerates its ... The annual donations — defined by Hong Kong law as payments made, not just pledged — were just HK$2bn, according to the annual report ... ( read original story ...)
BRIEF-BOC Hong Kong Says Liu Qiang Appointed As Non-Executive Director
Aug 24 (Reuters) - BOC Hong Kong Holdings Ltd: * LIU QIANG APPOINTED AS NON-EXECUTIVE DIRECTOR * LIN JINGZHEN APPOINTED AS NON-EXECUTIVE DIRECTOR Source text for Eikon: Further company coverage: ( read original story ...)
Meituan wins approval for Hong Kong IPO
Meituan-Dianping, China's largest on-demand online service provider, won approval from Hong Kong stock exchange for its initial public offering (IPO), multiple reports said. The company's IPO roadshow ... ( read original story ...)