A unit of Chinese developer Longfor Group Holdings Ltd. got the green light for the largest Hong Kong listing in seven months in what would be a measure of investor confidence in the troubled sector. ( read original story ...)
WKCDA signs debut SLL
By opting for an SLL, WKCDA will receive a tiered discount rate on the margin through the life of the loan, if it achieves certain pre-agreed ESG targets. These targets include achieving green ... ( read original story ...)
Tencent-backed Zhihu’s Hong Kong IPO raises US$106 million for early investors
Each Hong Kong share represents two ADS ... to build up and expand our content ecosystem,” it said in the prospectus. Georgina Lee has been a financial journalist for more than 15 years, having worked ... ( read original story ...)
Hong Kong confirms it will ease curbs as number of COVID cases fall
Hong Kong confirmed on Thursday it will ease some of the world's most stringent COVID-19 restrictions, allowing beauty parlours, cinemas and gyms to reopen from April 21 as infections in the global ... ( read original story ...)
Beijing is still concerned about keeping Hong Kong as China’s offshore financial center: Professor
Ho-Fung Hung of Johns Hopkins University discusses what's on the horizon for Hong Kong politics. Got a confidential news ... Global Business and Financial News, Stock Quotes, and Market Data and ... ( read original story ...)
China Developer Sets Biggest Hong Kong IPO Since September
At that size, it would the largest IPO in the financial hub since Dongguan Rural Commercial Bank Co.’s $1.2 billion deal in September ... but that rebound has been fading in recent days. In Hong Kong, ... ( read original story ...)
China Won’t Let Hong Kong Cut Seven-Day Quarantine, Tien Says
Tien and the other politician agreed it was unlikely Hong Kong’s border with mainland China would open this year, with the latter saying the city should focus on its internation ... ( read original story ...)
Hong Kong chief executive election 2022: a look at the family behind leadership hopeful John Lee
Friends and former colleagues share memories of working with Lee, say he is a ‘responsible and respectable’ father and someone who puts his wife first. ( read original story ...)
Reforming HK for the better: Technology, connectivity and people
Building off our previous discussion, it is of our view that Hong Kong must leverage technology to connect – not just hardware and existing infrastructure, but also people and networks, that have ... ( read original story ...)
Coronavirus: Hong Kong’s fifth wave saw 82 per cent spike in consumer complaints related to online shopping in first quarter of year
The number of complaints related to internet shopping soared to 2,669 in the first three months of 2022, up from 1,463 in the same period last year The surge in issues with food-ordering platforms was ... ( read original story ...)
Zhihu on track for homecoming IPO
Chinese question-and-answer platform Zhihu launched Hong Kong’s first homecoming IPO of 2022 this week. At a size of up to HK$1.34bn ($170.9m), it will be one of the city’s la ... ( read original story ...)
HSBC is on a hiring spree as it courts Asia’s wealthy
HSBC Holdings PLC will hire rapidly in its Asian wealth business in 2022, building on last year’s brisk expansion, and remains open to growing in this area through deals, according to the executive ... ( read original story ...)
Hong Kong stocks struggle at 4-week low as Alibaba, Meituan suffer amid Shanghai lockdown, faster US inflation
Stocks in Hong Kong struggle to break out from a four-week low as rising Covid-19 cases in Shanghai dims hopes for a quick exit from lockdown. ( read original story ...)
Coronavirus: HSBC, Standard Chartered, Citi and Hang Seng Bank to reopen all branches as Hong Kong’s vaccination rate rises, Covid-19 cases ease
said they will reopen all branches on April 19 A Hang Seng bank spokeswoman said the lender had similar arrangements to HSBC, while a spokeswoman for Citi said all branches should be open again soon ... ( read original story ...)