Category: FINANCE

The company plans to use the proceeds to grow its user base and user engagement to “enhance its content ecosystem, for research and development to enhance its user experience and monetisation ... ( read original story ...)

By P.R. Venkat Shenzhen-listed Asymchem Laboratories Tian Jin Co. is planning to raise as much as 7.55 billion Hong Kong dollars ($968 million) via a ... ( read original story ...)

The Hong Kong stock market has moved lower in consecutive trading days, plummeting almost 900 points or 3.6 percent along the way. The Hang Seng Index now rests just above the 23,850-point plateau ... ( read original story ...)

HSBC has been rolling out campaigns to promote its products and services and has launched new TVC and OOH ads to promote one of its credit cards, featuring actor Dayo Wong, singer Ronald Cheng and two ... ( read original story ...)

The District Court denied the defence’s request for a suspended jail sentence for retired superintendent Lung Siu-chuen, 55, noting he had committed an act of dishonesty out of greed. ( read original story ...)

Companies including JPMorgan Chase & Co. are stepping up to compensate employees ensnared by Hong Kong’s strict quarantine regime as businesses in the city struggle to retain and recruit staff almost ... ( read original story ...)

Johnny Lau, 35, pleaded guilty to three counts of theft and three of obtaining property by deception at the District Court. ( read original story ...)

Chinese messaging group Weibo, has filed papers for an initial public offering in Hong Kong amid continuing tensions with the US, the Bangkok Post reported, citing documents. The group, which has been ... ( read original story ...)

Music streaming company Cloud Village has bagged HK$3.26bn ($418.5m) by pricing its IPO around the mid-point of the marketed range. The listing, which is a spin-off by Chinese internet company NetEase ... ( read original story ...)

Hong Kong’s stock benchmark closed at the lowest level in more than a year on Monday, as the omicron Covid-19 strain fueled worries about the outlook of border reopening and economic growth. ( read original story ...)

Is The Hong Kong Monetary Authority (HKMA) ready for quicker tapering? Economists at ANZ Bank explain their view. “The Hong Kong Monetary Authority (HKMA) would increase the issuing of its Exchange ... ( read original story ...)

Weibo, the 'Twitter of China', kicks off its Hong Kong offering as it seeks to raise up to US$547.3 million NetEase's music streaming unit prices its Hong Kong IPO at midpoint of marketed range, ... ( read original story ...)

The PBOC has set the currency's daily reference rate at only mildly weaker-than-expected levels.. Read more at straitstimes.com. ( read original story ...)

Readers discuss political participation in Hong Kong, what the city can learn from Singapore about open banking development, and the downside of online shopping In his book, The Other Side of the ... ( read original story ...)