All Kuaishou employees will be required to work an extra day every two weeks ahead of its IPO, according to people familiar with the matter. ( read original story ...)
Kuaishou asks staff to work extra days ahead of Hong Kong IPO
Kuaishou is under tremendous pressure ahead of an IPO as it struggles to compete with rivals such as Douyin and Bilibili in the online entertainment sector. ( read original story ...)
Hong Kong stocks mark 10-month closing high on recovery hopes
Hong Kong stocks climbed on Wednesday to a 10-month closing high, tracking gains in other Asian markets, as investors bet on a strong global economic recovery next year. ** At the close of trade, the ... ( read original story ...)
Eight Hong Kong police officers charged over false accusations, harassment of street sleepers
The six men and two women were arrested earlier this year after complaints they had bullied homeless and destroyed property at Tung Chau Street park. ( read original story ...)
China’s IPO market is set to keep booming in 2021, says investor
Noah Holdings' William Ma expects the demand for IPOs in China to remain high next year, following a "very exciting" 2020. ( read original story ...)
News for Hang Seng Bank
Moody's downgrades Hongkong and Shanghai Banking Corporation, Hang Seng Bank and DBS Bank (Hong Kong)'s long-term Counterparty Ris ... ( read original story ...)
Hong Kong Bourse Expected To Open Under Pressure On Wednesday
The Hong Kong stock market bounced higher again on Tuesday, one session after snapping the two-day winning streak in which it had advanced more than 260 points or 1 percent. The Hang Seng Index now ... ( read original story ...)
How ‘bad feng shui’ at Government House prompted Hong Kong’s first chief executive Tung Chee-hwa to abandon official residence
Decision prompted government to lease property next to Tung’s own second-floor flat in Grenville House for HK$120,000 a month to expand floor area, archives reveal. ( read original story ...)
Hong Kong takes a tentative step towards paperless home sales, with New World’s proptech platform for The Pavilia Farm
New World Development, one of Hong Kong’s largest developers, in October moved several steps of its sales process online: registration and balloting, viewing, contract drafting and mortgage ... ( read original story ...)
Breakingviews – HSBC breakup will turbocharge CEO’s Asian pivot
HSBC, Chief Executive Noel Quinn has the right idea, but he’s going about it too slowly. In 2021, a lagging share price may force him to turbocharge his pivot towards the more lucrative Asian business ... ( read original story ...)
Bargain Hunters Buy Alibaba And Hong Kong Growth Stocks On Weakness
The Hang Seng gained +0.96% led by growth stocks. There is chatter that Ant Group will form a financial holding company similar to banks. This may provide a solution to regulators’ concerns, as the ... ( read original story ...)
Hong Kong churches face Christmas under Beijing’s shadow
Hong Kong’s churches fear they are being swept up in the ongoing crackdown on the city’s freedoms by the Chinese Communist Party. Their concern has been heightened by the plight of Pastor Roy Chan, 39 ... ( read original story ...)
Hong Kong IPO
This morning, the Hong Kong stocks of Xiaomi Group opened higher by more than 3%, and the total market value once again exceeded HK$800 billion ... ( read original story ...)
Hong Kong shares end firmer as bargain hunters boost Alibaba after recent sell-off
HK daily quota used 3.8% * FTSE China A50 -0.4% BEIJING/SHANGHAI, Dec 29 (Reuters) - Hong Kong shares ended higher on Tuesday, as gains in shares of Alibaba Group Holding Ltd led a rebound in tech ... ( read original story ...)