Category: NEWS

HONG KONG (Reuters/IFR) - Chinese smartphone maker Xiaomi Corp has lined up $548 million from seven cornerstone investors including U.S. chipmaker Qualcomm Inc for its Hong Kong IPO of up to $6.1 billion, according to a term sheet seen by Reuters. ( read original story ...)

Any form of bid rigging is a serious breach of the competition law no matter the method or who is involved, Hong Kong’s antitrust tribunal heard on Wednesday in its first case since the ordinance was fully implemented in December 2015. The city’s ... ( read original story ...)

HONG KONG (Reuters/IFR) - Chinese smartphone maker Xiaomi Corp is planning to raise up to $6.1 billion from a Hong Kong IPO launching this week, people with knowledge of the matter said, in what will be one of the biggest tech floats globally of recent years. ( read original story ...)

HONG KONG, June 20, 2018 /PRNewswire/ -- Manulife Hong Kong has launched ManuDelight Annuity Plan, an innovative solution for young and middle-aged people who want guaranteed retirement income in the future but also flexibility and extra income protection ... ( read original story ...)

HONG KONG (Reuters) - Shares of China’s ZTE Corp rose as much as 18 percent in Hong Kong on Wednesday as the impact of a U.S. Senate bill that threatens to restore penalties on the company became clearer. In clarification announcements during the noon ... ( read original story ...)

The altruism poll, conducted by the University of Hong Kong, found that 83.5 per cent of respondents ... apps such as Facebook and WhatsApp play a pivotal role in sharing such news and events,” he said. “But people can also be deceived since ... ( read original story ...)

Yau said the bureau met with business chambers on Tuesday to explain the quantitative impact on Hong Kong arising from the trade war. On news of the worsening trade war, the Hong Kong stock market slumped to its lowest in four months with the benchmark ... ( read original story ...)

HONG KONG (Reuters) - Shares of China’s ZTE Corp rose as much as 18 percent in Hong Kong on Wednesday as the impact of a U.S. Senate bill that threatens to restore penalties on the company became clearer. In clarification announcements during the noon ... ( read original story ...)

There is “insufficient evidence” that universal screening could help fight breast cancer, the most common cancer for women in Hong Kong, a government working group of doctors has concluded. After analysing international and local studies, as well as ... ( read original story ...)

The new chairman of Hong Kong’s police watchdog on Tuesday pledged to be more proactive in reviewing the practices of the force, and said he would even take issues to the city’s leader when necessary. The promise by Anthony Francis Neoh comes as the ... ( read original story ...)

The much-delayed multibillion-dollar Hong Kong-Zhuhai-Macau bridge will accommodate up to 26 per cent less traffic in 2030 than previously estimated because of keen competition expected from another mainland bridge and China’s national railway ... ( read original story ...)

Hong Kong activists moved a statue of late Chinese pro-democracy icon Liu Xiaobo from outside a popular shopping centre on Tuesday after the building’s owner warned it would seek a court order for the group’s removal. The group called the management of ... ( read original story ...)

Hong Kong banking authorities on Tuesday promised to streamline application procedures for the movie industry to use fake banknotes in films, industry representatives said, after anger over the recent conviction of two prop men for possession of ... ( read original story ...)

Kevin Egan, one of Hong Kong’s top criminal barristers, died of cancer of the oesophagus on Sunday night, multiple legal sources have confirmed. He was 70. The Australian, who handled some of the most famous criminal cases in the city’s history ... ( read original story ...)