ProDigital Future has finished its half-year fundraising period with about $30 million in its pockets, though it plans to total this sum up to $100 million by the end of 2023.
‘Companies are holding out’: Global IPO market slump endures
Ringo Choi, EY’s IPO leader for Asia Pacific — a region that saw a dip ... which could spur a revival, Choi noted. Hong Kong’s Chief Executive John Lee, for example, recently traveled to Saudi Arabia ...
Black Ferns Sevens and All Blacks Sevens set their sights on Hong Kong return
The All Blacks Sevens and Black Ferns Sevens teams return to the HSBC Hong Kong Sevens this weekend. After successfully qualifying for the 2024 Paris Olympics and securing their fourth successive ...
Chinese Tycoon’s $271 Million Mansion Seized in Hong Kong
A Chinese tycoon’s $271 million mansion in the luxurious Peak neighborhood of Hong Kong was taken away by a bank, just years after the businessman made headlines with his record-breaking shopping ...
Hong Kong stocks waver as Alibaba and Kuaishou extend rally while China Life slumps on earnings concerns
Alibaba climbs for a second day after a bullish market response to its proposed business reorganisation; Kuaishou surges as 2022 revenue beat consensus Losses in China Life, Baidu and Lenovo take the ...
Hong Kong’s reopening boosts optimism in wealth management
Amy Lo has just returned from a business trip to the Chinese commercial hub of Shenzhen and is full of optimism. The Hong Kong-based private banker has enjoyed her first outing to mainland China in three years, after tough Covid-19 restrictions left the ...
Hong Kong stocks waver as Alibaba and Kuaishou extends rally while China Life slumps on earnings concerns
Most Hong Kong stocks weakened as losses Baidu and China Life dragged the benchmark index down from a three-week high. Alibaba Group reached a five-week high, while Kuaishou Technology and PetroChina ...
HSBC HOLDINGS Drifts Lower by Almost 6% on Fear of High-risk Bond Exposure
HSBC HOLDINGS (00005.HK) drifted 5.9% lower to close the midday at $50.65, as risk aversion was fueled further by HSBC's high-risk bond exposure linked to Credit Suisse (CS.US)... Prior to this, ...
IPO funds raised globally may have plummeted 61 per cent in first quarter amid banking crisis, high inflation, EY says
"This has affected the number of IPOs in the first quarter. "Hong Kong, which is an international financial centre, was more affected by international events such as the banking turmoil in the United ...
Asia markets headed for mixed open with Hong Kong set to extend gains
This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets are set for a mixed open on Thursday with Hong Kong looking to extend its gains. The Hang Seng index futures are standing ...
Hong Kong start-up wins first Deignan Award
A seven-year-old Hong Kong start-up has won the first gold Deignan Award for Responsible Entrepreneurship. GoGoChart Technology has provided digital solutions to more than 2,000 in different sectors ...
Phillips Plans to ‘Shake Up the Sale Calendar’ With More Auctions in Hong Kong
This year’s Art Basel Hong Kong, the first to welcome international visitors without strict travel restrictions since the pandemic, also marked the much-anticipated opening of auction house Phillips’ ...
Hong Kong: the national security trial of Jimmy Lai, a symbol of press freedom, will begin in six months
On 25 September 2023, six months from now, British national Jimmy Lai, a symbol of press freedom in Hong Kong, will be tried under national security charges for which he faces a life sentence. Lai, ...
Hong Kong art market hits pre-pandemic highs despite curbs
As thousands of visitors streamed through a Hong Kong exhibition hall and deals were struck for works by Picasso and Yayoi Kusama, art collectors celebrated the Asian financial hub's return to its ...