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Posted on 19/09/2023

Sunac, Country Garden debt deals bring respite for China’s property sector

Chinese developers Sunac and Country Garden brought some relief to the crisis-hit property sector by forging debt deals with creditors, but the outlook remained clouded by uncertainty about a recovery ...

Posted on 19/09/2023

Tencent-Backed Tuhu Car Set to Price IPO at Bottom of Range at HK$28, Sources Say

By Dave Sebastian Tuhu Car, an automotive-services company backed by Chinese technology giant Tencent Holdings, is likely to price its initial ...

Posted on 19/09/2023

Hong Kong stocks slip to 4-week low as investors shun banks, developers before Fed, HKMA policy actions

Local stocks trade lower as investors shun banks and property developers before the Fed and HKMA deliver their policy decisions later this week. BYD and JD.com lead losses within their sectors.

Posted on 19/09/2023

Beijing demands Hong Kong consulates hand over local staff data

Beijing has told foreign consulates in Hong Kong to hand over personal details of all locally hired staff. Local media report that a letter from the city arm of China's Foreign Ministry asked for the data to be submitted by 18 October.

Posted on 19/09/2023

China asks consulates in Hong Kong to give details on local staff

China's foreign ministry in Hong Kong said it has asked consulates in the financial hub to provide job titles, home addresses and identification details of all locally employed staff, confirming a letter to consulates seen by Reuters.

Posted on 19/09/2023

UPDATE 1-China’s Tuhu Car to raise $146 mln in Hong Kong IPO -sources

Chinese car maintenance service startup Tuhu Car is set to raise HK$1.137 billion ($146 million) in its Hong Kong initial public offering by pricing its shares at HK$28 apiece, according to three ...

Posted on 19/09/2023

China’s Tuhu Car to raise US$146 million in Hong Kong IPO -sources

Chinese car maintenance service startup Tuhu Car is set to raise HKUS$1.137 billion (US$146 million) in its Hong Kong initial public offering by pricing its shares at HKUS$28 apiece, according to ...

Posted on 19/09/2023

China’s Tuhu Car to raise $145 mln in Hong Kong IPO -sources

Chinese car maintenance service startup Tuhu Car is set to raise HK$1.13 billion ($145 million) in its Hong Kong initial public offering by pricing its shares at HK$28 apiece, according to two sources ...

Posted on 19/09/2023

Beijing Asks Hong Kong Consulates to Submit Info on Local Staff

China has asked consulates in Hong Kong to submit information on locally hired employees, including their home addresses, a move giving Beijing stepped up oversight of the city.

Posted on 19/09/2023

Chinese AI Firm Fourth Paradigm Pioneers $280M Hong Kong IPO

Three Hong Kong firms are launching initial public offerings (IPOs) targeted to raise $280 million today, Monday,.

Posted on 19/09/2023

How Hong Kong became a fencing powerhouse and cheered up a city

Hong Kong is one of the smaller Asian Games teams by population, but when it comes to fencing the city is a regional heavyweight with ambitious medal hopes.

Posted on 19/09/2023

As Singapore’s soaraway rental boom cools, Hong Kong rents start to heat up

The contrast between two of Asia’s prime financial hubs underscores Hong Kong’s path to recovery from the pandemic as Singapore’s policy measures to tackle soaring property prices start to bite.

Posted on 19/09/2023

Hong Kong to Tighten Regulation of Cryptocurrencies After Arrests Linked to JPEX Trading Platform

Hong Kong’s leader has said the territory will tighten regulation of digital assets after police arrested six people following allegations of fraud at an unlicensed cryptocurrency exchange in the city ...

Posted on 19/09/2023

China’s Foreign Ministry Requests Consulates in Hong Kong to Give Data of Local Staff

HONG KONG (Reuters) - China's Foreign Ministry in Hong Kong has requested consulates in the financial hub to provide job titles, home addresses and identification details of all locally employed staff ...

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