Jakarta-based J&T will sell some 300 million shares at HK$12 per share, according to a filing on the Hong Kong Exchanges and Clearing Based on that valuation, J&T will have a post-issue market ...
Hong Kong’s Property Market Crisis: A Symptom of a Greater Chinese Real Estate Woe
The bustling city of Hong Kong, a bastion of free-market capitalism, is now facing an unexpected adversary: a significant downturn in the property market. In October, 60% of recorded cases have shown ...
Hong Kong stocks slip as market braces for new US tech curbs on China while worsening Israel-Hamas war saps risk appetite
Stocks retreat further from a five-week high as investors brace for new US curbs on technology exports to China. China’s economy slowed last quarter, according to forecasts before a government report ...
Citi, HSBC Become 1st Banks to Use HKEX Synapse Platform
Citigroup and HSBC became the first banks to use HKEX Synapse platform, a new integrated settlement acceleration platform for Shanghai- and Shenzhen-Hong Kong Stock Connects. Citigroup securities ...
As Hong Kong’s currency peg turns 40, analysts are divided if it should be aligned with the Chinese yuan instead of the US dollar
The peg was established when there was a crisis of confidence and it has provided monetary stability to the city for 40 years, HKMA boss says Hong Kong should not change the peg in a hurry, but it is ...
Hong Kong teen’s rescue a reminder to care for our struggling youth
The openness of Matthew Tsang's parents about his mental health struggles can help us as a community to remember to pay attention to the issues affecting young people's well-being The sensationalised ...
Tencent-Backed Logistics Firm Plans to Raise Over $500M in Hong Kong IPO
By P.R. Venkat Tencent-backed J&T Global Express is the latest logistics-related company seeking to tap investors' appetite in Hong Kong with a 3.92 ...
UPDATE 1-Courier services startup J&T Express to raise $500 million in Hong Kong IPO
Indonesian courier services startup J&T Global Express said on Monday it planned to raise up to HK$3.92 billion ($500.97 million) in Hong Kong's second-largest initial public offering (IPO) in 2023.
Hong Kong’s retail space vacancy to stabilise as global brands boost local presence to reconnect with target consumers
Some retail and lifestyle stores are expanding their local presence to connect with their target customers in post-pandemic era, Cushman says Rentals for high-street shop space have risen in the past three quarters,
Pegula beats Yuan to claim Korea Open title. Fernandez wins Hong Kong Open
Jessica Pegula has beaten Yuan Yue 6-2, 6-3 in the final of the Korea Open for the fourth title of her career.
$1.5 Million in Suspected Cocaine Found in Hong Kong Traveler’s Wheelchair Could Land Him in Prison for Life
A man is facing a potential life sentence after customs officials at Hong Kong International Airport reported they seized about $1.5 million worth of suspected cocaine from his wheelchair on Saturday. The unidentified man, 51, arrived in Hong Kong from Sint Maarten via Paris, France, according to a statement from the government of Hong Kong.
J&T Global Express Eyes $500.97M in Hong Kong IPO Amid Challenges
In the bustling streets of Jakarta, a courier from J&T Global Express weaves through the dense traffic, his motorcycle laden with packages. These riders, a lifeline in the ever-expanding realm of ...
Courier services startup J&T Express to raise $500 million in Hong Kong IPO
Indonesian courier services startup J&T Global Express said on Monday it planned to raise up to HK$3.92 billion ($500.97 million) in its Hong Kong initial public offering.
KPMG Expects HK IPO Mkt to Remain Challenging in Short Term, HK to Return to Top 5 Global IPO Mkts by End-yr
Hong Kong is expected to return to the top 5 global IPO markets by the end of 2023, supported by around 110 listing applications so far, according to KPMG's Chinese Mainland an... Hong Kong is ...