Sunshine Insurance Group Co. is leaning toward pricing its Hong Kong initial public offering at the bottom of its marketed range, according to people familiar with the matter.
China’s Sunshine Insurance to raise US$863m in Hong Kong IPO, say sources
CHINA’S Sunshine Insurance Group plans to price its shares at HK$5.83 (S$1.01) each in its Hong Kong initial public offering to raise US$863 million, according to two sources with direct knowledge of ...
Hong Kong’s livi bank, FWD General Insurance launch home insurance plan
Those who avail of the plan can enjoy insurance coverage of up to HK$5m. Hong Kong virtual lender livi bank and FWD General Insurance have jointly launched Easy HomeCare, a home insurance plan. The ...
In Pictures: Hong Kong officials, courts, public observe 3 minutes of silence for late Chinese leader Jiang Zemin
Hong Kong lawmakers, courts and hospital staff observed three minutes of silence in memory of late Chinese leader Jiang Zemin on Tuesday morning, as Jiang’s memorial service took place in Beijing. The ...
Hongkong Land unveils ‘LANDMARK Xmasverse’ to enrich digitised customer experience
Debuting on 7 December, it features numerous digital accompaniments in addition to the magical extravaganza, including interactive digital games.
Hong Kong steering into a faster, safer lane
Hong Kong may be lagging behind due to the lack of a 'backbone force' for the industry, but it's packing a punch in the field. Experts say self-driving vehicles could hit the road in the SAR in the ...
Dawn of China biopharma innovation
Having invented the concept, it is odd that China should have been so behind in making medicine for so long. That has changed: the Chinese pharmaceutical market is now the second biggest in the world, ...
Don’t Bet Against the Hong Kong Dollar
Here we go again. The Hong Kong dollar is under attack from speculators. Like past attempts, this latest assault is based on a misunderstanding of Hong Kong’s political, economic and exchange ...
Hong Kong GDP falls 4.5% in third quarter as government expects over HK$100bn deficit, financial chief says
Hong Kong’s gross domestic product fell by 4.5 per cent in the third quarter after accounting for inflation, the city’s financial chief has said. The government is also expected to see a deficit of ...
Vigilant Hong Kong bank worker foils ‘guess-who-I-am’ phone scam, saving HK$200,000 in potential losses for victim
Scam victim, 85, had already lost HK$100,000 in earlier part of ruse, with suspect arrested after returning to collect extra money on second run Trickster pretended to be son of elderly couple, ...
DLA Piper Adds Second HK Banking Lawyer From Linklaters This Year
This is also the third partner-level hire for the firm’s Asia Finance, projects and restructuring practice in Hong Kong.
China ETFs fall despite surging stocks in Hong Kong after reports Chinese COVID restrictions are easing
Shares of exchange-traded funds that buy Chinese stocks slip in late afternoon trading Monday, falling after the Hang Seng index in Hong Kong rallied 4.5% ...
Hong Kong secondary schools hit by falling enrolments can raise quality through smaller class size, council chief says
Having classes of 25 to 27 students will be 'effective for group discussions and presentations' Council suggests attracting mainland Chinese students as trend of falling enrolments will persist Hong ...
How FTX used Hong Kong cash-for-crypto shop to turbocharge growth
Genesis Block helped Sam Bankman-Fried’s group access hard cash and onboard wealthy clients FTX founder Sam Bankman-Fried, with Alameda Research chief executive Caroline Ellison, and FTX co-founder ...