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Posted on 21/04/2023

UPDATE 1-Chinese liquor company ZJLD set to price Hong Kong IPO near bottom of range – sources

By Scott Murdoch SYDNEY, April 20 (Reuters) - Chinese liquor company ZJLD Group is set to price its Hong Kong initial public offering (IPO) at HK$10.82 per share, two people with knowledge of the ...

Posted on 21/04/2023

Hong Kong Outperforms, EVs Clipped On Tesla Price Cuts

Asian equities were mixed overnight as Hong Kong shares outpaced Mainland shares except for the STAR Board, which continues to outperform.

Posted on 21/04/2023

Doctor drive in UK produces healthy number of recruits to bolster medicine in Hong Kong, health authority says

About 20 doctors and soon-to-graduate medical students trained in UK to start work in city in the autumn and ease staffing problems.

Posted on 20/04/2023

New ‘calculator’ tells you the size of property you can afford in over 65 countries

A new online calculator allows a person to find out what size property they could afford in different parts of the world. The Property Price Calculator has been created by Forex Suggest which shows ...

Posted on 20/04/2023

Cryptocurrency is property in Hong Kong, court rules for the first time, bolstering city’s efforts to promote industry

In a case involving now-defunct crypto exchange Gatecoin, a court ruled that cryptocurrencies are property that can form the subject of a trust The landmark ruling gives legal basis to what many ...

Posted on 20/04/2023

Hong Kong ECM sputters to life but issuers need reality check

Two of the largest deals to hit Hong Kong’s equity capital markets so far this year arrived this week amid signs of a turnaround in deal flow on the city’s stock exchange. But for a recovery in new ...

Posted on 20/04/2023

HSBC World Rugby Challenger Series: Hong Kong’s men make winning start in Stellenbosch, but women struggle

Wins over Papua New Guinea and Italy put Jevon Grove’s side in strong position after opening day in South Africa.

Posted on 20/04/2023

KKR-Backed ZJLD Is Said to Raise $675 Million in Hong Kong IPO

Chinese liquor company ZJLD Group Inc. raised HK$5.3 billion ($675 million) in Hong Kong’s largest initial public offering this year, after pricing shares near the bottom of a marketed range, ...

Posted on 20/04/2023

Hong Kong banking system’s total cash stable, no impact from US rate hikes: HKMA

VCG. The aggregate balance of Hong Kong's banking system remains stable, and US interest rate hikes won't affect Hong Kong's currency or its financial stabil ...

Posted on 20/04/2023

3 Hong Kong residents arrested for tricking victims out of credit card details to buy luxury goods online

Syndicate used stolen credit card details to buy goods online that were then sold for profit Officers seized Mercedes-Benz and Tesla limousines, Hermes handbags, cosmetic products and accessories ...

Posted on 20/04/2023

How HSBC’s charitable trust ensures Hong Kong’s better long-term future

Voluntary work at heart of philanthropy as bank staff Joyce Chong, Margaret Chan, Caroline Leung and Punit Mehrotra support city’s youth, elderly and underprivileged.

Posted on 20/04/2023

HSBC says split bank would result in ‘erosion of earnings’

The bank responded to the strong statement regarding a break-up plan by Ping An. HSBC's board has defended the bank's current strategy days after its largest investor Ping An Asset Management Company ...

Posted on 20/04/2023

China funds flock to Hong Kong to sate mainland investors

Large China-based fund managers are setting up shop in Hong Kong for the first time, seeking to fill Chinese investors' appetite for U.S. dollar-based products and international exposure after the ...

Posted on 20/04/2023

Hong Kong bishop hopes for closer ties with Beijing diocese

BEIJING (AP) — Hong Kong’s Roman Catholic bishop said in a historic trip to Beijing that he hopes the dioceses of the two cities will have more exchanges and cooperation, local media reported Thursday ...

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