China's Giant Biogene has priced its shares at HK$24.30 each to raise $70 million in its Hong Kong initial public offering, according to two sources with direct knowledge of the matter. ( read original story ...)
HSBC takes Lloyds securitization banker
Needing to plug the gap, HSBC is understood to have hired James without using a recruitment firm. However, he is not a like for like replacement as Mansbridge was a director. Rather, it is part of ... ( read original story ...)
Hong Kong’s finance chief vows ‘to do his best’ and attend banking summit in person after contracting Covid-19, as event triggers political war of words
Government is gearing up to host Global Financial Leaders' Investment Summit next week Top advisers to city leader forced to defend the summit after two US lawmakers said attending makes American ... ( read original story ...)
Protecting Hong Kong protesters will bring disaster, Chinese embassy tells Britain
The Chinese embassy in Britain has issued a warning to the UK that protecting Hong Kong protesters will “bring disaster”. The intervention comes after a Hong Ko ... ( read original story ...)
Hong Kong stocks fall to new lows since 2009, Bank of Japan holds rates
Hong Kong stocks lead loses as shares in the Asia-Pacific fell following the Bank of Japan's interest rate decision. ( read original story ...)
Hong Kong gives priority to Tseun Kwan O Southern Extension
The Hong Kong government is to prioritise the extension of MTR’s Tseung Kwan O Line southwards to TKO Area 137 among major rail projects. ( read original story ...)
‘We wanted to bring a bit of LA to Hong Kong’: art show at K11 Musea, Hot Concrete, features the work of 30 Los Angeles-based artists
We wanted to bring a bit of LA to Hong Kong,’ says the co-organiser of show at K11 Musea, Hot Concrete, that features the work of 30 Los Angeles-based artists. ( read original story ...)
Coronavirus Hong Kong: top travel agency to shut down permanently as pandemic takes toll on profits, debt levels
Mother company of Hong Thai Travel Services announces agency will begin voluntary winding-up proceedings, citing 'plummeting profitability' and inability to settle debts Travel agency earlier said it ... ( read original story ...)
Hong Kong cardinal, others, return to court; defense presents case Oct. 31
Cardinal Joseph Zen and five other activists returned to court Oct. 26 to face charges of failing to register a legal fund meant to help those involved in anti-government protests. ( read original story ...)
HK IPO pipeline builds, despite investor reluctance to buy
Companies are adding to the growing pipeline of IPOs in Hong Kong, but they are set to face an uphill battle to get past the finish line amid lukewarm market sentiment and wary investors. One of China ... ( read original story ...)
Hong Kong’s FinTech Week faces off with Singapore event as cities jostle to be Asia’s financial innovation hub
The highlight of Hong Kong's fintech event next week is expected to be a relaxation of cryptocurrency rules for retail investors The event coincides with a similar one in Singapore, which is seen as ... ( read original story ...)
Hong Kong plans to legalize retail crypto trading to become hub
Hong Kong is pivoting toward a friendlier regulatory regime for cryptocurrencies with a plan to legalize retail trading, contrasting with the city’s skeptical stance of recent years and the ban in ... ( read original story ...)
US lawmakers urge bank chiefs to reconsider Hong Kong banking summit citing clampdown
US lawmakers on Thursday asked executives of major banks to reconsider attendance at a major conference next week in Hong Kong, saying their presence legitimises China’s clampdown in the city. Heads ... ( read original story ...)
Hong Kong stocks fall more than 3%; Bank of Japan keeps rates unchanged
Hong Kong stocks lead loses as shares in the Asia-Pacific fell following the Bank of Japan's interest rate decision. ( read original story ...)