Businesses that committed to the fund's first close are Sunwah Kingsway Capital Holdings Ltd. and Golin International Group Ltd. JUST IN: ðŸ‡ðŸ‡° Hong Kong fund led by Ben Ng aims to raise $100 million ...
HSBC takes centre stage in positioning Hong Kong as an international wealth hub for family offices
With 158 years of history in Hong Kong, HSBC is committed to providing support that helps customers and communities to thrive. It is part of the collaborative effort to develop Hong Kong as an ...
Sevens set for 46-year first as World Series returns to Hong Kong
The world-famous Hong Kong skyline provided the backdrop as captains of the 28 men’s and women’s teams gathered ahead of the Cathay/HSBC Hong Kong Sevens which kicks off on Friday, 31 March. The ...
Hong Kong stocks log best run since January on China manufacturing surprise as Alibaba, JD.com lead tech winners
Official data showed Chinese manufacturing expanded in March, beating market consensus; services index accelerated this month Upbeat sentiment around Alibaba Group's business reorganisation continues ...
China’s JD.com to spin off industrial, property units in $1 bn Hong Kong floats
(Reuters) -E-commerce firm JD.com Inc is planning to spin off its property and industrial units and list them on the Hong Kong stock exchange in deals worth $1 billion each, two people with direct ...
Masks off, beer poured at Hong Kong Rugby Sevens after COVID restrictions dropped
HONG KONG, March 31 (Reuters) - Hong Kong's popular Rugby Sevens tournament kicks off in the financial hub on Friday, with revellers partying for the first time in three years without COVID-19 rules, ...
4 hurt as vehicle mounts pavement, pins pedestrian against wall after 2-car collision in Hong Kong
Vehicles travelling in opposite directions along street collide as one makes turn, driver and two girls in one car hurt also.
Alibaba’s $20B logistics unit reportedly eyeing 2023 Hong Kong IPO
may be the first to hold an initial public offering as part of the Chinese tech conglomerate's plan to split up into six major business divisions. Alibaba has enlisted CICC and Citigroup to work on ...
China’s JD.com to spin off industrial, property units in Hong Kong float
Chinese e-commerce firm JD.com Inc said on Thursday it planned to spin off its property and industrial units and list them on the Hong Kong Stock Exchange.Upon completion of the proposed spin off of ...
HSBC launches digital Lombard lending service
HSBC has introduced a digital Lombard lending service for its high-net-worth and ultra-high-net-worth clients in Hong Kong to support their wealth management needs.
Asia markets trade mixed; ASX hits two-week high as banking fears ease
Asia-Pacific markets were trading mixed on Thursday, with Australia's benchmark index hitting a two week high as concerns on the recent banking turmoil in the U.S. and Europe ease. In Australia, the S ...
Alibaba’s $20 Billion Logistics Arm Gears Up for Hong Kong IPO
Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., has started preparations with banks for its Hong Kong initial public offering ... the first of the Chinese tech firm’s ...
Hong Kong police crack money-laundering syndicate suspected of processing HK$119 million in 2 months
Police arrest 11 suspects in operation on cross-border syndicate suspected of handling scam proceeds Scams took place in mainland China and included investment frauds, fake-official scams and ...
Stocks firmer as investors bet banking crisis is behind them
The Tokyo Stock Exchange (TSE) building is seen in Tokyo, Japan October 1, 2020. REUTERS/Issei Kato ...