Hong Kong's securities regulator has fined UBS HK$11.55 million for regulatory breaches. The Securities and Futures Commission or SFC's investigation found that between May 2004 and May 2018, UBS ... ( read original story ...)
Huawei to invest US$100 million in Asia Pacific startup ecosystem over 3 years
Huawei announced its plan to invest US$100 million in startup support at the inaugural HUAWEI CLOUD Spark Founders Summit, which took place simultaneously in Singapore and Hong Kong. Huawei said the ... ( read original story ...)
Coronavirus: business chambers back Hong Kong’s easing of entry rules as ‘first light at end of tunnel’
New requirements are compromise between needed checks and necessary travel, although some details are complicated, they say. ( read original story ...)
Tokyo Olympics: After the Hong Kong women’s table tennis team loses to Japan, coach suggests ‘horror movies’
In the women’s team semi-final at the Games, the city’s athletes lose three games in a row to Japan’s paddlers – who are all more highly ranked. Hong Kong team still has a shot at the bronze medal. ( read original story ...)
Deutsche Bank Set to Resume Sponsoring Hong Kong IPOs After Filling Staffing Gap
Two hires give the bank the personnel required to sponsor initial public offerings in the city, after a setback with the departure of two staffers. ( read original story ...)
Nasdaq-listed Chinese electric carmaker Li Auto to raise up to $1.93 billion from Hong Kong listing
Li Auto, which is listed on the Nasdaq, said it will offer 100 million class A ordinary shares to investors at a price of no more than 150 Hong Kong dollars. ( read original story ...)
US-listed Chinese NEV startups look to Hong Kong bourse
Within one month of Xpeng's debut in Hong Kong, Nasdaq-listed new energy vehicle startup Li Auto said on Tuesday that it is to issue 100 million shares at the Hong Kong Stock Exchange. Li Auto, which ... ( read original story ...)
Chinese EV maker Li Auto launches $1.9bn Hong Kong listing drive
Chinese electric vehicle maker Li Auto is seeking to raise $1.9 billion through a listing on the Hong Kong Stock Exchange that will give it greater security amid rising capital market tensions between ... ( read original story ...)
Huawei to invest $100 million in APAC startups
Huawei is set to invest $100 million (£71.8 million) in its Spark Program to provide support for 1,000 startups in the Asia Pacific region, as it aims to build a sustainable APAC startup ecosystem ... ( read original story ...)
Hong Kong Media Outlet, Broadcaster And Artist All Quit City
The announcement came the same day that veteran broadcaster Steve Vines and Kacey Wong, one of the city's best known political artists, also separately confirmed they had left Hong Kong because of ... ( read original story ...)
Hong Kong regulator fines UBS $1.5 mln for compliance breaches
Swiss bank UBS (UBSG.S) was fined HK$11.55 million ($1.5 million) by Hong Kong's securities regulator for failing to disclose its holdings in some companies covered in its research reports, the ... ( read original story ...)
Veteran journalist flees ‘white terror sweeping’ Hong Kong
Veteran Hong Kong broadcaster Steve Vines has fled the Chinese territory for the UK because of a “white terror sweeping” the city that was making journalism a high-risk occupation. He announced his ... ( read original story ...)
HSBC may be the most exposed bank if China imposes anti-sanction laws on Hong Kong
Ronald Wan of Partners Financial Holdings says financial institutions in Hong Kong generally will be in a "sensitive position" if China imposes anti-foreign sanctions law on Hong Kong. But, he says ... ( read original story ...)
Hong Kong Eases Entry for Vaccinated Residents, Tourists
Hong Kong will allow vaccinated tourists from all but 10 places in the world to enter the city starting on Aug. 9, a significant easing of some of the tightest border curbs in the world. ( read original story ...)