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Posted on 24/11/2022

Fashion tycoon who dreamed of building China’s LVMH set to lose prime Hong Kong property worth US$64 million: sources

A receiver has appointed Savills to sell the entire 23rd floor of Bank of America Tower in Central and three parking spaces The property was bought in 2018 by a company controlled by Qiu Yafu and ...

Posted on 24/11/2022

Star-Backed MedSci Healthcare Takes New Stab at IPO

MedSci Healthcare has filed a second application for a Hong Kong IPO less than a month after its original application expired Tencent invested 300 million yuan in the company last year, raising its ...

Posted on 23/11/2022

Pang Pang Xiang aims for IPO, hoping for better result than MissFresh, Dingdong

The company hopes to reverse the fortune of other China-based food-delivery companies, including Missfresh and Dingdong Maicai, which have seen their valuations plummet after going public. It remains ...

Posted on 23/11/2022

KaiOS, the feature phone platform startup, raises a modest $3.4M to train its sights on growth in Africa

A convertible note from an impact investor out of Finland is giving the startup another crack at growth, this time in Africa.

Posted on 23/11/2022

Hong Kong virtual lender ZA Bank and UK’s Wise in online money transfer tie-up

ZA Bank, which is backed by ZhongAn Online P&C Insurance and Sinolink Group, is one of eight virtual banks launched in 2020. It had 600,000 users in Hong Kong as of end June. The city's virtual ...

Posted on 23/11/2022

UPDATE 1-China markets end higher on fresh property support, HK tracks Wall St gains

China stocks traded in a tight range and ended higher on Wednesday, helped by the latest round of property financing support policies, including the central bank's 200 billion loans.

Posted on 23/11/2022

U.S. audit team’s early departure from Hong Kong is a good sign, strategist says

Andy Maynard of China Renaissance says it’s nevertheless unlikely to affect the medium-term outlook for investors.

Posted on 23/11/2022

Hong Kong: Where will the next generation in maritime come from?

What should Hong Kong maritime be doing to ensure it gets its share of the brightest and the best? The third instalment in our recently published Hong Kong magazine. The war for talent is relentless.

Posted on 23/11/2022

China’s tech giants will have to keep on giving

Investors must be hoping that a looming fine for fintech player Ant and e-retailer JD.com’s decision to boost benefits for lower-paid workers at the expense of executives are one-offs. After all, the ...

Posted on 23/11/2022

HSBC aims to foster an inclusive HK with community festival

Together with The Hong Kong Council of Social Service, the district-based carnival will launch various activities that aim to promote well-being and sustainability.

Posted on 23/11/2022

Hong Kong stocks track Wall St gains; China slides

Hong Kong stocks rose on Wednesday after a 5-day losing streak, as gains in U.S. stocks overnight helped the local market. China stocks slipped on surging COVID-19 cases.

Posted on 23/11/2022

Citi bolsters HK leadership with senior appointments

Within the three appointments, Ben Ngai rejoins the firm as managing director and Hong Kong head of investment banking.

Posted on 23/11/2022

Hong Kong Loses Top Ranking for Luxury Shopping to New York

Hong Kong no longer has the world’s most-expensive retail district after rents plummeted due to Covid curbs and restrictions on visitors.

Posted on 23/11/2022

Dtech IPO In Shenzhen Mints New China Billionaire Couple

Tuesday’s listing by Guangdong Dtech at the Shenzhen Stock Exchange has minted a new billionaire couple in China. Shares in the Dongguan-headquartered manufacturer climbed by 47.6% on their debut to ...

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