"It's time for a clean-up." DaoCloud, a Shanghai-based cloud computing start-up, had planned a STAR IPO this year, but is now considering a Hong Kong listing instead, deterred by the likelihood of ... ( read original story ...)
China’s Didi picks Goldman, Morgan Stanley for mega US IPO
HONG KONG: China’s top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its blockbuster IPO and plans to file confidentially for the New York float this month, two ... ( read original story ...)
Biden team eyes potential threat from China’s digital yuan plans
The People’s Bank of China has rolled out trial issuance of a digital yuan ... for International Settlements along with the United Arab Emirates, Thailand and Hong Kong’s monetary authority. The Biden ... ( read original story ...)
Asia Stocks Set for Steady Start on Growth Outlook: Markets Wrap
Asian stocks look poised for a steady start Monday after a third straight weekly Wall Street advance, with Federal Reserve Chair Jerome Powell flagging the prospect of stronger growth and hiring. The ... ( read original story ...)
Chinese Ride-Hail Startup Didi Prepping US IPO
The Softbank-backed startup has signed on with JPMorgan Chase & Co., Morgan ... Founded about a decade ago, Didi Chuxing had been considering Hong Kong for its IPO in 2020. Didi Chuxing dangled the ... ( read original story ...)
Coronavirus: contact-tracing ‘Leave Home Safe’ app records 3.8 million downloads – representing over half of Hong Kong’s population
Information and technology minister Alfred Sit says around 19,000 people have got tested for Covid-19 over past two months upon being alerted by the app. ( read original story ...)
Trail racing returns to Hong Kong after Covid-19 hiatus; ‘strange’ to be back on a start-line, say racers
The first race in over a year is a welcome break from virtual races as Hong Kong West 25km course records fall. ( read original story ...)
Hong Kong elections: ex-leader CY Leung says he’s undecided on whether to run for city chief executive
Leung, a vice-chairman of China’s top political advisory body, also says he has not been offered the new role as Election Committee convenor. ( read original story ...)
Myanmar crisis: leave or stay? Taiwan, Hong Kong expats among the foreigners counting the cost of doing business
. The 35-year-old first visited the country in 2013 as a volunteer and now owns an engineering service firm, but life in Yangon has become too difficult since the military deposed Aung San Suu Kyi ’s ... ( read original story ...)
Luxe dog beds, canine caviar, photo shoots – pet staycations at hotels in Hong Kong reach new heights
Not so long ago you would have been hard pushed to find any pet-friendly accommodation in Hong Kong. Now, a year into the age of Covid-19, with borders closed and no end in sight to restrictions on ... ( read original story ...)
Why Hong Kong trumps Shanghai and Shenzhen despite raising tax on stock trades
Hong Kong's IPO market will continue to benefit from the return of Chinese companies to their home market. Mainland China has two major stock exchanges - in Shanghai and Shenzhen - but they will not ... ( read original story ...)
Cardless ATM Withdrawal Services to be Offered in Hong Kong by Ping An OneConnect Bank and JETCO
Ping An OneConnect Bank (PAOB) recently revealed that it has teamed up with JETCO in order to provide cardless ATM withdrawal services. PAOB clients will now have the option to make cash withdrawals ... ( read original story ...)
Shenzhen property: how home prices in the Chinese tech hub compare to Hong Kong’s
Shenzhen’s economy has grown bigger than Hong Kong’s, and it is now home to several of China’s largest companies such as the US$700 billion games publisher Tencent Holdings, the 5G telecommunications ... ( read original story ...)
Hong Kong cabbies signing up with Uber earn more, but taxi council warns they risk breaking the law
groups, warned cabbies using two Uber platforms – Uber Taxi and Uber Flash – that they risked running afoul of the Road Traffic Ordinance. Council chairman Hung Wing-tat noted that both services ... ( read original story ...)