City leader John Lee has made winning the narrative war a key task of his administration, but experts say it is more than just a publicity exercise Changing perceptions of the city needs to be 'a ... ( read original story ...)
Hong Kong Exodus May Threaten City’s Global Financial Status
The city's population has now dropped from 7.41 million in mid-2021 to 7.29 million in mid-2022, according to the latest data from Census and Statistics Department. This exodus over the past year is ... ( read original story ...)
China Tourism Group Duty Free prices IPO at HK$158, raising US$2.1 billion in Hong Kong’s biggest deal this year
The world’s largest travel retailer by sales prices its Hong Kong IPO at HK$158 per share or total proceeds of US$2.1 billion in the city’s biggest deal this year. ( read original story ...)
Hong Kong’s GigaCloud sees stock rocket over 200% in wake of $36M US IPO
Hong Kong-based e-commerce services provider GigaCloud Technology (GCT) saw its shares rocket over 200% Friday, the day after it held a $36M initial public offering ... ( read original story ...)
Geely Said to Weigh Hong Kong IPO for Ride-Hailing Firm Cao Cao
Chinese carmaker Zhejiang Geely Holding Group is considering an initial public offering in Hong Kong for its ride-hailing firm Cao Cao Mobility, according to people familiar with the matter. A ... ( read original story ...)
Chinese-Canadian tycoon jailed for 13 years after being abducted from Hong Kong
A Shanghai court sentenced Chinese-Canadian billionaire Xiao Jianhua on Friday to 13 years in prison after finding him guilty of bribery, illegal use of funds, and other financial crimes in a case ... ( read original story ...)
Hong Kong reopens COVID-19 isolation facility as cases spike
Hong Kong plans to reopen one of its largest COVID-19 isolation facilities amid climbing case numbers that stand at a four month-high. “We are very concerned,” said Hospital Authority Chief Manager of ... ( read original story ...)
China jails Canadian tycoon for 13 years for finance crimes
A Chinese-born Canadian tycoon who disappeared from Hong Kong in 2017 was sentenced Friday to 13 years in prison for a multibillion-dollar string of financial offenses and his company was fined $8.1 ... ( read original story ...)
Hong Kong Reopens Major Covid Site as Cases Hit Four-Month High
Hong Kong will reopen one of its biggest Covid-19 isolation facilities as case numbers hit the highest in more than four months, putting strain on the hospital system and sparking uncertainty around ... ( read original story ...)
Hong Kong seeks to raise plot ratios, building heights at Northern Metropolis projects to ease housing shortage
The Hong Kong government has applied to relax plot ratios and building height restrictions at 37 parcels of land by up to 30 per cent in northern Fanling and Kwu Tung, as part of its Northern ... ( read original story ...)
China Tourism Group Duty Free raises $2.1 bln in Hong Kong listing – sources
China Tourism Group Duty Free Corp is set to price its shares at HK$158 each to raise up to $2.07 billion in its Hong Kong listing, according to two sources with direct knowledge of the matter. ( read original story ...)
Hong Kong stocks finish with small gains
Hong Kong stocks ended the week slightly higher as late bargain-buying dragged them out of negative territory, though traders remain concerned about ... ( read original story ...)
Hong Kong Home Prices Could Fall 10% After HSBC and StanChart Hike Rates
Hong Kong’s home prices could fall as much as 10% in the second half after two major banks raised mortgage rates for new homebuyers to the highest since 2008, according to Bloomberg Intelligence.Most ... ( read original story ...)
Calvin Choi: Hong Kong’s Most Controversial Banker
Some may view him as an auditing pioneer and investment banking legend. Others call him a marketer lacking substance and a fraudster. Few will describe him as plain. finews.asia takes a look at the ... ( read original story ...)