Coupang, South Korea's biggest e-commerce company, has pulled off the largest US initial public offering so far this year. ( read original story ...)
Baidu seeks up to US$3.6 billion in Hong Kong share sale as fundraising in city reaches a record in first two months of the year
The Hong Kong retail tranche kicked off on Friday and will last through next Wednesday. Listing on the main board is scheduled for March 23 and will trade under the stock code “9888”. Baidu’s deal ... ( read original story ...)
EXPLAINER: What’s behind Hong Kong election law changes
China’s ceremonial parliament this week approved a resolution to alter Hong Kong’s election law that many see as effectively ending the city’s already weakened local democracy ... ( read original story ...)
Hong Kong Outbreak Ensnares Expats With Hundreds in Quarantine
Concern spread among Hong Kong’s business and expatriate community as a coronavirus outbreak linked to a gym widened and hundreds of people were taken to government centers for lengthy stays in ... ( read original story ...)
Australia Criticises Hong Kong Electoral Changes
"It is essential that Hong Kong people have channels to exercise their fundamental freedom of political expression," Payne said in a statement. China's parliament on Thursday approved a draft decision ... ( read original story ...)
Hong Kong Stock Market Expected To Open In The Green On Friday
(RTTNews) - The Hong Kong stock market has finished higher in three straight sessions, advancing almost 850 points or 3 percent along the way. The Hang Seng Index now rests just above the 29,380-point ... ( read original story ...)
Hong Kong Regulator Warns of Price War Among City’s Accountants
Hong Kong’s regulator warned that a price war among the city’s accounting firms could impact quality of reports amid a boom in listed companies. ( read original story ...)
HSBC Bosses Try to Quell Banker Anger Over Cuts to Bonuses
HSBC Holdings Plc’s Chief Executive Officer Noel Quinn and his top lieutenants were forced to defend bonus cuts to unhappy investment bankers and traders after a year marked by hectic dealmaking and ... ( read original story ...)
China Legislature Endorses Reducing Public Vote in Hong Kong
China’s ceremonial legislature has endorsed the ruling Communist Party’s move to tighten control over Hong Kong by reducing the role of its public in picking the territory’s leaders. ( read original story ...)
You should quit Hong Kong’s top court now, UK judges are told
British judges on Hong Kong’s top court could withdraw in protest at Beijing’s latest crackdown, senior figures have warned.Lord Reed, president of the UK Supreme Court and one of ten British judges ... ( read original story ...)
Hong Kong braced for exodus after Beijing vote crackdown
Britain and Australia are among countries ready for an imminent influx of Hongkongers amid fears that Beijing will soon bar dissidents from leaving.China’s grip on the city tightened yesterday when ... ( read original story ...)
Facebook killed off its 3rd US-Hong Kong undersea internet cable project in 6 months, citing US political pressure
Facebook said it withdrew its proposal to the FCC due to concerns from the US government about communication links with Hong Kong. ( read original story ...)
China’s parliament remakes Hong Kong in its own image
"One Country, Two Systems", as the formula is known, is meant to allow Hong Kong to continue until at least 2047 with its free speech, its independent courts and its vibrant - if limited - democracy, ... ( read original story ...)
US lawmakers condemn Beijing over Hong Kong election law
US lawmakers have rebuked China for passing a law that dilutes the proportion of democratically elected lawmakers in Hong Kong, as the Biden administration prepares to hold a high-level meeting with ... ( read original story ...)