Asian sponsors of blank-cheque firms are facing a tough market for initial public offerings (IPOs) wherever they turn, as a combination of increasing regulatory scrutiny and fading investor demand ... ( read original story ...)
Goldin Financial’s Kowloon HQ put back on the market for around US$1.27 billion as debt struggle continues
Market watchers put the property’s value at around HK$10 billion based on recent transactions of office space sold in the surrounding area. ( read original story ...)
Coronavirus: Hong Kong on track for 75 per cent of remaining 1 million eligible residents to get vaccinated with third dose
Hong Kong is on track to get most of its eligible residents vaccinated with a third Covid-19 jab by the end of the month, the minister leading the city’s inoculation drive has said. Secretary for the ... ( read original story ...)
Hong Kong stock market rebound stalls as Chinese tech shares from Meituan to NetEase lead declines
Hong Kong stocks dropped from a two-week high on Wednesday morning, as a rally powered by regulatory support and an improved outlook for China’s growth took a pause. ( read original story ...)
Turbulent times ahead for Hong Kong’s jet owners
Before the Covid-19 pandemic hit Hong Kong, at least 120-130 private jets would be parked outside a dedicated terminal at the city’s bustling international airport. But when Justin Yeung, strategy ... ( read original story ...)
Hong Kong government revamp: what is it and how does it affect incoming leader John Lee’s administration?
Chief Executive-elect John Lee’s plan follows largely that of outgoing leader Carrie Lam’s earlier proposal, but includes new deputy secretary for justice position. ( read original story ...)
Hong Kong co-working firms eye expansion as fifth wave subsides
Flexible workspaces represent a very small percentage of the total commercial space in Hong Kong, at less than 5 per cent, Ang said. But the numbers are growing. According to CBRE data, as of the ... ( read original story ...)
Hong Kong cops net HK$1 mil in Covid fines at triad party
HK has imposed strict social distancing rules as its hews to a lighter zero-Covid strategy. (AP pic) HONG KONG: A raid on a Hong Kong triad leader’s birthday party resulted in police issuing more than ... ( read original story ...)
Over 85% of elderly carers in Hong Kong showed signs of depression amid Covid-19, survey finds
More than 80 per cent of caregivers who look after the elderly in Hong Kong indicated signs of depression during the fifth and deadliest wave of Covid-19 in the city to date, a survey has found. Hong ... ( read original story ...)
Hong Kong co-living boom bets on more lonely years
Warburg Pincus is among those buying hotels in the Asian hub to convert into upscale shared digs for millennials. Given a 99% drop in visitors in the past three years and a belief that won’t reverse ... ( read original story ...)
Hong Kong’s Hang Seng index jumps 3%, leading gains as Asia-Pacific stocks rise
Shares in Asia-Pacific were higher on Tuesday. Hong Kong's Hang Seng index closed 3.27% higher on Tuesday as Chinese tech stocks surged. The Reserve Bank of Australia could further increase interest ... ( read original story ...)
Hong Kong government revamp to cost taxpayers extra HK$95 million a year, but incoming leader vows better results
Overhaul calls for new roles of deputy secretary for justice, deputy financial secretary and deputy chief secretary for administration Chief Executive-elect John Lee says he suggested three deputy ... ( read original story ...)
Clinics, car dealers snap up prime space as luxury brands bow out of Hong Kong’s slumping retail market
Human Health signed a six-year lease for HK$95 million to lease a 38,000-sq ft space at Star House in TST for one its 50 clinics in Hong Kong Maserati took up a 9,000-sq ft show room at the H&S ... ( read original story ...)
Coronavirus: Hong Kong indemnity fund for vaccine-related deaths, injuries must speed up claims process, critics say
Authorities take 10 months to grant HK$2 million in compensation to family of woman who died 16 days after first vaccine dose. ( read original story ...)