A source says the government plans to tighten restrictions on diners by requiring them to be vaccinated with at least one dose of a vaccine. ( read original story ...)
Factbox-U.S.-listed Chinese firms with secondary listings at home and Hong Kong
Ride-hailing giant Didi Global's move to withdraw from the New York stock exchange has put a spotlight on other U.S.-listed Chinese firms and whether more will jump ship to Hong Kong and elsewhere. ( read original story ...)
SenseTime launches HK$6bn IPO
SenseTime Group, an artificial intelligence software company, has opened its long-awaited Hong Kong IPO with pre-deal orders from state-owned cornerstone investors. IPO sponsors CICC, Haitong ... ( read original story ...)
UBS gives Hong Kong staff COVID quarantine cash -memo
UBS Group AG has offered its Hong Kong staff up to HK$2000 ($256.45) a day to help cover mandatory hotel quarantine costs as the city maintains some of the strictest COVID restrictions in the world. ( read original story ...)
SenseTime seeks up to $17bn valuation in Hong Kong IPO
SenseTime, the Chinese artificial intelligence company specialising in facial recognition software, is seeking a valuation of up to $17bn in an initial public offering, in what would be Hong Kong’s ... ( read original story ...)
Hong Kong’s New World to Build Homes for Sale at Half Price
New World Development Co. outlined plans to sell homes at half of their market price, helping address the city’s housing crisis that’s become a flashpoint for social grievances. ( read original story ...)
Ping An Co-CEO Sees Greater Bay Area Opportunity for Hong Kong with Three Challenges ahead
Hong Kong, as an international financial center, is positioned to play an important role in the building of the Greater Bay Area, says Jessica Tan, Co-CEO of Ping An Insurance Company of China, Ltd.. ( read original story ...)
Hong Kong warns WSJ of ‘incitement’ in editorial
Hong Kong's government has warned the Wall Street Journal it may have broken the law by publishing an editorial that said casting blank ballots was one of the "last ways" for residents to voice ... ( read original story ...)
SenseTime shrinks Hong Kong IPO size by 62 per cent to US$768 million, as Chinese tech sell-off undermines valuation
China's largest artificial intelligence company will kick off its global stock offering on Tuesday SenseTime will raise as much as US$768 million at top-end of the IPO price range, versus previously ... ( read original story ...)
Hong Kong’s Hang Seng drops 1% as tech shares fall; investors monitor bitcoin volatility
Stocks in Hong Kong dropped on Monday, while investors monitored bitcoin prices after they fell sharply over the weekend. Oil prices jumped during Asia trade. Hong Kong’s Hang Seng index fell 1.26%, ... ( read original story ...)
Omicron’s spread across hotel hall in Hong Kong highlights transmission worry
The Omicron variant spread between two fully vaccinated travellers across the hallway of a Hong Kong quarantine hotel, underscoring why the highly mutated coronavirus strain is unnerving health ... ( read original story ...)
From Skadden to Grab: Chris Betts Answers a Different Calling
Christopher Betts left Skadden, Arps, Slate, Meagher & Flom’s Hong Kong corporate practice earlier this year. He was one of their star partners. He joined Southeast Asia’s beacon start-up Grab ... ( read original story ...)
Didi delisted from New York Stock Exchange as China cracks down
The Chinese ride-hailing giant Didi Chuxing’s announcement that it will delist its shares from the New York Stock Exchange sounds the death knell for Chinese IPOs in America. ( read original story ...)
Wall Street romance with Chinese big tech comes to an end
The Chinese ride-hailing giant Didi Chuxing's announcement that it will delist its shares from the New York Stock Exchange marks the end of a cushy relationship between Wall Street and Chinese tech ... ( read original story ...)