Promoters of SPACs play a key role in their success because these blank-cheque companies do not have any business operations or assets, says a banker Former HKMA boss Norman Chan and Olympic gold ... ( read original story ...)
Ferretti launches Hong Kong IPO to raise up to $301 million
Italian luxury yacht maker Ferretti S.p.A launched a Hong Kong initial public offering (IPO) on Monday to raise up to $301 million, showed a term sheet seen by Reuters. ( read original story ...)
Renewed Support Anticipated For Hong Kong Stock Market
The Hong Kong stock market on Friday snapped the two-day winning streak in which it had skyrocketed almost 3,100 points or 16 ... ( read original story ...)
Hong Kong’s COVID sports ban hits residents, young athletes
Competitive swimmer Jody Lee’s goal is to compete at the Paris Olympics in 2024, but with only two years left to qualify, Hong Kong’s months-long shutdown of swimming pools is making achieving his ... ( read original story ...)
Ferretti launches Hong Kong IPO to raise up to $301 million – term sheet
Italian luxury yacht maker Ferretti S.p.A launched a Hong Kong initial public offering (IPO) on Monday to raise up to $301 million, showed a term sheet seen by Reuters. The shares will be priced at ... ( read original story ...)
Hong Kong’s Hang Seng index surges 9%, best day since October 2008 as Tencent, Alibaba jump more than 23%
Hong Kong's Hang Seng index closed 9.08% higher on Wednesday but remains down more than 2% so far this week after seeing heavy losses on Monday and Tuesday. ( read original story ...)
Fossil Fuels, HSBC, and China
HSBC bank should not insult the rest of us while either investing directly or encouraging investment, in a state now operating on, fascist lines. ( read original story ...)
Coronavirus: Hong Kong’s finance chief warns economy will contract in first quarter amid fifth wave of infections
Paul Chan says economic growth depends on effectiveness of anti-epidemic efforts, and measures will soon be rolled out to help businesses. ( read original story ...)
Hong Kong plans to review COVID restrictions on Monday as cases ease
Hong Kong leader Carrie Lam said on Sunday she plans to review COVID-19 restrictions on Monday, just days after acknowledging that many people in the global financial hub were "losing patience" with ... ( read original story ...)
H.K. Finance Chief Says Monitoring Markets to Ensure Stability
Hong Kong authorities have been closely monitoring last week’s stock market volatility to ensure orderly operations and smooth settlements, according to Financial Secretary Paul Chan. ( read original story ...)
Hong Kong will review COVID-19 restrictions as cases decline
Hong Kong's leader said Sunday that the government would consider lifting strict social distancing measures as new COVID-19 infections in the city continued trending downward. ( read original story ...)
Hong Kong leader says plans to review COVID restrictions on Monday
Hong Kong leader Carrie Lam said on Sunday she expects to announce a review of COVID-19 restrictions on Monday, just days after she acknowledged that many financial institutions were "losing patience" ... ( read original story ...)
Hong Kong at the tipping point: ‘frank words’, dire warnings prompted city leader’s rethink of tough anti-Covid measures
The harsh numbers revealing people were leaving town in droves, particularly expatriates from the financial sector, finally convinced Hong Kong leader Carrie Lam Cheng Yuet-ngor to rethink the city’s ... ( read original story ...)
Climate Change: Hong Kong property firms are assessing risks and improving resilience, as extreme floods and storms loom on horizon
About a third of properties used as collateral for loans worth US$370 billion were located in areas vulnerable to flooding and rising sea levels, a stress test found last year It's literally 'adapt or ... ( read original story ...)