A partner at McKinsey & Co. used inside information on Goldman Sachs Group Inc.’s impending acquisition of GreenSky Inc. to make more than $450,000, according to prosecutors.Most Read from ... ( read original story ...)
Asia’s most expensive apartment sold in Hong Kong’s Peak area
Wharf Holdings Ltd. and Nan Fung Development Ltd. sold an apartment at Mount Nicholson, one of the most iconic upscale projects in the city, for HK$140,800 per square foot, according to the companies. ( read original story ...)
Launch of the CIC Sustainable Finance Certification Scheme Marks Another Milestone in the Construction Industry
The Construction Industry Council (CIC) organised the Sustainable Finance Certification Scheme (the Scheme) Launching Ceremony on 5 November to celebrate the joint achievements of 18 forward-looking ... ( read original story ...)
Rivian’s IPO Delivers Near $9 Billion Fortune for Saudi Investor
A Saudi family that built its business on gasoline-fueled cars is sitting on an almost $8.9 billion fortune after electric truck maker Rivian Automative Inc.’s initial public offering.Most Read from ... ( read original story ...)
Ex-Banker Joins World’s Richest in Her Beauty Startup’s IPO
Falguni Nayar’s beauty startup has jolted her to the ranks of the world’s richest.Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesDo Prisons Deserve a Second ... ( read original story ...)
Some bond holders of Evergrande have not received payments on Asia end of business Wed – sources
HONG KONG, Nov 10 (Reuters) - Some bond holders of cash-strapped China Evergrande Group have not received coupon payments by the end of 30-day grace periods at close of Asia business on Wednesday ... ( read original story ...)
Hong Kong national security law: ex-Apple Daily publisher denied bail after prosecutors cite statements from US, UK as evidence of collusion
Statements from the two governments criticising the national security law and condemning Apple Daily’s closure were evidence of collusion, prosecutors argued. ( read original story ...)
Hong Kong stocks close up as property and tech shares boost
Hong Kong shares finished up on Wednesday, led by real estate firms and tech giants, as investors bought the dip after mainland developers dropped nearly 20% and bet policies to be eased in the sector ... ( read original story ...)
Hong Kong must ensure a smooth shift away from the Libor benchmark
At the end of 2021, there will be a fundamental shift in how the financial industry measures risk, as Libor is phased out. Nearly 10 years after a high-profile London interbank offered rate-fixing ... ( read original story ...)
The University of Hong Kong Offers Entrance Scholarships for International Students to Realise Dreams
Offering generous entrance scholarships that recognise students' remarkable achievements, the University of Hong Kong (HKU) empowers students from diverse backgrounds to pursue their dreams and ... ( read original story ...)
Billionaire Henry Cheng to take control of pay-TV operator i-Cable amid spotlight on Hong Kong media assets
Billionaire Henry Cheng Kar-shun is sinking HK$316.4 million (US$40.6 million) to take full control of pay-TV operator i-Cable Communications to turn around 13 years of losses amid heightened interest ... ( read original story ...)
SG air mobility startup lifts off with $300k in pre-seed money
and Hong Kong. Its fleet includes aircraft from aviation firms such as Gulfstream, Cessna, Dassault, Airbus, and Bell. Following the fundraising, the startup will focus on further developing its ... ( read original story ...)
Hong Kong prosecutors cite Dominic Raab comments in bid to deny bail for Apple Daily boss
Prosecutors successfully claim criticism of Hong Kong crackdown by US and UK shows Cheung Kim-hung has links to foreign political groups ... ( read original story ...)
Hong Kong’s future — the pearl and the dragon
Three books look at the territory’s recent tussles with Beijing and offer differing levels of optimism on the outlook for freedom ... ( read original story ...)