Chinese artificial intelligence start up SenseTime Group plans to price its shares at HK$3.85 ($0.4936) each to raise $740 million in its revised Hong Kong initial public offering (IPO), according to ... ( read original story ...)
Hong Kong ophthalmic drugs pioneer sets its sights on cracking China’s US$20.2 billion eye disease treatment market
The Hong Kong-listed company aims to take a leading role in mainland China's eye disease market as the country's innovation ecosystem matures According to China Insights Consultancy, the Chinese ... ( read original story ...)
Feature: Quality, responsible new lawmakers to bring new look to Hong Kong
After fierce competitions all the 90 new lawmakers with different backgrounds and political views have been elected to the Legis ... ( read original story ...)
Maersk agrees to $4.9 billion all-cash deal to buy Hong Kong’s LF Logistics
The deal is one of the group's largest takeovers to date as it seeks to expand beyond its core ocean freight business. . Read more at straitstimes.com. ( read original story ...)
Hong Kong introduces new listing regime for SPACs
An important chapter for Hong Kong's capital markets is ready to be unveiled as the rules for establishing a new SPACs listing regime are set to take effect on 1 January 2022. In this update, we will ... ( read original story ...)
In the shadow of Hong Kong’s skyscrapers, the poor scavenge for cardboard
Cheung Yuk-fong spends her day collecting discarded packaging for re-sale, a growing industry in one of the world’s most unequal cities, Hong Kong. “There seems to be more people scavenging cardboard ... ( read original story ...)
Hong Kong tears down ‘Pillar of Shame’ sculpture honoring Tiananmen victims
The artwork's removal underscored the dramatic political changes in the city, where authorities have sharply curtailed freedom of expression since China imposed a harsh security law last year. ( read original story ...)
China’s Xi Tells Lam Hong Kong Is Heading in Right Direction
Chinese President Xi Jinping told Hong Kong leader Carrie Lam the city is developing in a good direction, days after an election installed a legislature of Beijing loyalists in the Asian financial hub ... ( read original story ...)
Pillar of Shame: Hong Kong’s Tiananmen Square statue removed
A famous statue at the University of Hong Kong commemorating the Tiananmen Square massacre has been removed. Construction workers worked overnight behind plastic barriers to dismantle the 8m (26ft) ... ( read original story ...)
Hong Kong must wake up from ‘myth of American-style democracy’, says top Beijing diplomat
Liu Guangyuan makes remarks during briefing session for consul generals, foreign business chambers and selected media. But one diplomat calls event ‘very awkward’ and says China and West are ‘just ... ( read original story ...)
Hong Kong ‘Pillar of Shame’ Tribute to Tiananmen Victims Removed From University Campus
A monument at Hong Kong University (HKU) that commemorated the 1989 Tiananmen Square massacre was obscured from public view and removed on Wednesday, December 22, according to the South China Morning ... ( read original story ...)
Chinese AI Firm SenseTime Refiles for Hong Kong IPO
SenseTime, the Chinese artificial intelligence software company, has refiled for its Hong Kong initial public offering – without offering shares to U.S. investors. According to TheStreet’s Alex Frew ... ( read original story ...)
China’s economic growth will slow sharply in 2022, World Bank says
The World Bank has cut its forecasts for China's economic growth this year and next, as the world's second largest economy faces mounting headwinds from the new Omicron variant to a severe property ... ( read original story ...)
Hong Kong national security law: 3 months’ jail for former executive member of group behind Tiananmen Square vigil
Simon Leung, formerly of Hong Kong Alliance in Support of Patriotic Democratic Movements of China, is the first to be found guilty and sentenced for breaching implementation rules of the national ... ( read original story ...)