Economist Michael Porter once said that California is successful for its wine, not because of its meteorological conditions, but because it has an economic cluster of interconnected wineries, grape ... ( read original story ...)
Alibaba-Backed RoboSense Selects JPMorgan For Hong Kong IPO
Alibaba Group Holding Ltd (NYSE: BABA)-backed RoboSense, a Chinese developer of sensor technologies used in self-driving cars, looks to work with JPMorgan Chase & Co on its proposed Hong Kong initial ... ( read original story ...)
Markets 2021: Stocks soar, IPOs explode, crypto goes wild
Wall Street delivered another strong year in 2021, as a resurgence in consumer demand fueled by the reopening of the global economy pumped up corporate profits ... ( read original story ...)
PwC Hong Kong purchases land plot in The Sandbox
The Sandbox COO Sebastien Borget: "We welcome PwC Hong Kong to experience how The Sandbox fosters new immersive experiences and ways for brands to connect with customers.” ... ( read original story ...)
Hong Kong to let MPF invest in China sovereign, policy bank bonds
Hong Kong will allow the Mandatory Provident Fund to invest in China’s sovereign and policy bank bonds. Each of the roughly 320 MPF funds will be able to allocate up to 30% of their total assets to an ... ( read original story ...)
HSBC to acquire L&T Investment Management
Private Ltd, an indirect wholly-owned subsidiary of HSBC Holdings plc (HSBC), has entered into an agreement with L&T Finance Holdings Limited (LTFH) to fully acquire L&T Investment Management Limited ... ( read original story ...)
Slow down to see the real Hong Kong
The ‘Hearts in Motion Ding! Ding! Ding!’ programme offers free tram tours to disadvantaged members of the community that showcase Hong Kong’s history and culture while educating participants about the ... ( read original story ...)
HSBC Buys India’s L&T Investment Management for $425 Million
HSBC Holdings Plc has said it will buy the investment management unit of India’s L&T Finance Holdings Ltd, the latest push to build up the Asian wealth and investment business that is at the forefront ... ( read original story ...)
SenseTime’s Hong Kong IPO oversubscribed, minus American investors after US sanctions
The quick relaunch and the oversubscription proves the resilience of Hong Kong’s IPO market when it’s faced with US sanctions, Hong Kong’s brokers said. ( read original story ...)
‘Pillar of Shame’ Statue Removed from Hong Kong, Could Be Placed Near D.C. Chinese Embassy
China has cracked down on any attempts to commemorate the 1989 massacre of protesters. Now, the university says it posed "legal risks." ... ( read original story ...)
SenseTime to price shares at HKUS$3.85 in Hong Kong IPO – sources
Chinese artificial intelligence start-up SenseTime Group plans to price its shares at HKUS$3.85 (US$0.4936) each to raise US$740 million in its revised Hong Kong initial public offering (IPO), ... ( read original story ...)
Hong Kong food truck scheme to be axed as social unrest and coronavirus pandemic hammer tourism
Scheme launched back in 2017 started strong but food vendors were cut off from tourists by social unrest, Covid-19 pandemic 12 operators still doing business but only three have managed to build up ... ( read original story ...)
Bloomberg seeks a podcast producer in Hong Kong
Bloomberg News is the biggest financial and business news organization in the world. We lead the way in breaking news and providing analysis on financial markets, from intraday coverage through ... ( read original story ...)
Hong Kong university dismantles, removes Tiananmen statue
A leading Hong Kong university has dismantled and removed a statue from its campus site that for more than two decades has commemorated pro-democracy protesters killed during China's Tiananmen Square ... ( read original story ...)