The electric vehicle maker has set the maximum price of its Hong Kong initial public offering at HK$150 (US$19.29) per share, which would enable it to surpass its Nasdaq listing a year ago. ( read original story ...)
10 most influential brands in Hong Kong
Covid-19 brought a clear shift in priorities among Hong Kong consumers and brands that could cope with the changes and had rapid responses, were able to garner love from Hong Kong consumers. According ... ( read original story ...)
Li Auto’s Hong Kong debut extends battery hedge
Li Auto’s $1.9 billion Hong Kong listing gives the company another chance to tout how it differs from its rivals. Unlike Nio (NIO.N) and Xpeng (9868.HK), Li sells hybrid models powered by both ... ( read original story ...)
Hong Kong government tells employees to get vaccinated or pay for regular tests, effective 1 Sep
Civil servants who have not yet received their first dose will be required to undergo biweekly PCR tests that they would need to pay for themselves, including education and health workers. ( read original story ...)
DAILY VOICE | Chinese companies’ IPO traffic may shift to Hong Kong from US, says Piyush Nagda of Prabhudas Lilladher
One of the direct beneficiaries of the Chinese crackdown will be the Indian startup space. Ed-tech and fintech companies that are not yet listed will gain more, says Nagda ... ( read original story ...)
Hong Kong Opens to Tourism; Vietnam Seafood Output: Virus Update
Hong Kong’s government said an overhaul of risk designations for overseas travel will take effect Aug. 9, allowing residents to return from from areas deemed high-risk and opening up to vaccinated ... ( read original story ...)
Hong Kong Stock Market Tipped To Open In The Red
The Hong Kong stock market rebounded on Monday, one session after it had halted the two-day winning streak in which it had spiked more than 1,220 points or 4 percent. The Hang Seng Index now rests ... ( read original story ...)
Tricor Group Commits to Responsible Business Framework with the Release of Its Inaugural 2020/2021 Environmental, Social and Governance (ESG) Report
Asia's leading business expansion specialist providing integrated business, corporate, investor, human resources and payroll, corporate trust and debt services, fund administration, and strategic ... ( read original story ...)
Hong Kong Eases Entry Rules for Vaccinated Residents, Tourists
Hong Kong will allow vaccinated tourists from all but 10 places in the world to enter the city from August 9, in a significant easing of some of the tightest border curbs in the world. ( read original story ...)
Chinese EV manufacturer Li Auto plans $1.9 bln Hong Kong listing
Chinese electric vehicle manufacturer Li Auto Inc (L87Ay.F), said on Tuesday it was looking to raise as much as HK$15.0 billion ($1.93 billion) in an initial public offering (IPO) in Hong Kong. ( read original story ...)
Chinese EV manufacturer Li Auto plans $1.9 billion Hong Kong listing
Chinese electric vehicle manufacturer Li Auto Inc said on Tuesday it was looking to raise as much as HK$15.0 billion ($1.93 billion) in an initial public offering (IPO) in Hong Kong. ( read original story ...)
HSBC’s profit jumps as pandemic provisions recede
HSBC Holdings PLC’s net profit rose in the second quarter as the London-based lender reduced provisions for bad loans caused by the economic fallout from the coronavirus pandemic. The banking giant, ... ( read original story ...)
Hong Kong’s New Risk Tiers; IMF Approves Aid: Virus Update
Seventy percent of U.S. adults have received at least one dose of a Covid-19 vaccine, a key milestone in the fight against the pandemic that comes almost a month later than President Joe Biden’s ... ( read original story ...)
Hong Kong police arrest 824, seize records detailing HK$3.6 billion worth of bets in illegal gambling busts around Euro 2020
Police say operations racked up most arrests, largest amount of money seized in relation to illegal gambling in 10 years. ( read original story ...)