A few weeks ago, however, the Foundation took Hong Kong (and Macau) off its list completely. The move amplified the sense that the territory’s status as a global financial hub is now in real ... ( read original story ...)
Ryde stays focus on Singapore, eyes IPO for service expansion
It also is hoping a targeted IPO (initial public offering ... Read More Zou said his team spent time in 2019 running trials in Hong Kong, Kuala Lumpur, and Sydney, so it could better understand some ... ( read original story ...)
Chinese Ride-Hail Startup Didi Going Public
China’s ride-hail behemoth Didi Chuxing is going public with Goldman Sachs and Morgan Stanley, Bloomberg reported on Friday (April 9), citing sources. The mobile transportation platform just notched ... ( read original story ...)
Companies head back to Central where tumbling office rents in Hong Kong’s prime business district have made trophy addresses affordable
The building is in Exchange Square, the complex that houses the Hong Kong International Arbitration Centre and the Hong Kong stock exchange. have also convinced the likes of private equity firm ... ( read original story ...)
Hong Kong residents stranded in Britain meet frustration as they try to return.
The Hong Kong government said last month that it would allow hundreds of residents who have been stranded in Britain by virus-related travel restrictions to return on two special flights. But when ... ( read original story ...)
Didi Chuxing Has Filed Confidentially for U.S. IPO
Didi is also exploring a potential dual listing in Hong Kong at a later time, one of the people added ... Didi, backed by SoftBank Group Corp., had accelerated its IPO plan as business rebounded ... ( read original story ...)
Funds collected via Hong Kong IPOs skyrocket as more Chinese firms head home
Pedestrians pass by the office of HKEX in Hong Kong. File photo: VCG. The amount of funds raised through IPOs in Hong Kong hit HK$132.8 billion ($17.07 billion) in the first quart ... ( read original story ...)
Hong Kong shop founded by pro-democracy activist raided over content labelling
Hong Kong authorities said on Friday they had seized nearly 9,000 Thai cleaning products suspected to have wrong labelling from a shop founded by a pro-democracy activist facing charges under the city ... ( read original story ...)
Members-only social club Soho House files for US IPO at $3 billion valuation, report says
Soho House, a London-based network of private social clubs, filed to go public in the US, Sky News reported. The company could be valued at more than $3 billion. ( read original story ...)
Tencent-Backed Linklogis Rises 9.9% in Hong Kong Debut
The company priced its IPO at HK$17.58 each, while the retail portion of its offering was oversubscribed by local investors. Load Error Linklogis’ performance comes despite a number of recent listings ... ( read original story ...)
Hong Kong government lashes out at unnamed countries for harbouring criminals
Apart from Law, a number of prominent activists have also fled charges in Hong Kong. They include fugitive ex-lawmaker Ted Hui Chi-fung, ousted pro-independence lawmaker Sixtus Ba ... ( read original story ...)
Hong Kong Virtual Bank ZA Bank Offers Personal Loans For Just 1.99% APR
In a move to boost clients, ZA Bank has launched a personal loan with a fixed rate of 1.99% APR. Additionally, new users can get HKD 400 cash rewards upon successful application at the virtual bank. Z ... ( read original story ...)
Nine detained in HK$900 million laundering bust in Hong Kong involving 300 bank accounts
Hong Kong police arrested nine people on suspicion of laundering more than HK$900 million (US$116 million) through 300 bank accounts over the past six months, part of which was conned from 55 victims ... ( read original story ...)
Stocks mixed as bond yields tick back up; bank stocks rise
NEW YORK (AP) — Stocks were slightly higher in early trading Friday, as a rise in bond yields helped lift the shares of energy and bank companies in the early going. Technology stocks, which have ... ( read original story ...)