Mainland Chinese authorities and Hong Kong business leaders have teamed up to launch a new commercial services centre in Guangdong province. Sixteen local business, professional and policy research ... ( read original story ...)
China’s Little Red Book Plans to Shift IPO to Hong Kong From U.S., Sources Say
Chinese startup Xiaohongshu, or “Little Red Book,” is weighing a Hong Kong initial public offering to raise at least $500 million, after putting its U.S. listing plans on hold, according to people ... ( read original story ...)
Triads arrested in Hong Kong speedboat smuggling raids
Dozens of Hong Kong triad members have been arrested in a series of operations targeting gangs using high-powered speedboats to smuggle contraband to the Chinese mainland, police said Monday. ( read original story ...)
Evergrande’s bid to sell Yuen Long plot, included in Hong Kong’s proposed Northern Metropolis, draws little interest
Evergrande, which has invested US$1.1 billion on the 2.2 million sq ft plot, was reportedly willing to sell it for a loss of US$115.6 million. ( read original story ...)
Study: 3 most popular digital banks in HK and what’s driving their uptake?
Respondents in Hong Kong still have concerns over virtual banks with 34% believing that there was a higher chance of accounts getting hacked via virtual. ( read original story ...)
Lam: No Timetable on Anti-Sanctions Law for Hong Kong
Hong Kong Chief Executive Carrie Lam discusses the Chinese anti-sanctions law and what it means for Hong Kong. She speaks exclusively to Haslinda Amin on “Bloomberg Daybreak: Asia.” (Source: Bloomberg ... ( read original story ...)
JPMorgan On Policy Impact On Hong Kong’s Property Market
JPMorgan Head of Asia Property Research Cusson Leung discusses key implications from Hong Kong's 2021 policy address on its property market. He was speaking with Yvonne Man, David Ingles and Rishaad ... ( read original story ...)
Carrie Lam Says Any Hong Kong Covid Death Would Be Concern
Hong Kong Chief Executive Carrie Lam defended Covid-19 travel restrictions that are frustrating global businesses, signaling the curbs will stay in place for the foreseeable future even as Singapore ... ( read original story ...)
Hong Kong Stock Exchange Proposes SPAC Listing Regime With Strict Criteria.
The Hong Kong Stock Exchange has launched a consultation paper on proposals to create a listing framework for special purpose acquisition companies (SPACs) in Hong Kong. SPACs are shell company ... ( read original story ...)
Hong Kong Stock Market Ripe For Consolidation On Monday
The Hong Kong stock market has finished higher in two straight sessions, advancing more than 870 points or 3.7 percent along the way. The Hang Seng Index now sits just above the 24,835-point plateau ... ( read original story ...)
Citibank HK’s ad with Leon Lai strikes a cord with target audience luring 39% growth
"The majority of our core customers are parents aged over 35 and 45 for Citigold and Citigold Private Client respectively. Lai was their hero when they were young and he has remained a very positive ... ( read original story ...)
US bank stocks may be too hot with earnings season nearing
Bank stocks have been one of the best trades of this year, and with third-quarter earnings set to kick off on Wednesday (Oct 13) analysts expect the industry to show continued strength. The question ... ( read original story ...)
Creating a vibrant startup ecosystem in Hong Kong
Compared with these places, Hong Kong’s 0.92% was really insignificant. Nurturing talents and startups requires a lot of investment. The Trade Development Council found that "sufficient sources of ... ( read original story ...)
Hong Kong’s Carrie Lam Says Any Covid Fatality Would Be Concern
Hong Kong Chief Executive Carrie Lam acknowledged travel restrictions could harm the city’s reputation as a global financial hub, but stressed that even a single fatality from Covid-19 would be a ... ( read original story ...)