DiDi Global (DIDI) plans to delist from NYSE, five months after its massive IPO. DiDi Global ’s DIDI tenure as a U.S.-listed company turned out to be rather short. Barely five months after its debut ... ( read original story ...)
Timeline: how Didi forced its way from Beijing to New York – and ended up in Hong Kong
Chinese ride hailing giant Didi Chuxing has faced a tumultuous time since listing in New York five months ago, brought about by a Beijing-imposed cybersecurity review on national security grounds. ( read original story ...)
PCCW completes sale of data center business
Hong Kong operator PCCW has announced it has completed the sale of its data center business. The transaction was initially announced on 26 July. The Data Center Business comprises the provision of ... ( read original story ...)
Brother of late Hong Kong singer Anita Mui sues production company behind biopic over alleged trademark violations
Peter Mui accuses Edko Films of infringing his rights to two registered trademarks in the production, promotion and content of the film ‘Anita’, causing him to suffer financial losses. ( read original story ...)
Over 780 shoebox flats in Hong Kong’s subsidised home ownership scheme still unsold despite more than a month on market
As of Friday, 254 of the flats at Kai Chuen Court in Kowloon, offered under the Green Form Subsidised Home Ownership Scheme, still have not found buyers; all are smaller than 200 sq ft. ( read original story ...)
Hong Kong treasury secretary Christopher Hui, audit regulator deny claims of non-cooperation made by SEC’s Gary Gensler
Hong Kong's top treasury official and audit regulator have hit back against claims by the US Securities and Exchange Commission (SEC) that the city along with China does not cooperate with regulators ... ( read original story ...)
Hong Kong: Govt rejects US claims
The US SEC said in its statement that Hong Kong historically has not worked with the US Public Company Accounting Oversight Board to allow its required inspections. Noting that Hong Kong’s legal and ... ( read original story ...)
H.K. Bourse Ex-IPO Vetting Head Acquitted in Bribery Trial
A Hong Kong court ruled that a former senior official at the city’s stock exchange was not guilty on charges of taking bribes to facilitate at least 12 initial public offerings.Most Read from Bloomber ... ( read original story ...)
DiDi exits the New York Stock Exchange and prepares a proposal for the Hong Kong Stock Exchange
After several months of being pressured by the Chinese authorities, DiDi finally announces his decision to leave the US Stock Exchange ... ( read original story ...)
Democracy Activist Law Urges Hong Kong Voters to Ignore Dec. 19 Election
Hong Kong democracy activist Nathan Law called on voters in his home city to ignore a legislative election this month, the first under sweeping new rules imposed by Beijing, saying they should not ... ( read original story ...)
China Tourism Duty Free postpones Hong Kong listing amid sluggish capital market conditions
Suspension of the IPO by the world’s largest travel retailer deals a body blow to Hong Kong bourse amid sluggish market conditions. ( read original story ...)
Hong Kong audit regulator, professionals deny claims of non-cooperation made by SEC’s Gary Gensler
Financial Reporting Council says the city has always allowed the US's Public Company Accounting Oversight Board access to Hong Kong auditors and their working papers Response follows comments by ... ( read original story ...)
Former HKEX executive and consultant acquitted of corruption charges
A former Hong Kong stock exchange executive and a consultant were acquitted on Friday of corruption charges, dealing a blow to the financial regulator's attempt to crack down on white-collar ... ( read original story ...)
Cowed by Chinese regulators, Didi plans New York delisting and Hong Kong debut
Just five months after its debut, ride-hailing giant Didi Global said it plans to withdraw from the New York stock exchange and pursue a Hong Kong listing - a stunning volte-face as it bends to ... ( read original story ...)