NetEase Cloud Music, China's second-largest music streaming platform, could raise as much as HKD7 billion (USD901.9 million) from its initial public offering in Hong Kong, according to a media report. ( read original story ...)
HSBC pulls out of U.S. retail banking, as it continues to pivot to Asia
Europe’s second-largest bank by assets said on Wednesday it would sell most of its branches on the U.S. east and west coast to Citizens Bank and Cathay ... ( read original story ...)
Hong Kong stocks slip from nearly a one-month high, as Tencent comes under further scrutiny
Hong Kong stocks slipped in early trading from their highest level in nearly a month, as Tencent dragged the benchmark lower amid concerns that Chinese regulatory authorities were ramping up a ... ( read original story ...)
Up to seven years in prison for Hong Kong bankers doing business with Jimmy Lai
Secretary for Security John Lee warns Citibank and HSBC, where the pro-democracy media mogul has bank accounts. Hong Kong police recently froze US$ 64 million in assets that belong to Lai. Hong Kong&r ... ( read original story ...)
NetEase spinning off its music business for Hong Kong IPO
Business News Digital NetEase spinning off its music business for Hong Kong IPO By Chris Cooke | Published on Thursday 27 May 2021. Chinese web giant NetEase is spinning off its m ... ( read original story ...)
Hong Kong Has a New Type of Prisoner: Pro-Democracy Activists
Hundreds of protesters, many students or college-educated, face potentially stiff sentences after Beijing’s crackdown. Those behind bars already battle isolation and disillusionment. ( read original story ...)
Hong Kong bans Tiananmen crackdown vigil for 2nd year
Hong Kong authorities for the second year have banned the June 4 candlelight vigil to commemorate the bloody crackdown on pro-democracy protests in Beijing’s Tiananmen Square ... ( read original story ...)
Hong Kong changes electoral law, reduces direct public vote
Hong Kong’s legislature has passed a bill amending electoral laws that drastically reduces the public’s ability to vote and increases the number of pro-Beijing lawmakers making decisions for the city ... ( read original story ...)
Hong Kong Schools Record Exodus of Students as Families Leave City
Primary and secondary schools in Hong Kong are facing a steady exodus of students in the wake of a draconian national security law that has ushered in a citywide crackdown on public criticism of the ... ( read original story ...)
Hong Kong passes controversial ‘patriots’ law
Hong Kong has passed a controversial electoral reform law, aimed at keeping people China deems "unpatriotic" from positions of political power.The reform will allow a pro-China panel to vet and elect ... ( read original story ...)
Hong Kong electoral reforms: LegCo passes ‘patriots’ law
Hong Kong has passed a controversial electoral reform law, aimed at keeping people China deems "unpatriotic" from positions of political power. The reform will allow a pro-China panel to vet and elect ... ( read original story ...)
Hong Kong legislature approves Beijing’s political overhaul
Hong Kong's opposition-devoid legislature on Thursday approved Beijing's radical overhaul of the finance hub's political system which reduces the number of directly elected seats and will freeze out ... ( read original story ...)
‘Patriots rule Hong Kong’ as sweeping pro-Beijing electoral rules passed
Hong Kong's legislature approved the biggest overhaul of its political system in the quarter century since British rule on Thursday, in a decisive step to assert Beijing's authority over the ... ( read original story ...)
JD.Com’s Logistics Arm Could Raise as Much as USD3.6 Billion in Hong Kong IPO
JD Logistics, the delivery arm of Chinese e-commerce giant JD.Com, seeks to raise as much as HKD27.74 billion (USD3.6 billion) from its Hong Kong initial public offering tomorrow. The headline figure ... ( read original story ...)