The number of people planning to move to the UK from Hong Kong has accelerated as Beijing intensifies its clampdown on the former British colony. Downing Street said 27,000 Hongkongers have now ... ( read original story ...)
Zhihu sets IPO terms, as the Hong Kong-based online community looks to raise up to $633 million
Zhihu Inc. has set terms of its initial public offering in the U.S., as the Hong Kong-based Q&A-inspired online content community looks to raise up to $632.5 million. The company is offering 55 ... ( read original story ...)
Coronavirus: tourism lawmaker urges Hong Kong officials to capitalise on vaccinations and negotiate return of international travel
Yiu Si-wing wants the government to set up talks with other administrations on implementing quarantine-free travel agreements. ( read original story ...)
3 Hong Kong Companies Riding the Chinese Spending Boom
CTF’s latest financial statements for the six months ended 30 September ... same-store sales remained flat, though Hong Kong and Macau saw this ratio plunge by 65.7%. Despite this, core operating ... ( read original story ...)
JPMorgan Asset Management to invest in China bank’s wealth management unit
HONG KONG (Reuters) - China Merchants Bank Co Ltd said on Friday its wealth management unit is expected to receive investment of 2.7 billion yuan ($414.80 million) from JPMorgan Asset Management ... ( read original story ...)
Bank Indonesia Holds Rate, Pledges More Support for Rupiah
Bank Indonesia kept the seven-day reverse repurchase ... chief Asean economist at HSBC Holdings Plc in Hong Kong. “BI will have to walk a fine line in coming months if global yields continue ... ( read original story ...)
Shenzhen Plans to Be a Duty Free Retail Hub
But some experts argue the Hong Kong can also be benefit from the Greater Bay Area plan. According to McKinsey’s China Consumer Survey 2020, mainlanders still favour Hong Kong as a travel and shopping ... ( read original story ...)
China’s crackdown on Jack Ma has come to Hong Kong’s paper of record
Staff worry the publication will be sold to a Chinese state-owned entity, giving Beijing direct control of the outlet. ( read original story ...)
China’s Didi Chuxing is eyeing a mega-IPO next quarter that values the ride-hailing service above $62 billion, report says
Didi is targeting an IPO as early as this summer at a valuation above the $62 billion it secured in its last funding round, Bloomberg said. ( read original story ...)
The Litmus Test for Hong Kong’s Financial Future
The fate of Hong Kong’s most popular fund will be a critical bellwether for the city’s ability to keep its status as a global financial hub. ( read original story ...)
Financial bypass surgery set for legacy banking tech
Failing to keep pace with the changes ushered in by open banking, coupled with generational shifts in consumer expectations is an existential threat to big banks still powered by legacy technology. ( read original story ...)
As democracy fades, Hong Kong’s political opposition become political prisoners
Beijing's dismantling of Hong Kong's autonomy is all but complete. Those who dared challenge its authority now face years in prison. ( read original story ...)
14 days of isolation: What life is like inside a Hong Kong COVID quarantine camp
After several people at her gym tested positive for COVID-19, a London, Ont., woman living in Hong Kong was whisked off to a government quarantine camp even though she tested negative for the ... ( read original story ...)
Didi Accelerates IPO Plans as Business Rebounds
Based on a common 15% float for mega IPOs in Hong Kong, one potential venue, Didi could raise roughly $9 billion in what would be one of the largest tech debuts globally in 2021. The company hasn’t ... ( read original story ...)