Hong Kong-based telecom operator PCCW—controlled by billionaire Richard Li—has agreed to sell its data centre business to DigitalBridge for $750 million, cashing in on the rising demand for cloud ... ( read original story ...)
Crowd Shouts ‘We Are Hong Kong’ as Chinese Anthem Plays at Olympic Medal Presentation
A crowd watching Hong Kong fencer Edgar Cheung Ka-long receive his gold medal at the Toyko Olympics shouted “we are Hong Kong” as the Chinese national anthem played during the presentation on July 26. ( read original story ...)
Olympics-Swimming-Haughey makes history for Hong Kong with silver medal
Siobhan Haughey won Hong Kong's first Olympic swimming medal by taking silver in the 200m freestyle on Wednesday and said she hoped her achievement in Tokyo would inspire the next generation of ... ( read original story ...)
Hong Kong home prices flat in June but seen hitting record soon
Hong Kong private home prices were flat in June, official data showed on Wednesday, but realtors expect they will hit a new record high in the third quarter, supported by a recovering economy and ... ( read original story ...)
Hong Kong’s civil society ‘withers’ under national security purge
Hundreds of elected community leaders in Hong Kong have resigned and dozens of civil society groups have disbanded as China remoulds the finance hub in its own image. ( read original story ...)
Hong Kong police warn of terrorist threat but some are sceptical
A policeman stabbed almost to death on the anniversary of Hong Kong’s handover from the UK to China. A group of youths as young as 15 accused of planting explosives around the city. Hong Kong’s role ... ( read original story ...)
Crackdown Makes Hong Kong IPOs Among Worst Performers in Asia
China’s regulatory crackdown on some of its biggest industries is having a knock-on effect on the post-listing performance of Hong Kong’s initial public offerings. ( read original story ...)
Ant Group-Backed Ubox Weighing $500 Million Hong Kong IPO
Beijing Ubox Technology & Trade Co., a Chinese intelligent vending machine maker, is weighing a Hong Kong initial public offering that could raise as much as $500 million, according to people familiar ... ( read original story ...)
Hong Kong Wealth Rates to Resume Climb
Hong Kong’s wealth market is poised for a rebound after a pandemic ... Crowdfund Insider is the leading news and information web site covering the emerging global industry of disruptive finance ... ( read original story ...)
Majorly Oversold Hang Seng Called Lower Again
The Hong Kong stock market has finished lower in three straight sessions, plummeting more than 2,600 points or 10.3 percent along the way. The Hang Seng Index now rests just beneath the 25,100-point ... ( read original story ...)
How Hong Kong can chart a course towards living with Covid-19
It has been over a month since the government announced an exemption of executives in Hong Kong's financial sector from quarantine measures when returning to the city from overseas business trips, ... ( read original story ...)
Hong Kong’s Hang Seng index climbs following two-day rout; Asia stocks mixed
The three major indexes on Wall Street slipped overnight from their respective records touched in the previous session. ( read original story ...)
Hong Kong stocks clobbered with tech index in record plunge on China regulatory fears, US investment concerns
Hong Kong’s technology gauge slumped by a record 8 per cent on its first anniversary, with nearly half its members crashing by more than 10 per cent. Speculation about US investment ban accelerated ... ( read original story ...)
U.S. Government Issues Hong Kong Business Advisory
On July 16, 2021, the U.S. Government issued a new advisory highlighting the growing risks associated with doing business in Hong Kong ("the Advisory"). ( read original story ...)