Indonesian courier startup J&T Express is in talks with investors to raise more than $2 billion ahead of a Hong Kong initial public offering (IPO), and is looking to expand in Latin America, three ... ( read original story ...)
Indonesian startup J&T Express said to seek over $2b in pre-IPO round
The firm is seeking to hit a $20 billion valuation with the $2-2.5 billion round that is expected to be finalised in the coming weeks. ( read original story ...)
Coronavirus: three cases of new Mu variant found in Hong Kong arrivals, authorities reveal
Two of the patients – a 19-year-old man and a 22-year-old woman – had flown in from Colombia and were confirmed as infected in early June. ( read original story ...)
Now TV secures F1 and US Open rights in Hong Kong after Fox Sports Asia closes, but uncertainty remains for fans
Fox to disappear from Hong Kong cable screens on October 1 as uncertainty remains over UFC, Moto GP and other sporting events. ( read original story ...)
Hong Kong stocks fall for first time this week, as tech rally stalls
Kong stocks dropped for the first time this week on Friday, on concerns that a recent run-up was excessive relative to a harsh regulatory landscape on the mainland. ( read original story ...)
Deutsche regains HK IPO sponsor licence
Deutsche Bank has recovered its licence to sponsor IPOs in Hong Kong after losing the ability in June this year. Hong Kong’s Securities and Futures Commission suspended the bank’s licence after a ... ( read original story ...)
Hong Kong’s Sedition Law Is Back
Instead of using the more provocative national security law, Hong Kong is turning to colonial-era ordinances to crack down on free speech. ( read original story ...)
Xi’s common prosperity becomes financial black box
President Xi Jinping's "common prosperity" is turning into a financial black box. Alibaba (9988.HK) and Tencent (0700.HK) have each pledged $15.5 billion to the Chinese president's cause to ease ... ( read original story ...)
Hong Kong students to have out-of-this-world conversation with Chinese astronauts orbiting in space station
Extraterrestrial chat with astronauts Nie Haisheng, Liu Boming and Tang Hongbo will highlight 80-minute seminar; Hong Kong was chosen for event as a gesture of goodwill, analysts say. ( read original story ...)
Hong Kong and Singapore part ways over borders
Plans to resume travel between the two regional hubs are on hold as Hong Kong sticks to a COVID-19 elimination goal, and Singapore vows to live with the virus. ( read original story ...)
HSBC CEO plans for permanent hybrid work, much less jet-setting
HSBC Holdings isn't about to throw away its pandemic-era ways of working. The bank, which is in the midst of a historic pivot and cost cutting programME, predicts it will be operating in a profoundly ... ( read original story ...)
HSBC’s CEO Has His Eye on China Wealth Beyond Xi’s Crackdown
As part of the latest push into Asia, the bank is plowing billions of dollars into wealth services in China. HSBC has hired 600 wealth managers ... ( read original story ...)
Biotech listings in Hong Kong poised to surge in 2021 as city chases New York as largest fundraising hub for the emerging industry
The number of biotech listings in Hong Kong looks set to surge this year compared to 2020, putting the city on track to challenge the Nasdaq’s dominance in the sector. ( read original story ...)
Barrister, solicitors among 12 arrested over HK$62 million property scam in Hong Kong
Suspects were allegedly part of a syndicate that found old, vacated flats and forged new ownership documents, police say. ( read original story ...)