BEIJING and HONG KONG, China. June 7, 2021. Liu Qiangdong has seen exponential ... The company began marketing the IPO at a rate of HK$39.36 to HK$43.36 per share, a strategy that could have seen them ... ( read original story ...)
Hong Kong Airlines launches wide restructuring bid, grounds A320 fleet but holds off on job cuts
A company source says however that if the ailing carrier ultimately has to axe jobs, up to 40 per cent of staff will be made redundant. ( read original story ...)
EU considers sending delegation to Hong Kong after electoral law reform
The European Union denounced on Wednesday Hong Kong's major overhaul of its political system as a breach by China of its international commitments and threatened to send a delegation to visit the ... ( read original story ...)
Someone In Hong Kong Paid USD1.3 Million For A Parking Bay
Hong Kong has some of the priciest real estate in the world and that unfortunately extends to the parking bay for most of the luxury condominiums there. Already possessing the record for the world’s ... ( read original story ...)
Top Glove Delays Hong Kong IPO by Few Months After U.S. Ban on Its Products
The world’s largest rubber glove maker said the U.S. ban on its Malaysian-made gloves will delay its share sale plan in Hong Kong by a few months. ( read original story ...)
China Duty Free Group Seeks Secondary Hong Kong Listing
China’s largest travel and duty free retail player has successfully applied to the China Securities Regulatory Commission (CSRC) to list in Hong Kong, according to the public filings. The IPO is ... ( read original story ...)
Top Stories this AM: Skepticism on Musk’s Boring vision; vaccine destroyer sentenced to 3 years; Hong Kong offers $14 million to get vaccinated
Good morning and welcome to your weekday morning roundup of the top stories you need to know. For more daily and weekly briefings, sign up for our newsletters here. Musk moles through. Some cities ... ( read original story ...)
Hong Kong Tycoons Commit Another $3.9 Million To Growing List Of Covid-19 Vaccination Incentives
Hong Kong billionaires Li Ka-shing and Henry Cheng will hand out shopping vouchers and cash grants worth a total of HK$30 million ($3.9 million) to residents to boost the city’s sluggish coronavirus ... ( read original story ...)
Hong Kong is so desperate to get people vaccinated that it’s auctioning off a Tesla, a year’s worth of stays at a 5-star hotel, and an apartment
The total value of vaccination rewards in Hong Kong exceeds $14 million. The eligibility terms differ but are exclusively available to vaccinated individuals. ( read original story ...)
Hong Kong’s financial system remains resilient: IMF
The International Monetary Fund said Hong Kong's financial system remains resilient to financial shocks despite the challenges that the city had ... ( read original story ...)
The sixth edition of StartmeupHK Festival puts sustainability and collaboration at the forefront for startups
The highly successful 2021 edition of StartmeupHK Festival, Asia's leading startup event, officially came to a close on 28 May, after a bustling week showcasing 806 speakers from around the world. ( read original story ...)
Why is a gun fired in Hong Kong every day at noon?
First things first: the Jardine's Noonday Gun gets its name from its owner, the Jardine Matheson Company, which was founded in the early 1830s. The powerful Hong Kong-based conglomerate, which has ... ( read original story ...)
IMF says Hong Kong’s financial system resilient to future shocks, cautions property valuations and deep China links as potential risks
The International Monetary Fund said Hong Kong’s financial system remains strong after a challenging two-year period that saw the city’s economy suffer its worst contraction on record. ( read original story ...)
Sens. Want Answers Over Lack Of Hong Kong Bank Sanctions
The bipartisan pair of senators behind the Hong Kong Autonomy Act of 2020 called for an immediate briefing with the Secretary of the Treasury on Tuesday, raising concerns about the department's lack ... ( read original story ...)