JD Logistics Inc. rose 14% on its first day of trading after raising $3.2 billion in Hong Kong’s second-largest initial public offering this year. ( read original story ...)
Hong Kong: Virtual Bank Airstar Launches SME Banking
Airstar, one of a select few digital banks approved by Hong Kong regulators, has announced SME banking services. AirStar states that following its launch in the summer of 2020 it has experienced a ste ... ( read original story ...)
Asia-Pacific markets set for positive start; JD Logistics’ Hong Kong debut ahead
Stocks in Asia-Pacific looked set to see a positive start on Friday, as investors await the market debut of JD Logistics in Hong Kong. Futures pointed to a higher open for Japanese stocks. The Nikkei ... ( read original story ...)
Shares in JD.com’s logistics unit jump after $3.1bn Hong Kong IPO
Shares in the supply chain and delivery unit of Chinese ecommerce group JD.com rose 14 per cent on their debut after the company raised $3.1bn in one of Hong Kong’s largest stock offerings this year. ( read original story ...)
Chinese e-commerce giant JD.com’s delivery arm surges more than 11% in Hong Kong IPO
JD Logistics' vast network of warehouses and delivery workers in China have given JD.com a competitive edge against its rival Alibaba. ( read original story ...)
Hong Kong’s business future is bright, never mind the surveys
As a former chairman of the American Chamber of Commerce in Hong Kong, I agree with the views expressed in your editorial of May 20 on the subject of the recent survey ("AmCham survey does not reflect ... ( read original story ...)
Digital Bank Upstarts Are Years Away From Profits in Hong Kong
Hong Kong’s virtual banks are facing years of red ink on the bottom line after making limited inroads against their brick-and-mortar rivals in the financial hub. ( read original story ...)
Azgard-9 Just Developed a Garment That Produces Oxygen
Pakistan-based Azgard-9 just debuted a poncho that, in addition to its sustainable and antibacterial properties, produces oxygen. ( read original story ...)
Hong Kong lawmakers overhaul electoral system
Hong Kong lawmakers passed a bill Thursday to overhaul the electoral system and ensure only "patriots" govern. Lawmakers voted 40-2 in favor of the bill, with pro-establishment lawmakers voting in ... ( read original story ...)
Hong Kong Security Chief Warns Citigroup, HSBC Against Dealings With Pro-Democracy Tycoon
Hong Kong’s security chief told units of Citigroup and HSBC that their employees could face jail time if they deal with the accounts or assets of the pro-democracy newspaper owner. ( read original story ...)
HSBC, Citi Warned of Jail Over Lai Accounts, Reuters Reports
Reuters reported. Lee’s office didn’t immediately respond to calls and emails for comment on Thursday. An aide to Lai didn’t immediately respond to a request for comment. A Citigroup spokesman said in ... ( read original story ...)
Hong Kong threatens to jail HSBC bankers handling Jimmy Lai’s accounts
The Apple Daily owner has emerged as one of the highest profile targets of the territory's new national security law ... ( read original story ...)
Hong Kong HSBC and Citibank bankers threatened with prison if they deal with billionaire Jimmy Lai’s accounts
Hong Kong HSBC and Citibank branches have been sent letters by the city's security chief over billionaire media tycoon Jimmy Lai’s accounts – threatening up to seven years in prison, according to ... ( read original story ...)
Hong Kong applicants for UK visas far outstrip those from EU- report
Britain has received far more applications for visas from Hong Kong than from the European Union after a new system opened up for residents in the former British colony and post-Brexit rules kicked in ... ( read original story ...)