Hong Kong Science and Technology Parks Corporation (HKSTP) held its annual Elevator Pitch Competition 2020 (EPiC) virtually for the first time to unveil new and exciting pitching, investment and ... ( read original story ...)
China Video Giant Kuaishou Files for IPO in Hong Kong
China’s Kuaishou, one of the world’s most popular video sharing and live streaming apps, has filed for a share listing in Hong Kong. The company which is a direct rival to the Bytedance-owned ... ( read original story ...)
Singapore sting: international company in Hong Kong hit by US$6.6 million hacking scam
International firm’s financial controller conned into transferring funds into Singapore bank account after crooks took control of CFO’s email. ( read original story ...)
China’s central bank says Ant’s IPO suspension is to safeguard consumer, investor interests
The decision to suspend Ant Group's planned initial public offering in China was based on a comprehensive consideration about safeguarding the interests of financial consumers and investors, a senior ... ( read original story ...)
Chinese Rival to ByteDance Plans Multibillion-Dollar IPO in Hong Kong
The pipeline of Chinese technology startups planning to go public is moving along despite the sudden suspension of Ant Group’s blockbuster listings. ( read original story ...)
As China Casts a Pall Over Hong Kong, Some See Opportunity
Boosters of growing ties with the mainland see greater business potential. But as the delayed Ant Group I.P.O. shows, peril comes with that promise. ( read original story ...)
Chinese video-sharing app Kuaishou files for IPO as new leaders emerge in the industry
The fickle Chinese consumer has latched onto a set of new preferences for watching videos, a trend investors and media giants are tapping into. ( read original story ...)
Evergrande Service Unit to Seek Approval for $2 Billion Hong Kong IPO
Evergrande Property Services Group Ltd. is planning to seek listing approval as soon as next week for its Hong Kong initial public offering, which could raise at least $2 billion, according to people ... ( read original story ...)
Hong Kong leader Lam discussed coronavirus, economic relief with Beijing
Hong Kong leader Carrie Lam said on Friday she had discussed coronavirus controls and economic relief measures with mainland Chinese officials during her three-day trip to Beijing and that the central ... ( read original story ...)
Hong Kong stock rally stalls on US election suspense, global Covid-19 cases spike
Hong Kong stocks fluctuated near the highest level in almost four months as traders waited for the outcome of the US presidential election. A jump in global Covid-19 infections and slowing sales from ... ( read original story ...)
Kuaishou files for Hong Kong IPO as world’s second-biggest short video app joins march of Chinese tech companies to raise funds
Valued at more than US$30 billion in its most recent funding, Kuaishou chose to list in Hong Kong as the United States government increased its censorship of Chinese firms and especially technology ... ( read original story ...)
Top Chinese official praises Lam for stabilizing Hong Kong
Hong Kong leader Carrie Lam has received credit from a top Chinese official for restoring order and reviving the economy in the semi-autonomous territory ... ( read original story ...)
TikTok Owner ByteDance Eyes Asset Listings In Hong Kong: Report
ByteDance, the Chinese parent of viral video platform TikTok, is in talks to raise $2 billion from investors before a possible listing of some of its businesses in Hong Kong, according to a report. ( read original story ...)
Ant Will Remain an Important Firm in Hong Kong, HKMA Says
Ant Group Co. will continue to play an important role on Hong Kong’s financial scene even as mainland regulators deepen their scrutiny of the financial technology giant’s business, according to a city ... ( read original story ...)