Eric Chan, Cyberport’s Chief Public Mission Officer, believes that RegTech development has become more vibrant in recent years, and that Hong Kong is well positioned to become a market leader in the ... ( read original story ...)
Hong Kong-listed company investigated over HK$95 million gold scam as police arrest six and launch hunt for major shareholder
Three men and three women were detained in a series of raids on Tuesday, while police have frozen bank accounts containing HK$3.1 million they suspect of being the proceeds of crime. The firm at the ... ( read original story ...)
Hong Kong Stocks Fluctuate After China Pulls Plug on Ant’s IPO
Hong Kong stocks swung between gains and losses after Chinese regulators scrapped Ant Group Co.’s $35 billion initial public offering, and as investors digested early results in the U.S. election. ( read original story ...)
Jack Ma’s Wealth Drops $2.6 Billion As Ant Group Suspends IPO
Chinese billionaire Jack Ma saw his wealth plunge after regulators abruptly suspended the $35 billion initial public offering of Ant Group. ( read original story ...)
Hong Kong Disneyland opening ‘reimagined’ castle for 15th anniversary
Hong Kong Disneyland Resort is set to open its new castle, and it’s a “reimagined” version of the park’s last castle. They’re calling it the “Castle of Magical Dreams.” It’s the first time an existing ... ( read original story ...)
Hong Kong Stocks Fall After China Pulls Plug on Ant’s IPO
Hong Kong stocks dropped after Chinese regulators scrapped Ant Group Co.’s $35 billion initial public offering. ( read original story ...)
Ant Group’s shock IPO suspension hammers Alibaba shares
China's shock, last–minute decision to suspend the record-breaking IPO of fintech giant Ant Group hammered shares of founder Jack Ma's e-commerce titan Alibaba on Wednesday and left investors reeling. ( read original story ...)
Hong Kong Bourse Likely To Regain Support At 25,000 Points
The Hong Kong stock market has moved higher in two straight sessions, gaining more than 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 24,940-point plateau and ... ( read original story ...)
China Halts Ant Group’s IPO, Throwing Ma Empire Into Turmoil
It was heralded as China’s answer to JPMorgan -- a homegrown financial giant on the cusp of the biggest stock-market debut the world has ever seen. ( read original story ...)
Ant Group suspends Hong Kong and Shanghai IPOs following Chinese regulatory disapproval
The Shanghai stock exchange has halted Ant Group's IPO, which was set to go ahead this week, after finding that it may not meet regulatory requirements from talking with the company's top executives. ( read original story ...)
Hong Kong Police Arrest Documentary Producer Over Mob Attack Program
Police in Hong Kong arrested a producer Tuesday who made a documentary for government broadcaster RTHK about a July 21, 2019, mob attack on train passengers in Yuen Long. Bao Choy, who worked on an ... ( read original story ...)
Ant Group’s record $34.5B IPO has been delayed in Shanghai and Hong Kong, here’s why
Ant Group was supposed to list the biggest IPO in history on Thursday, but plans have been canceled. CNBC's Eunice Yoon reports why and what's next. ( read original story ...)
Why Ant Group’s IPO was suspended in Hong Kong and Shanghai
Ant Group’s blockbuster IPO was poised to be a major milestone for a homegrown champion. But officials in Beijing have had other ideas. The Shanghai Stock Exchange announced late on Tuesday (Nov. 3) ... ( read original story ...)
China Stops Jack Ma’s $35 Billion Ant IPO From Going Ahead
China halted Ant Group Co.’s $35 billion share sale, shocking investors who’d lined up for a piece of what was expected to be the world’s biggest initial public offering. ( read original story ...)