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Posted on 27/10/2020

Covid-19 won’t last forever, but online learning here to stay, former Hong Kong finance chief says in predicting ‘new normal’ for education

It’s unfortunate that only amid the Covid-19 pandemic has the whole process of adapting to online teaching and the use of technology in education been sped up John Tsang, former Hong Kong financial ... ( read original story ...)

Posted on 27/10/2020

Hong Kong leader to visit Beijing to discuss plans to revive economy

Hong Kong leader Carrie Lam said on Tuesday she will travel to China next week for a three-day visit to discuss plans to revive the global financial hub's economy, which has been battered by the ... ( read original story ...)

Posted on 27/10/2020

Banks, brokers to offer record US$38.7 billion of margin financing for Hong Kong retail investors to buy into Ant’s giant IPO

Ant’s IPO which is on course to smash all previous IPO records is expected to lock up funding of HK$800 billion, higher than Nongfu Spring at HK$677 billion, brokers estimate. ( read original story ...)

Posted on 27/10/2020

Investors line up for Ant Group’s record $34.4 billion IPO

Ant Group Co Ltd is poised to raise up to $34.4 billion in the world's largest stock market debut as investors rush to buy into the fast-growing Chinese fintech giant despite ... ( read original story ...)

Posted on 27/10/2020

China Brokers Challenge Goldman With Best IPO Ranking in Decades

Chinese brokerages are having a bumper year for equity dealmaking, with Ant Group’s multi-billion-dollar initial public offering poised to boost their showing in the global ranking to the best in at ... ( read original story ...)

Posted on 27/10/2020

Ant’s Record IPO To Lift Jack Ma’s Fortune By $27 Bln, Mint 18 Billionaires

Ant Group’s world-record-beating IPO will lift the fortune of China Internet heavyweight Jack Ma by $27 billion and create at least 18 other billionaires, according to pricing announced by the company ... ( read original story ...)

Posted on 27/10/2020

Hong Kong police arrest pair over orange paint attack on six-year-old girl outside school

Duo detained in Ngau Tau Kok and Sau Mau Ping is believed to have triad links, as police say more arrests are possible. ( read original story ...)

Posted on 27/10/2020

Slim pickings: Ant to pay bankers up to $198 million in fees for Hong Kong IPO

China's Ant Group will pay bankers selling its shares in Hong Kong up to $198 million in underwriting fees, its filings showed on Monday, in line with a trend of large issuers sharing a ... ( read original story ...)

Posted on 27/10/2020

Grounded by Covid-19, children and teens are the unhappiest people in Hong Kong, survey finds

After months of suspended classes and stunted social lives amid the ongoing pandemic, children and teens are Hong Kong's unhappiest people this year, a survey has found. Working on a scale of zero to ... ( read original story ...)

Posted on 27/10/2020

Hong Kong homebuyers sustain buying spree at New World’s Tai Wai project, prompting rival developers to raise prices

Hongkongers continued their buying spree at New World Development's latest residential development in Tai Wai in the New Territories, snapping up all of the units offered on Monday, according to ... ( read original story ...)

Posted on 27/10/2020

Ant Group prices Hong Kong leg of stock offering at HK$80 a share in the world’s largest initial public offering

Co-hosting such a jumbo IPO with Shanghai helps Hong Kong keep pace with the swift development of financial hubs in mainland China. ( read original story ...)

Posted on 26/10/2020

Lufax is going public in the US after postponing its original Hong Kong-based IPO

Lufax hopes to go public in the US, aiming to raise $2.4 billion at a valuation of around $30 billion, and expects to start trading on October 30. ( read original story ...)

Posted on 26/10/2020

China’s Ant Group prices Shanghai IPO leg at 68.8 yuan per share

China's Ant Group Co Ltd 688688.SS on Monday set the pricing for the Shanghai leg of its mega dual-listing at 68.8 yuan ($10.27) per share, the company said in a filing to the local exchange. Ant ... ( read original story ...)

Posted on 26/10/2020

Fast-fashion heiress asks shoppers to buy less in green push

Textile heiress Veronica Chou is joining a growing list of start-ups seeking to key into shoppers concerned about the impact on the environment. ( read original story ...)

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