Alphabet Inc's Google will stop responding directly to data requests from Hong Kong authorities, the Washington Post reported on Friday, citing an unnamed person familiar with the matter. ( read original story ...)
Evergrande sells property management unit stake for $3 billion ahead of possible IPO
China Evergrande Group said it sold 28% of a property management unit for HK$23.5 billion ($3 billion), bringing in strategic investors ahead of a possible IPO for the unit. ( read original story ...)
‘I Should Be Presumed Innocent.’ Hong Kong Media Tycoon Jimmy Lai Criticizes His Arrest
He said Hong Kong’s future as Asia’s main financial hub was uncertain if there was no respect for the rule of law under the new security measures ... ( read original story ...)
Hong Kong co-working operator theDesk, Kerry Hotel start profit-sharing venture to beat pandemic-driven slowdown
The coronavirus pandemic is forcing hotels and co-working space operators to collaborate in a whole new way, one that involves profit sharing instead of the traditional tenant-landlord relationship. ( read original story ...)
AI Unicorn SenseTime Is Said to Mull Hong Kong, China IPO
SenseTime Group Ltd., China’s largest artificial intelligence company, is exploring a dual listing in Hong Kong and China as it closes in on $1.5 billion of pre-IPO financing, according to people ... ( read original story ...)
Google ends direct cooperation with Hong Kong authorities on data requests
U.S. tech companies earlier halted reviews of data requests from the territory’s officials while assessing the human rights implications of a new national security law. ( read original story ...)
Continued Consolidation Called For Hong Kong Stock Market
The Hong Kong stock market on Thursday halted the two-day winning streak in which it had advanced more than 850 points or 2.9 percent. The Hang Seng Index now rests just above the 25,230-point plateau ... ( read original story ...)
Largest Chinese IPO of 2020 KE Holdings bags biggest billion-dollar pop since 2000
China's largest housing platform operating under the Lianjia and Beike brands, raised $2.1 billion in the largest US IPO from a Chinese issuer since 2018 and posted the best first-day pop for a ... ( read original story ...)
Arrested media mogul predicts Hong Kong crackdown will subside to ‘appease the business people’
Jimmy Lai, the founder of pro-democracy Hong Kong newspaper Apple Daily, believes that recent arrests in the city, including his own, are likely more of an effort to chill dissent than an indication ... ( read original story ...)
Beike owner KE open to secondary Hong Kong or mainland listing after U.S. IPO
KE Holdings, operator of housing platforms Beike Zhaofang and Lianjia, is open to a secondary listing in Hong Kong or mainland China, after raising around $2 billion on Thursday in the biggest U.S. ( read original story ...)
Hong Kong freedom lovers deserve global support against Chinese Communist Party’s new Red Terror
The dramatic arrest of Hong Kong media tycoon Jimmy Lai and the invasive raid of Apple Daily, the pro-democracy newspaper he founded, this week signals the start of a new Red Terror for the formerly ... ( read original story ...)
China transformed Hong Kong into a typical mainland city, almost overnight
The two decades beginning in 1997, when Britain handed this territory to China, and ending when it became like every other mainland city, were Hong Kong’s best years, and my favorite. It was a proud, ... ( read original story ...)
Chinese firms flood into U.S. IPOs despite delisting threat
The U.S. government is threatening to delist Chinese companies that do not meet U.S. accounting standards, but mainland firms are rushing to offer their shares on New York exchanges, sometimes in ... ( read original story ...)
SoftBank-Backed AI Startup Is Said to Eye Hong Kong, China IPO
SenseTime Group Ltd., China’s largest artificial intelligence company, is exploring a dual listing in Hong Kong and China as it closes in on $1.5 billion of pre-IPO financing, according to people ... ( read original story ...)