There had been rumours of capital flight from Hong Kong because of worsening relations between the US and China, and social unrest that dominated much of last year. HKMA to co-pay new hires in banking ... ( read original story ...)
Hong Kong’s mom-and-pop investors squeeze funds as IPO sizzle
As Hong Kong's stock market prepares for billions of dollars in sales of new shares, global fund managers have a big challenge - competing with the city's army of mom-and-pop investors for a slice of ... ( read original story ...)
Exclusive: SenseTime eyes STAR market IPO after $1.5 billion fundraising – sources
Chinese start-up SenseTime is considering an initial public offering (IPO) on China's tech-focused STAR market after its latest fundraising that will value the company at $10 billion, three people ... ( read original story ...)
TikTok owner ByteDance may reportedly scrap plans for a blockbuster global IPO and just list its Chinese business at home instead
TikTok owner ByteDance is considering scrapping a global IPO in favor of a listing of just its Chinese business, Reuters reported Friday. The ... ( read original story ...)
Breakingviews – Corona Capital: Nokia, Hong Kong, UK digital bank
Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. ( read original story ...)
China’s central bank urges antitrust probe into Alipay, WeChat Pay -sources
The State Council’s antitrust committee has been gathering information on Alipay, owned by Ant Group which in turn is an affiliate of Alibaba Group Holding Ltd, as well as on Tencent Holdings Ltd’s ... ( read original story ...)
Hong Kong elections postponed following crackdown on opposition candidates
Hong Kong's chief executive Carrie Lam blames the worsening COVID-19 situation, but the opposition see it as a further sign of Beijing's hold on the city ... ( read original story ...)
Hong Kong Postpones Elections Over Virus As China Crackdown Deepens
Hong Kong's democracy supporters were dealt a huge blow Friday as authorities postponed local elections because of the coronavirus, capping a devastating month of political disqualifications, arrests ... ( read original story ...)
Hong Kong expected to delay vote after opposition candidates barred
Hong Kong leader Carrie Lam is expected to announce on Friday the postponement of Sept. 6 city assembly elections because of a spike in coronavirus cases, putting off what the pro-democracy opposition ... ( read original story ...)
Shocked Hong Kong in a New Era Under ‘White Knuckle’ China Grip
PHOTO: Women walk past a government-sponsored advertisement promoting the new national security law as a meeting on national security legislation takes place in in Hong Kong, China June 29, 2020. ( read original story ...)
Yuu: The new customer rewards club from Dairy Farm Group, Hang Seng Bank and Jardine Restaurant Group
Dairy Farm Group and its associated partners Hang Seng Bank and Jardine Restaurant Group announce the launch of Hong Kong’s biggest customer rewards club app, yuu. Available for download on the App ... ( read original story ...)
Exclusive: Urged on by central bank, China weighs antitrust probe into Alipay, WeChat Pay – sources
China's top antitrust agency is looking at whether to launch a probe into Alipay and WeChat Pay, prompted by the central bank which argues the digital payment giants have used their dominant positions ... ( read original story ...)
Exclusive: TikTok owner ByteDance considers listing China business in Hong Kong or Shanghai – sources
Chinese tech giant ByteDance is considering listing its domestic business in Hong Kong or Shanghai, people familiar with the matter told Reuters, against a backdrop of rising Sino-U.S. tensions over ... ( read original story ...)
Defiant Hong Kong Activists Vow To Resist China Crackdown
Hong Kong's democracy camp will continue to fight communist China's crackdown on political freedoms, activists vowed Friday after a devastating month of election disqualifications, arrests for social ... ( read original story ...)