Alibaba Group has kicked off IPO proceedings for its mobile payment business, Ant Group, in Hong Kong and Shanghai, where it reportedly is eyeing a $200 billion valuation. The listings are touted, ... ( read original story ...)
Tech Firms Begin to Abandon Hong Kong Over Security Law
China’s sweeping national security law has forced technology firms to reconsider their presence in Hong Kong. The nimblest among them -- the city’s startups -- are already moving data and people out ... ( read original story ...)
South Korea’s largest web company pulls its data centers from Hong Kong
Naver is the latest technology company that has decided to leave Hong Kong in the wake of China’s tightening grip on the region. The Financial Times reports that the South Korean company behind ... ( read original story ...)
Fear of China driving Hong Kong extradition concerns
With Britain the latest country to scrap its extradition treaty with Hong Kong, the focus in the semi-autonomous Chinese territory has returned to the concerns about China's ... ( read original story ...)
Tech firms start to leave Hong Kong after Beijing enacts security law
About half of U.S. business people say they plan to depart from the territory, according to a recent survey by the American Chamber of Commerce in Hong Kong. ( read original story ...)
Fear of Chinese justice at core of Hong Kong concerns
With Britain the latest country to scrap its extradition treaty with Hong Kong, the focus in the semi-autonomous city has returned to the concerns about China's legal system that sparked months of ... ( read original story ...)
China vows ‘forceful counter-attack’ in escalating row with Britain over Hong Kong
China threatened a "forceful counter-attack" on Tuesday in response to Britain's announcement that it would suspend its extradition treaty with Hong Kong following Beijing's introduction of a national ... ( read original story ...)
Hong Kong reports 61 new coronavirus cases, mostly local transmissions
Hong Kong reported 61 new coronavirus cases on Tuesday, including 58 that were locally transmitted, adding to a slew of new cases which have hit the global financial hub over the past two weeks. Hong ... ( read original story ...)
Hong Kong stocks head for biggest gain in two weeks following Ant Group’s listing
Tech stocks led the charge in Hong Kong after Ant Group, which operates the Alipay online payment platform for the world’s largest e-commerce company, moved to dual list in city and mainland, and Hang ... ( read original story ...)
Tech start-ups begin to leave Hong Kong because of new security law
China's sweeping national security law has forced technology firms to reconsider their presence in Hong Kong. The nimblest among them -- the city's startups - are already moving data and people out or ... ( read original story ...)
Jack Ma’s Ant Group chooses Hong Kong and Shanghai for IPO
One of China's biggest tech firms has chosen to stay home for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny because of rising geopolitical tensions. ( read original story ...)
Company shuns Wall Street IPO amid US-China tensions
One of China's biggest tech firms Ant Group announced that it has chosen Hong Kong and Shanghai for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny ... ( read original story ...)
Hongkong banking, postal, and Inland Revenue services reduced starting July 20
The government has announced new measures effective from today, July 20, that affect Hong Kong’s postal service ... Other facilities like banks which include HSBC, Standard Chartered, Bank of China, ... ( read original story ...)
Hong Kong protesters adapt signs, slogans to skirt new law
Supporters of Hong Kong’s protest movement are adapting their methods since China imposed a feared national security law on the city. ( read original story ...)