Walk down just about any runway ramp to your airplane at Calgary International Airport and HSBC advertisements are plastered everywhere. In some tunnels to the tarmac, posters that trumpet the ... ( read original story ...)
Hong Kong’s Property Tycoons Hand Over $109 Billion in Empires to Heirs
The last of Hong Kong’s ‘Big Four’ property dynasties is handing over the reins to a younger generation, completing a flood of successions at family empires worth $109 billion. Lee, who will still ... ( read original story ...)
Alibaba’s Hong Kong IPO Is a Brilliant Idea
Alibaba Group Holding Ltd.’s potential plan to raise $20 billion in Hong Kong is huge. That’s not just because $20 billion is a lot of money. After going public in New York, the Chinese e-commerce ... ( read original story ...)
Hong Kong’s Alibaba craze may finally pay off with mega IPO
Hong Kong | Hong Kong is getting a second chance to land the record-breaking deal that got away. Five years after Alibaba Group spurned the city's stock exchange for a $US25 billion ($36.1 billion) ... ( read original story ...)
Virtually ready: Digital-only banks set to open in Hong Kong
but has bills to pay in her native Hong Kong. Like many people in her situation, she pays them online. "I do all my banking remotely and I hate wasting time in bank branches," Law, a director at ... ( read original story ...)
Hong Kong’s Alibaba Craze May Finally Pay Off With Mega-Deal
(Bloomberg) -- Hong Kong is getting a second chance to land the record-breaking deal that got away. Five years after Alibaba Group Holding Ltd. spurned the city’s stock exchange for a $25 billion ... ( read original story ...)
CSSC Shipping launches IPO to raise HK$2.2b
CSSC (Hong Kong) Shipping, the sole leasing company under China State Shipbuilding Corporation, launches a Hong Kong initial public offering today to raise up to HK$2.18 billion.The mainland leasing ... ( read original story ...)
China’s First Bank Seizure in 20 Years Spooks Investors
(Bloomberg) -- The Chinese government’s first seizure of a bank in more than two decades piles fresh pressure on shares of small lenders that already trade at rock-bottom valuations. A Bloomberg index ... ( read original story ...)
Hong Kong’s Second-Richest Man Joins Aging Tycoons in Retirement
(Bloomberg) -- Hong Kong’s second-richest man, Lee Shau Kee, is stepping down as chairman of Henderson Land Development Co., joining the ranks of the city’s aging tycoons handing the reins to the next ... ( read original story ...)
China’s online lenders will give Hong Kong banks a sharp lesson
Their firepower stands to go a long way in eroding the highly profitable cartel of HSBC and its Hang Seng Bank subsidiary in Hong Kong. Hang Seng, in which HSBC holds more than 60%, has ... ( read original story ...)
Influential Hong Kong business body calls for extra safeguards in government’s controversial extradition bill
Three extra layers of safeguards should be introduced to Hong Kong’s contentious extradition bill as those in place do not go far enough, one of the city’s most influential business groups told the ... ( read original story ...)
Hong Kong Hello Kitty Murder: meth paranoia or product of a violent decade and the films it spawned?
Photo: SCMP Hong Kong was plagued by a rash of gang violence in the 1990s. Criminals such as “Big Spender” and “Teeth Dog” were household names, their bold attacks and robberies regularly splashed ... ( read original story ...)
Hong Kong’s Rosewood hotel offers the luxury of space
The luxuriousness begins with a drive up a curving cobblestoned driveway toward the gleaming golden tower, designed by New York architects Kohn Pedersen Fox Associates to be the flagship of the ... ( read original story ...)
Room for each: Supply catching up with demand in Hong Kong’s high-end hotel market
The St. Regis touts itself as the easternmost luxury property on Hong Kong Island, situated in Wan Chai, an area known for its bars and restaurants. Modelled after the chain’s first location in New ... ( read original story ...)