HONG KONG (Reuters) - Chinese ride-hailing giant Didi Chuxing Technology Co Ltd is looking to spin off its car services unit in a deal worth up to $1.5 billion, ahead of its expected initial public of... ( read original story ...)
Hollywood studio STX poised to be first US firm to raise funds in Hong Kong with August IPO
STX Productions LLC, the Hollywood studio behind Jackie Chan’s The Foreigner, could go public in Hong Kong as early as August, according to the chief executive of one of its biggest investors, becomin... ( read original story ...)
Hong Kong’s Fight for IPOs
Now, with the first half of 2018 already in the past, is an excellent time to assess the Hong Kong IPO market. There was some speculation that Hong Kong was about to go through some tough times. This ... ( read original story ...)
Singapore sovereign wealth fund GIC to invest US$75 million in Chinese drug maker Ascletis’ Hong Kong IPO
Ascletis Pharma, the first biotechnology firm to file for an IPO in Hong Kong following recent listing reforms, has secured commitment from Singapore sovereign wealth manager GIC to become a cornersto... ( read original story ...)
STX eyes August IPO on Hong Kong Stock Exchange
STX Entertainment could go public as soon as August on the Hong Kong Stock Exchange. The timing was revealed in an interview with John Zhao, CEO of Hony Capital, which is one of the studio’s major inv... ( read original story ...)
Pro-independence Hong Kong party faces possible ban
Chan said he suspected the proposed ban is related to a trip he made to Taiwan earlier this month, when he held a news conference with politicians there to talk about the human rights situation in Hon... ( read original story ...)
U.S. consumers to bear trade war cost: Hong Kong business leaders
(ECNS) - There will be no winner in a Sino-U.S. trade friction while American consumers will bear the consequences, some Hong Kong business leaders said at a meeting on Monday. Edward Yau Tang-wah, se... ( read original story ...)
In a first, Chinese-ruled Hong Kong moves to ban separatist group
HONG KONG (Reuters) - Hong Kong on Tuesday kick-started a process which could lead to a ban on a group that promotes secession from China, the first time since the former British colony's return to Ch... ( read original story ...)
Hong Kong May Ban Political Party That Seeks Independence From China
HONG KONG — The Hong Kong authorities said Tuesday they were considering banning a political party that advocates the city’s independence from China, an aggressive move against separatist sentiments t... ( read original story ...)
Tricor Appoints Joe Wan as Deputy CEO of Hong Kong
HONG KONG--(BUSINESS WIRE)--Tricor Group (“Tricor”), is Asia’s leading provider of business, corporate and investor services. Our Hong Kong operations is the flagship business with over 10,000 clients ... ( read original story ...)
Hong Kong should be worried about the US-China trade war. Here’s why
This too points to long-term decline for the huge trade in components and subassemblies at the heart of business through Hong Kong into the Pearl River Delta’s export processing factories. Even if the ... ( read original story ...)
Hong Kong regulator, banks launch blockchain-based trade finance platform
HONG KONG (Reuters) - Hong Kong’s banking regulator and seven banks, including HSBC Holdings PLC and Standard Chartered PLC, on Tuesday said they will jointly launch a trade finance platform in Septem... ( read original story ...)
Hong Kong men look for sex on WeChat, end up scammed out of HK$10 million in six months
About 300 Hong Kong men seeking sex services lost nearly HK$10 million (US$1.3 million) in just six months, to swindlers posing as foreign women studying in the city, prompting police to issue a scam ... ( read original story ...)
Hong Kong’s first bike-sharing startup to end services this week
GoBee.bike, the first local bike-sharing firm in Hong Kong, has announced it will cease its operations in the city on July 18, only one year and three months after the services were firstly launched. ... ( read original story ...)