Anti-tumour drug researcher Ascentage Pharma has become the latest Chinese biotechnology company to choose Hong Kong for going public, in further evidence that an impending listing rules revamp will help the city take market share from New York, the ... ( read original story ...)
BOC Aviation Says to Buy Six Boeing Aircraft Worth $1.7 Billion
HONG KONG — BOC Aviation Ltd said on Thursday it would buy six new Boeing 787-9 aircraft from Boeing worth a combined $1.7 billion (£1.2 billion) at list prices. Asia's second-biggest aircraft lessor, which had 491 aircraft as of the end of last year ... ( read original story ...)
Hong Kong makes use of rooftop farm
High above downtown Hong Kong's bustling, traffic-clogged streets, a group of office workers was toiling away not on a corporate acquisition or a public share offering but on harvesting a bumper crop of lettuce atop one of the skyscrapers studding the city ... ( read original story ...)
Hong Kong’s investment watchdog suggests curbs on robot advisers and online trading platforms
Online share trading platforms and financial firms using so-called “robo advisers” instead of human beings are facing more curbs from Hong Kong’s Securities and Futures Commission (SFC), according to a revamped guideline document issued on Wednesday ... ( read original story ...)
Shares in a Hong Kong magazine publisher surged almost 900% on their first day of trading
Hong Kong media company sees shares jump almost 900% on day of IPO. Shares in Most Kwai Chung, a media firm which publishes a popular satirical magazine, climbed from HK$1.2 (£0.11; $0.15) to a high of HK$11.76 (£1.06; $1.50). "We feel surprised about ... ( read original story ...)
Publisher of Hong Kong satirical magazine 100Most soars as much as tenfold on market debut after record demand
Hong Kong media firm Most Kwai Chung, which runs popular satirical magazine 100Most and a digital media site tapping into Hong Kong’s youth culture, saw its stock soar as much as tenfold on its trading debut after attracting the most public subscriptions ... ( read original story ...)
Most Kwai Chung, Hong Kong’s most oversubscribed IPO stock, soars tenfold on trading debut
Most Kwai Chung, which runs popular satirical magazine 100Most and a digital media site tapping into Hong Kong’s youth culture, saw its stock soar tenfold at the start of its trading debut on Wednesday. The firm’s initial public offering had attracted ... ( read original story ...)
12 entrepreneurs from Hong Kong and 59 from China make Forbes 30 Under 30 Asia List for 2018
The 300 people featured comprise 30 names in 10 categories. The list also included 12 entrepreneurs from Hong Kong, such as Liu Tao, a co-founder of MioTech, who is listed under “finance and venture capital”; Vincent Lim, a co-founder of Lim + Lu ... ( read original story ...)
Former financial secretary John Tsang looks to start fund for budding Hong Kong entrepreneurs
Former Hong Kong financial secretary John Tsang Chun-wah announced plans to set up a fund to help aspiring entrepreneurs in the city on Monday. Revealing the idea in a Facebook interview with Citibank, Tsang said he hoped to use his network of contacts to ... ( read original story ...)
Investors urged to play a stronger role in developing Hong Kong start-ups
The “Greater Bay Area” economic development project will boost Hong Kong’s start-up ecosystem, although investors need to play a stronger role and take more risks, experts at a major business event in the city heard on Tuesday. The audience at South ... ( read original story ...)
Hong Kong MTR fares set to rise by 3.14 per cent
Hong Kong’s profitmaking railway operator is set to raise ticket prices by 3.14 per cent this summer, prompting renewed calls for an overhaul of its controversial fare adjustment mechanism. With government data paving the way for the MTR Corporation to ... ( read original story ...)
Satirical magazine publisher Most Kwai Chung makes Hong Kong IPO history with retail offer oversubscribed 6,000 times
Most Kwai Chung, which runs popular Hong Kong satirical magazine 100Most and a digital media site tapping into local youth culture, has made history in the city with retail investors seeking more than 6,000 times the number of shares in its initial public ... ( read original story ...)
Citigroup names new APAC head of corporate, investment banking – memo
HONG KONG (Reuters) - Citigroup Inc (C.N) has named its global co-head for technology investment banking, Jan Metzger, as its new Asia Pacific head of corporate and investment banking (CIB), according to an internal memo seen by Reuters on Tuesday. ( read original story ...)
Hong Kong’s skyline farms harvest more happiness than food
HONG KONG (AP) — High above downtown Hong Kong's bustling, traffic-clogged streets, a group of office workers was toiling away not on a corporate acquisition or a public share offering but on harvesting a bumper crop of lettuce atop one of the ... ( read original story ...)