The startup aims to help restaurants increase their profitability ... Last year it expanded into four more markets–Malaysia, Hong Kong, India and the Philippines–and Hong Kong already is its best market in terms of revenue. It boasts 160 employees ... ( read original story ...)
Chinese smartphone maker Xiaomi files for huge Hong Kong IPO
Xiaomi, one of the world's leading smartphone makers, has filed to go public in Hong Kong in what could be the biggest ... Xiaomi, one of the world's most valuable startups, declined to comment Thursday on the value of the IPO, which is expected to happen ... ( read original story ...)
Xiaomi, Chinese Gadget Maker, Opens Floodgates for Hong Kong I.P.O.s
They were able to offer so-called dual-class shares, which give shareholders little say in the operations of the business. Until last week, Hong Kong, which has stricter rules than New York, had not allowed such listings. In its filing on Thursday with ... ( read original story ...)
Should Mandarin replace Cantonese in Hong Kong? No, says Carrie Lam
Hong Kong’s leader on Thursday dismissed a controversy over the use of Mandarin in public schools and whether Cantonese could be considered the city’s mother tongue as a “non-issue”, telling legislators her administration had no plan to change its ... ( read original story ...)
China’s Xiaomi picks Hong Kong for $10 billion IPO, lifts lid on financials
Hong Kong is eyeing several tech listings in the coming two years ... coming to Hong Kong that there is a clear pathway," said Keith Pogson, senior partner for financial services at EY. Xiaomi said it would have a weighted voting rights (WVR) structure ... ( read original story ...)
LuLu Financial Group Commences Operations in Hong Kong
HONG KONG--(BUSINESS WIRE)--May 3, 2018--LuLu Financial Group, the leading financial services and payments solution brand, started its operations in Hong Kong with the inauguration of their head office at Hankow Centre in Kowloon. This press release ... ( read original story ...)
HONG KONG | Chinese smartphone maker Xiaomi files for Hong Kong IPO
HONG KONG — Chinese smartphone maker Xiaomi filed documents Thursday with Hong Kong’s stock exchange operator for an initial public offering that could be the world’s biggest share sale in years. Beijing-based Xiaomi is the world’s fourth biggest ... ( read original story ...)
HONG KONG | Asia shares mixed as markets mull Fed, China trade talks
HONG KONG — Asian shares were mixed on Thursday as investors analyzed ... they’re overly concerned that inflation will overshoot that. “With much of the good news in the equity world currently factored in, investors are left mulling over the ... ( read original story ...)
China’s Xiaomi files for mega Hong Kong tech IPO, lifts lid on financials
BEIJING/HONG KONG (Reuters) - Smartphone and connected device maker Xiaomi [IPO-XMGP.HK] filed for a Hong Kong initial public offering on Thursday that could raise $10 billion and become the largest listing by a Chinese technology firm in almost four years. ( read original story ...)
Hong Kong girl, 10, arrested for HK$5 million jewellery theft may have been beaten with hanger by father
A primary school girl arrested on suspicion of stealing HK$5 million (US$641,000) worth of jewellery from her father’s friend may have been a victim of child abuse, according to police sources. Police listed a case of suspected child abuse at 5am on ... ( read original story ...)
Energy firm executive makes surprise appearance at former Hong Kong minister Patrick Ho’s bail hearing
The appearance of an unusual audience member at detained former Hong Kong minister Patrick Ho Chi-ping’s bail hearing has raised further questions about his links to a Chinese energy conglomerate. Liu Yadong, an executive from CEFC China Energy’s ... ( read original story ...)
Xiaomi launches $10bn Hong Kong stock market listing
Chinese smartphone maker Xiaomi has filed to list on Hong Kong stock market, in a move that is expected to raise up to $10bn (£7.5bn). The stock market flotation will be the world's biggest debut in 2018, and the largest since fellow China tech giant ... ( read original story ...)
Xiaomi, a Chinese Start-Up, Picks Hong Kong for a Major I.P.O.
HONG KONG — Xiaomi, the Chinese gadget maker that has become one of the world’s largest smartphone companies, has picked Hong Kong to list its shares in what is widely expected to be a major initial public offering. The choice is a victory for the ... ( read original story ...)
Compass Offices Continues to Push the Frontiers of Flexible Workspace in Hong Kong
HONG KONG--(BUSINESS WIRE)--May 2, 2018--Compass Offices, Hong Kong’s fast expanding flexible workspace provider has launched its own dedicated co-working space on the 5 th floor of Silvercord Tower 2 right in the heart of Tsim Sha Tsui’s business ... ( read original story ...)