HONG KONG (Reuters) - Chinese artificial intelligence (AI) start-up SenseTime Group, valued at more than $2 billion, is planning an IPO and aims to open a U.S. research and development center as early as next year, its founder told Reuters. The Hong Kong ... ( read original story ...)
China’s SenseTime plans IPO, U.S. R&D centre as early as 2018
HONG KONG, Nov 23 (Reuters) - Chinese artificial intelligence (AI) start-up SenseTime Group, valued at more than $2 billion, is planning an IPO and aims to open a U.S. research and development centre as early as next year, its founder told Reuters. ( read original story ...)
China’s SenseTime plans IPO, aims to open R&D centre in US
HONG KONG, Nov 23 (Reuters) - Chinese artificial intelligence start-up SenseTime Group is planning an initial public offering (IPO) and aims to open a research and development (R&D) centre in the United States as early as next year, its founder told ... ( read original story ...)
Trio Industrial Hong Kong IPO Priced At Mid-Point Of Indicative Range
HONG KONG (Nov 22) -- Hong Kong-based electronic components-maker Trio Industrial Electronics Group on Wednesday said its initial public offering was priced at 62 Hong Kong cents apiece, the mid-point of an indicative range. The company offered 250 million ... ( read original story ...)
Hong Kong’s $163B IPO Bonanza
Nov.19 -- The allure of stocks backed by big names has helped Hong Kong experience its biggest retail investor frenzy since 2009. Data compiled by Bloomberg show that buyers placed orders for $163B worth of equity IPOs so far this year. Bloomberg's Crystal ... ( read original story ...)
S.S.P. Chawrasia shoots 65, leads by 1 at Hong Kong Open
S.S.P. Chawrasia had six birdies and a bogey Thursday for a 5-under 65 and a one stroke lead at the Hong Kong Open, the first event of the 2018 season. Playing in sunny but breezy conditions at the Hong Kong Golf Club, the greens had the players struggling ... ( read original story ...)
Hong Kong ex-minister Patrick Ho ‘staying strong’ as he prepares to plead not guilty to US bribe charge
Patrick Ho Chi-ping, the detained former Hong Kong minister at the centre of an alleged multimillion-dollar bribery scheme between a top Chinese energy firm and two African leaders, is “anxious” but staying strong as he prepares to plead not guilty to ... ( read original story ...)
Chawrasia grabs Hong Kong lead in windy conditions
HONG Kong (Reuters) - India’s SSP Chawrasia mastered windy conditions to grab the first-round lead at the Hong Kong Open with a superb five-under-par 65 in the co-sanctioned event on Thursday. Starting on the 11th hole, the six-time Asian Tour winner ... ( read original story ...)
McKinsey 50,000 teu megaship forecast dismissed as ‘insane’
The concept of the 50,000 teu containership recently forecast by consultants McKinsey was dismissed as neither needed or possible by senior industry executives at a conference in Hong Kong. As containerships grow ever larger McKinsey forecast that come ... ( read original story ...)
Hong Kong Open: PV Sindhu storms into quarter-finals by dismantling Aya Ohori
Rio Olympic silver-medallist PV Sindhu stormed into the quarter-finals of the Hong Kong Super Series after dismantling Aya Ohori of Japan in a straight game win on Thursday. Sindhu triumphed the Japanese 21-14, 21-17 in the second round match which lasted ... ( read original story ...)
HSBC fined record $69m over Lehman-linked sales
HONG KONG • HSBC Holdings' private-banking unit was fined a record HK$400 million (S$69.2 million) over sales of structured products linked to Lehman Brothers Holdings in Hong Kong. HSBC Private Bank (Suisse) will have its licence to advise on securities ... ( read original story ...)
Hong Kong justice minister Rimsky Yuen expected to step down in January
The Standing Committee’s approval is the second part of a three-step process towards implementing the so-called “co-location” arrangement, following the signing of the relevant agreement between Hong Kong and Guangdong last Saturday. Local ... ( read original story ...)
Hong Kong Rugby Union Appoints Ron Rutland as GM of Business Development
The Hong Kong Rugby Union has appointed Mr Ron Rutland as General Manager of Business Development. In the newly created position, Rutland will drive growth in the business effectiveness of the HKRU’s non-Sevens properties, including the domestic men’s ... ( read original story ...)
Hong Kong Finance : DISCLOSEABLE TRANSACTION PROVISION OF FINANCIAL ASSISTANCE (in PDF)
repayment of the whole or part of the said Loan after the date of loan drawdown subject to the Borrowers giving HK Finance not less than one calendar month's advance notice in writing Security : An all-money first legal charge and all-money second legal ... ( read original story ...)