Hong Kong bus operator KMB – recently locked in a wage row with ... Mark Nodder, chairman and CEO of Wrights Group, a technological pioneer in public transport, revealed the news in an exclusive interview with the Post. During a visit to the city last ... ( read original story ...)
Hong Kong-listed companies need greater board independence, AllianzGI says
A key reason for the perceived non-independence is that many board directors in Hong Kong have ongoing business relationships with, or are affiliated with, the controlling shareholders, said Eugenia Unanyants-Jackson. It is also very rare in Hong Kong to ... ( read original story ...)
Interview: Alexandra Andersson, protector of Hong Kong’s pangolins – cute, harmless, and endangered
“Something like that,” says Andersson, the daughter of a Swedish investment banker who came to Hong Kong for business reasons. Smugglers just treat pangolins as a business opportunity, in the knowledge they are breaking the law. “They probably know ... ( read original story ...)
Hong Kong slow to act on suspected money-laundering scheme that duped Filipino maids, legal experts say
In return, she expected to receive a “personal UK passport, 15 air tickets to London and an opportunity to explore the UK business market”. Ylagan, a Philippine native and long-time Hong Kong resident, claimed in the statement that no cash as ... ( read original story ...)
Week in Review: Grail Plans $500 Million Hong Kong IPO for Cancer Diagnostics
Grail, a US spinout from Illumina (NSDQ: ILMN) that is developing blood-based cancer detection tests, is considering a $500 million Hong Kong IPO (see story). Last year, Grail completed a $900 million Series B fundraising, the largest ever. In June, Grail ... ( read original story ...)
Faster, cheaper MRIs a new breast-screening option from Hong Kong start-up
Women worried about the discomfort of having a mammogram, or the high cost of magnetic resonance imaging (MRI) screening, may soon have another way of checking their breast health. Galen MRI Systems recently debuted its EMMA machine, designed for quicker ... ( read original story ...)
Hong Kong looking into tax deduction for renters, finance chief reveals on post-budget radio show
Hong Kong residential tenants hoping for rental rebates missed out on a new tax deduction in this year’s budget because there was no time to upgrade the government’s computer system, Financial Secretary Paul Chan Mo-po revealed on Thursday. But he said ... ( read original story ...)
Greedy Hong Kong landlords lick lips over rental idea
So it sounds like it’s a serious idea, and may be coming for renters in the next financial year. Grass roots got more this year, Hong Kong finance chief says in defence of budget But, you know landlords in this town. They don’t like long leases and ... ( read original story ...)
Macau | BOC Macau branch to issue MOP5.08 billion worth in unsecured notes
The notes – to be denominated in Chinese yuan at fixed rates – will be traded on the Hong Kong Stock Exchange ... Fitch first rated BOC’s MTN programme ‘A’/’F1’ on December 9, 2013 – subsequently affirmed on May 23, 2017. ( read original story ...)
Hong Kong : Hong Kong attracts IPO of biotech firm backed by Bezos, Gates
Feb 28, 2018 (Euclid Infotech Ltd via COMTEX) -- Grail Inc, a cancer detection firm backed by the world's two richest men, is planning a Hong Kong initial public offering in a win for the city's attempts to draw biotech listings, people familiar with the ... ( read original story ...)
Grail, a US-Hong Kong Diagnostics Company, May Stage $500 Million Hong Kong IPO
Grail, a US spinout from Illumina that is developing blood-based cancer detection tests, is considering a $500 million Hong Kong IPO. Last year, Grail completed a $900 million Series B fundraising, the largest ever. In June, Grail merged with Cirina, a ... ( read original story ...)
Bezos-Backed Cancer Screening Startup Pursues Hong Kong for IPO
Details Of JSW-Aion’s Resolution Plan For Monnet Ispat When A Prime Minister Retains Office By Learning From Leader Of Opposition Mid-Cap IT: Growth, But At A Hefty Premium? HDFC To Launch Rs 1,900 Crore QIP This Week Earnings Can Double If Capex Is In ... ( read original story ...)
Citi’s Hong Kong chief, Weber Lo, quits to join non-financial firm
The Hong Kong head of banking giant Citi, Weber Lo, has resigned to join a non-financial firm, according to an internal email seen by the South China Morning Post. He will join a company in the Greater China region, according to Francisco Aristeguieta ... ( read original story ...)
Hong Kong bankers still shun the suburbs even as housing costs surge
a Hong Kong-based banking professional who has two children and is also the founder of The Private Placement Group. “We didn’t want to pay still-high rent in Kowloon for marginally more space, at the cost of being further away from Central.” ( read original story ...)