HONG KONG—STX Entertainment, a young Hollywood studio behind the “Bad Moms” movie and the upcoming “The Foreigner,” is planning to raise around $500 million in an initial public offering that could value the company at $3.5 billion, according to ... ( read original story ...)
Hong Kong audit regulation bill likely this year: FRC CEO
HONG KONG (Reuters) - A bill giving the Financial Reporting Council (FRC) full responsibility for auditors will be put to Hong Kong’s Legislative Council (LegCo) before the end of 2017, the regulator’s chief executive said on Tuesday. The move is among ... ( read original story ...)
UK banker to appeal Hong Kong convictions in women’s murders
A British banker serving a life sentence in Hong Kong for murdering two Indonesian women, including one he spent days torturing while on cocaine, is seeking to appeal his conviction, his lawyer said Wednesday. Rurik Jutting is appealing on the grounds of ... ( read original story ...)
U.K. banker to appeal murder convictions in Hong Kong
HONG KONG - A British banker serving a life sentence in Hong Kong for murdering two Indonesian women, including one he spent days torturing while on cocaine, is seeking to appeal his conviction, his lawyer said Wednesday. Rurik Jutting is appealing on the ... ( read original story ...)
The latest and breaking Hong Kong news.
Lee Bo, who Britain said was “involuntarily removed” from Hong Kong to China, appears on TV and claims his British passport has complicated his predicament ( read original story ...)
Hong Kong tourism sector expects ‘super golden week’ to be boon for business
Hong Kong’s tourism and dependent industries were optimistic on Wednesday that an extended holiday on the mainland – dubbed “super golden week” – would translate into a boost in profits, with double the amount of tour groups expected and hotel ... ( read original story ...)
Hong Kong Lifestyle Expo in Dubai promotes business cooperation
The Lifestyle Expo in Dubai is being held to foster business collaboration between the Chinese mainland, Hong Kong and the United Arab Emirates (UAE) as well as the rest of the Middle East-Africa (MEA) region, helping companies seize the enormous business ... ( read original story ...)
Legal entitlements of Hong Kong’s same-sex couples unlikely to change, experts say
The decision to grant a spousal visa to a gay woman has been welcomed by business groups and banks and heralded as a mood change on LGBT rights in Hong Kong – but it won’t affect the legal entitlement of same-sex couples to other benefits, according to ... ( read original story ...)
Alibaba takes control of logistics business, pledges $15 billion to expand network
HONG KONG/BEIJING (Reuters) - Chinese e-commerce firm Alibaba Group (BABA.N) has taken control of logistics unit Cainiao and pledged to spend 100 billion yuan ($15 billion) over five years to build out a global logistics network, underscoring aggressive ... ( read original story ...)
China, Hong Kong stocks steady as upbeat industrial data eases slowdown fears
Chinese and Hong Kong stocks were firm in Wednesday trade, with resources shares rebounding sharply after China's upbeat August industrial profit data and robust earnings forecast by a major steelmaker helped ease fears of China's economic recovery losing ... ( read original story ...)
Alibaba’s Ant Financial partners with Hutchison to develop its Alipay service in Hong Kong
Ant Financial, the Alibaba affiliate that operates payment service Alipay and other digital finance products, has continued its Asia expansion with a move into Hong Kong. Alipay and Alibaba’s MyBank digital bank dominate in China, where they are used by ... ( read original story ...)
Hong Kong Stock Market May See Continued Support
BOC Hong Kong eased 0.13 percent and Sands China, Lenovo Group and China Life were unchanged. The lead from Wall Street is inconclusive as stocks were lackluster on Tuesday, lingering near the unchanged line before closing mixed. The Dow dipped 11.77 ... ( read original story ...)
Singapore Home Prices Have Bottomed, Hong Kong’s Are ‘Crazy’: BNP
Singapore home prices have reached a bottom and will rebound, while Hong Kong’s “crazy” housing market will continue to defy gravity, according to BNP Paribas SA. “Very significant” income growth will drive the first leg of a recovery in home ... ( read original story ...)
Freight Startup Flexport Raises $110 Million And Turns Down A $1 Billion Valuation
Flexport is one of the 25 companies on Forbes’s 2017 list of next billion-dollar startups. Flexport CEO and founder Ryan ... led by DST Global, the Hong Kong-based firm headed by billionaire Yuri Milner that once owned 8% of Facebook. ( read original story ...)