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Posted on 22/01/2025

Smithfield Foods seeks up to $10.7 billion valuation in US IPO

Smithfield Foods is targeting a valuation of up to $10.73 billion in its New York flotation, the biggest U.S. pork processor said on Tuesday, moving closer to its U.S. stock market return after more ...

Posted on 22/01/2025

How Hong Kong can cut wasteful spending and boost revenue

Reducing energy consumption and reclaiming plastic bag levy revenues are just some options available instead of cutting public services The government and general public alike should have deep ...

Posted on 22/01/2025

Hong Kong should offer tax benefits to attract e-commerce, ‘review’ civil service to boost economy, Deloitte says

Hong Kong should offer tax benefits to cross-border e-commerce platforms to attract such businesses and look at reviewing the civil service as ways to boost the economy, accounting firm Deloitte has ...

Posted on 22/01/2025

Hong Kong sends team to Bangkok to help victim of Southeast Asian scam farm

Hong Kong’s security authorities have dispatched another team of officials to assist a local man who was said to be trapped in Thailand after he was released from a scam compound in Myanmar. Former ...

Posted on 22/01/2025

Scrapping it would shake confidence, jeopardise reliability and introduce currency volatility, one of the most significant risks in investment

Scrapping it would shake confidence, jeopardise reliability and introduce currency volatility, one of the most significant risks in investment.

Posted on 22/01/2025

Internet celebrity faces backlash over affair with Hong Kong Tai Sang Bank chairman Patrick Ma, 32 years her senior

Online influencer Rachel Chung, 34, has faced criticism after revealing her affair with Patrick Ma, the 66-year-old chairman of Hong Kong’s Tai Sang Bank.

Posted on 22/01/2025

Pork Giant Smithfield Foods Unveils Terms of Planned IPO

Key Takeaways Smithfield Foods unveiled terms Tuesday for its planned initial public offering, with the largest U.S. pork producer expecting shares to price between $23 and $27 each.The midpoint of ...

Posted on 22/01/2025

HSBC cuts ZTO Express stock rating to Hold, slashes target

HSBC analysts issued a downgrade for ZTO Express (NYSE:ZTO) shares, changing their recommendation from Buy to Hold. Accompanying this downgrade, the price target was also reduced from $28.00 to $20.00 ...

Posted on 22/01/2025

84-Year-Old Hong Kong Man’s Skin, Nails Turn Grey: Experts Decode This Strange Health Issue

Hong Kong man diagnosed with rare disorder after experiencing symptoms of grey nails and skin. Know all about this condition and the causes behind it.

Posted on 22/01/2025

Hong Kong seeks better US ties but blasts ‘shameless’ former VP Pence

Hong Kong tried on Tuesday (Jan 21) to reset its relationship with new US President Donald Trump but sent mixed messages by also condemning "malicious" comments by his former deputy about jailed med ...

Posted on 22/01/2025

Hong Kong eyes medical innovation with new key initiatives

One goal is to create a ‘GBA Clinical Trial Collaboration Platform’. The Steering Committee on Health & Medical Innovation Development, chaired by Health Secretary Lo Chung-mau, held its second ...

Posted on 21/01/2025

Property giant Country Garden up 25% as it resumes Hong Kong trading

Shares in Chinese property giant Country Garden soared more than 25 percent in Hong Kong on Tuesday, after the embattled firm resumed trading in the city following a nine-month suspension. The company ...

Posted on 21/01/2025

New Hong Kong land, property registry should include existing owners: lawmaker

Legislator Edward Lau proposes allowing land and property owners to voluntarily transfer their title deeds to the new system.

Posted on 21/01/2025

Smithfield Foods targets up to $10.7 billion valuation in US IPO

(Reuters) - Smithfield Foods is targeting a valuation of up to $10.73 billion in its U.S. initial public offering, the Farmland bacon maker said on Tuesday. Hong Kong-based WH Group, the world's ...

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