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Posted on 10/12/2024

Hong Kong Blank-Check Firm Suspends Trading After Scrapping De-SPAC

Blank-check firm Vision Deal HK Acquisition Corp. suspended trading of its shares and warrants in Hong Kong starting Tuesday after its combination with a target company failed to materialize.

Posted on 10/12/2024

Why Hong Kong ballad Below the Lion Rock was an enduring hit, and what it stood for

Named after a peak below which hunkered squatter villages, the song for RTHK by Joseph Koo and James Wong Jim resonated in 1970s Hong Kong.

Posted on 10/12/2024

China Announces Visa Restrictions on US Personnel Over Hong Kong ‘Interference’

BEIJING (Reuters) - China has decided to impose visa restrictions on some U.S. personnel who it said have "behaved badly" on Hong Kong-related issues and "interfered" in Hong Kong affairs, its foreign ...

Posted on 10/12/2024

Makeup Artist Mao Geping Becomes Billionaire After Company’s Hot IPO

Mao Geping, the 60-year-old makeup artist, has become a billionaire thanks to a successful listing of his eponymous cosmetics brand in Hong Kong.

Posted on 10/12/2024

China make-up mogul nears billionaire status with Hong Kong IPO

His namesake firm, Mao Geping Cosmetics, could raise up to HK$2.1 billion (S$362 million) in the listing. Read more at straitstimes.com.

Posted on 10/12/2024

Hang Seng Index Due For Consolidation

The Hong Kong stock market has moved higher in two straight sessions, rallying more than 850 points or 4.2 percent along the way. The ...

Posted on 10/12/2024

Jimmy Lai’s view Hong Kong would become like mainland China was conjecture: judges

Justices interject in fiery exchange with former media owner, who insists he was telling truth about predicted changes on live-streamed show.

Posted on 10/12/2024

Chinese Cosmetics Maker Surges in Hong Kong Trading Debut

Mao Geping Cosmetics shares jumped in their trading debut in Hong Kong after an oversubscribed offering that underscores appetite for fresh listings in the Asian financial hub.

Posted on 10/12/2024

Hong Kong IPO: Chinese cosmetics firm Mao Geping shines on debut as shares surge 70%

Chinese cosmetics firm Mao Geping made a blistering trading debut in Hong Kong, with the city’s initial public offering (IPO) market poised to end the year on a high. Trading under the 1318 code, Mao ...

Posted on 10/12/2024

Hong Kong, Shanghai rally on China optimism as Seoul rebounds

Hong Kong and Shanghai stocks rallied Tuesday after China pledged to adopt a looser monetary policy to revive the stuttering economy, while Seoul rebounded after days of losses fuelled by the brief ...

Posted on 10/12/2024

China, Hong Kong stocks surge at open on Beijing’s stimulus promise

Authorities will also step up "unconventional" counter-cyclical adjustments, focusing on expanding domestic demand and boosting consumption ...

Posted on 10/12/2024

Asia: Hong Kong, Shanghai rally on China optimism as Seoul rebounds

HONG Kong and Shanghai stocks rallied on Tuesday after China pledged to adopt a looser monetary policy to revive the stuttering economy, while Seoul rebounded after days of losses fuelled by the brief ...

Posted on 10/12/2024

Hong Kong restaurant chain Itacho Sushi closes last outlet there after founder’s death from pancreatic cancer

He revealed his cancer diagnosis in 2017, while he was fighting a lawsuit filed by his former business partners, who accused him of breaching his fiduciary duties to their company by secretly opening ...

Posted on 10/12/2024

Hong Kong revs up tech hub ambition with AI supercomputing center debut

HONG KONG, Dec. 9 (Xinhua) -- Hong Kong's largest artificial intelligence (AI) supercomputing center officially commenced operation Monday, providing the much-needed computing power to bolster the ...

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