IPO proceeds in Hong Kong fell 35 per cent to US$1.5 billion in the first half, but a surge is in progress, according to KPMG and EY.
HSBC Reportedly Weighing Sale of French Life Insurance Biz
HSBC HOLDINGS (00005.HK) is pondering on the sale of its French life insurance business, and is now in the preliminary stage of exploring potential buyers' interests, Bloomberg reported. People with ...
Chinese ride-hailing giant Didi Chuxing says it has no timetable for Hong Kong IPO
Chinese ride-hailing giant Didi Chuxing, whose New York initial public offering (IPO) in 2021 triggered a cybersecurity investigation by mainland authorities that led to its delisting and a $1.2 ...
Hong Kong – Art Diligence: The Key To Making Informed Art Investments.
Buyers should be aware of money laundering, sanctions, tax, import and export issues. In particular, money laundering and evasion of sanctions concerns have led to a significant increase in scrutiny of the art market by the authorities in the United States, United Kingdom and the European Union.
Inside the handover of Hong Kong
During the negotiations between the UK Foreign Office and the Chinese government that led to the 1997 handover of Hong Kong to China, I was engaged in the fruitless search for oil in the South ...
Hong Kong to Keep Stock Market Open During Severe Weather Conditions
Hong Kong will allow trading on its exchanges during severe weather conditions, as part of the exchange’s efforts to maintain the financial center hub’s appeal to investors.
Hang Seng Index Closes Down, With Hong Kong Stocks ‘Directionless’ After China Data
Hong Kong's Hang Seng Index closed 0.1% lower at 17915.55, dragged by tech-related and consumer stocks. The bourse appears to be directionless after Monday's mixed China economic data, Sonija Li, head ...
Hong Kong ranks fifth in the annual ranking of the world’s most competitive economies
Hong Kong claims the number one spot for international trade, with business efficiency and infrastructure ranking seventh and ninth respectively. In terms of other indicators, employment rose by 20 ...
Chinese ride-hailing firm Didi says no timeline on Hong Kong IPO
Chinese ride-hailing company Didi said on Tuesday it has no timeline set for when it will list again on public markets, amid rumors that it is preparing ...
US college basketball’s top tier beckons for Hong Kong’s Yannie Chan after move to Iona
Hong Kong starlet Yannie Chan Yan-man said that she wanted to challenge herself at college basketball’s highest level after deciding to switch between US universities last month to join Iona. Leaving Emmanuel College in Boston after three full years,
Explainer: The Path to Equal Protection for Hong Kong’s LGBTQ+ Community Post-2023 CFA Ruling
In September 2023, the Hong Kong Court of Final Appeal (CFA) handed down a landmark ruling in the case of Sham Tsz Kit v. Secretary for Justice. By a narrow 3-2 majority, the court decided that
China’s property measures give sales a boost, but only in big cities
China's latest property support measures have boosted transactions in its biggest cities, but activity in smaller localities is struggling to get off the ground, pointing to more pain ahead for most ...
Hong Kong stocks cautious, awaiting policy support after China data disappoints
Hong Kong stocks eased at the noon trading break on Tuesday as investors awaited increased policy support from Beijing amid China’s sluggish economic data and trade frictions with the European Union.
Hong Kong’s SFC Kicks out All Unlicensed Crypto Exchanges
Hong Kong’s Securities & Futures Commission (SFC) has required all unlicensed virtual asset trading platforms (VATPs) to exit the city starting tomorrow, June 1, 2024. SFC states, “All VATPs operating ...