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Posted on 09/09/2024

Hong Kong Refuses Entry to German Activist Who Went to China

A German political activist was denied entry to Hong Kong from mainland China, a rare case where immigration policy appeared more restrictive in the once-freewheeling finance hub than the rest of the ...

Posted on 09/09/2024

Midea’s Hong Kong IPO to raise $3.5 billion, possibly the biggest offering in 2024

Midea Group, the world's largest home appliance maker, announced on Sunday plans to raise up to HK$27 billion ($3.46 billion) in an IPO at the Hong Kong Stock Market, possibly the biggest IPO at the ...

Posted on 09/09/2024

Scammers get Hong Kong man, 74, to stay in hotels for a week, steal HK$16 million from him

Police say retiree fell to phone scammer who impersonated mainland government investigator, while alleged suspect in con possibly a victim himself.

Posted on 09/09/2024

Insurers adapt to serve Hong Kong, Singapore family offices

UHNW and HNW families are expected to reach $5.8t in wealth by 2030. The surge in family offices across Hong Kong and Singapore is opening up new avenues for insurers. As ultra-high-net-worth (UHNW) ...

Posted on 09/09/2024

Letters from readers: Hong Kong needs show promoting inventions and startups, favourite foods and panda twins

This week, readers tell us why the city should have its own version of ‘Shark Tank’, the foods they love to eat and celebrate our new panda residents.

Posted on 09/09/2024

Chinese Appliance Giant Midea Seeks Up To $3.5B In Hong Kong Listing

Midea Group, the Chinese home appliance giant founded by billionaire He Xiangjian, is listing its shares in Hong Kong and hoping to raise up to HK$27 billion ($3.5 billion).

Posted on 09/09/2024

China’s Midea Moves Ahead With Hong Kong’s Likely Biggest Listing This Year

Chinese appliance maker Midea Group has started taking orders from investors for an initial public offering to raise up to US$3.46 billion in Hong Kong.

Posted on 09/09/2024

Hong Kong teacher accused of sexually assaulting 16-year-old girl

Social media post detailing the accusations sparked outrage, prompting the Education Bureau to pledge accountability.

Posted on 09/09/2024

Midea Starts Taking Investor Orders for Up to $3.5 Billion Hong Kong IPO

Midea Group Co. has started taking investor orders for an up to $3.5 billion share sale in Hong Kong, what is set to be the city’s biggest listing in more than three years. Most Read from BloombergWor ...

Posted on 09/09/2024

Home appliance giant Midea seeks to raise US$3.46 billion with Hong Kong IPO

Midea Group is seeking to raise up to US$3.46 billion with an IPO, which would be one of the city’s biggest new-share sales in about three years.

Posted on 09/09/2024

US warns of business risks in Hong Kong linked to nat. security laws, as city says claims ‘false, baseless’

Hong Kong has rebutted American claims about increasing business risks in the city after the US warned that all companies and individuals in the city are “are subject to the broad and vague provisions ...

Posted on 09/09/2024

China Renaissance Falls 72% as Trading Resumes in Hong Kong

China Renaissance Holdings Ltd.’s shares slid 72% after resuming trading in Hong Kong, about 17 months after its stock was suspended following the detention of its former Chairman Bao Fan.

Posted on 09/09/2024

Hong Kong is trying to lure travellers from elsewhere beyond the mainland. Who else is on its wishlist?

From religious sites, halal food to the MICE sector - the Hong Kong government is promoting all these and more as it looks to attract visitors beyond the mainland and bolster a pandemic-battered ...

Posted on 09/09/2024

China’s Midea Group launches $3.5 billion share offering in Hong Kong

By Scott Murdoch (Reuters) -Chinese home appliance maker Midea Group on Monday launched a share offering of about HK$26.97 billion ($3.46 billion) in Hong Kong, according to its filings, in the city's ...

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