HONG KONG - FWD Group Holdings, the Asian insurer backed by billionaire Richard Li, has refiled an application for a Hong Kong initial public offering (IPO) as it now weighs a listing next year amid ... ( read original story ...)
FWD refiles HK IPO
FWD posted an adjusted net loss of US$101m in the first quarter, compared with a profit of US$106m for the same period of 2021. After posting a full-year profit of US$249m in 2021, FWD said it expects ... ( read original story ...)
Richard Li’s IPO delay has some credibility value
Not Hong Kong entrepreneur Richard Li, whose Asia-focused insurer FWD has refiled for an initial public offering in its home city some 15 months after it first dropped the Asian hub in favour of a ... ( read original story ...)
Taiwan becomes growing destination for Hong Kong residents looking for more freedom
Hong Kong residents have found refuge in Taiwan, but as tensions grow between the nation and the Chinese government, so does concerns among exhiles. ( read original story ...)
Tencent Music Plans Hong Kong Debut as Soon as Next Week
Tencent Music Entertainment Group is pressing ahead with its Hong Kong listing plans with a goal to start trading in the Asian financial hub as soon as next week, according to people familiar with the ... ( read original story ...)
Recent Hong Kong home buyers stand to lose millions as prices decline – some already have
Many people who bought flats in Hong Kong over the past five years are looking at a loss if they decide to sell now, as housing prices continue to slide. One has already lost HK$5.85 million ... ( read original story ...)
Queen’s death renews interest in UK memorabilia in Hong Kong
The death of Queen Elizabeth II has sparked a wave of nostalgia and renewed interest in British memorabilia in Hong Kong, which for 156 years had lived under the British crown until its return to ... ( read original story ...)
Hong Kong to Stop Moving Travelers With Covid to Quarantine Camp
Hong Kong will allow incoming travelers who test positive for Covid-19 to remain in their designated quarantine hotels instead of being transferred to isolation hotels or community facilities like the ... ( read original story ...)
Coronavirus: Hong Kong ‘to tighten rules’ for issuing provisional vaccine passes to travellers
Overseas travellers currently require two jabs to qualify for pass, while those from mainland China, Macau and Taiwan can get one without being vaccinated. ( read original story ...)
Hong Kong stocks down 2 percent in early trading
Hong Kong stocks kicked off on Wednesday by losing ground, in line with other markets' losses following the release of US inflation data that was ... ( read original story ...)
Hong Kong’s millionaire population falls 14 per cent in first half as coronavirus- battered economy drives exodus
Hong Kong slipped four places to 12th in a list compiled by migration consultancy Henley China's tech hub, Shenzhen, is on the rise in terms of its wealthy population and is likely to break into the ... ( read original story ...)
Billionaire Richard Li’s Insurer FWD Refiles for Hong Kong IPO
FWD Group Holdings Ltd., the Asian insurer backed by billionaire Richard Li, has refiled an application for a Hong Kong initial public offering as it now weighs a listing next year amid market ... ( read original story ...)
5Neusoft Medical Sets Sights Again on HK IPO, With Business…
Neusoft Medical has taken several twists and turns on the IPO road, reversing out of an earlier bid to join Shanghai’s STAR Market and now making a third attempt to list shares in Hong Kong ... ( read original story ...)
Live news: JPMorgan executive warns of looming fall in investment banking fees
JPMorgan Chase’s revenues in investment banking could fall as much as 50 per cent year on year in the third quarter, one of the US bank’s most senior executives said on Tuesday. The guidance at ... ( read original story ...)