Finance chief touts Hong Kong as key player in China's plan to grow global trade, pointing to city's ample fiscal products and sound legal system 'As the country's international financial centre, Hong ...
Hong Kong Extends Shutdown After Record Rain Overwhelms City
Hong Kong's heaviest rainstorm since records began in 1884 flooded the financial hub's streets and sent torrents of water rushing through subway stations, bringing much of the city to a standstill and ...
Hong Kong migrants revel in Cantopop concerts, films from home as tears flow, emotions high in ‘collective healing’ at venues in Canada, UK
Emotional scenes as migrants who left in recent years flock to see RubberBand concerts and other Cantopop groups.
Hong Kong’s weather making life more challenging
A WEEK after buildings swayed and the seas swelled under the high winds of super typhoon Saola, Hong Kong faced a new disaster: 600 mm of rain in 24 hours, a deluge that flooded roads, triggered ...
How Gen-X Cops led Hong Kong’s new-style ’90s action films that featured young actors, more special effects … and sub-par scripts
Hong Kong cinema was flagging in the late 1990s, and filmmakers looked to Hollywood for inspiration, changing how they made action films Gen-X Cops was a classic example of the new style, with younger ...
Alibaba’s grocery unit IPO put on ice amid disappointing valuation, Bloomberg reports
China's Alibaba Group Holding Ltd is putting a potential Hong Kong initial public offering of its Freshippo grocery chain on hold amid weak sentiment for consumer stocks, Bloomberg News reported on ...
Alibaba’s Grocery Unit IPO Put on Ice Amid Disappointing Valuation – Bloomberg News
Alibaba has concluded it could likely achieve a valuation of around $4 billion for Freshippo, which is lower than the $6 billion to $10 billion value it was targeting when it considered raising a ...
Alibaba’s Freshippo IPO Plans Take a Backseat as Valuation Expectations Adjust
Alibaba Group Holding Ltd (NYSE: BABA) has decided to delay the potential Hong Kong initial public offering (IPO) of its Freshippo grocery chain due to subdued investor sentiment in the consumer ...
Alibaba pauses grocery IPO plans on valuation concerns – report
Alibaba (NYSE:BABA) is holding off on a potential Hong Kong IPO of its Freshippo supermarket chain. The Chinese tech behemoth estimated the grocery business could achieve a valuation of around $4 ...
Alibaba Grocery IPO on Backburner as Valuations Disappoint
Alibaba Group Holding Ltd. is putting a potential Hong Kong initial public offering of its Freshippo grocery chain on the backburner amid weak sentiment for consumer stocks, people with knowledge of ...
Alibaba grocery unit IPO put on ice amid disappointing valuation – Bloomberg News
Sept 8 (Reuters) - China's Alibaba Group Holding Ltd (9988.HK) is putting a potential Hong Kong initial public offering of its Freshippo grocery chain on hold amid weak sentiment for consumer stocks, ...
Hong Kong Flooded by Heaviest Rains in Over a Century
The metro has been inundated, cars were swept away and stock trading was canceled as the deluge outdoes wreckage from last week’s supertyphoon.
HSBC to stop providing money transfer services inside Russia and to Belarus for its corporate clients
MOSCOW. Sept 8 (Interfax) - The British banking group HSBC will stop providing funds transfer services to corporate clients in Russia and Belarus from October 27 due to sanctions imposed against these ...
As war grinds on, HSBC halts Russia payments
HSBC will halt commercial payments by business customers to and from Russia and Belarus, the bank said on Friday, as lenders tighten restrictions beyond sanctions imposed after Russia's invasion of ...