Most companies that sold shares for the first time in Hong Kong this year have had to accept pricing at the low end of their expected range. Tough conditions for first-time issuers globally — ranging ... ( read original story ...)
Yacht builder Ferretti eyes $470m Hong Kong IPO
Proceeds will be used to develop new types of yachts and acquire suppliers as the builder anticipates better market conditions. Ferretti is expected to enjoy a ‘palpable’ valuation premium against com ... ( read original story ...)
Hong Kong to launch vaccine pass as Omicron outbreak rages
HONG KONG, China (AFP)— Hong Kong will launch a vaccine pass scheme this week, officials said Monday, as hospitals struggle under an Omicron-fuelled outbreak and the finance hub sees record-high ... ( read original story ...)
JPMorgan’s Holsheimer to Leave Hong Kong, Adding to Exits
JPMorgan Chase & Co.’s Ryan Holsheimer, head of cash equity & equity distribution for Asia-Pacific, is leaving Hong Kong after seven years with the firm, adding to a string of senior departures and ... ( read original story ...)
Hong Kong Departures Climb to Pandemic High as Residents Flee
Hong Kong recorded 27,703 departures from the city in the week ended Feb. 20, pushing the weekly net outflow of people to its highest level since the Asian financial hub imposed strict quarantine ... ( read original story ...)
HSBC donates US$12.8 million to help needy Hong Kong families hit by Covid-19, while AlipayHK cuts SME fees
HSBC, the biggest lender in Hong Kong, has donated HK$100 million (US$12.8 million) to help low-income households hit hard by the Covid-19 outbreak, the biggest so far by the city’s financial sector. ( read original story ...)
Budget 2022-23: struggling Hong Kong pins hopes on finance chief to provide e-vouchers, easy loans to help desperate businesses, save jobs
Financial Secretary Paul Chan Mo-po is expected to provide a lifeline to a struggling Hong Kong in his budget speech on Wednesday, with a fresh round of consumption vouchers and help for desperate ... ( read original story ...)
Singapore Won’t Displace Hong Kong as a Financial Center
Get alerts for Rachel Rosenthal Hong Kong’s rapid isolation from the rest of the world has business executives, investors and expatriates asking whether Singapore will overtake the territory as Asia’s ... ( read original story ...)
He loved Hong Kong. Its COVID crackdown made him leave…
When Kevin Tranbarger first moved to Hong Kong as a teen, he was awestruck. He was a kid from Connecticut, suddenly immersed in the bustle of the city's financial district, with its towering ... ( read original story ...)
He loved Hong Kong. Its COVID crackdown made him leave without even saying goodbye
Beijing has also clamped down on Hong Kong’s once free-wheeling media, arresting the founder of the pro-democracy newspaper Apple Daily, and freezing its banking assets, which led to its eventual ... ( read original story ...)
Lithium materials enterprises send nickel and cobalt to apply for Hong Kong IPO
[lithium materials enterprises apply for Hong Kong IPO] according to documents filed by the Hong Kong Stock Exchange, Shanghai Gepai Nickel-Cobalt Materials Co., Ltd. (referred to as "Gepai ... ( read original story ...)
Hong Kong ‘will be fine’ Standard Chartered CEO says, has no plans to shift staff over Covid-19 policies
He noted the lender’s new digital-only bank in Singapore will use technology developed through Mox, its Hong Kong virtual bank. “There’s not a material impact on our business from the mobility ... ( read original story ...)
Various sectors in Hong Kong gear up to take anti-pandemic measures
Representatives of various sectors in Hong Kong on Friday expressed their support for the fight against the COVID-19 pandemic at an online meeting, pledging to rally resources and join the ... ( read original story ...)
Coronavirus: Beijing loyalists in Hong Kong weigh options on whether to attend top legislature and advisory body meetings
Some who wear an extra hat as a legislator in the city are concerned whether it is advisable to be away when Hong Kong is battling a surge in coronavirus infections, noting that the financial chief is ... ( read original story ...)