China's gold imports via Hong Kong rebounded in August from the previous month, data showed on Tuesday, with the issuance of fresh quotas to local banks likely to boost shipments into the world's top ...
Alibaba’s logistics arm, Cainiao, to file for Hong Kong IPO
Cainiao Network Technology Co, the logistics subsidiary of Alibaba (NYSE:BABA) Group Holding Ltd, is expected to file for its initial public offering (IPO) in Hong Kong as early as next week, according to sources close to the matter. The move could ...
Hong Kong’s Resurgence Powered by Middle East Connections
Thanks to their key locations, a plethora of natural resources and progressive initiatives, like the UAE's NextGen FDI and Saudi Arabia's Vision 2030 economic diversification plan, Hong Kong’s Gulf ...
China’s Alibaba kicks off restructuring with plan to list logistics arm in Hong Kong
Alibaba Group on Tuesday kicked off its restructuring with a plan to list its logistics arm Cainiao in Hong Kong that would make the unit the first to be separated since the Chinese e-commerce giant ...
Hong Kong seeks swift downgrades and provisioning to ensure adequately regulated banks and secure market confidence: panel
Hong Kong is in the process of reinventing itself with authorities pushing for “swift downgrades and swift provisioning” to ensure the banking sector is adequately regulated to ensure market ...
Alibaba will spin off its logistics arm Cainiao in an IPO in Hong Kong
Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong ...
UPDATE 1-China’s gold imports via Hong Kong bounce back in August
China's gold imports via Hong Kong rebounded in August from the previous month, data showed on Tuesday, with the issuance of fresh quotas to local banks likely to boost shipments into the world's top ...
How net zero by 5 Chinese tech giants, which account for 2.5 times Hong Kong’s annual emissions, can decarbonise 25% of Hang Seng Index
Alibaba, Baidu, China Mobile, Tencent and Xiaomi could eliminate 2.5 times Hong Kong's annual emissions if they achieve net zero emissions, think tanks says; Emissions from the fi ...
Hong Kong bankers play an anxious waiting game
Global banks in Hong Kong are feeding on scraps. Fewer initial public offerings in the city mean institutions including UBS , Bank of America and Morgan Stanley are tackling smaller transactions.
China and Hong Kong stocks fall on lingering economic, geopolitical worries
China and Hong Kong stocks fell on Tuesday as lingering economic worries and geopolitical tensions weighed on sentiment, with thin trading ahead of China's National Day holiday.
Hong Kong spent around HK$1 million sponsoring journalist visits in 2023
The Hong Kong government has spent around HK$1 million taxpayer money this year on sponsoring journalists from mainland China and overseas to cover major events in the city, including the recent Belt ...
Evergrande drops 87% on Hong Kong Stock Exchange as debt meeting delayed
The woes of debt-ridden Chinese property giant Evergrande just got a whole lot worse after 87 per cent of its market value was wiped away in less than a month.
6 Hong Kong share listings this week set to raise up to US$458 million amid lacklustre year for IPOs
Tencent-backed car-services platform Tuhu and AI company Beijing Fourth Paradigm are among a series of listings expected this week as Hong Kong’s performance as a fundraising venue continues to ...
Hong Kong To Publish List of Suspicious Crypto Platforms Following JPEX Scandal
Hong Kong's financial regulator will publish a list of suspicious crypto firms as it cracks down on crypto firms after the JPEX scandal.