The Hong Kong stock market has moved lower in four straight sessions, tumbling almost 650 points or 3.6 percent along the way. The ...
China’s Abrupt Trading Tax Cut Forces Hong Kong Into Hard Choice
China’s unexpected move to cut its stock trading tax is adding pressure on Hong Kong to follow suit, creating a dilemma for the city’s finance chief over the potential hit to government income.
Standard Chartered HK to maintain good loan quality, profitability
The non-performing loan (NPL) ratio will likely increase as well, however. Modest economic recovery in Mainland China and Hong Kong will support the soundness of Standard Chartered Hong Kong’s asset ...
Investors should look to Hong Kong as financing platform for belt and road infrastructure projects, city’s Paul Chan says
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, ...