In its approach to SPAC listings, Hong Kong seeks to uphold its reputation for high quality investing while also remaining a competitive financial hub for Greater Chinese and other Asian companies. ( read original story ...)
Temasek-backed vaccine developer Recbio raises $98m in Hong Kong IPO
Four cornerstone investors including Sequoia Capital China collectively subscribed to $53 million in the IPO offering. ( read original story ...)
Rossiya Re-Registers 125 Planes In Russia As BOC Boeing 747-8 Is Repossessed
All of Rossiya's fleet now have Russian AOCs, while foreign lessors repossess aircraft outside of the country's borders. ( read original story ...)
Hong Kong reports 6,646 new coronavirus infections
Hong Kong reported 6,646 new coronavirus infections on Thursday, down from 6,981 the previous day, and 119 deaths as daily infections continue to decline in the global financial hub, which is ... ( read original story ...)
Business sentiment in Hong Kong has been ‘quite positive,’ AmCham says
Joseph Armas of the American Chamber of Commerce in Hong Kong says business sentiment has "dropped a little" in light of Covid restrictions but is still positive on the whole. ( read original story ...)
Shares in Italian yacht maker Ferretti end flat in Hong Kong debut
Shares in Italian yacht maker Ferretti SpA ended flat in their Hong Kong debut on Thursday after raising $244 million at a time when the Asian financial hub has seen a slump in the value of initial ... ( read original story ...)
Ferretti’s Chief On Hong Kong IPO, Expansion Plans
Ferretti Group CEO Alberto Galassi discusses why the luxury yacht builder decided to list in Hong Kong. He was speaking with Haslinda Amin and Rishaad Salamat on "Bloomberg Markets: Asia". (Source: Bl ... ( read original story ...)
China state money puts wind in Ferretti IPO sails
The answer to Ferretti Chief Executive Alberto Galassi’s baffling confidence in its Hong Kong share sale lies in the South China Sea. The yacht maker is going public on Thursday despite seemingly ever ... ( read original story ...)
Hong Kong enjoys promising business environment, immeasurable opportunities: business sector
Although Hong Kong's economy is under short-term pressure amid the fifth wave of COVID-19 infections, the business sector believes that Hong Kong's future development is limitless due to the unique ... ( read original story ...)
Hong Kong’s Tracker Fund, in major shift, goes from State Street to Hang Seng Investment
Hong Kong’s Hang Seng Investment Management is taking over management of Tracker Fund, the city’s largest exchange-traded fund and Asia’s first physical ETF, from US asset manager State Street Global ... ( read original story ...)
Hong Kong has unique advantages in financial field: Carrie Lam
Chief Executive of the Hong Kong Special Administrative Region HKSAR Carrie Lam said on Wednesday that overseas investors and ... ( read original story ...)
Last link to Hong Kong removed as UK judges resign – China has ‘departed from freedom’
TWO senior British judges have resigned from Hong Kong's highest court due to a sweeping national security law imposed by China on the former British colony. ( read original story ...)
Hong Kong households to get HK$1,000 electricity subsidy from June, Legco paper shows
Allowance originally mentioned in Paul Chan's final budget address among raft of relief measures First instalment of subsidy to be injected into eligible accounts starting from June, according to ... ( read original story ...)
Goldman Sachs Expects Hong Kong Home Prices to Fall 20% by End-2025
Goldman Sachs said Hong Kong residential property prices could drop as much as 20% through 2025, hurt by a drag on household income and homebuyer demand caused by the latest wave of the COVID-19 ... ( read original story ...)