The Twitter account @tripperhead, which has amassed over 22,000 followers -- many more than accounts belonging to local public health experts and government Covid advisers -- prov ... ( read original story ...)
Lessor BOC Aviation repossesses 747-8 cargo plane from Russian operator
A Boeing 747-8 freighter leased to Russia’s AirBridgeCargo has flown to California from Hong Kong, according to FlightRadar24, after a U.S. judge signed an order allowing lessor BOC Aviation Ltd to ... ( read original story ...)
Hong Kong’s Covid-19 battle has ‘brain drained’ economy as house prices are forecast to fall
While some restrictions are due to be eased next month, Hong Kong’s battle with Covid-19 will fuel a shrinking economy and plunging house prices, ... ( read original story ...)
Hong Kong Exchange to trial digital assets trading in ‘Diamond’ pilot
The Hong Kong Exchange (HKEX) revealed on Tuesday its plans to launch “Diamond,” a trading platform to pilot digital assets in 2022. See related article: China’s e-CNY pilot to boost Hong Kong as ... ( read original story ...)
Ferretti navigates choppy markets to launch €890mn Hong Kong IPO
Italian yachtmaker Ferretti shelved its planned Milan listing at the last minute. It is now going public in Hong Kong — a nod to its main shareholder, ... ( read original story ...)
State Street Dropped as Manager of Hong Kong’s Biggest ETF
Hong Kong appointed a Hang Seng Bank Ltd. unit to manage the city’s largest exchange traded fund, replacing State Street Corp. after the U.S. firm became embroiled in a controversy over sanctioned ... ( read original story ...)
Russian freighter flown to U.S. after BOC Aviation granted order to repossess
A Boeing 747-8 freighter that BOC Aviation Ltd leased to Russia's AirBridgeCargo has flown from Hong Kong to California, according to FlightRadar24, after a U.S. judge signed an order allowing the ... ( read original story ...)
Hong Kong-based PAG raises private equity IPO bar
At a mooted $15 bln, the Blackstone-backed buyout shop would be valued at 30% of managed assets. Although a rich premium to U.S. peers like TPG, it’d be on par with recent deals involving Asian rivals ... ( read original story ...)
Hong Kong banks gradually reopen branches as Covid-19 cases decline rapidly in the city
From April 1, HSBC will keep 48 of its branches open from Monday to Friday, instead of three days a week at present More than 600 of the 1,200 retail bank branches in Hong Kong were temporarily closed ... ( read original story ...)
Tracker Fund names Hang Seng to run Hong Kong’s biggest exchange-traded fund, ending State Street’s mandate
A seven-member supervisory committee chaired by George Hongchoy Kwok-lung named Hang Seng as the winner of a tender to manage TraHK State Street remains the trustee of TraHK, even if Hang Seng has the ... ( read original story ...)
Asia-focused PAG files for Hong Kong IPO seen hitting $2bn
Asia-focused alternative investment company PAG has filed for an initial public offering in Hong Kong that could raise $2 billion in one of the largest listings in the city this year. ( read original story ...)
Hong Kong’s Biggest ETF Gets New Manager as State Street Removed
Hong Kong named a Hang Seng Bank Ltd. unit the manager of its HK$112.79 billion ($14.4 billion) Tracker Fund, replacing State Street Corp. after the U.S. firm last year became embroiled in a ... ( read original story ...)
Hong Kong replaces State Street as manager of largest ETF
A supervisory body of Hong Kong’s central bank has decided to replace a unit of State Street Corp as manager of the territory’s largest exchange-traded fund of more than $14 billion, the first such ... ( read original story ...)
Hong Kong trading and IPOs hurt by geopolitics, says bourse CEO
A "fragile" geopolitical environment has created challenges for its commodities business, especially nickel, the bourse's CEO said on Tuesday. ( read original story ...)