The US SEC said in its statement that Hong Kong historically has not worked with the US Public Company Accounting Oversight Board to allow its required inspections. Noting that Hong Kong’s legal and ... ( read original story ...)
H.K. Bourse Ex-IPO Vetting Head Acquitted in Bribery Trial
A Hong Kong court ruled that a former senior official at the city’s stock exchange was not guilty on charges of taking bribes to facilitate at least 12 initial public offerings.Most Read from Bloomber ... ( read original story ...)
China Tourism Duty Free postpones Hong Kong listing amid sluggish capital market conditions
Suspension of the IPO by the world’s largest travel retailer deals a body blow to Hong Kong bourse amid sluggish market conditions. ( read original story ...)
Hong Kong audit regulator, professionals deny claims of non-cooperation made by SEC’s Gary Gensler
Financial Reporting Council says the city has always allowed the US's Public Company Accounting Oversight Board access to Hong Kong auditors and their working papers Response follows comments by ... ( read original story ...)
Former HKEX executive and consultant acquitted of corruption charges
A former Hong Kong stock exchange executive and a consultant were acquitted on Friday of corruption charges, dealing a blow to the financial regulator's attempt to crack down on white-collar ... ( read original story ...)
Hong Kong shares close higher on financials, property strength
Hong Kong shares finished higher on Thursday on the back of gains in the financials and property sectors, while a rebound in tech stocks on Wednesday failed to sustain. ( read original story ...)
Hong Kong court finds former bourse exec not guilty of graft
A Hong Kong court said on Friday that Eugene Yeoh, former co-head of IPO vetting at the financial hub's stock exchange operator, was not guilty of receiving bribes to look favourably on listing ... ( read original story ...)
Workers can’t afford Biden’s pro-China Ex-Im Bank nominee
The Export-Import Bank already has a troubling history of subsidizing China’s largest financial institutions. Unfortunately, President Joe Biden’s nominee to lead the Ex-Im Bank, Reta Jo Lewis, ... ( read original story ...)
Didi Global Plans to Delist from New York, Seek Listing in Hong Kong
It ran afoul of Chinese authorities by pushing ahead with its $4.4 billion U.S. IPO in July despite being asked to put ... New York stock exchange and start preparations for listing in Hong Kong," ... ( read original story ...)
Hong Kong IPOs shrink as investors favour rival markets
New stock listings in Hong Kong have slid this year, making it an exception across global markets as concerns persist over the outlook for China’s tech sector after Beijing slammed the brakes on ... ( read original story ...)
Didi to delist from US, float in Hong Kong
Chinese ride-hailing giant Didi Global will delist from the New York Stock Exchange and list on the Hong Kong bourse amid opposition from Mainland regulators to its US IPO. The company’s board of ... ( read original story ...)
Weibo set to raise US$193 million from Hong Kong offer, much lower than the US$547 million it had hoped for
The popular microblogging platform priced its Hong Kong shares at HK$272.80, joining a number of mainland Chinese companies rushing to list closer to home. ( read original story ...)
Global stocks wobble as Didi delisting revives US-China worries
Stocks fell on Friday after Chinese ride-hailing giant Didi said it would delist in New York, renewing concern about U.S.-China tensions and tech regulation, while oil headed for a sixth consecutive ... ( read original story ...)
China’s Didi to delist from New York and go public in Hong Kong
Didi Chuxing, the Chinese ride-hailing group hit by Beijing’s regulatory crackdown on technology companies, said it would delist from the New York Stock Exchange in an accelerat ... ( read original story ...)