Chung Pui-kuen and Patrick Lam, both top editors at the pro-democracy website Stand News, were charged and denied bail on Thursday. ( read original story ...)
SenseTime Shares Jump as Much as 23% on Debut After $740 Million Hong Kong IPO
SenseTime Group shares surged as much as 23% from their IPO price on Thursday, adding billions of dollars to the artificial intelligence start-up's market value as it debuted in Hong Kong in the ... ( read original story ...)
SenseTime shares jump 23% on debut after $740 mln Hong Kong IPO
SenseTime Group shares jumped as much as 23% from their IPO price as they debuted on the Hong Kong Stock Exchange on Thursday in the city's final major float for the year. ( read original story ...)
SenseTime Jumps on Debut After IPO Delayed by U.S. Sanctions
Chinese artificial intelligence giant SenseTime Group Inc. jumped on its first day of trading in Hong Kong after a rocky initial public offering that was delayed by concerns over fresh U.S. sanctions. ( read original story ...)
Hong Kong Arrests 2 Suspected of Laundering $384M Through Banks and a Crypto Exchange
Customs agents on Dec. 28 raided a home in Yau Tong district and arrested a 28-year-old woman and her 21-year-old brother. ( read original story ...)
Hong Kong shares close down as tech giants weigh
SHANGHAI: Hong Kong shares snapped a five-session rising streak and finished lower on Wednesday dragged by tech giants, as sentiment remained weak on the battered sector. The Hang Seng index fell 0.8% ... ( read original story ...)
Sustainable finance: deals in Asia, Hong Kong to continue growing in 2022 as regulators and investors double down on ESG, financiers say
The rapid growth in sustainable finance deals will continue in 2022, supported by the growing practice of taking ESG issues into consideration while making asset allocation decisions, bankers and ... ( read original story ...)
Hong Kong leader Carrie Lam says Stand News arrests not aimed at media industry
A Hong Kong police raid on a pro-democracy media organisation and the arrest of seven people connected with it was aimed at seditious activity not the suppression of the media, the city government's ... ( read original story ...)
Hong Kong Stock Market Has Flat Lead For Thursday
The Hong Kong stock market on Wednesday halted the five-day winning streak in which it had advanced more than 525 points or 2.3 percent. The Hang Seng Index now rests just above the 23,080-point ... ( read original story ...)
Blinken calls for release of pro-democracy journalists after Hong Kong arrests
These freedoms enabled Hong Kong to flourish as a global center for finance, trade, education, and culture. By silencing independent media, PRC and local authorities undermine Hong Kong’s credibility ... ( read original story ...)
US says latest media closure undermines Hong Kong’s ‘credibility’
US Secretary of State Antony Blinken on Wednesday condemned the latest closure of a pro-democracy media outlet in Hong Kong, saying it undermined the reputation of the Chinese-ruled financial hub. ( read original story ...)
Hong Kong Siblings Face Jail Time for Laundering Money Through Different Platforms
Hong Kong Police arrested two siblings on the claims of money laundering. The two residents were accused of using multiple methods, including crypto platforms, for washing over HK $380 million ($ 48.7 ... ( read original story ...)
Here’s How DiDi Looks To Hong Kong Listing
China's ride-hailing giant DiDi Global Inc (NYSE: DIDI) looks to 'listing by introduction' to gradually allow owners of Didi U.S. shares to transfer them to the city's bourse, Channel News Asia ... ( read original story ...)
HSBC completes Bangladesh’s first insurance backed receivables finance transaction
The Hongkong and Shanghai Banking Corporation Limited (HSBC) in Bangladesh has recently completed the country’s first insurance backed receivables finance transaction for MBM Garments Ltd. ( read original story ...)