December was expected to show the return of major initial public offerings to Hong Kong after months marked by a drought of big deals, but plans are changing fast and not in a good way. Most Read from ... ( read original story ...)
Hong Kong warns Wall Street Journal of ‘incitement’ in editorial
Hong Kong has long served as a regional media hub, though it has tumbled down press freedom rankings in recent years as Beijing asserts greater control over the city. ( read original story ...)
Hong Kong Successfully Hosts the 18th World Congress of Chinese Medicine for the First Time
HONG KONG SAR - Media OutReach - 6 December 2021 - The 18th World Congress of Chinese Medicine (WCCM), one of the world's largest academic events in the field of Traditional Chinese Medicine ... ( read original story ...)
Hong Kong’s Hang Seng drops nearly 2% as tech shares fall; investors monitor bitcoin volatility
Chinese stocks fell in afternoon trading on Monday, while investors monitored bitcoin prices after they dropped sharply over the weekend. Oil prices jumped during Asia trade. Hong Kong’s Hang Seng ... ( read original story ...)
Beijing, Hong Kong firms sign investment deals worth $8.8 billion
Enterprises in Beijing and the Hong Kong Special Administrative Region (SAR) signed 11 agreements at the 24th Beijing Hong Kong Economic Cooperation Symposium held on Monday. The overall investment ... ( read original story ...)
Hong Kong’s ESG bond issuance quadruples to almost US$35 billion as city takes shape as Asia’s hub for green finance
ESG-related debt, also called sustainable bonds, are fixed-income financial products that raise capital for the purpose of financing projects that have environmental or social benefits. ( read original story ...)
Hong Kong stocks suffer another sell-off as Alibaba drags Chinese tech lower while Omicron, Evergrande stoke risk aversion
Hong Kong stocks fell to more than 14-month low as Alibaba Group Holding slumped amid a management reshuffle. The spread of Omicron variant and concerns about growing debt default risk among Chinese ... ( read original story ...)
Hong Kong Market extends losses; Tech leads decline
At closing bell, the benchmark Hang Seng Index fell 1.76%, or 417.31 points, to 23,349.38. The Hang Seng China Enterprises Index dropped 2.14%, or 180.68 points, to 8,274.77. ( read original story ...)
Tinder, Bumble, how about CrossFit? Hong Kong couples share love stories related to fitness, not dating apps
Sport has become a popular place for couples to meet as people gravitate away from dating apps in favour of more meaningful connections. ( read original story ...)
Alibaba shares slide in Hong Kong after it overhauls e-commerce businesses, appoints a new financial chief
The Chinese e-commerce giant is up against increased competition, a slowing economy and a regulatory crackdown. ( read original story ...)
Alibaba Stock Falls in Hong Kong as E-Commerce Giant Shakes Up Management
Maggie Wu, who played an instrumental role in the public listings of Alibaba (ticker: BABA) in both New York and Hong Kong, will depart as chief financial officer in April 2022, to be replaced by Toby ... ( read original story ...)
Factbox-U.S.-listed Chinese firms with secondary listings at home and Hong Kong
Ride-hailing giant Didi Global's move to withdraw from the New York stock exchange has put a spotlight on other U.S.-listed Chinese firms and whether more will jump ship to Hong Kong and elsewhere. ( read original story ...)
SenseTime launches HK$6bn IPO
SenseTime Group, an artificial intelligence software company, has opened its long-awaited Hong Kong IPO with pre-deal orders from state-owned cornerstone investors. IPO sponsors CICC, Haitong ... ( read original story ...)
UBS gives Hong Kong staff COVID quarantine cash -memo
UBS Group AG has offered its Hong Kong staff up to HK$2000 ($256.45) a day to help cover mandatory hotel quarantine costs as the city maintains some of the strictest COVID restrictions in the world. ( read original story ...)