Genting Hong Kong, the owners of three cruise lines, German shipyards, and entertainment/leisure businesses, announced that it has completed terms for a $2.6 billion recapitalization of the business ... ( read original story ...)
HSBC on track to hire more than 1,000 Asian wealth managers this year in US$3.5 billion bet on region’s growing billionaires
HSBC, the biggest of Hong Kong's three currency-issuing lenders, is on track to create more than 1,000 frontline roles in its wealth management business in Asia by the end of this year to focus on ... ( read original story ...)
Investors to focus on profit drivers in JD Logistics’ upcoming Hong Kong IPO
Investors looking at JD Logistics' initial public offering (IPO) will be keen to know how fast the Chinese firm can turn around its money-sapping business as rivals engage in cutthroat price war to ... ( read original story ...)
Monde Nissin draws GIC, Fidelity as cornerstone investors for PH IPO: Report
Monde Nissin is reportedly in talks with a number of investors, including Singapore’s GIC, to become cornerstone investors in its IPO. ( read original story ...)
HSBC on track to hire more than 1,000 Asian wealth roles this year in US$3.5 billion bet on region’s growing billionaires
HSBC, the biggest of Hong Kong's three currency-issuing lenders, is on track to hire more than 1,000 frontline roles in its wealth management business in Asia by the end of this year to focus on ... ( read original story ...)
Monde Nissin Attracts GIC, Fidelity to $1 Billion IPO
Philippine food maker Monde Nissin Corp. is in talks with Singapore state investment fund GIC Pte and Hong Kong insurer AIA Group Ltd. to become cornerstone investors in what could be the country’s ... ( read original story ...)
Hong Kong Bourse Expected To Bounce Higher On Monday
The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day losing streak in which it had plummeted nearly 950 ... ( read original story ...)
Four in 10 Hong Kong teachers want to leave the profession, most of them blame political pressure, survey finds
Professional Teachers’ Union survey shows 10 per cent of kindergarten and school educators are resigning this year. ( read original story ...)
Hong Kong reports no new local infection of COVID-19
Hong Kong reported no new local infection of COVID-19 on Sunday indicating the epidemic being largely curbed while a senior offic ... ( read original story ...)
Has Asia missed the blank-cheque boat? The SPACs frenzy is cooling before Hong Kong, Singapore even get off the starting blocks
A flood of capital raising by SPACs at the start of 2021 slowed to a trickle by April, raising the question whether one of the hottest trends in finance has run out of steam before Asia reaches the ... ( read original story ...)
Expiry date for HK$5,000 digital vouchers may be extended to Lunar New Year: Hong Kong Financial Secretary Paul Chan
While he hoped the scheme could boost local spending, Chan warned against excessive optimism over the economy despite recent improved figures. ( read original story ...)
Three Gorges unit preps $3.5bn IPO to push Xi’s clean energy agenda
State-owned China Three Gorges, best known as the operator of the world's largest hydroelectric power plant, is preparing to list a wind and solar power subsidiary in Shanghai in what would be the ... ( read original story ...)
Hong Kong should back its ‘brothers’ in mainland China to help repel the West’s containment strategy, finance chief says
Hong Kong's finance chief has called for closer ties and more cooperation between the city and its "brothers" over the border, to support China's technological and economic development and counter ... ( read original story ...)
Hang Seng Bank’s chief executive to take three-month leave of absence as she recovers from medical condition
Hang Seng Bank’s vice-chairman and chief executive officer Louisa Cheang Wai-wan will take a three-month leave of absence as she recovers from a medical condition first disclosed last year, according ... ( read original story ...)