The logistics arm of JD.com is looking to raise as much as $3.4 billion through an initial public offering, in the latest Hong Kong listing linked to China’s booming e-commerce market. ( read original story ...)
JD Logistics kicks off marketing as it seeks up to US$3.4 billion in Hong Kong initial public offering
The logistics arm of Chinese e-commerce giant JD.com started marketing its Hong Kong initial public offering (IPO) to retail investors on Monday at a price range of HK$39.36 to HK$43.36 per share, ... ( read original story ...)
Hong Kong starts Reit subsidy plan to make up for lost decade as rival markets flourish from Singapore to Japan
The government has put into action a HK$270 million (US$35 million) plan to encourage property owners to cobble their assets together under real estate investment trusts as part of efforts to bolster ... ( read original story ...)
HSBC hopes to double profit from rich Hong Kong customers in five years by tapping Wealth Management Connect scheme
HSBC believes the upcoming Wealth Management Connect scheme will help it double its profit from high net-worth customers in Hong Kong over the next five years, according to a senior executive. The ... ( read original story ...)
JD Logistics Seeks Up to $3.4 Billion in Hong Kong IPO
JD Logistics Inc., the delivery arm of e-commerce giant JD.com Inc., is seeking to raise as much as HK$26.4 billion ($3.4 billion) in its Hong Kong initial public offering, seizing on China’s online ... ( read original story ...)
New Hong Kong regulations threaten to stifle financial hub
From limiting public access to corporate information to a potential travel ban, new rules and proposals by the Hong Kong government have raised concerns over the city's future as a free and open ... ( read original story ...)
Finance chief expects Hong Kong’s jobless rate to keep dropping
With a warming economy in the first quarter, Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region (HKSAR) government, expects the jobless rate of the financial hub would ... ( read original story ...)
Hong Kong’s jobless rate will drop noticeably due to sharp rebound in economy, easing of Covid-19 situation, finance minister says
Paul Chan hopes unemployment and underemployment rates will fall sharply after city’s economy expanded by 7.9 per cent year on year in the first three months of 2021. ( read original story ...)
Hong Kong reports 4 new cases of COVID-19
Hong Kong Center for Health Protection CHP reported four new confirmed cases of COVID-19 on Sunday taking the total tally in th ... ( read original story ...)
Hong Kong Monetary Authority Reveals Implementation Roadmap for Ongoing Development of Open API Framework
The Hong Kong Monetary Authority (HKMA), which is Hong Kong’s central banking institution that reports directly to the Financial Secretary, has announced the implementation plans for the third and ... ( read original story ...)
Hong Kong freezes assets of media tycoon Lai under security law
Hong Kong authorities on Friday froze assets belonging to jailed media tycoon Jimmy Lai, including all shares in his company, Next Digital - the first time a listed firm has been targeted by national ... ( read original story ...)
Hong Kong authorities freeze nearly HK$500 million in assets belonging to media tycoon Jimmy Lai
Sources say the frozen assets include all 70 per cent of Lai’s shares in his Next Digital media company and his holdings in three other firms. The total is worth US$64 million. ( read original story ...)
HK police freeze Jimmy Lai’s Next Digital shares, bank assets estimated at HK$300m
The Hong Kong Security Bureau has frozen all of media tycoon Jimmy Lai Chee-ying's shares in his Next Digital media company and his other bank assets under the national security law for Hong Kong, ... ( read original story ...)
Green group hauls HSBC over the coals
HSBC risks dangerous health fallout from investments in companies who plan to build new coal power plants, an environmental think-tank warned in a ... ( read original story ...)