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Tag: business

Posted on 18/09/2024

Singapore rises as ideal destination for investors fleeing Hong Kong

Singapore is set to benefit from an exodus of investment companies leaving Hong Kong, whose status as a global financial hub has been diminishing, a report has found.

Posted on 18/09/2024

Skadden Steers $4 Billion Midea Group Hong Kong Public Listing

Skadden, Arps, Slate, Meagher & Flom guided the Midea Group, alongside Jia Yuan Law Offices, on the home appliance company’s nearly $4 billion initial public offering in Hong Kong.

Posted on 18/09/2024

Many Hong Kong small businesses are on the brink of collapse. Can they be saved?

Hong Kong’s small and medium-sized enterprises weathered global financial crises and the devastating 2003 Sars outbreak, but are now struggling like never before. In the first of a three-part series, ...

Posted on 18/09/2024

Animoca’s Siu Says Hong Kong a Strong Contender for Possible IPO

Hong Kong is a “strong contender” for a potential listing of crypto venture investor and blockchain game developer Animoca Brands Corp., its Chairman Yat Siu said.

Posted on 18/09/2024

Rooftop of Henderson’s Zaha Hadid-designed building to host Hong Kong galas, mega events

The Henderson, a 36-storey office building in Central, will host some of the biggest events this year at its 6,800-sq ft rooftop ballroom Hong Kong's efforts to attract family offices, fintech ...

Posted on 18/09/2024

Hong Kong’s biggest IPO since 2021 sizzles as Midea shares soar in blockbuster offering

The Foshan-based company raised HK$31.01 billon last week, after offering its stock at HK$54.80 a share, at the top end of an expected price range.

Posted on 18/09/2024

Midea’s strong Hong Kong debut after $4 bln listing boosts outlook

Chinese home appliances maker Midea Group rose by up to 9.5% on its trading debut in Hong Kong on Tuesday after raising nearly $4 billion in the city's largest share offering in almost four years, ...

Posted on 18/09/2024

Beijing’s top diplomat in Hong Kong to address British Chamber of Commerce for first time

Cui Jianchun will ‘share the spirit’ of the China’s third plenum and its ‘implications for international business in Hong Kong’.

Posted on 17/09/2024

Chinese appliance maker Midea debuts in Hong Kong with shares jumping 9pc after US$4b IPO

Shares in Chinese electronic appliance maker Midea surged more than nine per cent at the start of its Hong Kong debut today, having raised around ...

Posted on 17/09/2024

Harris to Expand Small Business Tax Relief to Boost Startups

Kamala Harris is proposing a ten-fold increase in the small business tax deduction for startup costs, a new weapon in her arsenal as she vies with Donald Trump to show voters who can best assuage ...

Posted on 17/09/2024

Beijing’s top diplomat in Hong Kong to address British Chamber of Commerce in first keynote speech

Cui Jianchun will ‘share the spirit’ of the Communist Party’s third plenary session of the 20th Central Committee and its ‘implications for international business in Hong Kong’.

Posted on 17/09/2024

Midea Group shares rise 9.5% in Hong Kong after $4 bln listing

Chinese home appliances maker Midea Group rose by up to 9.5% on its trading debut in Hong Kong on Tuesday after raising nearly $4 billion in the city's largest share offering in almost four years, ...

Posted on 17/09/2024

Henderson’s rooftop venue to host Hong Kong gala dinners, mega events in boost to builder

The Henderson, a 36-storey office building in Central, will host some of the biggest events this year at its 6,800-sq ft rooftop ballroom.

Posted on 17/09/2024

Developing | Midea shares rise in Hong Kong trading debut as city’s largest IPO since 2021 sizzles

Midea Group’s shares rose in their Hong Kong trading debut, as the city’s largest initial public offering (IPO) in more than three years sizzled ahead of a widely expected rate cut from the US Federal ...

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