Addressing recent hypotheses in media outlets…” The UBJ Just now This composition is a part of our extensive dossier on the Burning Sun Scandal. Discover more and peruse the full chronology here.
Segantii Redemption Requests Hit $1 Billion Before Move to Shut
Segantii Capital Management Ltd.’s hedge fund faced nearly $1 billion of withdrawal requests before its decision to shut down, people familiar with the matter said, highlighting the impact on investor ...
Former finance chief Antony Leung’s New Frontier buys Hong Kong cancer centre as it eyes expansion in Greater Bay Area
New Frontier, chaired by Hong Kong’s former financial secretary, said it has completed the acquisition of the Hong Kong Integrated Oncology Centre as part of its expansion in the healthcare industry ...
Segantii to Shut as Insider Trading Charge Draws Redemptions
Simon Sadler’s hedge fund is shutting down and returning capital to investors after an insider trading charge in Hong Kong sparked concerns about a flood of redemptions, according to people familiar ...
New security law raises concerns amid decline in Hong Kong business sentiment
Hong Kong's Basic Law, the territory's constitution, required the government to enact domestic national security legislation. A previous attempt in 2003 failed after mass protests. Beijing cited the ...
Alibaba’s Hong Kong Shares Drop 5% on Report of $5 Billion Convertible Bond Offering
Alibaba's shares on the Hong Kong stock exchange fell over 5% after a report that the company is considering selling $5 billion in convertible bonds. Bloomberg reported that Alibaba could ...
Hong Kong Stocks: Xiaomi Beats Q1 Forecasts as Smartphone Sales Surge
In major news on Hong Kong stocks, Xiaomi Corporation (HK:1810) reported its Q1 results, beating forecasts as smartphone sales surged after a period of stagnant growth. In the first quarter, the ...
Hong Kong stocks slide as investors rattled by patchy earnings, hawkish US Fed minutes
Other key Asian markets also traded lower after the hawkish Fed minutes. Australia’s S&P/ASX 200 dropped 0.7 per cent and South Korea’s Kospi weakened 0.2 per cent. Japan’s Nikkei 225 added 0.6 per ...
Hong Kong is a gateway between Middle East and China, says Secretary for Justice
Speaking at a forum titled “Hong Kong - The Common Law Gateway for UAE Businesses to China and Beyond” held in Dubai ...
Jackie Chan to Tony Leung: 10 richest Hong Kong actors with massive net worths
Keen to know the richest Hong Kong celebrities? Let's take you through the top 10 richest Hong Kong actors who are worth millions.
Gate.io Ceases Operations in Hong Kong amid Tightening Crypto Regulations
Gate.io announced that it would cease operations of its Hong Kong-based Gate HK and it has officially withdrawn its license application.
How to unlock Hong Kong’s halal tourism potential
There have been efforts to bring Muslim tourists to Hong Kong for years, but a lack of focus has rendered these attempts largely ineffective. Rather than concentrate on halal eateries, the city should ...
Hong Kong justice minister Paul Lam touts city as ‘common law gateway’ in visits to Saudi Arabia, UAE
Hong Kong’s justice minister ended a five-day visit to Saudi Arabia and the United Arab Emirates (UAE) on Thursday, as the city seeks to enhance ties with the two Middle Eastern countries. Secretary ...
HSBC’s Silicon Valley Bank UK acquisition raises Hong Kong lender’s tech profile with clients, start-ups
HSBC arranged a three-day tailored programme in California last week for its Asian private bank clients to meet Silicon Valley start-ups and venture capitalists.