Hong Kong stocks opened Thursday morning with losses following another sell-off on Wall Street as a surge in US inflation ramped up concerns the Federal Reserve could be forced to tighten monetary ... ( read original story ...)
Hong Kong virtual insurer OneDegree partners with start-up in maiden cryptocurrency insurance foray
Virtual insurer partners with cryptocurrency exchange Hong Kong Digital Asset Exchange to offer insurance for cryptocurrencies, as they try to address concerns holding back institutional investors ... ( read original story ...)
Hong Kong’s first-time exhibitors, much sought after during China import expo, are confident about deals
First-time exhibitors from Hong Kong said they were confident about generating business at the China International Import Expo (CIIE), which is being held in Shanghai. Exhibitors from the city were ... ( read original story ...)
Why Hong Kong is building apartments the size of parking spaces
For Max Lee, a 26-year-old Hong Kong doctor, life in his single-room apartment revolves around the bed. It’s the first thing you see walking in. It’s where he not only sleeps and watches television, b ... ( read original story ...)
McKinsey Partner Charged With Insider Trades on Goldman Deal
A partner at McKinsey & Co. used inside information on Goldman Sachs Group Inc.’s impending acquisition of GreenSky Inc. to make more than $450,000, according to prosecutors.Most Read from ... ( read original story ...)
Asia’s most expensive apartment sold in Hong Kong’s Peak area
Wharf Holdings Ltd. and Nan Fung Development Ltd. sold an apartment at Mount Nicholson, one of the most iconic upscale projects in the city, for HK$140,800 per square foot, according to the companies. ( read original story ...)
Rivian’s IPO Delivers Near $9 Billion Fortune for Saudi Investor
A Saudi family that built its business on gasoline-fueled cars is sitting on an almost $8.9 billion fortune after electric truck maker Rivian Automative Inc.’s initial public offering.Most Read from ... ( read original story ...)
Ex-Banker Joins World’s Richest in Her Beauty Startup’s IPO
Falguni Nayar’s beauty startup has jolted her to the ranks of the world’s richest.Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesDo Prisons Deserve a Second ... ( read original story ...)
Some bond holders of Evergrande have not received payments on Asia end of business Wed – sources
HONG KONG, Nov 10 (Reuters) - Some bond holders of cash-strapped China Evergrande Group have not received coupon payments by the end of 30-day grace periods at close of Asia business on Wednesday ... ( read original story ...)
The University of Hong Kong Offers Entrance Scholarships for International Students to Realise Dreams
Offering generous entrance scholarships that recognise students' remarkable achievements, the University of Hong Kong (HKU) empowers students from diverse backgrounds to pursue their dreams and ... ( read original story ...)
Billionaire Henry Cheng to take control of pay-TV operator i-Cable amid spotlight on Hong Kong media assets
Billionaire Henry Cheng Kar-shun is sinking HK$316.4 million (US$40.6 million) to take full control of pay-TV operator i-Cable Communications to turn around 13 years of losses amid heightened interest ... ( read original story ...)
SG air mobility startup lifts off with $300k in pre-seed money
and Hong Kong. Its fleet includes aircraft from aviation firms such as Gulfstream, Cessna, Dassault, Airbus, and Bell. Following the fundraising, the startup will focus on further developing its ... ( read original story ...)
EXCLUSIVE Tycoon Richard Li’s FWD considers shifting US IPO to Hong Kong – sources
FWD has faced questions from the Securities and Exchange Commission on its mainland China ties and has been treated by authorities as a Chinese business rather than a Hong Kong entity, said one of the ... ( read original story ...)
Stocks in Hong Kong, mainland China tumble as faster inflation undermines bets for policy easing
Stocks tumbled in Hong Kong and mainland China as accelerating inflation undermined bets among some investors for policy easing to overcome a slowdown in the Chinese economy. The Hang Seng Index ... ( read original story ...)