The sale of LF Logistics, which offers both contract logistics services across Asia and freight management services globally, is expected to close in 2022 pending regulatory approval. ( read original story ...)
Melco Resorts sues former mistress of jailed Macau ‘junket king’ for return of mortgaged luxury Hong Kong flat
Court documents show Mandy Lieu was listed as the mortgagor of the flat, with junket operator Alvin Chau’s Sun City Gaming Promotion named as the borrower and Melco as the lender. ( read original story ...)
Risky Business: Why US Firms Are Pulling Up Stakes in China
As tensions escalate and uncertainty abounds, it's getting harder for U.S. firms to find success in China. As relations between the United States and China have spiraled dangerously downward in recent ... ( read original story ...)
Hong Kong’s office fit-out costs to increase next year as businesses regain confidence after recovering from Covid-19 pandemic
The average office fit-out cost in Hong Kong rebounded to pre-Covid-19 levels this year and is likely to get more expensive in 2022 amid rising business confidence. ( read original story ...)
Founding Family Of Footwear Giant Belle Takes A Big Step Into Hong Kong’s Startup Scene
Tang Yiu quietly built a multibillion-dollar business in Hong Kong selling women’s shoes across the Greater China region. Now, the 87-year-old’s little-known investment firm is backing some of Hong ... ( read original story ...)
Coronavirus: Hong Kong Jockey Club, telecoms firms team to give 20,000 elderly residents smartphones for using ‘Leave Home Safe’ app
The phones, which will be distributed via 12 local NGOs after a needs-based assessment, will come pre-equipped with a year-long data plan. ( read original story ...)
SenseTime relaunches $767m Hong Kong IPO
China's SenseTime relaunched its $767 million Hong Kong IPO on Monday (0).It comes a week after the artificial intelligence start-up was placed on a U.S. investment blacklist and postponed its listing ... ( read original story ...)
Hong Kong IPO funds raised fall by 20 per cent and city slips to fourth place for 2021, HKEX says
Hong Kong’s annual tally of IPOs shrank this year for the first time since 2017, as a regulatory crackdown on technology companies in mainland China sent a chill through the market and almost halted ... ( read original story ...)
Int’l community commends successful LegCo election in Hong Kong
Provided by Xinhua Experts and scholars said the election truly implemented the principle of patriots governing Hong Kong which is conducive to Hong ... ( read original story ...)
Conservation over quick profit? How heritage and revitalisation projects are infusing new energy into old properties in Hong Kong
Nearly 130 monuments and 1,444 historical buildings in Hong Kong are categorised into three grades, based on their heritage value Conservation and revitalisation projects, while paying tribute to the ... ( read original story ...)
Beijing’s national security law will move ‘pretty fast’ in Hong Kong, says research firm
Simon Cartledge of Big Brains discusses what can be expected from Hong Kong's new legislative council and the uncertainty surrounding who the city's next leader might be. ( read original story ...)
Richard Li’s FWD withdraws US IPO plan with pivot to Hong Kong
FWD Group, the Hong Kong-based insurer backed by billionaire Richard Li, withdrew its U.S. initial public offering as China tightens its grip on overseas listings. . Read more at straitstimes.com. ( read original story ...)
Hong Kong Legislative Council election: shake-up in victorious pro-Beijing camp, with surprise losers, big winners and ‘elite newcomers’
Parties that only managed to hang on to the same number of seats as before, or even lost some, might see their influence diluted in the bigger 90-member Legco. ( read original story ...)
Chinese artificial intelligence start-up relists Hong Kong IPO after US blacklisting
SenseTime, which is a Chinese artificial intelligence start-up, has revived its initial public offering, proceeding with Hong Kong listing on Monday (December 20). The decision comes a week after it ... ( read original story ...)