Tag: business

Hong Kong is the worst performing major stock market not only in Asia but the entire world so far this year. “The hamstrung Hang Seng index is hobbling into year end,” RealMoney's Alex Frew McMillan ... ( read original story ...)

The exchange published its SPAC rules following a public consultation that began in September, and said the listing regime would take effect on Jan. 1. ( read original story ...)

Special Purpose Acquisition Companies, or SPACs, will be allowed to list in Hong Kong from Jan. 1, 2022, the local stock exchange operator said in a statement on Friday. HONG KONG, Dec 17 (Reuters) - ... ( read original story ...)

Nine investors took part in the fundraising, with Mixed-Ownership Reform Fund pledging US$200 million, sources said. ( read original story ...)

Mr. Peter Mok, Head of Greater Bay Area, HKSTP (right), and Mr. Alan Chui, Supplier Business Management President, Avnet Asia, officiate at the strategic co-incubation agreement signing ceremony to ... ( read original story ...)

Kurt Tong of The Asia Group says he doesn't foresee either a "full-on" financial decoupling between the U.S. and Hong Kong or the U.S. and China, but the situation is becoming more "cumbersome." ... ( read original story ...)

Hong Kong tech startup, Bloom, has announced a collaboration with AIA Hong Kong  in order to launch “Care for You 24” – AIA’s first scenario-based protection that 'revolves around customers’ lifestyle ... ( read original story ...)

Phillips, looking back on a record 2021 in which it sold $1.2 billion worth of luxury goods worldwide-up 32 percent from 2019, and hitting the billion-dollar mark for the first time ever-is now eyeing ... ( read original story ...)

The senior adviser for the Tencent Group discusses the competitive advantages of WeSure, the group’s insurance agency platform. ( read original story ...)

Asian equities followed the US equity market higher after the Fed’s announcement of three hikes in 2022 yesterday. ( read original story ...)

However, the positive development on the long-awaited reopening came as the city uncovered what may prove to be its first case of the highly transmissible Omicron variant to have been in the local ... ( read original story ...)

A major tech conference scheduled to take place in Hong Kong in March has been cancelled and will return in 2023, organizers said Thursday, in a fresh blow ... ( read original story ...)

The resumption marks a quick turnaround in the fundraising plan by China’s largest AI firm, which has become the biggest corporate casualty yet of the Uygur Forced Labor Protection Act. ( read original story ...)

Officials had expected the labour market to continue to improve, although the extent would depend on the pace of the economic recovery and the epidemic situation. ( read original story ...)