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Tag: business

Posted on 06/08/2021

Cryptocurrency exchange Binance halts new Hong Kong futures accounts

The largest crypto exchange by reported turnover said in a Twitter post that the move is effective immediately. ( read original story ...)

Posted on 06/08/2021

Korean Gaming Giant Netmarble Buys Hong Kong Casino App To Further Global Expansion

Netmarble has agreed to buy Hong Kong-based social casino game company SpinX Games for $2.19 billion in a deal that will expand the South Korean gaming giant’s business outside its home market amid a ... ( read original story ...)

Posted on 06/08/2021

Chinese EV maker Li Auto to raise US$1.52 billion in Hong Kong listing – sources

Chinese electric vehicle maker Li Auto is targetting raising US$1.52 billion in its Hong Kong dual primary listing at HKUS$118 per share, said three sources with direct knowledge of the matter.The ... ( read original story ...)

Posted on 06/08/2021

Biden offers ‘safe haven’ to Hong Kong residents in US after China crackdown

The vast majority of Hong Kong residents currently in the United States are expected to be eligible, according to a senior administration official, but some legal conditions apply, such as individuals ... ( read original story ...)

Posted on 06/08/2021

Li Auto Said to Guide Pricing Hong Kong Listing at HK$118 Each

Chinese electric vehicle maker Li Auto Inc. is telling prospective investors it plans to price its Hong Kong listing at HK$118 per share, setting it up to raise about $1.5 billion, according to people ... ( read original story ...)

Posted on 06/08/2021

SynBio Startups Bolt Threads and Ginkgo Team Up To Disrupt Beauty Industry

Bolt Threads will use Gingko Bioworks' strain engineering platform to scale its b-silk protein, which can replace synthetics in skincare. ( read original story ...)

Posted on 06/08/2021

Street food hawkers in Hong Kong: a tale of corruption, crackdowns and the black comedy of the food truck fiasco

Hong Kong food hawkers are a dying breed, their demise a loss for the city’s culture. The recent shambolic launch of food trucks in their place was doomed to fail, as stifled by red tape as the ... ( read original story ...)

Posted on 06/08/2021

Biden to offer temporary ‘safe haven’ to Hong Kong residents in U.S.

The United States on Thursday plans to offer a temporary "safe haven" to thousands of Hong Kong residents, a senior administration official told Reuters, allowing them to extend their stay in the ... ( read original story ...)

Posted on 06/08/2021

Biden administration offers temporary “safe haven” for Hong Kongers in U.S.

President Joe Biden on Thursday directed the Department of Homeland Security to defer the removal of Hong Kong residents currently in the U.S. for 18 months, offering a "safe haven" to those who fear ... ( read original story ...)

Posted on 05/08/2021

Biden offers temporary ‘safe haven’ to Hong Kong residents in U.S

President Joe Biden on Thursday offered temporary "safe haven" to Hong Kong residents in the United States, allowing potentially thousands of people to extend their stay in the country in response to ... ( read original story ...)

Posted on 05/08/2021

China startups shut out of US face tougher Hong Kong IPO rules

Hong Kong Exchanges and Clearing Ltd. makes far more stringent demands on companies planning a listing than its New York peers. ( read original story ...)

Posted on 05/08/2021

Hong Kong property tycoon Vincent Lo mulls spinning off Shui On Land’s commercial assets in China

Shui On Land is considering reviving a plan to spin off its commercial investment properties and property management business and list them in Hong Kong. The move comes after a plan to spin off its ... ( read original story ...)

Posted on 05/08/2021

Chinese Developer Shui On Land Mulls Hong Kong IPO for Xintiandi Unit

Chinese real estate giant Shui On Land is considering spinning off the subsidiary behind its legendary restaurant and shopping complex Xintiandi in downtown Shanghai, which now boasts a nationwide ... ( read original story ...)

Posted on 05/08/2021

Canada warns citizens about possible Hong Kong exit bans

Canada warned its citizens on Thursday that Hong Kong authorities can prevent people leaving the city under a new law that has raised fears of Chinese mainland-style exit bans. ( read original story ...)

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