Tag: business

Kuaishou raised 41.28 billion Hong Kong dollars ($5.32 billion) from the initial public offering (IPO) after pricing its shares at 115 Hong Kong dollars each. ( read original story ...)

Who needs orchestrated campaigns like the short squeeze on U.S. video-game retailer GameStop when there is the old-fashioned lure of a shoot-for-the-moon stock? Kuaishou Technology shares almost ... ( read original story ...)

Overall restaurant receipts for 2020 shrank to HK$79.4 billion from HK$112.5 billion in 2019 as social-distancing regulations hammered industry. ( read original story ...)

CEO of Canadian Olympic Committee said athletes have the right to speak freely, but they will be counselled on what ‘they might consider not commenting on’ ... ( read original story ...)

Hong Kong is not seeing fund outflows following Beijing's imposition of a national security law in the Asian financial hub, a top executive at the city's banking regulator said on Thursday. ( read original story ...)

Hong Kong stocks are getting a lift from several upgrades in Alibaba Group’s price targets while oil companies jump with crude prices at more than one-year high. Cash may flow out as investors prepare ... ( read original story ...)

Kuaishou Technology surged in Hong Kong’s gray market trading, in a sign that one of the city’s biggest initial public offerings in years is off to a good start. The short-video startup, backed by ... ( read original story ...)

Dealmakers across Asia are busy fielding calls from company founders who are mulling letting go of their life’s work as the Covid-19 pandemic has upended how global business is done. ( read original story ...)

We were basically studying why The Ocean Cleanup failed,” says Sidhant Gupta, reflecting on his final year as an engineering student at the University of Hong Kong (HKU). “And it seemed like a ... ( read original story ...)

Hong Kong posted its worst-ever retail sales slump last year as the COVID-19 pandemic battered tourism and consumption in the Asian financial hub, and the government warns it could take some time to ... ( read original story ...)

It is the first time since the index’s 2011 introduction that the hourly minimum rate of pay stays at same level. ( read original story ...)

The future of Hong Kong investments in Myanmar was uncertain following a military coup on Monday, but its impact on the city’s economy would be limited, business groups and industry watchers have said ... ( read original story ...)

It’s hard to believe just how quickly the vibrant city has changed since I first arrived in 2013 to perform a song at a protest. A blanket of fear covers it now ... ( read original story ...)

But many others say China’s encroachment on their way of life and civil liberties has become unbearable and they want to seek a better future abroad. ( read original story ...)