Hong Kong-based Bank of East Asia Ltd (BEA) said on Wednesday it had decided to initiate a sale of its insurance business and seek a strategic partner for its mainland China business following a ... ( read original story ...)
Richard Li’s FWD Plans Up to $3 Billion Hong Kong IPO
FWD Group Ltd., the Asian insurer backed by billionaire Richard Li, is planning a Hong Kong initial public offering that could raise as much as $3 billion, according to people familiar with the matter ... ( read original story ...)
Goodbye Pierre, hello … Aubrey. Izakaya at Mandarin Oriental Hong Kong to open in January on hotel’s top floor
An izakaya – in Japan a small, informal place serving alcoholic drinks and snacks – may appear an odd choice for a venerable five-star hotel in Hong Kong’s Central business district. All will be revea ... ( read original story ...)
For Xi Jinping, China’s Hong Kong Crackdown Has Come At A Cost
The diverse city that made its residents proudly label themselves as Hong Kongers and which also attracted so many foreigners has been changed enormously, with the worst yet to come. ( read original story ...)
Japan’s ruling LDP looks to draw companies from Hong Kong
TOKYO (BLOOMBERG) - Japan's ruling Liberal Democratic Party (LDP) is looking to submit a proposal to the Cabinet next week that would help lure firms and financial professionals looking to relocate ... ( read original story ...)
Bank of East Asia to sell insurance business in strategy overhaul
HONG KONG (Reuters) - Hong Kong-based Bank of East Asia Ltd (BEA) 0023.HK said on Wednesday it had decided to initiate a sale of its insurance business following the completion of a review of its ... ( read original story ...)
Hong Kong e-commerce leader offers itself as ally against Amazon
HKTV, which turned to e-commerce in 2015 after being denied a television broadcast license, has created a proprietary end-to-end online shopping business model from scratch in Hong Kong ... ( read original story ...)
Hong Kong’s BEA Presses Ahead With Life Insurance Sale
Its life and general insurance as well as its pension fund business in Hong Kong could be valued at more than $1 billion in total, people familiar with the matter said at the time. BEA Life Ltd., the ... ( read original story ...)
Hong Kong Stock Market Expected To Halt Slide On Wednesday
Disclaimer | Commerce Policy | Made In NYC | Stock quotes by finanzen.net (RTTNews) - The Hong Kong stock market has finished lower in consecutive trading days, plummeting more than 740 points or ... ( read original story ...)
Green Monday Holdings, the business arm of Hong Kong’s vegetarian advocacy group, raises $70 million from TPG, Swire Pacific
Holdings, a manufacturer of plant-based pork substitute products and frozen meals and an operator of a chain of vegetarian-focused retail outlets and cafes, said it has raised $70 million in financing ... ( read original story ...)
Hong Kong’s role of bridge between mainland, world incomparable: HKSAR gov’t official
government Paul Chan said on Tuesday that Hong Kong continues to be the unique business bridge between the mainland and the rest of the world. Chan made the remarks at a webinar entitled "How Hong ... ( read original story ...)
Hong Kong investors welcome Chinese ‘homecomings’ from New York
unsubstantiated statements and misleading conclusions regarding the company's business and operations," the company said. U.S.-listed Chinese companies are looking at Hong Kong as a possible ... ( read original story ...)
Chinese EV startup WM Motor raises $1.47bn in biggest funding round
HONG KONG -- Electric vehicle startup WM Motor, one of China's ambitious challengers to Tesla, said it raised 10 billion yuan ($1.47 billion) from a group of state-backed investors -- among others ... ( read original story ...)
EXCLUSIVE-Hong Kong-listed semiconductor maker ASM Pacific plans to go private – sources
Hong Kong-listed semiconductor equipment manufacturer ASM Pacific Technology Ltd is in talks with potential investors to help take it private, people with direct knowledge of the matter told Reuters. ( read original story ...)