Under the current legal system in Hong Kong, creditors are free to go after distressed companies by filing wind-up petitions before a scheme of arrangement for a restructuring is agreed and then ...
Rise Smart Files for IPO
By Ben Glickman Consulting company Rise Smart Group Holdings on Monday filed for an initial public offering with the Securities and Exchange Commission.
China Market Update: Hong Kong Rises Despite Geopolitical Bark
Hong Kong opened lower but grinded higher, led by growth stocks despite geopolitical headwinds as a busy week for Q1 financials results kicks off. The Hang Seng gained +0.8%, closing above the 19,000 ...
Super Hi International Sets U.S. IPO at 2.69 Million ADSs
In a filing with the U.S. Securities and Exchange Commission, Super Hi said each ADS represents 10 of its ordinary shares, which are listed on Hong Kong's stock exchange. Singapore-based Super Hi said ...
Shein steps up London IPO preparations amid U.S. hurdles to listing, sources say
By Julie Zhu, Greg Roumeliotis and Kane Wu HONG KONG/NEW YORK (Reuters) -Fast-fashion giant Shein is stepping up preparations for a London listing after its attempt to float itself in New York faced ...
Here’s Why Momentum in BOC Hong Kong (BHKLY) Should Keep going
BOC Hong Kong Ltd. (BHKLY) is one of the several suitable candidates that passed through the screen. Here are the key reasons why it could be a profitable bet for "trend" investors. A solid price ...
Hong Kong-listed warehouse developer ESR Group gets takeover bid from US consortium led by Starwood Capital
Starwood Capital Group, one of the largest real estate investors worldwide, is part of a consortium of shareholders proposing to take Asian warehouse developer ESR Group private.
China, Hong Kong enhance Swap Connect scheme in time for its 1st birthday, easing access to mainland interbank derivatives
Enhancements aim to further open up China’s financial markets and strengthen Hong Kong’s status as an international financial centre.
WSJ seeks a senior reporter in Hong Kong
The Wall Street Journal is looking for a senior reporter to join our Business, Finance and Economics team in Hong Kong. This team focuses on the biggest money and business stories in Asia. Its mandate ...
Hong Kong-listed ESR gets privatisation proposal from Starwood, Sixth Street, SSW
HONG Kong-listed real estate fund manager ESR Group has received a privatisation proposal from a consortium of investors comprising Starwood Capital Operations, Sixth Street Partners, and SSW Partners ...
Profit Taking May Slow Hong Kong Stock Market
(RTTNews) - The Hong Kong stock market has moved higher in back-to-back sessions, rallying almost 650 points or 3.6 percent along the way. The Hang Seng Index now sits just above the 18,960-point ...
Hong Kong logs fewer phone scam cases in first quarter of 2024, but losses soar to HK$789m
Hong Kong has logged fewer phone scam cases in the first quarter of 2024 but losses soared to HK$789 million, with mainland Chinese students in the city being increasingly targeted by swindlers, ...
Hong Kong defies doomsayers as Hang Seng Index reclaims 19,000-level in stock market bull run
Hong Kong is proving its resilience by defying some of its harshest critics. A surge in the local stock market over the past three months shows global investors are coming back.
Hong Kong phone scam cases drop in first quarter but losses quadruple to HK$789 million, with more mainland Chinese students among victims
The number of phone scam cases in Hong Kong dropped in the first quarter compared with the same period last year although losses quadrupled to HK$789 million (US$101 million), with more mainland ...