Property management firm Onewo, which is boasting high-tech elements, could become the largest IPO in Hong Kong this year. Read more. ( read original story ...)
Recent Hong Kong homebuyers stand to lose millions as prices decline – some already have
Many people who bought flats in Hong Kong over the past five years are looking at a loss if they decide to sell now, as housing prices continue to slide. One has already lost HK$5.85 million ... ( read original story ...)
Hong Kong Weighs Lower Revenue Threshold for Hard-Tech IPOs
Hong Kong Exchanges & Clearing Ltd. is discussing a system that will slash the revenue requirements for hard-tech companies to go public in the city, according to people familiar with the matter. Most ... ( read original story ...)
Is Richard Li’s HK$10 million offer to injured Hong Kong Mirror dancer enough?
Experts say it’s difficult to work out how much money Mo Li would need to support himself if he could never work again. ( read original story ...)
China central bank to issue 5 bln yuan of bills in Hong Kong
These central bank bills will mature in six months, or 182 days, the People's Bank of China said on its website. The move aims to enrich yuan-investment products with high credit ratings in Hong Kong ... ( read original story ...)
Tycoon Richard Li’s insurer FWD refiles for Hong Kong IPO
HONG KONG - FWD Group Holdings, the Asian insurer backed by billionaire Richard Li, has refiled an application for a Hong Kong initial public offering (IPO) as it now weighs a listing next year amid ... ( read original story ...)
FWD refiles HK IPO
FWD posted an adjusted net loss of US$101m in the first quarter, compared with a profit of US$106m for the same period of 2021. After posting a full-year profit of US$249m in 2021, FWD said it expects ... ( read original story ...)
Richard Li’s IPO delay has some credibility value
Not Hong Kong entrepreneur Richard Li, whose Asia-focused insurer FWD has refiled for an initial public offering in its home city some 15 months after it first dropped the Asian hub in favour of a ... ( read original story ...)
Tencent Music Plans Hong Kong Debut as Soon as Next Week
Tencent Music Entertainment Group is pressing ahead with its Hong Kong listing plans with a goal to start trading in the Asian financial hub as soon as next week, according to people familiar with the ... ( read original story ...)
Recent Hong Kong home buyers stand to lose millions as prices decline – some already have
Many people who bought flats in Hong Kong over the past five years are looking at a loss if they decide to sell now, as housing prices continue to slide. One has already lost HK$5.85 million ... ( read original story ...)
Hong Kong’s millionaire population falls 14 per cent in first half as coronavirus- battered economy drives exodus
Hong Kong slipped four places to 12th in a list compiled by migration consultancy Henley China's tech hub, Shenzhen, is on the rise in terms of its wealthy population and is likely to break into the ... ( read original story ...)
5Neusoft Medical Sets Sights Again on HK IPO, With Business…
Neusoft Medical has taken several twists and turns on the IPO road, reversing out of an earlier bid to join Shanghai’s STAR Market and now making a third attempt to list shares in Hong Kong ... ( read original story ...)
Live news: JPMorgan executive warns of looming fall in investment banking fees
JPMorgan Chase’s revenues in investment banking could fall as much as 50 per cent year on year in the third quarter, one of the US bank’s most senior executives said on Tuesday. The guidance at ... ( read original story ...)
HSBC, Standard Chartered among major Hong Kong banks offering higher deposit rates of up to 3 per cent to attract cash, new customers
Major Hong Kong banks are offering high rates for long-term deposits in a bid to secure funds from retail clients to offset a substantial rise in the cost of borrowing from the interbank market. ( read original story ...)