Shares of the music streaming arm of Chinese gaming giant NetEase Inc. opened unchanged in their trading debut in Hong Kong, following an initial public offering that priced shares at the mid-point of ... ( read original story ...)
King & Wood Mallesons, Clifford Chance and Skadden Lead on $4 Billion Tech Listings in Hong Kong
Skadden, Clifford Chance, Slaughter and May, Zhong Lun and Freshfields all have a hand in the revival of billion-dollar tech capital raisings in Hong Kong. ( read original story ...)
NetEase’s Cloud Village shares slip in Hong Kong debut
Cloud Village raised $421 million in its initial public offering, with its shares priced at HK$205 each in one of Hong Kong's first major tech listings since mid-year. NetEase sold 16 million shares ... ( read original story ...)
Leaders Explore RCEP Opportunities for Hong Kong and the GBA at 2021 Greater Bay Area Conference
Co-organized by China Daily and the Hong Kong Coalition, the Greater Bay Area Conference was held on Tuesday. The Honorable Mr. C.Y. Leung, GBM, GBS, JP, vice-chairman of the Chinese People's ... ( read original story ...)
Hong Kong Stock Market Has Red Light For Thursday’s Trade
The Hong Kong stock market on Wednesday halted the three-day slide in which it had tumbled almost 1,300 points or 5.2 percent. The Hang Seng Index now rests just above the 23,650-point plateau ... ( read original story ...)
China plans to ban loophole used by tech firms for foreign IPOs
China is planning to ban companies from going public on foreign stock markets through variable interest entities (VIEs), according to people familiar with the matter, closing a loophole long used by ... ( read original story ...)
China to Prohibit Foreign IPOs
China intends to remove a technicality that permitted the country’s tech sector from raising overseas investments through variable interest entities. ( read original story ...)
China denies report it is looking to close foreign IPO loophole
Beijing on Wednesday denied a report that it was looking to plug a loophole used by Chinese tech companies to go public on foreign stock markets.Bloomberg ... ( read original story ...)
Hong Kong, Malaysia police arrest 27 people in Interpol crackdown on romance scam gang
Syndicate cons 37 women in Southeast Asia out of HK$15 million, uses Hong Kong bank accounts to launder the dirty money. ( read original story ...)
China to ban route used by tech firms for overseas IPOs
The move may prompt firms that listed abroad via VIE to make changes in order to increase transparency and comply with regulations. ( read original story ...)
Hong Kong badminton stars Tang Chun-man and Tse Ying-suet off to flying start at World Tour Finals in Bali
Hong Kong mixed doubles badminton pair serve up a thrashing against their English counterparts in opening match of year-end finale. ( read original story ...)
Hong Kong’s Hang Seng Index gains as bargain hunters swoop in on hard-beaten technology stocks
Hong Kong’s benchmark stock index made its biggest intraday percentage jump in a month as investors scooped up technology stocks that have fallen to attractive levels, while casinos extended their ... ( read original story ...)
Yonghe Medical sets off with IPO
Hair healthcare specialist Yonghe Medical Group has hit the road in Hong Kong, drumming up demand for its HK$1.49bn ($191.4m) listing. The issuer is offering 94.4m shares at a fixed price of HK$15.80 ... ( read original story ...)
How Hong Kong’s livi bank aims to make banking more rewarding
They are amongst the first bank in the city to roll-out buy now, pay later services. Shake your phone after paying via QR code, and receive some cash rewards in return. This is just one of the many ... ( read original story ...)