The Chinese e-commerce giant is up against increased competition, a slowing economy and a regulatory crackdown. ( read original story ...)
Alibaba Stock Falls in Hong Kong as E-Commerce Giant Shakes Up Management
Maggie Wu, who played an instrumental role in the public listings of Alibaba (ticker: BABA) in both New York and Hong Kong, will depart as chief financial officer in April 2022, to be replaced by Toby ... ( read original story ...)
Factbox-U.S.-listed Chinese firms with secondary listings at home and Hong Kong
Ride-hailing giant Didi Global's move to withdraw from the New York stock exchange has put a spotlight on other U.S.-listed Chinese firms and whether more will jump ship to Hong Kong and elsewhere. ( read original story ...)
SenseTime launches HK$6bn IPO
SenseTime Group, an artificial intelligence software company, has opened its long-awaited Hong Kong IPO with pre-deal orders from state-owned cornerstone investors. IPO sponsors CICC, Haitong ... ( read original story ...)
UBS gives Hong Kong staff COVID quarantine cash -memo
UBS Group AG has offered its Hong Kong staff up to HK$2000 ($256.45) a day to help cover mandatory hotel quarantine costs as the city maintains some of the strictest COVID restrictions in the world. ( read original story ...)
Shrinking talent pool and higher demand for hybrid jobs further drive challenges to hiring talent in Hong Kong
The job market in Hong Kong is being driven by a combination of rising confidence in the market, shifts in the talent demand and rapid development of technologies post-pandemic, according to the ... ( read original story ...)
Hong Kong stocks’ discount to book values ensnare Chinese funds betting on turnaround
About 77 per cent of mainland China-domiciled mutual funds that focus on Hong Kong stocks have posted losses this year The Hang Seng Index trades at a 2 per cent discount to its book value, the fifth ... ( read original story ...)
Hong Kong: HK pursuing green finance hub
I am pleased to have this welcome opportunity to address the Hong Kong Green Finance Association's annual forum once again and pleased to share with you the Hong Kong Special Administrative Region ... ( read original story ...)
Hong Kong has ‘no basis to exist’ as a special region without Chinese constitution’s authorisation, finance chief Paul Chan warns
Financial Secretary Paul Chan's comments echo those of Beijing's top official in Hong Kong the previous day Chan calls national constitution the 'fundamental law', with supreme status and effect. Hong ... ( read original story ...)
The Hong Kong Bach Choir at 50: diverse and well drilled, with ‘a feeling of community’, it grew from amateur expat group
When Jerome Hoberman joined the choir as music director in 1992 its expat make-up mirrored the divisions in Hong Kong society. Today he likes to think of it as a utopian model for society. ( read original story ...)
NFT in Hong Kong: Bored Ape Yacht Club owners seek merchandise deals, art exhibitions for cartoon primates
Hong Kong buyers of Bored Apes non-fungible tokens see their investments explode in value in the span of months, but rather than cash in by selling, some owners think their NFTs could grow into ... ( read original story ...)
HKQAA Symposium Sustainable Finance and Climate Resilience • 2021
Announcement of new initiatives to align with Government climate change strategies HONG KONG SAR - Media OutReach - 3 December 2021 - The Hong Ko ... ( read original story ...)
Didi’s exit from New York tests Hong Kong’s mettle as the listing sanctuary for Chinese stocks
A Hong Kong listing by Didi Chuxing will test bourse operator Hong Kong Exchanges and Clearing’s readiness to consider Chinese firms facing regulatory action in mainland China. ( read original story ...)
‘Life was hard, it’s now harder’: profiles of struggle in Hong Kong as inflation bites
What can HK$100 buy these days? For the poor, going to the market shows what inflation really means It's a shock when some realise they're no longer middle class, while business owners ponder letting ... ( read original story ...)