Ron Sim has revamped his privately held V3 Group into three core businesses after its consumer brands segment revived plans to list on the Hong Kong bourse. ( read original story ...)
Flight attendants turned insurance agents boost new policy sales to a five-year high in Hong Kong
Life insurance sales in Hong Kong jumped 25 per cent last year, the highest since 2016, after insurers bolstered staff numbers by recruiting flight attendants laid off amid the Covid-19 pandemic. ( read original story ...)
Wanda’s Mall Unit Delays $3 Billion Hong Kong IPO
Chinese conglomerate Dalian Wanda Group Co. has put a planned Hong Kong initial public offering for its shopping mall unit on hold, according to people familiar with the matter. Zhuhai Wanda ... ( read original story ...)
Didi Said to Halt Hong Kong Listing Plan on Cybersecurity Probe
Didi Global Inc. has suspended preparations for its planned Hong Kong listing after failing to appease Chinese regulators’ demands that it overhaul its systems for handling sensitive user data, ... ( read original story ...)
Kirkland & Ellis Loses U.S. Securities Partner to Freshfields in Hong Kong
The move marks the second partner departure from Kirkland & Ellis in Hong Kong in a month. Kirkland & Ellis U.S. securities partner Howie Farn has left the firm to join Freshfields Bruckhaus Deringer, ... ( read original story ...)
Departing Hong Kong residents took US$305 million from pensions in Q4
Residents leaving Hong Kong for good withdrew a total of HK$2.384 billion (US$305 million) from their Mandatory Provident Fund (MPF) pensions in the last quarter of 2021, government data showed, after ... ( read original story ...)
JPMorgan accelerates senior relocations from Hong Kong to Shanghai
JPMorgan has accelerated plans to relocate some of its top investment bankers in Hong Kong to mainland China as draconian pandemic restrictions have made travelling from the terri ... ( read original story ...)
Back to Business: More than Ever, the Banking Industry Will Be at the Forefront of a Sustained Recovery
As we await the pandemic’s demise, the banking industry is equipping itself to be at the centre of the economic recovery, providing businesses with the resources they will need to not only survive but ... ( read original story ...)
Didi said to halt Hong Kong listing plan on cyber security probe
The Cyberspace Administration of China informed Didi executives their proposals to prevent security and data leaks had fallen short. . Read more at straitstimes.com. ( read original story ...)
Didi’s reportedly to stop listing plan in Hong Kong
The Cyberspace Administration of China (CAC) had reportedly told Didi's management that their proposals to prevent security and data leaks were insufficient. ( read original story ...)
China’s ride-hailing giant Didi to halt Hong Kong listing: report
China's leading ride-hailing company Didi Global has put plans to list in Hong Kong on hold, a report said Friday, as it struggles to appease Beijing over its handling of user data. ( read original story ...)
CLP Power partners with Hang Seng to drive clean energy future
Hang Seng Bank aims to lead by example in facilitating the transition to a low-carbon future. In addition to the goal of becoming carbon neutral in its operations by 2030, Hang Se ... ( read original story ...)
Exclusive: HSBC customers threaten to switch banks unless it cuts Russian oil ties
More than 1,700 HSBC customers have written to the bank urging it to cut its ties with Russian oil and gas businesses, research shared exclusively with ... ( read original story ...)
Hong Kong stocks suffer worst week in 2 years as Chinese firms face renewed US delisting act while Russia-Ukraine ceasefire talks stall
Hang Seng tumbles 2.9 per cent in early trading as tech leaders like Alibaba, JD.com and Meituan crash by more than 7 per cent The US SEC asked five US-listed Chinese companies to show cause on why ... ( read original story ...)