City’s former leader has government on the defensive over housing shortages and national security law, meaning even if he isn’t preparing a bid for the top job next year, Carrie Lam’s administration ... ( read original story ...)
JD’s logistics IPO delivers more value to parent
Even before pandemic lockdowns boosted online ordering, the logistics sector was a hot investment target. Many investors believe applying technology and scale will dramatically improve profitability. ( read original story ...)
HK leader says freezing media tycoon Lai’s assets will hopefully reinforce financial hub status
Hong Kong's leader said that freezing the assets of democracy activist Jimmy Lai, including his majority stake in media publisher Next Digital, would hopefully reinforce the Asian financial hub's ... ( read original story ...)
Hong Kong Shares Likely To See Mild Selling Pressure
The Hong Kong stock market has finished higher in two straight sessions, collecting almost 480 points or 1.7 percent along the way. The Hang Seng Index now sits just beneath the 28,200-point plateau ... ( read original story ...)
Hong Kong Snatches Assets
So much for being a global financial center based on the rule of law. ( read original story ...)
Hong Kong’s Carried Interest Tax Concession – Zero % Tax!
Following the enactment last year of the Limited Partnership Fund Ordinance, which has seen strong take up in its first eight months of operation, the new tax concession on carried interest earn ... ( read original story ...)
JD Logistics launches Hong Kong IPO to raise up to US$3.4 billion
JD Logistics will price its shares between HK$39.36 (about US$5) and HK$43.36 each as the company aims to raise up to US$3.4 billion, ... ( read original story ...)
Coronavirus: Hong Kong, Singapore put travel bubble on hold for second time amid city state’s spike in Covid-19 cases
The move comes on the heels of a morning meeting between Hong Kong commerce chief Edward Yau and Singapore transport minister S. Iswaran. ( read original story ...)
JD.com’s logistics arm seeks to raise up to $3.4bn in Hong Kong IPO
JD Logistics, the delivery unit of Chinese ecommerce group JD.com, will seek to raise up to $3.4bn in what would be one of Hong Kong’s largest initial public offerings this year. The company’s ... ( read original story ...)
Hong Kong’s Lai Pleads Guilty in Protest Case; Assets Frozen
Jimmy Lai, veteran activist Albert Ho and eight others will plead guilty in a protest-related trial beginning on Monday. ( read original story ...)
JD Logistics Launches Up to $3.4 Billion Hong Kong IPO
The logistics arm of JD.com is looking to raise as much as $3.4 billion through an initial public offering, in the latest Hong Kong listing linked to China’s booming e-commerce market. ( read original story ...)
JD Logistics kicks off marketing as it seeks up to US$3.4 billion in Hong Kong initial public offering
The logistics arm of Chinese e-commerce giant JD.com started marketing its Hong Kong initial public offering (IPO) to retail investors on Monday at a price range of HK$39.36 to HK$43.36 per share, ... ( read original story ...)
Hong Kong starts Reit subsidy plan to make up for lost decade as rival markets flourish from Singapore to Japan
The government has put into action a HK$270 million (US$35 million) plan to encourage property owners to cobble their assets together under real estate investment trusts as part of efforts to bolster ... ( read original story ...)
HSBC hopes to double profit from rich Hong Kong customers in five years by tapping Wealth Management Connect scheme
HSBC believes the upcoming Wealth Management Connect scheme will help it double its profit from high net-worth customers in Hong Kong over the next five years, according to a senior executive. The ... ( read original story ...)