A closed-door hearing was held on Friday afternoon at Hong Kong High Court over whether HSBC must provide certain documents related to the extradition case of Huawei chief financial officer Meng ... ( read original story ...)
Either Huawei or HSBC is lying as Meng case moves to Hong Kong
After being rebuffed by a UK court, Huawei is seeking access to HSBC files in Hong Kong it says will prove its CFO's innocence. ( read original story ...)
Coupang, the Amazon of South Korea, sees its shares pop in mega US IPO
Coupang, South Korea's biggest e-commerce company, has pulled off the largest US initial public offering so far this year. ( read original story ...)
Baidu seeks up to US$3.6 billion in Hong Kong share sale as fundraising in city reaches a record in first two months of the year
The Hong Kong retail tranche kicked off on Friday and will last through next Wednesday. Listing on the main board is scheduled for March 23 and will trade under the stock code “9888”. Baidu’s deal ... ( read original story ...)
Hong Kong Stock Market Expected To Open In The Green On Friday
(RTTNews) - The Hong Kong stock market has finished higher in three straight sessions, advancing almost 850 points or 3 percent along the way. The Hang Seng Index now rests just above the 29,380-point ... ( read original story ...)
Hong Kong Regulator Warns of Price War Among City’s Accountants
Hong Kong’s regulator warned that a price war among the city’s accounting firms could impact quality of reports amid a boom in listed companies. ( read original story ...)
HSBC Bosses Try to Quell Banker Anger Over Cuts to Bonuses
HSBC Holdings Plc’s Chief Executive Officer Noel Quinn and his top lieutenants were forced to defend bonus cuts to unhappy investment bankers and traders after a year marked by hectic dealmaking and ... ( read original story ...)
Baidu looks to raise $3 billion in Hong Kong listing
Chinese search engine company Baidu Inc is looking to raise at least $3.03 billion by selling 95 million shares as books opened on Thursday for its Hong Kong listing, according to a term sheet from ... ( read original story ...)
UPDATE 1-Baidu looks to raise $3.03 bln in Hong Kong listing
Chinese search engine company Baidu Inc is looking to raise up to $3.03 billion by selling 95 million shares as books opened on Thursday for its Hong Kong listing, a filing from the company showed. ( read original story ...)
Hong Kong’s New Frontier Group in talks to raise second SPAC IPO -sources
Hong Kong's New Frontier Group is in talks with investment banks about an initial public offering (IPO) via a special-purpose acquisition company (SPAC), four people with knowledge of the matter told ... ( read original story ...)
Covid Outbreak Hits Banks, Gyms, Schools in Hong Kong
A coronavirus outbreak at a Hong Kong gym has spread to international schools and other fitness centers, while positive cases also appeared in the banking community just as the city was emerging from ... ( read original story ...)
COVID cluster at gym sends hundreds into quarantine in Hong Kong
... outbreak at a gym popular with expatriates in Hong Kong has resulted in over 240 people being sent into quarantine, the city’s government said, with positive cases spilling into the banking sector ... ( read original story ...)
ESG Group, TrueGreen, commences pre-IPO raise of $100 million
On the back of the recent announcement of the long-term exclusive agreement for the distribution of BYD right hand drive electric vehicles in Asia Pacific, TrueGreen Impact Group will be launching the ... ( read original story ...)
China confirms overhaul of Hong Kong politics, squeezing democratic opposition
BEIJING (Reuters) - China's parliament approved on Thursday a draft decision to change Hong Kong's electoral system ... consolidate its increasingly authoritarian grip over the global financial hub ... ( read original story ...)