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Posted on 22/09/2023

Alibaba’s Cainiao plans to raise at least US$1 bil in Hong Kong IPO soon

Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., is planning to file for its Hong Kong initial public offering as soon as next week, according to people familiar with ...

Posted on 22/09/2023

UPDATE 1-China’s Neusoft Xikang becomes 3rd HK IPO this week to price shares at low end – source

SYDNEY, Sept 22 (Reuters) - China’s Neusoft Xikang will price its shares at HK$4.76 (61 U.S. cents) each to raise $81.5 million in an Hong Kong initial public offering (IPO), said a person with direct ...

Posted on 22/09/2023

Alibaba’s Cainiao Plans to Raise At Least $1 Billion in Hong Kong IPO Soon

Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., is planning to file for its Hong Kong initial public offering as soon as next week, according to people familiar with ...

Posted on 22/09/2023

What a $281 Million Mansion Says About Hong Kong

Take the aforementioned mega mansion. The 18,000-square-foot home with 11 bedrooms represents a former era when wealthy Chinese buyers flocked to the city for trophy properties. Today, China’s ...

Posted on 22/09/2023

Hong Kong’s bid to bring back the city’s nighttime buzz to begin on Friday

Friday night market at Avenue of Stars and K11 Musea in Tsim Sha Tsui will feature traditional Hong Kong street food and film-related memories.

Posted on 22/09/2023

Singapore is now the world’s freest economy, displacing Hong Kong after 53 years

Singapore has dethroned Hong Kong to become the world's freest economy after almost 50 years, according to a report released by the Fraser Institute.

Posted on 22/09/2023

JPEX: Hong Kong investigates influencer-backed crypto exchange

Hong Kong police are investigating allegations of fraud against cryptocurrency trading platform JPEX after investors complained of HK$1.3bn ($166m; £134m) in losses. Eleven people, including popular ...

Posted on 22/09/2023

Hong Kong investigates popular crypto firm for fraud

About 2,000 investors lost money on the JPEX platform which was advertised on Hong Kong's metro.

Posted on 22/09/2023

Inside Hong Kong housing crisis with people living in cages and ‘coffins’

Luxury properties are always available for those that can pay, but there's an increased demand for luxury on a smaller scale in Hong Kong. This narrow flat is in a new property development in the ...

Posted on 22/09/2023

HK property billionaire with a big family dilemma

From CK Asset Holdings Ltd’s Li Ka-shing to Henderson Land Development Co’s Lee Shau-Kee, Hong Kong’s (HK) fabulously wealthy tycoons have for decades dominated the city’s property and retail sectors.

Posted on 22/09/2023

World-class facilities and mentorship from experts: How microelectronics start-ups can find support for growth

Hong Kong Science and Technology Parks Corporation is seeking talent from around the world to help grow the city into a global hub for innovation and technology. Read more at straitstimes.com.

Posted on 22/09/2023

Video: Venezuelan president tells Hong Kong reporter to ask questions in Mandarin instead of English

Venezuelan President Nicolas Maduro asked a reporter from Hong Kong to communicate in his native language of Mandarin at a press conference during his state visit to China last week. Maduro would then ...

Posted on 22/09/2023

Midea Group, China’s world-beating home appliances giant, to file for US$1 billion Hong Kong IPO next month, sources say

Midea Group, China’s world-leading home appliances giant, plans to file its listing application in Hong Kong as early as next month, which could raise more than US$1 billion in proceeds, people ...

Posted on 22/09/2023

Alibaba, AIA, HSBC lead losses in Hong Kong, volume sinks as Fed’s hawkish pause adds to stock, yuan misery

Stocks suffer another round of selling, sending the Hang Seng Index to a one-month low. Fed officials indicate the central bank is not done yet with tightening this year. Market turnover approaches a ...

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