Within Asia, the richer and aging North East Asia (Japan, South Korea, China, Taiwan, Hong Kong SAR) are huge net savers, with net investment surpluses (including Singapore), amounting to $10.4 ...
Alibaba’s Cainiao Files for $1 Billion-Plus Hong Kong IPO
Cainiao Smart Logistics Network Ltd., the logistics arm of Alibaba Group Holding Ltd., has filed for its Hong Kong initial public offering, potentially making it among the first of the Chinese ...
Hong Kong Stocks Close at Lowest in 10 Months as China Property Woes Weigh
Distress in China’s property sector has continued to stoke fears of a slowdown in the world’s second-largest economy, rattling stock markets across the region and sending Hong Kong equities to a ...
Alibaba will spin off its logistics arm Cainiao in an IPO in Hong Kong
Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong ...
UPDATE 1-China’s gold imports via Hong Kong bounce back in August
China's gold imports via Hong Kong rebounded in August from the previous month, data showed on Tuesday, with the issuance of fresh quotas to local banks likely to boost shipments into the world's top ...
China urges countries to boycott Hong Kong media freedom event – document
China is pressing countries to boycott a British-organised event at the United Nations in Geneva on media freedom in Hong Kong with the son of a jailed media tycoon, a letter showed and four diplomats ...
Alibaba to spin-off logistics unit Cainiao in Hong Kong IPO
Alibaba (NYSE:BABA) is spinning off its logistics unit Cainiao Network Technology via an IPO on the the Main Board of the Hong Kong Stock Exchange. In a regulatory filing on Tuesday, the Chinese ...
Alibaba’s Cainiao files for US$1 billion IPO, helping Hong Kong to land the world’s second-biggest listing of 2023
The logistics company's plan to sell US$1 billion shares would be second only to the recent US$5 billion listing of SoftBank-owned chip maker Arm It would also be the city's first billion-dollar ...
Chinese e-commerce giant Alibaba plans to list its logistics unit Cainiao in Hong Kong
Alibaba plans to list its logistics unit Cainiao on the Hong Kong Stock Exchange, the Chinese e-commerce giant said in a regulatory filing Tuesday.
Alibaba to Spin Off Cainiao Logistics Unit for Hong Kong IPO
Alibaba Group Holding Ltd. said it will spin off Cainiao Smart Logistics Network Ltd., the logistics arm of its e-commerce empire, through an initial public offering in Hong Kong.
How net zero by 5 Chinese tech giants, which account for 2.5 times Hong Kong’s annual emissions, can decarbonise 25% of Hang Seng Index
Alibaba, Baidu, China Mobile, Tencent and Xiaomi could eliminate 2.5 times Hong Kong's annual emissions if they achieve net zero emissions, think tanks says; Emissions from the fi ...
Bumpy road ahead as Hong Kong strives to regain chips crown
On the fifth floor of an office building at the Hong Kong Science Park, along a hallway lined with other tech startups, is the headquarters of PDL Technology — a young semiconductor company in a city ...
Hong Kong Jockey Club’s philanthropy forum brings together global thought leaders to discuss solutions for fairer societies
After a five-year hiatus, the Philanthropy for Better Cities Forum, convened by The Hong Kong Jockey Club (the Club), returned for its third edition on September 11 and 12 under the theme Philanthropy for Fairer Societies. At the two-day event in the West ...
Hong Kong bankers play an anxious waiting game
Global banks in Hong Kong are feeding on scraps. Fewer initial public offerings in the city mean institutions including UBS , Bank of America and Morgan Stanley are tackling smaller transactions.