HONG KONG — Xiaomi, the Chinese gadget maker that has become one of the world’s largest smartphone companies, has picked Hong Kong to list its shares in what is widely expected to be a major initial public offering. The choice is a victory for the ... ( read original story ...)
Compass Offices Continues to Push the Frontiers of Flexible Workspace in Hong Kong
HONG KONG--(BUSINESS WIRE)--May 2, 2018--Compass Offices, Hong Kong’s fast expanding flexible workspace provider has launched its own dedicated co-working space on the 5 th floor of Silvercord Tower 2 right in the heart of Tsim Sha Tsui’s business ... ( read original story ...)
Chinese smartphone maker Xiaomi picks Hong Kong for IPO
Its revenue from the smartphone business jumped more than 65 percent in 2017. Chinese smartphone maker Xiaomi on Thursday filed for an initial public offering in Hong Kong but did not disclose the amount it's looking to raise or its projected valuation. ( read original story ...)
Chinese smartphone maker Xiaomi files for Hong Kong IPO
HONG KONG — Chinese smartphone maker Xiaomi filed documents Thursday with Hong Kong's stock exchange operator for an initial public offering that could be the world's biggest share sale in years. Beijing-based Xiaomi is the world's fourth biggest ... ( read original story ...)
Bigger say for Hong Kong’s securities watchdog will lead to better investor protection: study
Wong Kim Man, convenor of the HKICPA corporate governance working group, said Hong Kong needs to strike a balance between business development and investor protection to stay competitive. The SFC should require listed companies to disclose breaches of ... ( read original story ...)
Hong Kong developer New World Development to invest US$2.5b in Skycity airport retail complex
The Greater Bay Area links the cities of Hong Kong, Macau, Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen and Zhaoqing into an integrated economic and business hub. Thomas Lam, senior director at real estate consultancy Knight ... ( read original story ...)
HONG KONG | Asia shares fall as markets mull Fed, await China trade meet
HONG KONG — Asian stock markets were mostly lower Thursday as ... QUICK TAKE: “With much of the good news in the equity world currently factored in, investors are left mulling over the paradoxical landscape of stellar earnings but higher interest ... ( read original story ...)
Hong Kong police expect to receive anti-riot vehicle with water cannons this month
The first of three anti-riot vehicles equipped with water cannons will arrive in Hong Kong this month after a two-year wait, but the controversial police purchase will not be deployed during the annual July 1 pro-democracy rally. A senior police source ... ( read original story ...)
Is Hong Kong measles case linked to flight that may have sparked outbreaks in Japan and Taiwan?
Health authorities in Hong Kong are trying to determine whether an expatriate man confirmed with measles was infected on a Tigerair flight linked to outbreaks in Japan and Taiwan which have left more than 100 people ill so far. The 46-year-old expat had ... ( read original story ...)
China’s Xiaomi files for mega Hong Kong IPO, lifts lid on financials
BEIJING (Reuters) - Smartphone and connected device maker Xiaomi [IPO-XMGP.HK] filed for a Hong Kong initial public offering on Thursday, in what is expected to be the largest listing by a Chinese tech company in almost four years. The listing could value ... ( read original story ...)
These East Asian cities are leading the way for entrepreneurs — you can start up for under $3,000
When it comes to start-ups, Silicon Valley has long reigned supreme, staking claim to international success stories from Apple to Facebook. But the landscape is shifting. New start-up scenes are popping up across the globe as cities seek to take a piece of ... ( read original story ...)
What Could End Hong Kong’s Property Boom? Here Are Some Triggers
Hong Kong property companies such as Sun Hung Kai Properties Ltd. and CK Asset Holdings Ltd. are bracing for the first increase in the city’s prime rate in more than a decade. A higher prime rate, which sets the upper limits on mortgages, could damp ... ( read original story ...)
Why remittance startup Bitspark abandoned bitcoin
Harrap told the Hong Kong Economic Journal in an interview that the company ... He admits that Bitspark is trying to snatch business from these remittance giants. So far the startup has recorded more than 5,000 users, including about 12 money transfer ... ( read original story ...)
Hong Kong shares fall ahead of Sino-U.S. trade talks, Fed policy statement
May 2 (Reuters) - Hong Kong stocks fell on Wednesday ... The top gainer on Hang Seng was Sunny Optical Technology Group Co Ltd up 4.92 percent, while the biggest loser was Bank of Communications Co Ltd which was down 2.32 percent. ( read original story ...)