Hong Kong stocks touched a two-year high on Wednesday, led by Chinese financials including Bank of China and Industrial & Commercial Bank of China after the People’s Bank of China injected short-term liquidity into the markets, easing concerns about an ... ( read original story ...)
Razer to target $5-billion valuation in IPO, sources say
Razer Inc. is shooting for a Hong Kong initial public offering that could value the gaming ... It’s sold $1-billion worth of product globally in the past three years, Mr. Tan added. Razer’s IPO would be one of the largest tech debuts in the Asian ... ( read original story ...)
Hong Kong, China most at risk of financial crisis within next three years, bank warns
Hong Kong and mainland China are the most vulnerable economies at risk of a financial crisis over the next three years as over 40 out of 60 economic indicators are sending alarm signals, including runaway property prices and soaring levels of private debt ... ( read original story ...)
For Hong Kong Public Housing, It Takes a Village
Hong Kong’s Shek Kip Mei area today ... When subscribing to a newsletter edition you'll also get early notice on Tyee events, news, promotions, partner messages and special initiatives. Further to the provision of the Personal Information Protection ... ( read original story ...)
Matthew Fisher: The biggest attraction in Hong Kong this summer is a Chinese aircraft carrier
HONG KONG — Patriotic residents of this former British territory have been agog these past few days over the arrival of China’s first aircraft carrier. The Liaoning anchored last Friday near the Disneyland Resort on the western approach to one of the ... ( read original story ...)
Gaming firm Razer seeks Oct HK IPO at up to $5 billion valuation: source
HONG KONG Razer Inc, a gaming hardware maker backed by Intel Corp and Hong Kong billionaire Li Ka-shing, plans to go public toward the end of October in an IPO that will value the company at up to $5 billion, a person familiar with the deal said on Wednesday. ( read original story ...)
UPDATE 1-Chinese lender Zhongyuan Bank prices $1 bln HK IPO near bottom-IFR
HONG KONG, July 12 (Reuters) - Chinese city commercial lender Zhongyuan Bank Co Ltd priced its Hong Kong initial public offering (IPO) near the bottom of expectations, raising $1 billion to bolster its capital base, IFR reported. The IPO of about 3.3 ... ( read original story ...)
Hong Kong stock rally pushes Hang Seng above 26,000 level
Hong Kong stocks broke through the 26,000 level on Wednesday as they headed for their best week in four months. Gains for banks and technology stocks supported the Hang Seng index on Wednesady ... after the People’s Bank of China reportedly injected ... ( read original story ...)
Tesla’s sales stall in Hong Kong as tax breaks end. Could the U.S. be next?
Tesla’s sales appear to be stalling in Hong Kong. According to data from the city’s transportation department that was analyzed and first reported by the Wall Street Journal, not a single newly purchased Tesla model was registered in April after the ... ( read original story ...)
HSBC’s Soaring Shares Have Hong Kong Traders Pining for More
Start your day with what's moving markets in Asia. Sign up here to receive our newsletter. Introducing Hong Kong’s newest stock-market darling. Traders can’t seem to get enough of HSBC Holdings Plc. They’ve sent the shares up more than 20 percent in ... ( read original story ...)
World Bank, Alibaba fund invest in Hong Kong-based fintech startup
HONG KONG (Reuters) - Hong Kong-based startup CompareAsiaGroup has secured $50 million in funding from investors led by the World Bank's commercial lending arm, as the personal finance management platform looks to develop its technology and launch more ... ( read original story ...)
Hong Kong stocks have best day in four months, financials lend support
SHANGHAI, July 11 Hong Kong stocks extended this week's rally, posting their best day in four months on Tuesday, bolstered by strong gains among financial sector stocks. The Hang Seng Index rose 1.5 percent, to 25,877.64 points, while the China Enterprises ... ( read original story ...)
Startups inspire world in Hong Kong
HONG KONG ─ The trendiest startups and most successful companies have gathered in this Asian city to inspire the world at the RISE 2017 conference from Tuesday through Thursday. "For the next three days, there'll be more than 250 speakers, not just here ... ( read original story ...)
A pioneer in the tech startup scene on Hong Kong’s startup ecosystem and its potential
This article is part of Tech in Asia’s partnership with The Jay Kim Show where we publish the revised transcripts from the show’s podcast interviews with top entrepreneurs. This is heavily revised from the original show transcripts. For the full ... ( read original story ...)