The tech-stock ardor sweeping the world has reached Hong Kong, judging by the response to China Literature Ltd.'s initial public offering. Continue Reading Below Orders for the IPO of the Tencent Holdings Ltd. unit, expected to raise $1.1 billion next week ... ( read original story ...)
Opulent home on Hong Kong’s Peak sold for nearly $149 million
Hong Kong authorities have tried to implement a raft of measures to cool the city’s property prices but Chief Executive Carrie Lam has said the government has no “magic wands”. The former British colony is one of the world’s wealthiest cities with ... ( read original story ...)
World Bank ranks Hong Kong No 5 on list of easiest places in the world to do business
Hong Kong slipped one place to fifth in the World Bank’s ranking of the easiest places to do business on Wednesday, prompting a government spokesman to say officials were working to strengthen legislation to improve the score. For the second straight ... ( read original story ...)
Hong Kong-listed firms urged to step up efforts on environmental, social and governance disclosure
Hong Kong-listed companies need to act fast to raise their environmental, social and governance (ESG) reporting and quality disclosure to match international standards to attract global investors and maintain the city’s status as a leading global ... ( read original story ...)
Tencent’s Red-Hot E-Book IPO Sets Stage for Music Arm Debut
China Literature Ltd., the online reading unit helping Tencent Holdings Ltd. build an entertainment empire, raised $1.1 billion alongside existing investors in its Hong Kong initial public offering, according to people with knowledge of the matter. ( read original story ...)
Hong Kong’s No Home for Orphans
For example, mainland buyers via the stock connect account for almost 5 percent of the shareholder base of HSBC Holdings Plc, the Hong Kong-founded bank that's now headquartered in London. The rest needn't bother. The city's stock market may be five ... ( read original story ...)
Hong Kong vows to further improve business environment after World Bank’s annual ranking
HONG KONG, Nov. 1 (Xinhua) -- The government of China's Hong Kong Special Administrative Region (HKSAR) vowed on Wednesday to further improve its business environment, after a World Bank annual report re-affirmed Hong Kong's position as one of the world's ... ( read original story ...)
HK 5th in World Bank report
Hong Kong has been ranked fifth in the world's easiest places to do business, reaffirming the Government's incessant efforts in business facilitation. The Government made the statement today after the World Bank's Doing Business 2018 report was released ... ( read original story ...)
Hong Kong seeks law banning booing of China’s national anthem
according to the official Xinhua news agency. “It is urgent and important to apply the National Anthem Law in Hong Kong in a bid to prevent and handle such offences.” ( read original story ...)
HK drops to fifth in world business city rankings
Hong Kong slipped down the rankings of the world's easiest places to do business, a report shows. This year, the city fell by one rung to the fifth from the year before in the World Bank's Doing Business 2018 report. The drop was mainly due to the lower ... ( read original story ...)
Yougawalla Pastoral Company sells Kimberley cattle stations to Hong Kong billionaire
Mr Hui is the founder of Hong Kong property developer Shimao Group, with projects in Asia and Australia. And now one of China's biggest property developers has expanded his interests in the Kimberley cattle industry. The deal covers 800 hectares of land ... ( read original story ...)
Razer to IPO in Hong Kong on Nov 13; gaming tech firm could be valued at up to S$6.2b
SINGAPORE - Gaming tech firm Razer is seeking to raise up to US$545 million (S$743 million) through an initial public offering (IPO) in Hong Kong that could value the company at up to US$4.55 billion. Razer, which is on a roadshow until Nov 6, has ... ( read original story ...)
Games Win Puts Focus on Banks’ Push for Gay Rights in Hong Kong
Because of the lack of legal status, some employees have refused to move to Hong Kong, according to an executive at a global bank who asked not to be identified because of the political sensitivity of the issue. But instead of easing rules, the Hong Kong ... ( read original story ...)
A tale of two cities: how home prices affect Hong Kong and Shanghai’s competitiveness
As Shanghai and Hong Kong battle for supremacy on the economic and financial fronts, property prices in the two cities could potentially become the game changer. According to a study jointly conducted by the United Nations and the Chinese Academy of Social ... ( read original story ...)