Prior to HealthAllies, he was a consultant with McKinsey & Company and an investment banker with ... Amsterdam, Beijing, Greenwich, Hong Kong, London, Mexico City, Mumbai, Munich, Palo Alto, São Paulo, and Singapore. Copyright (c) Buyouts Insider/Argosy ... ( read original story ...)
Hong Kong Investigating 15 Firms Over IPO Sponsor Work, SFC Says
The Securities and Futures Commission is investigating 15 financial firms that sponsored initial public offerings in Hong Kong, amid concern over “substandard” work, according to head of enforcement Tom Atkinson. Failure to verify critical information ... ( read original story ...)
Between rampant inequality and tensions with China, Hong Kong’s new chief executive paints a ‘grave’ picture
Carrie Lam said that the government’s work on reform had been “open and transparent.”. SCMP Pictures HONG KONG (Reuters) - In her maiden policy speech Hong Kong's Chief Executive Carrie Lam on Wednesday warned the city faced "grave" challenges and ... ( read original story ...)
Hong Kong regulator expands IPO probe to 15 banks and securities firms
Hong Kong’s markets watchdog is investigating 15 banks and securities ... UBS has said that the SFC’s action could lead to a suspension for its IPO sponsoring business. In a prophetic warning, last month the Swiss bank’s global investment banking ... ( read original story ...)
New Hong Kong leader proposes corporate tax cut
HONG KONG - Hong Kong will step up support for technology development and small business, Chief Executive Carrie Lam pledged in her first policy address since assumed the city's highest office more than three months ago. Lam noted on Wednesday that Hong ... ( read original story ...)
Hong Kong leader says Asian financial hub faces ‘grave’ challenges
HONG KONG: In her maiden policy speech Hong Kong’s Chief Executive Carrie Lam on Wednesday warned the city faced “grave” challenges and must develop a diversified and high value economy, unveiling a mix of housing and tax relief policies to raise ... ( read original story ...)
Hong Kong leader: Reject threats to China’s sovereignty
Hong Kong's leader said Wednesday that residents of the southern Chinese city are obliged to reject threats to China's sovereignty, in what appeared to be a veiled warning aimed at rising separatist sentiment. Chief Executive Carrie Lam in her policy ... ( read original story ...)
HKSAR Government welcomes issuance of US dollar sovereign bonds by Ministry of Finance in Hong Kong
The Ministry of Finance announced today (October 11) that it will issue US dollar sovereign bonds totalling US$2 billion in Hong Kong, of which US$1 billion will be issued in 5-year tenor and the remaining US$1 billion in 10-year tenor. This will be the ... ( read original story ...)
Hong Kong Developers Fall as Lam’s Speech Skirts Land Issue
Hong Kong developer stocks reversed earlier gains after Chief Executive Carrie Lam’s maiden policy speech didn’t spell out proposals to boost land supply or detail a highly anticipated plan to convert farm land into homes in the world’s least ... ( read original story ...)
Lalamove Scores $100M Investment From China: Is This Hong Kong’s Next Unicorn?
Pulling in close to news of Hong Kong startup GoGoVan’s merger with 58 Suyun – a deal that reportedly makes the combined group worth $1 billion – another Hong Kong-based startup, Lalamove, announced its Series C funding of $100 million, led by ... ( read original story ...)
Hong Kong leader says to cut taxes, ease housing crunch in maiden policy address
(Corrects to clarify figure in first paragraph refers to Hong Kong dollars) HONG KONG, Oct 11 (Reuters) - Hong Kong will cut company profits tax to 8.25 percent for the first HK$2 million of earnings, Hong Kong's Chief Executive Carrie Lam said in her ... ( read original story ...)
China to issue $2bn dollar-denominated sovereign bonds in Hong Kong
China’s government has announced plans to issue $2bn of dollar-denominated sovereign bonds in Hong Kong, the first such issuance in 13 years. The Ministry of Finance said in an announcement on Wednesday that it would in the coming days issue a total of $ ... ( read original story ...)
Hong Kong regulator probing 15 firms for IPO sponsorship roles
HONG KONG (Reuters) - Hong Kong’s securities regulator is probing “substandard work” done by 15 firms in their roles as sponsors for initial public offerings (IPO) in the Asian financial hub, a senior official said on Wednesday. Speaking at the ... ( read original story ...)
ADRs End Higher; HSBC, Total Trade Actively
HSBC Holdings PLC (HSBC, HSBA.LN, 0005.HK) and Total SA (TOT, FP.FR) were among those with ADRs that traded actively. HSBC shares have benefited from the company's international exposure following the U.K.'s vote to leave the European Union, though ... ( read original story ...)