New World Development, built by the Chengs – one of Hong Kong’s “big four” property dynasties, is now struggling with debt after years under a third-generation heir’s leadership, highlighting the ...
Hong Kong Expands e-CNY Use, Plans Higher Wallet Limits
Hong Kong expands e-CNY use, adding more merchants and exploring higher wallet limits to boost cross-border payments.
-ByteDance rival Kuaishou aims to raise up to $5 bln in HK IPO -sources
Chinese online short video start-up Kuaishou aims to raise up to $5 billion in a Hong Kong initial public offering (IPO) as early as January, people with direct knowledge of the matter said, gearing ...
NBA Games Return to China Six Years After Hong Kong Fallout
The NBA is preparing for its return to China with preseason games in gambling hub Macau, six years after a fallout over the protests in Hong Kong put the relationship on ice.
Ant Group plans to raise more funds in Shanghai than HK in giant IPO -sources
China's Ant Group plans to raise more funds on Shanghai's Nasdaq-style market than in Hong Kong as part of its up to $30 billion dual listing, people with direct knowledge of the matter said, in a ...
HSBC’s top boss bets US$14 billion on Hong Kong in push for growth
For a bank that has spent much of the last decade shying away from major deals, Elhedery’s approach marks a sea change from his predecessors Read more at The Business Times.
NBA returns to China after 6-year rift triggered by Hong Kong protests
Basketball league restarts pre-season games in bid to revive business in its most important international market ...
Wall Street Bank Citi Flags OSL as Top Bet in Hong Kong’s Crypto Sector
The bank's analysts started coverage of crypto exchange OSL with a buy/high risk rating and a HK$21.80 price objective ...
Hithium likely to continue Hong Kong IPO process after initial application
Xiamen Hithium Energy Storage Technology Co. Ltd. is likely to restart its Hong Kong IPO process in the next three months, after its application filed earlier this year expired, as it seeks funds for ...
Hong Kong Science Park aims to double number of start-ups in incubation scheme
Hong Kong Science and Technology Park launches upgraded life and health tech-focused incubation programme Incu-Bio.
Hithium Experiences Rapid Business Growth, Likely to Continue Hong Kong IPO by Year-End
Xiamen Hithium Energy Storage Technology Co. Ltd. is likely to restart its Hong Kong IPO process in the next three months, after its application filed earlier this year expired, as it seeks funds for ...
HSBC Offers to Take Hang Seng Bank Private for $13.6 Billion
HSBC Holdings has offered to take Hong Kong’s Hang Seng Bank private in a US$13.6 billion deal, advancing its Asia-focused strategy as the banking giant continues to streamline its business.
HSBC to privatise Hang Seng Bank in surprise bid for efficiency amid real estate loan woes
HSBC offers to buy subsidiary Hang Seng Bank’s shares for HK$155 each, according to an exchange filing on Thursday.
HSBC Bids $13.6 Billion for Full Control of Smaller Hong Kong Lender
The $13.6 billion bid shows HBSC Chief Executive Georges Elhedery switching to offense mode, after about a year at the helm of Europe’s biggest bank by assets. He has cut costs and layers of ...