About 240kg of suspected cannabis buds seized in month-long operation targeting a syndicate that used the city as a transit hub Hong Kong customs has arrested 10 people and seized suspected cannabis ...
Hong Kong-listed giant joins the fray at mycar auction
There’s a third well-credentialed bidder in the final lap of German giant Continental AG’s sale of automotive repair chain mycar, formerly known as Kmart Tyre & Auto. Multiple sources told Street Talk ...
Hang Seng closes higher as Hong Kong buyers push past early losses
Hong Kong turned a flat open into a modest gain, and Shanghai closed at 3,990, within 10 points of 4,000. Beijing has pledged support without big new stimulus, so this grind higher is coming from ...
How Hong Kong infrastructure, AI firms are tapping Malaysia’s growth prospects
Executives say they are actively pursuing business opportunities in Malaysia and that adapting to local market dynamics is key Hong Kong infrastructure and artificial intelligence (AI) firms are well ...
Hedge Fund Tax Break Grips Hong Kong as Banks Fear Exodus
Hong Kong’s move to cut taxes for hedge funds has set off a frenzied wave of maneuvering across the city’s financial sector, with investment banks fearing an exodus of prop traders and one fund even ...
Is Hong Kong’s property market recovery running out of gas? UBS flags 4 risks
Amid AI’s impact, slower population growth, regional integration and newly built homes, investment bank says property prices likely to remain flat.
Shein’s IPO Could Come At a Quarter Of Its Past Valuation
The fast-fashion giant could seek a valuation of around $25 billion in its Hong Kong IPO as investors question whether it can revive the explosive growth that once made it one of the world's most ...
Opatra London distances itself from Hong Kong firm over deceptive sales allegations
London-based beauty chain says it deeply regrets if any customers have had ‘a distressing experience associated with our brand’.
Hong Kong exchange extends CEO Bonnie Chan’s term for 3 more years
Tenure to extend until 2030 for CEO who is ‘strengthening Hong Kong’s role as a leading international financial centre’, chairman says.
Shein cuts company valuation to around $25 billion in Hong Kong IPO, sources say
Online fast-fashion retailer Shein is eyeing a company valuation of around $25 billion in its Hong Kong IPO, said three people with knowledge of the matter, down from nearly $100 billion four years ...
PwC predicts tax revamp will lure multinationals to Hong Kong – report
PricewaterhouseCoopers (PwC) tax experts say Hong Kong's proposed tax incentives for corporate treasury centres will attract multinational and mainland companies. This was outlined in a South China ...
Exclusive – Shein cuts company valuation to around $25 billion in Hong Kong IPO, sources say
By Summer Zhen and Kane Wu HONG KONG, Aug 17 (Reuters) - Online fast-fashion retailer Shein is eyeing a company valuation in its planned Hong Kong IPO of just a quarter of the nearly $100 billion ...
Hong Kong police officer loses appeal over 6½-year term for HK$26m mortgage fraud
Court of Appeal upholds Superintendent Harbour Chan's conviction for two counts of fraud, finding he knowingly made false claims about his job A Hong Kong court has dismissed an appeal by a senior ...
Shein eyes company valuation of around $25 billion in Hong Kong IPO, sources say
Online fast-fashion retailer Shein is eyeing a company valuation of around $25 billion in its Hong Kong IPO, said three people with knowledge of the matter, down from nearly $100 billion four years ...