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 ...
Hong Kong tourist arrivals up 3% in July as bad weather curbs mainland growth
Tourism board says international meetings, incentives, conventions and exhibitions helped drive an increase in business visitors and arrivals from some source markets Hong Kong recorded about 4.5 ...
Exclusive – Shein eyes company valuation of around $25 billion in Hong Kong IPO, sources say
HONG KONG, Aug 17 (Reuters) - 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 ...
Hong Kong merchant jailed for trying to kill wife, daughters amid debt woes
Defendant, who had been receiving treatment for depression, said he feared debt collectors would harass his family as he struggled to keep his business afloat A Hong Kong merchant has been jailed for ...
Hang Seng: Bullish flag emerges ahead of Shein IPO, Baidu and Alibaba earnings
Top companies like Baidu and Alibaba will announce their earnings. The Hang Seng Index rose to 25,517 on Monday as investors waited for the highly anticipated Shein IPO and key earnings by some of the ...