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 ...
Hong Kong court orders unit of SDIC Commodities to liquidate
(Aug 17): A unit of China’s state-backed SDIC Commodities Co was ordered to liquidate by a Hong Kong court, adding to the financial troubles for the metals trader as Beijing increases scrutiny on the ...
Hong Kong maid cafe operator arrested for allegedly molesting staff, 14
Operator of Mong Kok cafe, a 35-year-old man, allegedly touched employee multiple times, beginning on her first day at work.
Hang Seng Opens 1.3% Higher as Hong Kong Buyers Bet on China Without a Stimulus Catalyst
Hong Kong opened 1.3% higher even after Beijing signaled it will support growth without a big new stimulus package, per Reuters. Buyers are paying up for China exposure without the policy bazooka ...
Hong Kong tax reforms for treasury centres will lure multinationals, mainland firms: PwC
The proposed law will offer a five-year pre-approval for large companies with at least HK$100 million in annual revenue and six subsidiaries.
Global expats, entrepreneurs tap Hong Kong for solid career prospects
In a July survey by British asset management firm St. James's Place of 450 wealthy expats living in Hong Kong, 74 percent of the respondents said they plan to settle in the city for at least eight ...
How an escalating crackdown on Hong Kong’s independent bookstores put Taiwan publishers in the spotlight
After climbing four flights of stairs in the August summer heat, Helen was met with a locked metal gate and a printed sign saying Have a Nice Stay had permanently closed. “I didn’t think it would be ...
Hong Kong police launch internal probe into officer over viral dog-ear dancing clip
The police force has launched an internal investigation into an officer who appeared in a viral video dancing in uniform with a dog-ear filter. The clip gained traction on platforms in mainland China, ...
Hong Kong’s Stablecoin Bifurcation: Two Paths for Tokenized Money
The arrival of regulated stablecoins in Hong Kong is less a singular race for market share and more a structural bifurcation of how tokenized money will function in the regional economy. With the Hong ...
Hong Kong ex-manager charged over unauthorised access to confidential files at regulator
Tong Ka-lei, 39, former SFC enforcement division manager, faces 12 counts of obtaining access to a computer with a view to dishonest gain.
Hong Kong boy, 14, arrested for animal cruelty after badly injured cat dies
A 14-year-old Hong Kong boy has been arrested on suspicion of animal cruelty after bringing a badly injured cat that later died to a clinic for treatment. Police said on Sunday that they received a ...
Flags to fly at half-staff in Hong Kong as tribute to late ex-premier Zhu Rongji
Flags will be lowered on Tuesday at government headquarters, Government House, border crossings and Hong Kong airport.