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Posted on 16/10/2023

Citi, HSBC Become 1st Banks to Use HKEX Synapse Platform

Citigroup and HSBC became the first banks to use HKEX Synapse platform, a new integrated settlement acceleration platform for Shanghai- and Shenzhen-Hong Kong Stock Connects. Citigroup securities ...

Posted on 16/10/2023

As Hong Kong’s currency peg turns 40, analysts are divided if it should be aligned with the Chinese yuan instead of the US dollar

The peg was established when there was a crisis of confidence and it has provided monetary stability to the city for 40 years, HKMA boss says Hong Kong should not change the peg in a hurry, but it is ...

Posted on 16/10/2023

Hong Kong teen’s rescue a reminder to care for our struggling youth

The openness of Matthew Tsang's parents about his mental health struggles can help us as a community to remember to pay attention to the issues affecting young people's well-being The sensationalised ...

Posted on 16/10/2023

Tencent-Backed Logistics Firm Plans to Raise Over $500M in Hong Kong IPO

By P.R. Venkat Tencent-backed J&T Global Express is the latest logistics-related company seeking to tap investors' appetite in Hong Kong with a 3.92 ...

Posted on 16/10/2023

UPDATE 1-Courier services startup J&T Express to raise $500 million in Hong Kong IPO

Indonesian courier services startup J&T Global Express said on Monday it planned to raise up to HK$3.92 billion ($500.97 million) in Hong Kong's second-largest initial public offering (IPO) in 2023.

Posted on 16/10/2023

Hong Kong’s retail space vacancy to stabilise as global brands boost local presence to reconnect with target consumers

Some retail and lifestyle stores are expanding their local presence to connect with their target customers in post-pandemic era, Cushman says Rentals for high-street shop space have risen in the past three quarters,

Posted on 16/10/2023

Pegula beats Yuan to claim Korea Open title. Fernandez wins Hong Kong Open

Jessica Pegula has beaten Yuan Yue 6-2, 6-3 in the final of the Korea Open for the fourth title of her career.

Posted on 16/10/2023

$1.5 Million in Suspected Cocaine Found in Hong Kong Traveler’s Wheelchair Could Land Him in Prison for Life

A man is facing a potential life sentence after customs officials at ​Hong Kong International Airport reported they seized about $1.5 million worth of suspected cocaine from his wheelchair on Saturday. The unidentified man, 51, arrived in Hong Kong from Sint Maarten via Paris, France, according to a statement from the government of Hong Kong.

Posted on 16/10/2023

J&T Global Express Eyes $500.97M in Hong Kong IPO Amid Challenges

In the bustling streets of Jakarta, a courier from J&T Global Express weaves through the dense traffic, his motorcycle laden with packages. These riders, a lifeline in the ever-expanding realm of ...

Posted on 16/10/2023

Courier services startup J&T Express to raise $500 million in Hong Kong IPO

Indonesian courier services startup J&T Global Express said on Monday it planned to raise up to HK$3.92 billion ($500.97 million) in its Hong Kong initial public offering.

Posted on 16/10/2023

KPMG Expects HK IPO Mkt to Remain Challenging in Short Term, HK to Return to Top 5 Global IPO Mkts by End-yr

Hong Kong is expected to return to the top 5 global IPO markets by the end of 2023, supported by around 110 listing applications so far, according to KPMG's Chinese Mainland an... Hong Kong is ...

Posted on 16/10/2023

Hong Kong: 11kg suspected cocaine found in motorised wheelchair

Officials at Hong Kong International Airport have uncovered an estimated 12m Hong Kong dollars (£1.27m)-worth of suspected cocaine hidden in the cushions of an electric wheelchair. The 11kg haul was ...

Posted on 16/10/2023

$12m Hong Kong dollars of suspected cocaine found in motorised wheelchair

Officials at Hong Kong International Airport have uncovered an estimated 12m Hong Kong dollars (£1.27m)-worth of suspected cocaine hidden in the cushions of an electric wheelchair. The 11kg haul was ...

Posted on 16/10/2023

Hong Kong district council election: main opposition party fields fewer-than-expected number of candidates, 6, for race

Total of six hopefuls, instead of previously reported eight, in stark contrast with more than 100 from pro-Beijing rival.

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