Goldman Sachs chief executive David Solomon, Morgan Stanley’s James Gorman and Citigroup’s Jane Fraser will attend a financial forum in Hong Kong designed to restore the citys ... ( read original story ...)
Hong Kong’s Abrupt Quarantine End Triggers New Crisis for Hotels
Hong Kong’s former quarantine hotels are awash with empty rooms, after the city axed its dreaded mandatory isolation rule for arrivals but kept other virus curbs likely to repel inbound tourists. ( read original story ...)
Hong Kong attempts to reconnect with the world by relaxing COVID-19 travel restrictions
In an attempt to reconnect with the rest of the world, Hong Kong is relaxing its pandemic travel restrictions. Starting September 26, 2022, incoming travelers will no longer be required to undergo ... ( read original story ...)
Self-exiled Hong Kong democrat sentenced to 3 1/2 years in jail in absentia
A court in Hong Kong on Thursday sentenced a pro-democracy activist and former lawmaker, Ted Hui, to 3 1/2 years in jail for "criminal contempt" after he failed to show up for trial in several ... ( read original story ...)
Hong Kong government brushes aside cooling housing market as it lines up three residential plots worth US$4.9 billion for sale
The three sites in Kai Tak, Stanley and Kennedy Town will yield around 2,500 flats, but analysts expect developers to be conservative in their bids amid a slowdown in the housing market. ( read original story ...)
Hong Kong IPO activities increases in the third quarter, says KPMG
Geopolitical and economic uncertainties continue to weigh on global markets, with proceeds from initial public offerings (IPO) in the United States and Hong Kong dropping by 94% and 76% respectively ... ( read original story ...)
Leapmotor and Onewo shares tumble in Hong Kong debut
Hong Kong's two largest completed IPOs of 2022 worth a combined $1.5 billion closed deep in the red on their market debuts on Thursday, dampening prospects of a recovery in new share sales in the city ... ( read original story ...)
Clifford Chance, Pillsbury Lead on $807M Hong Kong IPO of Electric Vehicle Maker
Despite a recent spike in IPOs, capital market deal volumes have fallen sharply in Hong Kong this year. Clifford Chance, Grandway Law Offices, Pillsbury Winthrop Shaw Pittman and Han Kun Law Offices ... ( read original story ...)
Hong Kong IPOs flop as Leapmotor sinks 37 per cent in market debut and Onewo struggles below offer price
Zhejiang Leapmotor plunges 37 per cent while Onewo loses almost 5 per cent in morning trading Both IPOs were undersubscribed by local investors in a week when the Hang Seng Index hits an 11-year low, ... ( read original story ...)
CALB Prices $1.3 Billion Hong Kong IPO at Bottom of Marketed Range
The firm marketed about 265.8 million shares at HK$38 to HK$51 each. An external representative for CALB declined to comment. ( read original story ...)
Hong Kong legal sector must seize on unique strengths of ‘one country, two systems’ to seek more business in mainland China: justice minister
Secretary for Justice Paul Lam tells legal forum 'to make good use of Hong Kong's unique status under one country, two systems' Minister adds new law allowing local courts to enforce civil and ... ( read original story ...)
Former Hong Kong lawmaker sentenced to 3 1/2 years in jail
Former Hong Kong lawmaker and pro-democracy activist Ted Hui was sentenced to 3 1/2 years in jail for criminal contempt after he skipped bail and fled overseas, missing trial for cases against him. ( read original story ...)
Billionaire Li Ka-Shing’s CK Asset Sells Hong Kong Properties To Singapore Fund For $2.65 Billion
Hong Kong billionaire Li Ka-shing’s CK Asset Holdings, gave up its all and only issued shares in Aim Clever Holdings, an indirect wholly-owned subsidiary of the company that owns residential ... ( read original story ...)
Hong Kong wins over Wall Street CEOs after lifting strict Covid rules
Hong Kong has finally secured commitments from some of the world's biggest banks to participate in a long-awaited summit, as it seeks to reaffirm its status as a global financial hub. ( read original story ...)