Chinese electric vehicle maker Zhejiang Leapmotor Technology and China Vanke , unit Onewo Inc shares, two of Hong Kong's largest inital public offerings (IPO) of 2022, are set to open in the red, ... ( read original story ...)
CALB Is Said Poised to Price Hong Kong IPO at Bottom of Range
CALB Co., a Chinese battery supplier for electric vehicle makers, is telling prospective investors it plans to price its Hong Kong initial public offering at the bottom of its marketed range, ... ( read original story ...)
Hong Kong home prices fell in August to lowest since February 2019, unlikely to be boosted by ‘0+3’ quarantine relaxation
The prices of homes in Hong Kong fell by 2.26 per cent in August to their lowest level in three-and-a-half years, and are unlikely to get much support from the city’s reduced Covid-19 hotel quarantine ... ( read original story ...)
Hong Kong video showing double masked schoolchildren playing the flute draws ridicule
Find your bookmarks in your Independent Premium section, under my profile The ad, which was released by Hong Kong’s education bureau ahead of China’s National Day on 1 October, is a five ... ( read original story ...)
Hong Kong ‘odd job worker’ arrested on suspicion of laundering HK$370 million through string of bank accounts
Man, 38, arrested for suspected money laundering of millions of dollars after early morning raid on public housing flat shared with parents. ( read original story ...)
Hong Kong’s subdivided flats: why the people who live in them say they have no choice
After a long night shift, security guard Leung returns to the tiny space he calls home in an old residential building in Sham Shui Po. There are more than 220,000 people like Leung, living in Hong ... ( read original story ...)
Leapmotor, Onewo IPOs undersubscribed in Hong Kong as stock investors get cold feet amid market sell-off
Hong Kong investors failed to fully subscribe for their local allocations in the two stock offerings as the Hang Seng Index slides to an 11-year low Some 35 of the 47 IPOs in Hong Kong this year have ... ( read original story ...)
Hong Kong defends currency peg for 32nd time this year amid outflow of capital chasing US dollar assets
The city's de facto central bank bought HK$1.94 billion and sold US$247 million on Wednesday The authority has bought a total of HK$215.035 billion and sold US$27.39 billion this year The Hong Kong ... ( read original story ...)
Hong Kong’s lived-in home prices to revisit 2017 levels as more rate increases prolong housing market correction
The housing industry is due for further correction, according to property analysts, as some secondary-market transactions approached 2017 lows. ( read original story ...)
Hong Kong’s crypto industry eager for policy support
HONG KONG: Hong Kong's cryptocurrency entrepreneurs and investors are looking to the government to take more measures to support the industry amid growing concerns about the city's diminishing ... ( read original story ...)
Feds sought to jail father charged in $100 million New Jersey deli scam with Hong Kong-based son at large
Peter Coker Sr., 80, was arrested Monday in North Carolina in the alleged deli scheme. His Hong Kong-based son was also charged and remains at large. ( read original story ...)
Hong Kong’s End of COVID Travel Restrictions A Boon for Business
Hong Kong’s chief executive John Lee has announced an official end to the COVID quarantine requirements for travelers entering the territory as focus shifts away from a COVID zero policy mirrored on ... ( read original story ...)
Mild Upside Predicted For Hong Kong Shares
The Hong Kong stock market on Tuesday ended the four-day losing streak in which it had plummeted more than 925 points or 5 percent to ... ( read original story ...)
Vatican accused of appeasing China by former bishop of Hong Kong
The Vatican has been accused of cosying up to China after the Pope failed to publicly defend a cardinal on trial in Hong Kong ... ( read original story ...)