The subsidiary, Onewo Space-Tech Service, has set a price range of HK$47.1 to HK$52.7 a piece in the public offering of 116.74 million of its shares, which represent 10% of the company's share capital ... ( read original story ...)
China Vanke’s Property Management Arm Plans Up to $783.6 Million IPO
Onewo is seeking to raise up to $783.6 million in its Hong Kong IPO against the backdrop of a difficult market for new listings and turmoil in China’s real-estate market. ( read original story ...)
Developer China Vanke unit eyes Hong Kong’s biggest 2022 IPO
Onewo Space-Tech Service, the property services arm of developer China Vanke, is aiming to raise as much as 6.15 billion Hong Kong dollars ($783 million) in Hong Kong's biggest IPO this year, ... ( read original story ...)
The 4th HK Digital Advertising Start-ups X Publishing (Writers) Promotion Support Scheme
Promotion Support Scheme (the "Support Scheme") is organised by the Hong Kong Association of Interactive Marketing ("AIM"), with support from Create Hong Kong ("CreateHK") of the Government of the ... ( read original story ...)
‘Food of my generation’: Hong Kong’s famed Hoover Cake Shop to close after almost half a century in business
In the old town of Kowloon City sits a decades-old corner shop that catches the eye of passers-by with a shopfront of bright red floral tiles and copies of comments praising its egg tarts, a custard ... ( read original story ...)
US inspectors arrive in PwC, KPMG offices in Hong Kong to review Chinese companies’ audit records, sources say
Teams of US audit inspectors started a historic review this morning at the Central offices of accounting firms PwC and KPMG, two sources told the South China Morning Post. ( read original story ...)
Coronavirus: Hong Kong risks losing more global sporting events to quarantine-free cities if tough Covid rules remain, industry leader and lawmaker say
Hong Kong risks losing more international sporting events if it clings to tough quarantine rules for arrivals as other Asian countries open up, an industry leader and a lawmaker have said. The warning ... ( read original story ...)
China Vanke unit Onewo to raise US$783m in Hong Kong’s largest IPO of 2022
Developer China Vanke's property services arm has launched Hong Kong's largest initial public offering (IPO) of 2022, aiming to raise up to US$783.5 million in a deal that will be a key test for ... ( read original story ...)
ByteDance pays to kick IPO can down the road
ByteDance is dancing to a different tune to keep stakeholders happy. TikTok's Chinese parent is spending up to $3 billion to buy back shares at a price that values the company at around $300 billion. ( read original story ...)
China Vanke spin-off seeks $780mn in Hong Kong’s biggest IPO this year
China Vanke plans to raise up to $784mn in Hong Kong from the spin-off of its property management unit, which is set to test global investor appetite for real estate-related listings after a string of ... ( read original story ...)
Australian business urges Hong Kong to abolish quarantine
The financial hub is under growing pressure to abolish hotel quarantine ahead of the Rugby Sevens and other big events. ( read original story ...)
Hong Kong tech leads losses in mixed Asia session; Fed, Bank of Japan rate decisions ahead this week
Shares in the Asia-Pacific was mixed on Monday ahead of major central bank meetings this week. The Hang Seng index in Hong Kong was 0.64% lower, with the Hang Seng Tech index down 1.9%. South Korea's ... ( read original story ...)
China Vanke’s Unit Seeks Up to $784 Million in Hong Kong IPO
Onewo Inc., the property management unit of real estate developer China Vanke Co., is planning to raise as much as about HK$6.2 billion ($784 million) through a Hong Kong initial public offering.Most ... ( read original story ...)
Hong Kong could see deficit of over HK$100 billion, financial chief says, as Covid continues to batter economy
The Hong Kong government’s fiscal situation will likely be “worse than expected,” Financial Secretary Paul Chan has said, as he predicted the city could see a deficit of more than HK$100 billion this ... ( read original story ...)