Launching the Saudi Aramco initial public offering (IPO) on Hong Kong stock exchange would be a "match made in heaven," Charles Li, CEO of HKEx, told CNBC. The expected listing of the Saudi oil and gas company is predicted to be the world's largest initial ... ( read original story ...)
Who will win the world's biggest IPO?
And as for Hong Kong, Nagata said that exchange may boast China-based institutional investors, but it has fewer individual investors than Tokyo. Speaking with CNBC this week, HKEX CEO Charles Li made his own pitch for Aramco, saying an IPO in Hong Kong ... ( read original story ...)
This Selfie App Has Soared Over 35% Since December IPO
Meitu (1357.Hong Kong), China’s own Instagram, has risen by over 35% after raising about $600 million in an IPO in Hong Kong last December. Meitu is rising for a fourth consecutive day and is trading at 11.62 Hong Kong dollars, a good 37% above its IPO ... ( read original story ...)
Minsheng extends education IPO streak
It will be the third Hong Kong IPO in the education sector this year, coming hot on the heels of Wisdom Education... ( read original story ...)
Hong Kong home prices at record even amid 2017’s three rate increases
Hong Kong residential property prices appear at a disconnect with the uptrending cycle of US interest rates, thanks to strong local buying interest and rising demand from mainlanders seeking to hedge against yuan depreciation. Home prices surged to a new ... ( read original story ...)
Hong Kong leadership rivals clash ahead of 'unfair' vote
Hong Kong's leadership candidates faced off in a live television ... Lam is lagging in most public opinion polls which favour former finance secretary John Tsang, perceived as a more moderate pro-establishment nominee. The third and most liberal candidate ... ( read original story ...)
Hong Kong the most expensive Asian city to build anything in, survey reveals
Hong Kong, already the world’s least affordable urban centre ... America and western Europe combined in the two decades between 1992 and 2013, according to McKinsey Global Institute’s 2016 survey. The Chinese government will pump 1.8 trillion yuan ... ( read original story ...)
Hong Kong drug trafficker on death row moved to Indonesia’s ‘Execution Island’
A Hong Kong drug offender facing the death penalty in Indonesia has been sent to Central Java’s so-called “Execution Island”. Lai Siu-cheung, who was convicted of trafficking 91kg of methamphetamine, was among seven foreign nationals transferred to ... ( read original story ...)
Hong Kong driver arrested after Lexus flies through air, killing two passengers in fiery crash
A 40-year-old man has been arrested for dangerous driving causing death after a Lexus crashed and burst into flames in Fanling early on Tuesday, killing two passengers. The driver was rescued by passers-by before the blaze swept throught the car and burned ... ( read original story ...)
Hong Kong policeman becomes viral sensation after saving Pakistani man
At a time when people can become internet sensations for just about anything, a Hong Kong policeman has gone viral for his using his language skills to save a man's life. The internet has gone wild for a Hong Kong policeman who saved a Pakistani man who ... ( read original story ...)
Five fast facts about Taste of Hong Kong 2017, and some of the festival menu highlights
Tickets for Taste of Hong Kong start at HK$138 for Thursday and Friday, and HK$168 for Saturday and Sunday, while VIP passes are HK$598 on weekdays, HK$648 on weekends. See Ticketflap for details. ( read original story ...)
Montreal falls, Vancouver passes Toronto & Waterloo in global startup city rankings –
Canada actually shows improvement despite the minor shifts, as the report two years ago did not include data on startup cities in the Far East, Hong Kong, or Singapore. This one does, yet Canada’s power remains steady. “Canadian cities score ... ( read original story ...)
Spot Chinese silicon supply sparse as producers start furnace overhauls
Spot Chinese silicon metal supply in mainland China has turned sparse in March, as producers begin to overhaul their furnaces, the silicon branch of China Nonferrous Metals Industry Association said in a report in its website Tuesday. The association said ... ( read original story ...)
China, HK stocks up as Beijing official says economy steadier
All main sectors rose in China and Hong Kong. China's tech-heavy start-up board ChiNext rose over 1 percent, outperforming the broader market, after Wan Gang, head of China's Ministry of Science & Technology said over the weekend that China will soon ... ( read original story ...)