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Posted on 09/09/2024

China’s ultra-rich are snatching up luxury homes in bet on first-tier cities, defying property crisis in country

Linda Wang, a 30-year-old Shanghai native, bought a 186-square metre new home in the city’s downtown Xuhui district at 26.4 million yuan (US$3.7 million) on August 29, after she and her family sold ...

Posted on 09/09/2024

HSBC facilitates seamless digital collections for Sailor

The Hongkong and Shanghai Banking Corporation Limited (HSBC) has recently collaborated with Sailor, the flagship fashion brand of Epyllion Group to introduce a seamless cashless payment experience ...

Posted on 09/09/2024

Exclusive: Execs of Jimmy Lai’s Hong Kong media firm mount legal challenge against BDO

Two Western media executives with long experience in Hong Kong have accused global accounting firm BDO of breaking international rules by helping the city's government liquidate the company, which was ...

Posted on 09/09/2024

Korea steps up on global horse racing scene, Hong Kong is back, too.

Just as the horse racing season winds down in Europe, it heated up during the weekend in other corners of the world, including Korea.

Posted on 09/09/2024

Greenpeace Sounds Alarm On Microplastics Ingested By Hong Kong Wildlife

Microplastic particles turned up in the vast majority of waste samples taken from Hong Kong wildlife in a Greenpeace study, the group said Monday, suggesting that animals still ingest plastics even if ...

Posted on 09/09/2024

Hong Kong Refuses Entry to German Activist Who Went to China

A German political activist was denied entry to Hong Kong from mainland China, a rare case where immigration policy appeared more restrictive in the once-freewheeling finance hub than the rest of the ...

Posted on 09/09/2024

Midea’s Hong Kong IPO to raise $3.5 billion, possibly the biggest offering in 2024

Midea Group, the world's largest home appliance maker, announced on Sunday plans to raise up to HK$27 billion ($3.46 billion) in an IPO at the Hong Kong Stock Market, possibly the biggest IPO at the ...

Posted on 09/09/2024

Scammers get Hong Kong man, 74, to stay in hotels for a week, steal HK$16 million from him

Police say retiree fell to phone scammer who impersonated mainland government investigator, while alleged suspect in con possibly a victim himself.

Posted on 09/09/2024

Insurers adapt to serve Hong Kong, Singapore family offices

UHNW and HNW families are expected to reach $5.8t in wealth by 2030. The surge in family offices across Hong Kong and Singapore is opening up new avenues for insurers. As ultra-high-net-worth (UHNW) ...

Posted on 09/09/2024

Letters from readers: Hong Kong needs show promoting inventions and startups, favourite foods and panda twins

This week, readers tell us why the city should have its own version of ‘Shark Tank’, the foods they love to eat and celebrate our new panda residents.

Posted on 09/09/2024

Chinese Appliance Giant Midea Seeks Up To $3.5B In Hong Kong Listing

Midea Group, the Chinese home appliance giant founded by billionaire He Xiangjian, is listing its shares in Hong Kong and hoping to raise up to HK$27 billion ($3.5 billion).

Posted on 09/09/2024

China’s Midea Moves Ahead With Hong Kong’s Likely Biggest Listing This Year

Chinese appliance maker Midea Group has started taking orders from investors for an initial public offering to raise up to US$3.46 billion in Hong Kong.

Posted on 09/09/2024

Hong Kong teacher accused of sexually assaulting 16-year-old girl

Social media post detailing the accusations sparked outrage, prompting the Education Bureau to pledge accountability.

Posted on 09/09/2024

Midea Starts Taking Investor Orders for Up to $3.5 Billion Hong Kong IPO

Midea Group Co. has started taking investor orders for an up to $3.5 billion share sale in Hong Kong, what is set to be the city’s biggest listing in more than three years. Most Read from BloombergWor ...

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