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Posted on 27/04/2024

Chinese cornerstone investors are new pillars of Hong Kong IPOs and it’s not all good news

Chinese local government entities have carried the mantle of cornerstone investors in first-time stock offerings in Hong Kong in the past two years as foreign investors shun deals. Their outsize role ...

Posted on 27/04/2024

Hong Kong must find its drive again as rivals like Singapore surge ahead

Hong Kong’s growing disparity with Shanghai, Shenzhen and Singapore is cause for concern. The city must adapt and learn to take risks again to maximise its ‘two systems’ advantages.

Posted on 27/04/2024

Michigan man caught after attempting to flee US to Hong Kong after fatal building explosion, fire: police

Noor Noel Kestou, 31, attempted to flee the U.S. after the fatal explosion at his vape and smoke business, Goo Smoke Shop/Select Distributors, on March 4.

Posted on 27/04/2024

Shinhan Financial takes back leading status in Q1 earnings

Shinhan Financial Group has reclaimed its position as the leading financial conglomerate in the country for its first-quarter earnings, due mainly to the expansion of corporate loans and improved ...

Posted on 27/04/2024

Veteran Hong Kong teacher fired and who lost pension over 2019 unrest Facebook posts wins appeal against ‘harsh and oppressive’ decision

Judge rules decision to sack Toffee Tam was ‘so harsh and oppressive’ it must have involved ‘some error of law’.

Posted on 27/04/2024

Hong Kong signs 20 cooperation documents with Shanghai to boost ties in digital economy, finance, among other fields

City leader John Lee says two cities have reached consensus on 65 projects spanning 15 sectors, including innovation, technology and industrial development.

Posted on 27/04/2024

New ultra-running startup launches shoes designed to handle hundreds of miles at a time

Mount to Coast, a Hong Kong-based startup claiming to be the first fitness brand in the world to specialize in dedicated ultra running footwear, has just launched its first two shoes: the R1 for ...

Posted on 27/04/2024

Hong Kong halt on production of bags for waste-charging scheme sparks calls for introduction to be delayed ‘for at least a year’

Halt to production of special trash bags for waste disposal scheme sparks call from city’s biggest party for yet another delay to the scheme’s introduction.

Posted on 27/04/2024

Michigan man charged in deadly business explosion was fleeing to Hong Kong, police say

MACOMB COUNTY, Mich. (CBS DETROIT) — A Commerce man facing manslaughter charges in connection with a deadly, massive explosion at a Clinton Township business in March had a one-way ticket to Hong Kong ...

Posted on 27/04/2024

CDF launched a high-level management team reshuffle, new management team makes grand debut

China Development Financial Holding Corporation (hereinafter referred to as “CDF”) launched a high-level management team reshuffle. Today (26th), the Board of Directors approved Alan Wang to succeed ...

Posted on 27/04/2024

Hong Kong e-commerce merchants embrace cross border sales amid economic challenges, survey finds

A growing number of Hong Kong e-commerce merchants are expanding their business to customers beyond the city, according to the latest report by e-commerce solution provider Shopline.

Posted on 27/04/2024

Hong Kong’s Sai Kung and Sha Tin districts record most intense rainfall citywide amid 5-hour amber rainstorm signal

Forecaster issues amber warning on Friday, signalling heavy rain exceeding 30mm an hour has fallen over Hong Kong.

Posted on 27/04/2024

Owner of building in Clinton Township explosion caught with 1-way ticket to Hong Kong

Noor Noel Kestou, 31, of Commerce Township, was arrested at JFK International Airport while attempting to fly on a one-way ticket to Hong Kong.

Posted on 27/04/2024

European Parliament slams Hong Kong’s jailing of EU national on security charges, calls for freeing of Jimmy Lai

Resolution calls for freeing of Joseph John, as well as activist Andy Li and newspaper publisher Jimmy Lai, and condemns Hong Kong’s passage of domestic national security law.

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