[Photo/Agencies] Chinese technology giant Xiaomi is expected to stand at a listing hearing for formal approval of initial public offering on the Hong Kong stock exchange Thursday, a step closer to a listing for the company in the city in early July ... ( read original story ...)
Tencent-backed live-streaming game platform Douyu plans IPO in Hong Kong next quarter
Tencent-backed live-streaming games platform Wuhan Douyu Network Technology Co is planning an initial public offering in Hong Kong to raise as much as US$700 million, according to people familiar with the matter. The company is aiming for a listing in the ... ( read original story ...)
Hong Kong’s China Loan Pipe Is Gurgling Too Loud
While Hong Kong’s stock and bond investment pipes to mainland China get much attention, a third link between the financial center and the People’ Republic has largely flown under the radar. The hidden “connect” hooks up banking flows from the ... ( read original story ...)
Hong Kong displays its financial charms in pitch to Bay Area
Hong Kong, China's Pearl in the East, once again has extended an invitation to American business and capital institutions, hoping its fiscal strengths can converge with US technology and innovation. James Lau, secretary for financial services and the ... ( read original story ...)
BOC Hong Kong : Statement on Fake email
Bank of China (Hong Kong) Limited ("BOCHK") wishes to alert customers and the general public to a fake email, with sender's name "Bank of China (Hong Kong)" [email protected].asia. The fake email intends to steal customers' personal data by requesting ... ( read original story ...)
Hong Kong finance expertise to speed development of Hainan
Hong Kong will lend its expertise in fundraising to the coastal region of Boao in Hainan province. In return, the southern province will give licences to Hong Kong’s hospitals and professionals to operate in the Hainan Boao Lecheng International Medical ... ( read original story ...)
A Hit in Financial Technology, Blockchain Future Leaders Fund
The Hong Kong Nobel Heroes Day and The New Financial Forum of Guangdong-Hong Kong-Macau Greater Bay Area was held successfully on April 7 th. The event produced greater opportunities and cooperation platforms for economic development and technology ... ( read original story ...)
China’s Xiaomi plans $3 billion CDRs in blockbuster July IPO: sources
HONG KONG (Reuters/IFR) - Chinese smartphone and connected device maker Xiaomi plans to raise up to 30 percent of its blockbuster $10 billion IPO by selling shares in mainland China while offering the remainder in Hong Kong, said people with knowledge of ... ( read original story ...)
Hong Kong to announce results of study on vacancy tax to cool property market, finance chief Paul Chan says
The Hong Kong government is about to complete a study on imposing a vacancy tax on developers who hoard empty flats, Financial Secretary Paul Chan Mo-po said during a legislative meeting on Monday. It is not clear when officials will reveal the research ... ( read original story ...)
Win Streak May Continue For Hong Kong Shares
BOC Hong Kong dropped 1.14 percent, Sino Land jumped 0.88 percent, China Mobile climbed 0.79 percent, China Life advanced 0.68 percent, WH Group shed 0.62 percent, Pin An Insurance collected 0.59 percent, Hong Kong & China Gas added 0.35 percent ... ( read original story ...)
Hong Kong Banks, Meet the 21st Century
Still, the prize will be worthwhile. HSBC Holdings Plc, Standard Chartered Plc and Bank of China (Hong Kong) Ltd., the city’s three note-issuing banks, can’t take their stranglehold on deposits for granted. Not when the new virtual lenders are being ... ( read original story ...)
Boeing sells three Dreamliners to Chinese jet lessor BOC Aviation
The order is worth $845 million at current list prices and pushes the Singapore-based Bank of China aviation affiliate's total orders for Dreamliners to 14, BOC said in a filing with the Hong Kong Stock Exchange. The deal supports Boeing's decision to ... ( read original story ...)
Hong Kong prop maker found guilty of keeping ‘counterfeit’ bank notes used in award-winning film
The boss of a Hong Kong film prop company has been given a suspended sentence after being convicted of keeping some 200,000 fake bank notes labelled “props” used in the award-winning crime thriller Trivisa. Cheung Wai-lun, the person in charge of Wai ... ( read original story ...)
No room for city rivalries in China’s Greater Bay Area project if region wants to match New York and Tokyo, Hong Kong told
An underdeveloped service sector and rivalry between Hong Kong and Guangdong cities could hamper efforts to turn southern China’s “Greater Bay Area” into a tech and finance hub to rival those in Japan and the US, a veteran pro-establishment lawmaker ... ( read original story ...)