The company’s telecoms unit Freedom Telecom plans to spend 107 billion tenge (US$236 million) until the end of 2027 on two projects in Kazakhstan.
China Condemns US Over Bill That Could Shut Hong Kong Trade Offices
China criticized the US over a bill that could eventually lead to the closure of Hong Kong trade offices in America, escalating tensions over the financial hub’s status.
Hong Kong interbank rates slump in downbeat signal
Interbank lending rates in Hong Kong slid to more than one-year lows on Wednesday, pointing to a lacklustre mood and low confidence as idle cash swamps one of Asia's financial capitals. The overnight ...
Investors eat up dim sum bonds from Guangdong province, Hong Kong’s MTR
Issuance of offshore yuan-denominated bonds has jumped 28 per cent this year, according to the Hong Kong Monetary Authority.
Hong Kong Stock Tied to Pop Star Jay Chou Suddenly Plunges 73%
A company backed by the mother of Asia pop megastar Jay Chou saw its stock tumble by a record 73% Wednesday, with no immediately apparent reason.
Hong Kong hits out at US Congress for passing a bill that could close its representative offices
But Beijing and Hong Kong insist the law is necessary to bring back stability to the financial hub. Anna Kwok, executive director of the Hong Kong Democracy Council, a Washington-based group ...
At China’s Zhongzhi, risky practices preceded shadow bank’s collapse
Zhongzhi Enterprise Group, a former leader of China's shadow banking sector that declared insolvency last year, used aggressive and potentially illegal sales practices to sustain its operations as it ...
Hong Kong’s regulatory support, connector role appeal to investors, medical tech firms say
InvestHK has assisted nine medical technology companies to set up or expand their businesses, attracting US$7.7 million of investments.
Midea’s HK IPO to raise $3.5 billion
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 initial public offering (IPO) at the Hong Kong Stock Market, ...
Midea seeks to raise US$3.46 billion on HKEX as blockbuster IPOs tiptoe back to Hong Kong
The jumbo IPO would be the city’s biggest new-share offering since JD Logistics raised the equivalent of US$3.64 billion in May 2021.
Hong Kong sells one of its biggest ‘Silver Bonds’ at lower coupon before US Fed’s rate cut
Hong Kong is cutting the guaranteed annual coupon for its ninth round of "Silver Bonds" for investors aged 60 and above to cope with faster inflation, days before a widely expected US interest rate ...
Hong Kong offers US$6.4 billion of ‘Silver Bonds’ at 4% coupon as inflation bites
The ninth round of bonds for senior savers offers a lower yield than 2023’s offering days before a widely expected rate cut by the Federal Reserve.
Jockey Club launches Philanthropy for Better Cities Forum 2024, ushering in Hong Kong Philanthropy Week
HONG KONG, HONG KONG / ACCESSWIRE / September 10, 2024 / The Hong Kong Jockey Club Charities Trust convened its fourth Philanthropy for Better Cities (PBC) Forum 2024 at West Kowloon Cultural District ...
Hong Kong’s CK Hutchison plans to raise up to US$1.5 billion in dollar bonds: sources
HONG Kong conglomerate CK Hutchison is planning to raise up to US$1.5 billion in a two-tranche US dollar bond deal, according to two sources with direct knowledge of the matter. Read more at The ...