Financial Secretary Paul Chan says mega events will give business travellers sightseeing opportunities as they head to international summits.
Jihong schmoozes IPO Investors With Cross-border Social E-Commerce Story
Jihong Technology’s revenue fell 21.7% in the first half of this year to 2.45 billion yuan, while its profit plunged 62% to 66 million yuan The company, which has filed for a Hong Kong IPO, gets about ...
China Market Update: Typhoon Gives Hong Kong Three-Day Weekend, Week In Review
Asian equities were largely lower as Thailand and Taiwan outperformed while India was a rare underperformer.
Former investment banking head of China’s Haitong securities arrested
HONG KONG (Reuters) - The former investment banking head of one of China's largest securities firms Haitong Securities has been arrested, the latest high-profile banker targeted during China's ...
JPMorgan names Kwang Kam Shing as its new Hong Kong CEO, replacing Harshika Patel
JPMorgan named Kwang Kam Shing as its new Hong Kong CEO, taking over for Harshika Patel, who will remain as head of the firm's Asia Private Bank. Kwang will report to Sjoerd Leenart, the Asia-Pacific ...
Hong Kong billionaires tried to become majority holders in The Star but backed off after checks
The head of the NSW casino regulator revealed Chow Tai Fook Enterprises attempted to become a majority shareholder in The Star but backed off after learning the probity checks it would have to undergo ...
Hong Kong’s green bonds gain prominence amid infrastructure spending surge
Hong Kong is increasingly turning to green bonds as a key strategy to finance its rising infrastructure costs, which are expected to peak in the coming years. The city has already issued approximately ...
EY Keeps 2024 HK IPO Fundraising Forecast at $50B
Midea Group's Hong Kong IPO is about to take place. The company is rumoured to raise about US$4 billion in the offering, equivalent to about HK$31.2 billion, making it the largest IPO of the year.
Haaland’s Fridgemaking Pals at Midea Eye Hong Kong IPO Goal
Hi, it’s Will Davies in Hong Kong, where our reporters have been tracking what is set to be the biggest listing by a Chinese company in two years—providing a nice boost to the city’s IPO market. Also ...
Hong Kong Set to Keep Stock Market Closed All Day on Typhoon
Hong Kong is expected to scrap trading of its $4.9 trillion stock market on Friday as the city extends a storm warning due to Super Typhoon Yagi, which skirted the region overnight toward southern ...
Hang Seng Bank names audit head
Hong Kong-based Hang Seng Bank has appointed Derek Ngai as its head of audit, effective October 7. Ngai will be succeed Jennifer Zhou, who will complete her six-year tenure at Hang Seng Bank on ...
HSBC, 13 other lenders pledge to support Hong Kong SMEs amid financing struggles
Fourteen banks active in lending to the city’s small businesses have pledged to step up lending efforts to support their financing needs.
Midea to raise US$3 billion as ‘White Goods’ giant eyes Hong Kong’s biggest IPO since 2021
Midea Group, the world's biggest home appliance maker, is set to become the largest initial public listing (IPO) in Hong Kong in more than three years, as it aims to raise at least US$3 billion, ...
Hong Kong to play key role in China’s financial opening-up: Bund Summit
Hong Kong will play a "unique and crucial role" in promoting China's high-level financial opening-up, said Paul Chan Mo-po, financial secretary of the Hong Kong Special Administrative Region, at the ...