Youtube has blocked access to a popular protest anthem in Hong Kong after a court in the territory moved to ban the song. Hong Kong’s Court of Appeal moved to ban the pro-democracy anthem ‘Glory to ...
Haidilao operator Super Hi targets $1.38bn valuation in US IPO
S uper Hi International, operator of the Chinese hotpot restaurant chain Haidilao outside China, is targeting a valuation of $1.38bn in its initial public offering (IPO) in the US, Reuters has ...
Bank of Singapore ‘bullish on Hong Kong’ as it hires bankers to tap growth opportunities in China, CEO says
Bank of Singapore, the private banking unit of Oversea-Chinese Banking Corp (OCBC), is expanding its family office business in Hong Kong, as it is bullish about its growth prospects in the city and ...
Hong Kong’s Swap Connect hailed as ‘last important piece of the puzzle for overseas investors entering China’
Enhanced mechanism set to boost international investors’ confidence in the onshore bond market and further internationalise the yuan, according to industry experts.
Operation Justiceword: Hong Kong Police Bust HK$88 Million Money Laundering Syndicate
Hong Kong police have recently made significant strides in their battle against financial crime with the arrest of eight individuals allegedly involved in a sophisticated money-laundering operation.
Hong Kong leader defends foreign trade offices after UK spying arrests
Hong Kong's leader on Tuesday defended its foreign trade offices and said he had little recollection of a man accused by Britain of spying for the Chinese city, after a photograph emerged seeming to ...
Hong Kong ELS victims may recoup 30 to 65 percent of losses
Investors in Hong Kong-tied derivative products may recoup 30-65% of their losses after committee arbitration.
Hong Kong Condemns UK’s Spying Allegations Against Trade Officer
Hong Kong’s leader condemned the UK’s move to charge three men with assisting an intelligence service from the city, underscoring tensions between the Asian finance hub and the British government.
Hong Kong’s anti-corruption watchdog charges 2 women for allegedly bribing bank staffer over HSBC account opening
Hong Kong’s anti-corruption watchdog has charged two women for allegedly bribing a HSBC counter service officer with an unspecified amount of money in connection to a bank account opening. The ...
Haidilao restaurant operator Super Hi targets $1.87 billion valuation in US IPO
Singapore-based Super Hi’s 2023 revenue stood at US$686.4 million compared with US$558.2 million a year earlier. Read more at straitstimes.com.
Why Hong Kong should put debt restructuring back on the legislative agenda
Under the current legal system in Hong Kong, creditors are free to go after distressed companies by filing wind-up petitions before a scheme of arrangement for a restructuring is agreed and then ...
Rise Smart Files for IPO
By Ben Glickman Consulting company Rise Smart Group Holdings on Monday filed for an initial public offering with the Securities and Exchange Commission.
China Market Update: Hong Kong Rises Despite Geopolitical Bark
Hong Kong opened lower but grinded higher, led by growth stocks despite geopolitical headwinds as a busy week for Q1 financials results kicks off. The Hang Seng gained +0.8%, closing above the 19,000 ...
Super Hi International Sets U.S. IPO at 2.69 Million ADSs
In a filing with the U.S. Securities and Exchange Commission, Super Hi said each ADS represents 10 of its ordinary shares, which are listed on Hong Kong's stock exchange. Singapore-based Super Hi said ...