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 ...
Shein steps up London IPO preparations amid U.S. hurdles to listing, sources say
By Julie Zhu, Greg Roumeliotis and Kane Wu HONG KONG/NEW YORK (Reuters) -Fast-fashion giant Shein is stepping up preparations for a London listing after its attempt to float itself in New York faced ...
Here’s Why Momentum in BOC Hong Kong (BHKLY) Should Keep going
BOC Hong Kong Ltd. (BHKLY) is one of the several suitable candidates that passed through the screen. Here are the key reasons why it could be a profitable bet for "trend" investors. A solid price ...
Hong Kong-listed warehouse developer ESR Group gets takeover bid from US consortium led by Starwood Capital
Starwood Capital Group, one of the largest real estate investors worldwide, is part of a consortium of shareholders proposing to take Asian warehouse developer ESR Group private.