Property Management Services Authority vows to rigorously follow up on any suspected breaches in wake of deadly Wang Fuk Court fire.
Hong Kong fire expected to be credit-negative for reinsurers
AM Best expects a material portion of the gross incurred loss from the deadly Hong Kong apartment fire to be transferred to reinsurers. This could halt downward pressure on Hong Kong property …
BofA, UBS, Goldman Halt Festivities After Deadly Hong Kong Blaze
Bank of America Corp., UBS Group AG and Goldman Sachs Group Inc. are among global finance firms canceling festive celebrations in Hong Kong this month as a mark of respect for those killed in the city …
Denmark’s ISS under scrutiny after Hong Kong’s deadliest fire
A deadly Hong Kong fire kills 159 and triggers investigations – Danish firm ISS faces scrutiny for its role as property manager of the estate.
Danish facilities group ISS falls on link to towers in deadly Hong Kong fire
Danish facility management group ISS said on Tuesday its unit had been the property manager for a Hong Kong building complex hit by the city’s deadliest fire in decades, but had no role in renovations …
Chinese autonomous driving firm Momenta files for Hong Kong IPO, sources say
Chinese autonomous driving developer Momenta has confidentially filed for a Hong Kong initial public offering, two people with knowledge of the matter said.
Hong Kong insurers face profit pressure in aftermath of deadly Tai Po fire
The devastating fire in Tai Po is likely to hurt profitability at Hong Kong’s property insurers and could prompt them to review pricing strategies that have led to lower premiums amid fierce …
Facility services group ISS shares fall 10% after Hong Kong announces fire probe
Danish facilities management group ISS said on Tuesday it supported Hong Kong’s decision to establish a judge-led committee to investigate the cause of the city’s deadliest fire in decades, and that …
China’s 3SBio seeks US$400 million in Hong Kong to boost drug pipeline
Share placement to help Shenyang-based firm advance clinical research in China and the US, expand reach of cancer and hair-loss drugs.
HashKey Holdings Limited has successfully cleared its Hong Kong Stock Exchange listing hearing
The Hong Kong Stock Exchange (HKEX) released a statement dated December 1 confirming that HashKey Holdings Limited has successfully cleared its listing hearing. This move implied that the company …