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Tag: Hong Kong

Posted on January 26, 2021

From Pony Ma to Jack Ma, Fortunes Soar on Hong Kong Stock Rally

Pony Ma got $6.9 billion richer on Monday after one of the companies his Tencent Holdings Ltd. backs revealed its IPO plans, while Jack Ma’s public reappearance Wednesday added $1.6 billion to his net …

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Posted on January 26, 2021

US rejects Hong Kong request for WTO panel over ‘Made in China’ labelling row

Hong Kong vowed to sue the US after former president Donald Trump changed export status in response to Beijing’s imposition of national security law.

( read original story …)



Posted on January 25, 2021

Kuaishou, TikTok’s rival in China, wants to raise more than $6 billion in Hong Kong IPO

A short-form video app that competes with the Chinese version of TikTok is preparing for what is expected to be the world’s largest initial public offering since the coronavirus pandemic began.

( read original story …)



Posted on January 25, 2021

Hong Kong’s Cathay Pacific warns of capacity cuts, higher cash burn

(Reuters) – Cathay Pacific Airways Ltd on Monday warned passenger capacity could be cut by about 60% and monthly cash burn may rise if Hong Kong installs new measures that require flight crew to …

( read original story …)



Posted on January 25, 2021

Chinese companies are looking at Hong Kong amid U.S. tensions: Strategist

David Chao of Invesco says more mainland firms will list in Hong Kong as an alternative to the U.S. as skepticism remains about Sino-U.S. relations under Biden.

( read original story …)



Posted on January 25, 2021

TikTok rival Kuaishou to raise up to $6.3bn in Hong Kong IPO

Chinese livestreaming and short video group Kuaishou is set to raise up to $6.3bn in a Hong Kong initial public offering in a test of investor appetite for China’s tech sector as it faces growing …

( read original story …)



Posted on January 25, 2021

TikTok rival Kuaishou to raise up to $6.3bn in Hong Kong IPO

Chinese livestreaming and short video group Kuaishou is set to raise up to $6.3bn in a Hong Kong initial public offering in a test of investor appetite for China’s tech sector as it faces growing …

( read original story …)



Posted on January 25, 2021

The Latest: Hong Kong Ends Lockdown in Kowloon Neighborhood

Hong Kong’s government on Monday morning ended an unprecedented lockdown after testing thousands of residents living in an area that had reported an increasing number of coronavirus cases, authorities …

( read original story …)



Posted on January 25, 2021

The Latest: Hong Kong Ends Lockdown in Kowloon Neighborhood

Hong Kong’s government on Monday morning ended an unprecedented lockdown after testing thousands of residents living in an area that had reported an increasing number of coronavirus cases, authorities …

( read original story …)



Posted on January 25, 2021

Hong Kong Lifts Lockdown in Kowloon District After Testing 7,000 People

HONG KONG (Reuters) – The Hong Kong government lifted a lockdown in an area of Kowloon district in the early hours of Monday after testing about 7,000 people for coronavirus to curb an outbreak in the …

( read original story …)



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