Retail investors have bet serious money on the world’s flashiest technology this year, putting in a combined HK$1.28 trillion (US$164.8 billion) to oversubscribe the IPO by 1,200 times, more than …
Tiktok rival Kuaishou surges 160% in $5.3 billion Hong Kong debut
Kuaishou raised 41.28 billion Hong Kong dollars ($5.32 billion) from the initial public offering (IPO) after pricing its shares at 115 Hong Kong dollars each.
Kuaishou shares nearly triple in trading debut, as Hong Kong’s hottest stock offer blazes trail for other video-sharing apps
Retail investors have bet serious money on the world’s flashiest technology this year, putting in a combined HK$1.28 trillion (US$164.8 billion) to oversubscribe the IPO by 1,200 times, more than …
Breakingviews – Hong Kong retail mania one-ups U.S. short squeeze
Who needs orchestrated campaigns like the short squeeze on U.S. video-game retailer GameStop when there is the old-fashioned lure of a shoot-for-the-moon stock? Kuaishou Technology shares almost …
How a 30,000-member Facebook group is helping Hong Kong navigate one of the world’s longest quarantines
Since its inception in March 2020, the support group has become an invaluable resource for Hong Kongers who travel overseas during the pandemic and must navigate the city’s stringent Covid-19-related …
Japan stocks poised to trade higher; video sharing app Kuaishou set to make Hong Kong debut
China’s Kuaishou Technology is set to make its debut in Hong Kong on Friday, with shares priced at 115 Hong Kong dollars (about $14.83) apiece.
China’s Shenzhen unveils ambition to become gold finance hub
The Chinese city of Shenzhen on Thursday unveiled measures to turn its jewellery-filled Luohu district into a gold-based financial hub with links to neighbouring Hong Kong, Shanghai and even London.
China’s Shenzhen unveils ambition to become gold finance hub
The Chinese city of Shenzhen on Thursday unveiled measures to turn its jewellery-filled Luohu district into a gold-based financial hub with links to neighbouring Hong Kong, Shanghai and even London.
Hong Kong’s banks are having their worst time since 2008 as profits plunge while bad loans soar amid city’s recession
The dismal picture of shrinking earnings and rising debt among retail banks draws a stark contrast with Hong Kong’s booming stock market and the bull run in the property market, underscoring how the …
Hong Kong’s banks are having their worst time since 2008 as profits plunge while bad loans soar amid city’s recession
The dismal picture of shrinking earnings and rising debt among retail banks draws a stark contrast with Hong Kong’s booming stock market and the bull run in the property market, underscoring how the …