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Tag: Hong Kong

Posted on February 5, 2021

Hong Kong: CE addresses business reps

Chief Executive Carrie Lam today had an online dialogue with more than 700 entrepreneurs and business executives from different corners of continental Europe to highlight Hong Kong’s unique advantages …

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Posted on February 5, 2021

Kuaishou shares nearly triple in trading debut, as Hong Kong’s hottest stock offering 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 …

( read original story …)



Posted on February 5, 2021

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.

( read original story …)



Posted on February 5, 2021

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 …

( read original story …)



Posted on February 5, 2021

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 …

( read original story …)



Posted on February 5, 2021

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 …

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Posted on February 5, 2021

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.

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Posted on February 4, 2021

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.

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Posted on February 4, 2021

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.

( read original story …)



Posted on February 4, 2021

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 …

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