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Tag: Hong Kong

Posted on October 27, 2020

Lim + Lu bridges old and new inside Yung’s Bistro in Hong Kong

Multidisciplinary studio Lim + Lu has based the interior of Yung’s Bistro in Hong Kong on the rich history of its 78-year-old sister restaurant. Yung’s Bistro is an offshoot of esteemed Hong Kong …

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Posted on October 27, 2020

Hong Kong Teen Activist Detained Near US Consulate: Reports

A young Hong Kong activist who was among the first arrested under Beijing’s new national security law was detained on Tuesday close to the US consulate, local media and activists reported. Tony Chung, …

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Posted on October 27, 2020

Ant Group closes Hong Kong book early due to strong demand for its record dual IPO

Ant Group will close its Hong Kong institutional book building process a day earlier than expected due to strong demand for its record initial public offering (IPO), …

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Posted on October 27, 2020

Hong Kong arrests 3 activists under national security law

Three members of a former student group advocating independence for Hong Kong have been arrested under the city’s new national security law on suspicion of publishing content inciting secession …

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Posted on October 27, 2020

Hong Kong’s Weaker Financial Hub Appeal is Japan’s Opportunity, Aso Says

Japan should consider setting up a special economic zone for global banking businesses now that Hong Kong is losing its appeal as a financial hub amid China’s crackdown, Japanese finance minister Taro …

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Posted on October 27, 2020

Hong Kong bids farewell to its once-mighty Dragon airline

Other big names in Hong Kong business circles, such as Li Ka-shing and Henry Fok, joined in. According to Pao’s daughter, Anna Pao Sohmen, people around her father were against the idea of backing …

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Posted on October 27, 2020

On The March: Ant Group, China’s Fintech Sensation

With a name belying its giant ambitions, China’s Ant Group on Tuesday launched a history-making $34 billion IPO in Hong Kong and Shanghai. Backed by Jack Ma, China’s richest man who founded the …

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Posted on October 27, 2020

Lufax is going public in the US after postponing its original Hong Kong-based IPO

Lufax hopes to go public in the US, aiming to raise $2.4 billion at a valuation of around $30 billion, and expects to start trading on October 30.

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Posted on October 27, 2020

Slim pickings: Ant to pay bankers up to $198 million in fees for Hong Kong IPO

China’s Ant Group will pay bankers selling its shares in Hong Kong up to $198 million in underwriting fees, its filings showed on Monday, in line with a trend of large issuers sharing a …

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Posted on October 27, 2020

Ant Group prices Hong Kong leg of stock offering at HK$80 a share in the world’s largest initial public offering

Chinese billionaire Jack Ma’s Ant Group set the price for the Hong Kong leg of its initial public offering at HK$80 a share (US$10.32), implying it is raising roughly US$17 billion in the offshore …

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