Yum China, which operates fast food restaurants KFC, Taco Bell and Pizza Hut in China, raised $2.22 billion by selling 41.9 million shares at 412 Hong Kong dollars ($53.16) apiece.
Yum China shares drop as much as 6.3% on Hong Kong debut
Fast food group Yum China’s stock fell as much as 4.1 per cent on its Hong Kong debut, as the latest so-called “homecoming” listing of a Chinese company struggled to get investors’ pulses racing.
U.S. Sells Hong Kong Consulate Compound for $332 Million
The U.S. has sold its consulate staff compound in one of Hong Kong’s most exclusive neighborhoods for HK$2.57 billion ($332 million) to local developer Hang Lung Properties Ltd., amid escalating …
Yum China shares slide as much as 4.1% in Hong Kong market debut
Shares of Yum China Holdings Inc fell by as much as 4.1% from their offering price in Hong Kong on Thursday as they made their debut in a secondary listing.
US government sells Hong Kong mansions without disclosing winning buyer or price amid fraying China ties
The US government has sold one of its biggest properties in the city under a shroud of secrecy amid worsening tensions between Beijing and Washington.
China military show of force near Taiwan has experts asking if island could be the ‘next Hong Kong’
A stream of Chinese fighter jets sliced through Taiwan’s southwest airspace on Wednesday, according to the self-ruled enclave’s defense ministry, marking the latest in a string of perceived threats by …
Neoliberal Hong Kong Is Our Future, Too
While economists enshrine Hong Kong as the ideal free market, the social consequences have been disastrous. For two decades, demonstrations—both peaceful and violent—have become ubiquitous in Hong …
Neoliberal Hong Kong Is Our Future, Too
While economists enshrine Hong Kong as the ideal free market, the social consequences have been disastrous. For two decades, demonstrations—both peaceful and violent—have become ubiquitous in Hong …
China is targeting and arresting Hong Kong dissidents. I could be next.
I have imagined what would happen if I were detained and sent to China. I hope the international community would continue standing with the Hong Kong people.
Hong Kong school suspends teenager for online protest-related slogan
A Hong Kong high school student has been suspended after displaying a protest-related slogan in online classes, in the first case since Beijing imposed a draconian national security law on the city.