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Tag: Hong Kong

Posted on August 31, 2020

As KFC Recovers in China, Parent Yum China Plans Big Hong Kong Listing

China’s largest restaurant company has begun taking orders for a Hong Kong share sale that could raise more than $2.5 billion.

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Posted on August 31, 2020

Google-Facebook ditch plans to dock giant data cable in Hong Kong

Plans for an underwater data cable between Los Angeles and Hong Kong have been dropped after the US government expressed fears that China could steal data from it. Facebook, Google and Amazon are …

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Posted on August 31, 2020

HKEX’s Charles Li wants to create another wave of mega IPOs in Hong Kong to stay ahead of Nasdaq in next market reforms

Hong Kong’s stock market operator is keen to create another wave of mega stock offerings by mainland China’s new-economy companies in the city by further tweaking its listing rules, its chief Charles …

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Posted on August 31, 2020

Yum China Launches Hong Kong Secondary Listing

China’s largest restaurant company in terms of 2019 system sales, today announced the launch of its Hong Kong public offering, which forms part of the global offering (the “Offering”) of 41,910,700 …

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Posted on August 31, 2020

China Regulator Pledges Continued Backing of Hong Kong as Financial Center

China’s banking regulator pledged its backing for Hong Kong as a finance hub and reiterated a commitment to opening up the Chinese financial sector amid a …

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Posted on August 31, 2020

Billionaire-Backed Saxo Bank Reveals Hong Kong Expansion Plans

Online trading platform Saxo Bank A/S, which is part owned by Chinese billionaire Li Shu Fu, plans to do a lot more business in Hong Kong despite the increasingly tense political climate there.

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Posted on August 31, 2020

HKBN Passes 100% of Government’s Wage Subsidies to its Hong Kong Talents

HONG KONG, Aug. 31, 2020 /PRNewswire/ — Always putting Talents first, HKBN Group (“HKBN” or the “Group”) announced today that it has passed on all wage subsidies received under the first tranche of t …

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Posted on August 31, 2020

The Latest: Nearly 500K Register for Free Tests in Hong Kong

Hong Kong authorities say nearly half a million people have registered for a free universal coronavirus testing program that is due to begin Tuesday.

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Posted on August 31, 2020

Fosun/BioNTech could supply Macau and HK with 10 mln Covid-19 vaccine doses

German drug developer BioNTech SE has announced a potential deal with Shanghai Fosun Pharmaceutical Group Co Ltd to supply 10 million doses of their COVID-19 vaccine candidate to Hong Kong and Macau …

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Posted on August 31, 2020

Looking for a smart property investment abroad? Forget Singapore and Hong Kong and look to Malaysia for great value homes

If you’re looking to invest in property, now might be the right time to look at Malaysia. A long-term favourite with foreign buyers thanks to its great weather, fantastic food, low cost of living and …

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