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Tag: Hong Kong

Posted on September 5, 2020

Fast-food chain Yum China bags $2bn in Hong Kong listing

Yum China has raised more than $2bn from a secondary share sale in Hong Kong, marking the latest “homecoming” listing by a major US. On Friday the fast …

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Posted on September 5, 2020

In Hong Kong, residents self-censor to steer clear of China’s crackdown

United Nations human rights officials are blasting the national security law China imposed two months ago on Hong Kong. Beijing says the crackdown was necessary to bring stability to the …

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Posted on September 5, 2020

‘Mulan’ boycott: Pro-democracy activists rally over the lead actress’ support for Hong Kong police

Disney’s live-action remake of “Mulan” is now streaming and is set to hit theaters internationally soon — but some people won’t be watching.

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Posted on September 4, 2020

Yum China to Sell Hong Kong Shares at a 6% Discount to U.S. Price

The fast-food purveyor is part of a trend of Hong Kong stock offerings, with potentially the largest stock sale in history waiting in the wings.

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Posted on September 4, 2020

UN Experts Raise Concerns Over Hong Kong Security Law

Seven human rights experts affiliated with the U.N. are raising concerns over Hong Kong’s new national security law in a letter addressed to Chinese authorities, saying the legislation limits certain …

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Posted on September 4, 2020

Stop ‘Meddling’ In Hong Kong Affairs, China Tells UN Experts

China issued a fierce rebuke Friday to UN experts who said a draconian national security law imposed upon Hong Kong poses a serious risk to the city’s freedoms and breaches international legal …

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Posted on September 4, 2020

Yum China Guides Hong Kong Listing Price at HK$412 Each

Yum China Holdings Inc. has raised HK$17.3 billion ($2.2 billion) in its Hong Kong listing, joining the growing ranks of U.S.-listed Chinese firms selling shares in the financial hub.

( read original story …)



Posted on September 4, 2020

Hong Kong financial firms step up compliance hiring amid U.S. sanctions, security law

Financial firms in Hong Kong are scrambling to fortify their compliance operations following U.S. sanctions and China’s new national security law, even as the sector pushes to cut costs amid the …

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Posted on September 4, 2020

Fast-food chain Yum China to raise over $2bn in Hong Kong listing

Yum China is set to price its secondary offering in Hong Kong at a slight discount to its US share price, putting the fast food-chain operator on track to raise more than $2bn. The company, which is …

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Posted on September 4, 2020

U.N. experts decry Hong Kong security law in letter to China

U.N. human rights experts have told China a new security law for Hong Kong “infringes on certain fundamental rights” and voiced concerns that it could be used to prosecute political activists in the …

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