Hong Kong

Deadly blaze rips through Hong Kong's Ladies Market killing 9

A FIRE engulfed a Hong Kong residential tower and popular tourist market today, killing nine people and injuring 30.

Haitong Sec seeks up to $1.7 bln in HK offer -sources

Fiona Lau and Elzio Barreto Reuters 01.12.2011
Haitong Sec seeks up to $1.7 bln in HK offer -sources

Haitong Securities Co Ltd, China's second-largest publicly traded brokerage, could raise about $1.7 billion with a listing in Hong Kong, two sources with direct knowledge of the transaction said on Wednesday.

China Internet Icon Jack Ma Joins Lunch For HK Billionaire's Jewelry IPO

Chinese Internet billionaire Jack Ma joined a group of Hong Kong’s richest people, among others, for an investor lunch on Monday in connection with this month’s initial public offering by Hong Kong jewelry chain Chow Tai Fook, the Standard newspap...

Melco Crown says shares to start trading in HK on Dec 7

Casino gaming operator Melco Crown Entertainment Ltd said on Wednesday it would list in Hong Kong by way of introduction without issuing new shares, with trading to begin on Dec. 7 under the listing symbol 6883.

Hong Kong Comedian Stephen Chow Voices Support in Chief Executive Election

Comedy megastar and auteur Stephen Chow declared his support for former Hong Kong chief secretary Henry Tang Ying-yen, one of the two candidates in the running of the next Hong Kong chief executive, in a firm yet wise-cracking public announcement ...

HK grants NZ "accidental millionaire" extradition

Hong Kong may soon extradite a New Zealand gas station owner suspected of withdrawing millions of dollars and going on the run after a bank mistakenly gave him a huge line of credit.

Ex-Highbridge Asia chief's hedge fund gets HK licence

Carl Huttenlocher, former Asia head of JPMorgan Chase & Co's Highbridge Capital, received an asset management licence on Friday to start operations in Hong Kong, the Securities and Futures Commission (SFC) website showed on Sunday.

HKT Trust says int'l HK IPO portion oversubscribed

HKT Trust and HKT Ltd , a spinoff of PCCW Ltd, said the retail public offering portion of its Hong Kong initial public offering was undersubscribed while the international portion was oversubscribed.

US luxury bag maker Coach to list shares in Hong Kong

US luxury leather goods firm Coach plans to list shares in Hong Kong on Thursday, as it seeks to raise its profile among Asian consumers.

HK Leadership Race Starts as Leung Challenges Tang

The race for Hong Kong’s top job started as former government adviser Leung Chun-ying said he’ll run against former Chief Secretary Henry Tang in the March 2012 election, as the city faces a widening wealth gap and slowing economy.

Hong Kong Disneyland feeling the heat

Chuck Schmidt SILive.com 26.11.2011
Hong Kong Disneyland feeling the heat

Competition, be it on the athletic field or in the business world, has been known to bring out the best in people. In the highly competitive theme park world, the introduction of new rides or attractions by other parks — or, for that matter, the c...

Chow Tai Fook seeks up to $2.83 billion in HK IPO: sources

Chow Tai Fook Jewellery Group Ltd could raise up to $2.83 billion, which would be the biggest Hong Kong initial public offering of the year, tapping volatile equity markets to fund the purchase of diamonds and gold and pay down debt.

Hong Kong’s Tang, Leung Rivalry to Kick Off Succession Race

Hong Kong, with Asia’s widest rich- poor gap, will kick off the election for the city’s top job as former Chief Secretary Henry Tang and government adviser Leung Chun-ying are set to announce their candidacies.

South African drug smuggler arrested at HK airport

Hong Kong Customs officers arrested a South African woman found with about 3 kg of methamphetamine, popularly known as Ice, at Hong Kong International Airport Tuesday morning.

Hong Kong Regulators To Launch Rules On OTC Derivatives Market In 2013

Hong Kong's financial regulators expect to have new rules governing the trade of over-the-counter derivatives in the city in place as early as January 2013, as part of Hong Kong's commitment to implement an earlier agreement by Group of 20 Nations...

HK Chief Executive to students: Don't fear competition

Chief Executive Donald Tsang encourages young people not to fear competition from Mainland students and to have confidence in themselves and society.

New World China Land Plans HK$4.3 Billion Rights Share Offer

New World China Land Ltd. plans to raise as much as HK$4.3 billion through an offer of rights shares, according to a statement to the Hong Kong stock exchange.

Hong Kong Agency Charges Former UBNZ Executive With Bribery

The ICAC has charged a New Zealand woman for allegedly giving more than $73 million in bribes to an executive at a Hong Kong-listed company, to secure a $930 million acquisition deal for her asset holding firm.

Iconic cross harbor swim returns to Hong Kong after 33 years

After a hiatus of more than 30 years, Hong Kong's cross-harbor swim recommenced early Sunday with 1,000 swimmers racing across Victoria Harbour.

Cathay Pacific September Passengers Up 3.5% On Year At 2.26 Million

Cathay Pacific Airways Ltd. (0293.HK) carried 3.5% more passengers in September than it did in the same month a year earlier, the Hong Kong-based carrier said Friday, but cargo volume continued to fall for the sixth consecutive month because of a ...

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