News

HKEX wants to speed up IPO process by 2022

HKEX wants to speed up IPO process by 2022

Its new FINI platform targets to cut the IPO settlement process to two days from five.

HKMC to launch new retirement plan products

"HKMC Retire 3" brand will cover three of HKMC’s retirement plan products.

Gov’t pushes for tenancy control measures

If passed within the legislative session, it will likely be in effect by late 2021 or early 2022.

HKMA, Hong Kong banks warn public against phishing attacks

Phishing emails and messages detected in the first half were 145% higher.

High-street shops in HK see 'strongest' rental growth since 2013

Rents rose 1.2% quarter-on-quarter in the second quarter of the year.

CITI to provide fund services for Income Partners’ MRF Northbound Fund

It will also provide share class hedging services amongst others.

HKEX launches new funding scheme for local NGOs

It will extend some $10m for short-to-medium term local community projects.

Property sales up 4.6% in June

Total sales amounted to $92.6b during the month.

Nearly 30% shell out half their income for rent: survey

The median monthly rent of low-income households amounted to RMB5,000 (US$773).

Xinyi Glass secures $3b syndicated loan for green projects

The funds will be used to purchase clean energy-powered equipment.

Aoyuan’s contracted sales up 33% to US$10.4b in H1

The gross floor area sold is approximately 5.96 million square metres.

Over 1.5 million apply for Hong Kong’s e-consumption voucher

The vouchers, worth $5,000, may be used at online and physical stores in retail, F&B, and other services.

Hong Kong raises fund for 5G deployment

The funding was raised to $100m from $50m.

Zylox-Tonbridge estimates $2.37b gains in global offering

The company has set its offer price at $42.7 per share.

Hong Kong intensifies air cargo security

This comes as the International Civil Aviation Organization’s air cargo security policy takes effect.

Far East Consortium closes largest hotel deal in London

The Group is estimated to gain £50m in profit.

Licensed corporations up to 3,159 in 2020/21: SFC

The total number of licensees and registrant rose to 47,178.