Hong Kong

Japan Exchange fell as profits decreased

Japan Exchange fell after expectations were unmet as major stocks pulled down the market.

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Fisker's DOE loan bought by Hong Kong consortium

The Department of Energy loan given to the now floundering Fisker was bought out by an investment firm headed by Richard Li.

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Hong Kong bank sales near 2008 valuation

Hong Kong's Wing Hang Bank Ltd. and Chong Hing Bank Ltd. might go on sale after valuations approached levels that were last seen during the 2008 global financial crisis.

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Tencent joins exclusive USD100 billion club on the Hang Seng

Tencent Holdings, with its recent share value rise, pushed the overall value to above USD100 billion.

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China rules out open nominations for Hong Kong candidates in 2017 election

Chinese representatives in Hong Kong had ruled out nominations for the 2017 elections, the strongest sign that China's pledge of democracy came with certain conditions.

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Ex-RBS trader gets imprisoned in Hong Kong

Royal Bank of Scotland's former trader Sharlina Tsang was sentenced to 50 months of imprisonment in Hong Kong after she had pleaded guilty for fraud.

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China Huishan Dairy Holdings seeks USD 1.3 billion IPO- sources

Sources said China Huishan Dairy Holdings would be filing for a Hong Kong IPO to raise USD 1.3 billion.

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Hong Kong jobless rate at 3.3% anticipated

The state government of Hong Kong said that the second quarter jobless rate falls within expected estimates.

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Alibaba acquires stake in ShopRunner as it prepares for an IPO

Alibaba bought stake in online shopping firm ShopRunner for USD75 million as it prepares for its initial public offering in Hong Kong.

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Tencent denies report about WeChat spin-off IPO in Singapore

Tencent denied China Daily's report that the company would list WeChat as a spin-off corporation in Singapore.

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HK education system receives free Microsoft cloud Office

Microsoft partnered with the Hong Kong Education Bureau to launch a three year free Office 365 program in the city.

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Summer takes its toll on Hong Kong's stock market

Hong Kong's stock market was adversely affected by the summer lull.

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ParknShop supermarket chain up for sale for US $2 billion?

Hong Kong's richest man Li Ka-shing is reportedly considering putting up for sale the ParknShop chain for US $2 billion.

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Hutchison Whampoa plans to sell ParknShop

Hutchison Whampoa Limited conducts strategic review for the ParknShop sale.

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ACE launches ACE elite II public offering of securities insurance

ACE launched ACE elite II public offering of securities insurance.

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