VENTURE CAPITAL POST

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.

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

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.

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.

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

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

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

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

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

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

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

Hutchison Whampoa Limited conducts strategic review for the ParknShop sale.

ACE launched ACE elite II public offering of securities insurance.

Hong Kong shares may be affected because of the long weekend as based on China PMIs.

Ernst & Young LLP estimated a HK$100 billion proceeds if Alibaba Group Holding Ltd pushes through with an initial public offering in Hong Kong this year.