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06.11.26 - 00:00
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Hong Kong developer Hysan′s Lee Garden Eight draws law firm out of Central: sources (SCMP)
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Hong Kong law firm Woo Kwan Lee & Lo is reportedly relocating to Causeway Bay after more than five decades in Central's Jardine House, reserving about 39,000 square feet in Hysan Development's Lee Garden Eight in a major lease for the new commercial complex.
Market sources identified the firm as the incoming tenant at Lee Garden Eight, which is scheduled for completion this quarter. The firm will occupy an entire low to middle floor, according to local media reports. The firm declined to......
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05.11.26 - 08:00
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US asset manager Federated Hermes opens Hong Kong office to tap China′s tech rise (SCMP)
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US asset manager Federated Hermes has opened its office in Hong Kong, after two years of preparation, joining a wave of international financial giants competing for growth in the Asia-Pacific region.
The company, which managed US$884 billion worth of assets as of September, considered a Hong Kong office two years ago and its board approved a plan a year later. Its office in the Nexxus Building in Central adds to its Asia-Pacific footprint in Singapore, Tokyo and Sydney.
“Hong Kong is a premier......
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05.11.26 - 07:00
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CSRC requests further tax records from Hong Kong IPO applicants amid tighter oversight (SCMP)
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China's securities regulator has ordered three Hong Kong initial public offering (IPO) applicants to submit additional documentation amid an intensifying crackdown on tax compliance.
The China Securities Regulatory Commission (CSRC) said it has asked Fujian Senda Electric, a Fuzhou, Fujian province-based company trading on Beijing's National Equities Exchange and Quotations board, to disclose details on internal dividend approvals, dividend fund flows, and compliance with tax and other......
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05.11.26 - 02:00
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Why Hong Kong wealth managers want broader access to mainland China′s Nasdaq-style markets (SCMP)
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Most asset managers in Hong Kong expect broader access to mainland China's two Nasdaq-style stock markets to strengthen the city's private wealth business, an industry survey shows, as hard-tech firms continue to attract investors despite a recent pullback.
The report, released by the Private Wealth Management Association (PWMA) and KPMG China, surveyed most of the association's 44 institutional members, ranging from Agricultural Bank of China (Hong Kong) to UBS, as well as asset managers and......
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