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03.09.26 - 02:06
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Rare large-scale MTR topside tender draws heavyweight Hong Kong developers (SCMP)
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Tender submissions for the MTR Corporation's Tuen Mun Area 16 Station phase two property development closed on Wednesday, with market sources saying top Hong Kong developers including CK Asset, Sun Hung Kai Properties and Henderson Land Development submitted bids.
A consortium comprising Sino Land, Kerry Properties, China Overseas Land & Investment and Great Eagle also submitted a bid, the sources added.
MTR Corp said a total of four bids were received, and that they would be given detailed......
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02.09.26 - 09:12
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Aktien Asien: Deutliche Verluste bei Technologiewerten (DPA-AFX)
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SEOUL/TOKIO/HONGKONG/SHANGHAI (dpa-AFX) - Die Börsen in Fernost sind am Mittwoch unter Druck gekommen. Auffallend stark ging es dabei an den technologielastigen Märkten nach unten.Hier belasteten die schwachen Vorgaben der US-Technologiewerte, ......
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02.09.26 - 09:06
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Philippine fast-food giant Jollibee picks Hong Kong over New York for spin-off listing (SCMP)
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The parent company of Philippine fast-food giant Jollibee plans to spin off and list its international operations, choosing Hong Kong over New York in a strong endorsement of the city's initial public offering (IPO) diversification efforts.
Jollibee Foods Corp (JFC) said in January that it intended to list its overseas arm, Jollibee Foods Corporation International (JFCI), in the United States. The company has now selected Hong Kong as its listing destination.
“Hong Kong offers the market depth......
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01.09.26 - 11:12
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Shein slips on Hong Kong debut amid fast-fashion challenges (SCMP)
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Fast-fashion retailer Shein fell on its Hong Kong trading debut as the unprofitable company contends with rising competition and the loss of tax breaks in key markets.
Shares dropped 0.1 per cent from the initial public offering (IPO) price to close at HK$48.50. They earlier slumped as much as 10 per cent. The company raised HK$13.6 billion (US$1.7 billion) in its IPO, the fourth biggest in Hong Kong this year.
The sale valued Shein at about US$26 billion, compared with a peak of about US$100......
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