Photo by Bloomberg The Chinese bubble tea chain Guming gained over 10 percent in local gray markets on Tuesday ahead of its trading debut. The first new stock in the Year of the Snake rose 11.9 percent from its offer price at HK$9.94, the upper hand of its price range, to HK$11.12 on Bright Smart Securities’ platform, giving…
Photo by SING TAO. Hong Kong and mainland stocks fell on Tuesday, with automobile shares weighed down by tariff threats and peer competition worries. The benchmark Hang Seng Index closed 227 points lower, or 1.06 percent, to 21,294. The main board turnover dropped to HK$219.61 billion, compared to the previous day, but remained above…
An amendment bill to strengthen tobacco control will be submitted to the Legislative Council in April, which includes a potential ban on non-menthol flavored cigarettes starting as early as next year, says Secretary for Health Lo Chung-mau. Speaking on a TV program on Sunday, Lo said ten tobacco control measures will be included…
More than 40 political and business leaders joined the Standard Chartered Hong Kong Marathon Leaders Cup on Sunday morning, with Ocean Park chairman Paulo Pong Kin-yee donning panda hoods to “run on behalf of” the first Hong Kong-born giant panda twins. The 2-kilometer run commenced at 7:15 am at Wan Chai Sports Ground, concluding at…
The Travel Industry Council said on Saturday that the 1.4 million visitors to Hong Kong during the eight-day Lunar New Year Golden Week is still satisfactory. Fanny Yeung Shuk-fan, executive director of the Travel Industry Council, told a radio program this morning that during this year’s LNY golden week holiday, approximately 1.4 million visitors traveled…
The Travel Industry Council said on Saturday that the 1.4 million visitors to Hong Kong during the eight-day Lunar New Year Golden Week is still satisfactory. Fanny Yeung Shuk-fan, executive director of the Travel Industry Council, told a radio program this morning that during this year’s LNY golden week holiday, approximately 1.4 million visitors traveled…
The Major Sports Events Committee (MSEC) announced on Friday that it has awarded “M” Mark status to the Standard Chartered Hong Kong Marathon 2025 scheduled for Sunday (Feb 9) and the Longines Hong Kong International Horse Show to be held from February 14 to 16. Wilfred Ng Sau-kei, chairman of the MSEC, said the two…
Runners in the Standard Chartered Hong Kong Marathon on Sunday should gear up for cold weather as the mercury will drop to as low as 9 degrees Celsius under the influence of an intense winter monsoon. The Hong Kong Observatory said on Friday that an intense winter monsoon is set to reach the southern coast…
Gu Ming’s IPO oversubscribed over 3 times on retail offering’s first day. GU MING Chinese bubble tea chain Gu Ming’s new share sale has received bids worth at least HK$778 million on the first day from retail investors for its listing in Hong Kong, 4.93 times on the offer. It is offering shares in…
File Photo As the Lunar New Year holiday concluded, employees eagerly awaited their red envelopes to kick off their new working year. Some companies generously offered over HK$2,000 for the red packet for the resumption of work and garnered positive recognition from netizens. Among the local financial institutions, Prime Credit distributes the most generous…