Thursday,  November 14,  2019

Alibaba ready to push the button
Alibaba is poised to launch a Hong Kong share sale expected to raise up to US$13.4 billion (HK$104.52 billion) as soon as today, according to two sources with knowledge of the discussions. At that amount, the Chinese e-commerce giant's share sale would be Hong Kong's largest...
Banks close as workers struggle to get to their offices
Bank branches in some districts were closed yesterday amid damage caused by protesters and traffic woes. All branches of Chiyu Banking Corp, Bank of Communications (HK), DBS Bank (HK), China Construction Bank (Asia) Corp, Industrial and Commercial Bank of China (Asia) and...

Kai Tak runway area site price takes off
Ultra Keen - a consortium formed by China Overseas Land and Investment, Henderson Land, K Wah International and Wharf Development - won the tender for a non-industrial seaside site for HK$15.95 billion. It was nearly 20 percent lower than the top end of the expected price range but it was...




















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