Tag: Hong
Why I Won’t Walk Away From Hong Kong
If you had asked me when I was 18 what I thought of Hong Kong, I would have told you that I was ambivalent. Hong Kong was a place where I just happened to find myself. It was the chaotic streets where dripping water from air conditioners was always sliding down my hair, where the
Amid Chinese regulatory crackdowns, these are the Hong Kong stocks to watch
© Shutterstock Major Hong Kong listed stocks have been buffeted in recent months over an onslaught of new regulations announced by the Chinese central government. The restrictions kicked off in July, when Chinese private tuition companies covering the national school curriculum were ordered to go non-profit, effectively bringing the $100 billion industry to its knees.
Trading tax hike adds to Hong Kong market gloom
HONG KONG — A move to reorient Hong Kong’s benchmark share index toward Chinese technology stocks was intended to reinvigorate interest and help investors capture growth in the country’s highest-profile growth sector. Instead, with China’s widening regulatory crackdown, the shift toward tech now threatens to bring the Hang Seng Index into bear market territory. A
KFC, Pizza Hut Chinese Parent Raises $2.2B In Hong Kong IPO: Report
Yum China Holdings Inc (NYSE: YUMC) raised $2.2 billion in its secondary listing in Hong Kong at $53.16 (HKD 412) per share, Bloomberg reported Thursday. What Happened: The operator of fast food brands such as KFC and Pizza Hut in China sold 41.91 million shares in its Hong Kong offering, people familiar with the matter
