AB InBev raised about US$5 billion in a Hong Kong IPO of the brewer’s Asia-Pacific unit after pricing it at the bottom of a marketed range, Reuters reports. The IPO of the unit of Anheuser-Busch InBev ...More
EJ Insight2019-09-24
A protest march in Hung Hom and To Kwa Wan on Saturday passed without any major incident, prompting sighs of relief from authorities and local residents as well as the event organizer. The demonstrati ...More
EJ Insight2019-08-19
The District Court found former senior government official Wilson Fung Wing-yip guilty of misconduct in public office for accepting HK$510,000 from his lover, Macau businesswoman Cheyenne Chan Ung-iok ...More
EJ Insight2019-08-15
International Business Machines Corp. said it has closed its US$34 billion acquisition of software company Red Hat Inc., as it looks to ramp up its cloud computing business, Reuters reports. Underscor ...More
EJ Insight2019-07-10
The Stanley Prison, where I am now serving an eight-month jail sentence on charges related to the 2014 Occupy pro-democracy protests, has been notorious for the unbearable heat and poor ventilation in ...More
EJ Insight2019-06-28
Morgan Stanley wants to obtain majority ownership of a joint venture in China, but regulators there have not signed off on the idea, chief executive James Gorman said. Morgan Stanley, the sixth-larges ...More
EJ Insight2019-06-13
The District Court hearing the bribery case involving former government official Wilson Fung Wing-yip and Macau businesswoman Cheyenne Chan Ung-iok was told that the two defendants had been having a r ...More
EJ Insight2019-05-28
A scheme launched by the Hong Kong Housing Society (HKHS) in 2018 to ease the housing shortage has not been yielding positive results, and now the group is said to be in discussion with the government ...More
EJ Insight2019-05-22
A former government official who had been in charge of air service negotiations and air traffic rights went on trial on Monday in a corruption case, accused of taking more than half a million Hong Kon ...More
EJ Insight2019-05-21
Apple Inc. shares rose nearly 5 percent, pushing the iPhone maker’s market valuation back toward US$1 trillion as its quarterly report and upbeat forecast soothed investors worried about falling iPhon ...More
EJ Insight2019-05-02
Chinese drone maker EHang has delayed plans for a US initial public offering (IPO) and is instead looking to raise up to US$200 million in a private fundraising, Reuters reports, citing two people wit ...More
EJ Insight2019-04-02
The Federal Reserve’s stunning about-face on rate increases along with weak economic data has left a key part of the US Treasury yield curve close to levels at which the US central bank has in the pas ...More
EJ Insight2019-03-26
Hong Kong’s securities regulator banned UBS from leading initial public offerings (IPOs) in the city for a year, while fining it and rivals including Morgan Stanley a combined US$100 million for due d ...More
EJ Insight2019-03-15
Hellman & Friedman and Blackstone have offered to buy online classifieds group Scout24 for 5.7 billion euros (US$6.4 billion), including debt, potentially the biggest takeover of a listed German c ...More
EJ Insight2019-02-15
Former Hong Kong leader Donald Tsang Yam-kuen vowed on Tuesday that he will continue efforts to clear his name even though he had already completed a reduced jail term for alleged misconduct in public ...More
EJ Insight2019-01-16
Bristol-Myers Squibb Co. said it will buy Celgene Corp. for about US$74 billion, combining two of the world’s largest cancer drug businesses in the biggest pharmaceutical deal ever, Reuters reports. B ...More
EJ Insight2019-01-04
The Task Force on Land Supply submitted eight recommended land supply options to the government on December 31. The option of "Developing Brownfield Sites” received 87 percent public support. The seco ...More
EJ Insight2019-01-03
Financial markets have finally awoken to the fact that Donald Trump is US president. Given that the world has endured two years of reckless tweets and public statements by the world’s most powerful ma ...More
EJ Insight2018-12-31
The arrest of Huawei's global chief financial officer Sabrina Meng Wanzhou in Vancouver, Canada has cast a fresh spotlight on international relations and drawn much media attention in Hong Kong. Given ...More
EJ Insight2018-12-27
The Jockey Club has gone the extra mile to promote its Mark Six lottery as it released some big data analysis that it hopes will prompt more people into buying the tickets and dream of getting rich. A ...More
EJ Insight2018-12-27