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
The Hong Kong Monetary Authority (HKMA) in 2017 announced seven initiatives to move Hong Kong into a new era of smart banking. Virtual Banking, Open API and the Faster Payment System are the latest bu ...More
EJ Insight2018-12-14
Alibaba-backed online parenting firm Babytree Group launched an initial public offering of up to US$281 million in Hong Kong on Wednesday, far below what the Chinese company had hoped to raise, as wea ...More
EJ Insight2018-11-15
Tencent Holdings-backed online Chinese travel firm Tongcheng-Elong launched a far smaller-than-expected initial public offering of up to US$233 million in Hong Kong on Tuesday, amid a weak stock marke ...More
EJ Insight2018-11-13
Stan Lee, who dreamed up Spider-Man, Iron Man, the Hulk, Black Panther and a cavalcade of other Marvel Comics superheroes that became mythic figures in pop culture with soaring success at the movie bo ...More
EJ Insight2018-11-13
The US Justice Department has filed a civil fraud lawsuit against UBS Group, accusing the Swiss banking giant of defrauding investors in its sale of residential mortgage-backed securities in the run-u ...More
EJ Insight2018-11-09
IBM Corp said it has agreed to acquire US software company Red Hat Inc. for US$34 billion, including debt, as it seeks to diversify its technology hardware and consulting business into higher-margin p ...More
EJ Insight2018-10-29
Uber Technologies is considering selling minority stakes in its self-driving car unit, the Financial Times reported, in a move widely seen as an attempt to drive down the firm’s cost pressures ahead o ...More
EJ Insight2018-10-18
