Shein files for Hong Kong IPO as London listing prospects wane Markets Shein has filed for an initial public offering in Hong Kong as the prospects for the firm’s London listing continue to wane. The Singapore-based business last week confidentially filed a draft prospectus for the Hong Kong Exchange and sought approval from the China Securities Regulatory Commission (CSRC), according to the Financial Times. The fast-fashion firm [...]
Totally Wicked: Vapes giant sold to Chinese investor Retail Family-owned vapes retailer Totally Wicked has been sold to a Chinese investor, it has been revealed. The Lancashire-headquartered company, which was founded in 2008 by Jason Cropper, has been acquired by Wittyace UK Holding. The business is controlled by Chinese national Ying Wang and is registered in Cambridge. It is ultimately owned by Wittyace Hk Holding [...]
Shein eyes Hong Kong for IPO as London listing stalls Retail Fast-fashion giant Shein is reportedly working towards a Hong Kong initial public offering (IPO) after failing to secure approval from Chinese regulators for its London listing. The Singapore-headquartered company aims to file a draft prospectus with Hong Kong’s stock exchange in the next few weeks, according to Reuters. The move comes as a blow to [...]
Manchester United’s £8m post-season Malaysia-Hong Kong tour begins today May 28, 2025 Manchester United will play the first of two games in the Far East today as part of a post-season tour set to bank the club £8m. The Old Trafford club concluded their Premier League season on Sunday with a 2-0 victory over Aston Villa just hours before setting off to Malaysia and Hong Kong. They [...]
Discover the Best of Hong Kong: From breathtaking landscapes to unforgettable city experiences March 27, 2025 This content was paid for by Hong Kong Tourism Board, and produced in partnership with the City AM Commercial department. Hong Kong is a city of contrasts, where towering skyscrapers meet lush green mountains, and vibrant markets sit alongside Michelin-starred restaurants. Whether you’re an outdoor enthusiast, a culture seeker, or a foodie, Hong Kong offers an [...]
Law firm RPC elects new managing partner January 15, 2025 City-based law firm RPC has selected Antony Sassi to step up to the leadership role of managing partner of the firm, succeeding James Miller
Bond Street moves into third for world’s most expensive retail spot November 20, 2024 Bond Street has leaped-frogged Tsim Sha Tsui in Hong Kong to take bronze in a list of the world’s most exclusive retail streets. The shift bucks bucks fears about the decline of brick-and-mortar retail on the high-street and the so-called tourist tax, which has faced campaigners’ calls for scrappage. The average rent on Bond Street [...]
Chinese-owned MTR loses Elizabeth Line contract November 20, 2024 MTR will be succeeded by GTS Rail Operations Limited, a joint venture between the Go Ahead Group, Tokyo Metro and Sumitomo Corporation.
Jonathan Reynolds ‘open to reviving China trade talks’ October 29, 2024 Business secretary Jonathan Reynolds has said he is “open to having a conversation” about reviving trade talks with China. The cabinet minister told Politico he was “certainly” prepared to discuss reopening the UK-China Joint Economic and Trade Commission (JETCO), which was set up to improve bilateral trade and investment between the two nations. It was [...]
HSBC shares pop as bank beats profit estimates and launches $3bn buyback October 29, 2024 HSBC has unveiled its latest share buyback after beating profit estimates in the third quarter as the Asia-focused bank gears up for a major restructuring.