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...Poly Auction’s total was boosted by its top lot, Yayoi Kusama’s acrylic “Red Pumpkin” (1989), which sold for HK$18mn with fees, far above its HK$7.5mn-HK$8.5mn estimate....
...Stars”, HK$36.8mn, £3.9mn)....
...Its smart EV business will be sold for HK$5.84bn ($744mn), the two companies said on Monday....
...A version of this article was first published by Nikkei Asia on February 12. ©2024 Nikkei Inc. All rights reserved....
...“Off Duty” (2020) by the India-born Raghav Babbar was estimated at HK$150,000-HK$250,000 and sold for HK$4mn (HK$5mn with fees)....
...The settlement agreed is about half of the HK$1.3bn of losses that were claimed by liquidators, according to one of the people familiar with the matter....
...The local government, meanwhile, is set to allocate HK$50mn ($6.4mn) in the coming fiscal year from April to develop technology underpinning cryptocurrencies....
...$4mn-HK$6mn)....
...The total cost of the bridge incurred by the Hong Kong government was HK$3.2bn (US$408.7mn)....
...Art highlights included Zhang Daqian’s “Landscape after Wang Ximeng” (1947), which soared above its HK$70mn estimate to an artist record of HK$370mn and Picasso’s 1939 portrait of Dora Maar for HK$169mn,...
...The company said over the weekend that it would delay the Asian release of the blockbuster game Diablo Immortal, sending its Hong Kong-listed shares down 9 per cent in the morning to HK$137 before they slightly...
...BYD’s shares had touched a record high of HK$333 ($42) in late June on the back of rapid growth in electric vehicle sales and Beijing’s support for an industry it hopes can stimulate the economy and help...
...A version of this article was first published by Nikkei Asia on November 21 2022. ©2022 Nikkei Inc. All rights reserved....
...A version of this article was first published by Nikkei Asia on March 21 2022. ©2022 Nikkei Inc....
...A version of this article was first published by Nikkei Asia on March 29. ©2022 Nikkei Inc. All rights reserved....
...Its FTSE Asia ex Japan Index ETF, Total China Index ETF, FTSE Asia ex Japan High Dividend Yield Index ETF and FTSE Japan Index ETF, had HK$552m, Rmb$338m ($51.6m), HK$378m and HK$219m in assets respectively...
...By comparison, CSOP Asset Management’s CSOP FTSE China A50 ETF, which has also been leaching assets but is the main rival to the iShares ETF, currently has HK$11.65bn ($1.5bn) in assets and an OCF of 1.18...
...That puts the company on track to bring in about HK$20.2bn from the sale of 25m shares....
...The New York-traded search-engine company told investors on Wednesday that it expected to price shares for its Hong Kong secondary listing at HK$252 ($32.45) each, according to two people familiar with the...
...$20bn M&A splurge (FT) Norway’s $1.3tn oil fund broadens ESG screening to smaller companies (FT) Trustly postpones $9bn flotation after regulator flags concerns (FT) Sarasin buys Bank of Montreal’s HK...
...Facebook and Twitter take HK standThe social media companies have both said they will temporarily block Hong Kong’s authorities from accessing user data, after the semi-autonomous city threatened jail terms...
...The successful IPO has catapulted its market capitalisation to more than HK$1.2tn ($154bn), bringing a huge windfall gain to Tencent....
...It achieved a record-high daily turnover of HK$3.05bn ($392.8m) on its first day of listing, leapfrogging the previous high for a Hong Kong-listed ETF debut of HK$2.86bn achieved in November 1999....
...A version of this article was first published by Nikkei Asia on June 25 2021. ©2021 Nikkei Inc....
...Total proceeds of HK$17.3bn ($2.2bn) would be spent on expanding the company’s restaurant network and investing in “digitalisation,” it said....
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