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Cathay Crew to Work 21-Day Stints to Avoid Quarantine
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Hong Kong Exchange Probes Multiple Orders for Hot IPO
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Kuaishou Surges 161% In Biggest Technology IPO Since Uber
Bloomberg 2/5/2021 Chloe Lo, Julia Fioretti and Ishika Mookerjee
(Bloomberg) Kuaishou Technology, the operator of China’s most popular short-video service after ByteDance Ltd.’s Douyin, jumped 161% in its Hong Kong debut after a $5.4 billion initial public offering that attracted hundreds of billions of dollars of orders.
The shares closed at HK$300 after rising to as high as HK$345, compared with the IPO price of HK$115, valuing the Tencent Holdings Ltd.-backed firm at $159 billion. The company sold shares at the top of its price range in a deal that ranks as the world’s biggest internet IPO since Uber Technologies Inc.’s $8.1 billion U.S. share sale in May 2019.
Hong Kong Imposes First Covid Lockdown in Kowloon Area Bloomberg 1/23/2021
(Bloomberg)
Hong Kong imposed a temporary lockdown on thousands of residents for the first time to carry out mandatory testing of the coronavirus, with authorities warning the move will be repeated if needed to contain the outbreak.
The unprecedented step for the Yau Ma Tei and Jordan areas known for their night markets was announced in a government statement at 4 a.m. local time. Authorities aim to complete the exercise within 48 hours, it said. © Bloomberg Hong Kong Imposes City’s First Covid Lockdown in Parts of Kowloon
Hong Kong Imposes First Covid Lockdown in Kowloon Area Bloomberg 1/23/2021
(Bloomberg)
Hong Kong imposed a temporary lockdown on thousands of residents for the first time to carry out mandatory testing of the coronavirus, with authorities warning the move will be repeated if needed to contain the outbreak.
The unprecedented step for the Yau Ma Tei and Jordan areas known for their night markets was announced in a government statement at 4 a.m. local time. Authorities aim to complete the exercise within 48 hours, it said. © Bloomberg Hong Kong Imposes City’s First Covid Lockdown in Parts of Kowloon
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