Georgina Lee

Hong Kong

Georgina Lee

Georgina Lee has been a financial journalist for more than 15 years, having worked for newswires and trade magazines before she joined the Post. She has also previously written research articles on key structured credit themes for a credit rating agency.

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Latest from Georgina Lee

Tencent-backed Chinese real estate platform Beike to raise US$2.12 billion after pricing US IPO above indicative range

NYSE-bound Chinese real estate platform operator Beike Zhaofang is set to raise US$2.12 billion after pricing its IPO above the indicative range.

12 Aug 2020 - 11:06PM

NYSE-bound Chinese real estate platform operator Beike Zhaofang is set to raise US$2.12 billion after pricing its IPO above the indicative range.

Tencent-backed Chinese real estate platform Beike to raise US$2.12 billion after pricing US IPO above indicative range
Chinese banks’ second-quarter profits tumble on decade-high bad loans

Chinese banking sector’s second-quarter profits drop by more than analysts expected, as non-performing loans hit a decade high in June.

11 Aug 2020 - 9:40PM

Chinese banking sector’s second-quarter profits drop by more than analysts expected, as non-performing loans hit a decade high in June.

Chinese banks’ second-quarter profits tumble on decade-high bad loans
City pins hopes on ‘centrepiece’ global matchmaking programme for start-ups, as Hong Kong Fintech Week goes online

The city has launched a fast-track programme for start-ups and will invite applicants from around the world to pitch their innovations, as part of this year’s Hong Kong Fintech Week.

11 Aug 2020 - 9:39AM

The city has launched a fast-track programme for start-ups and will invite applicants from around the world to pitch their innovations, as part of this year’s Hong Kong Fintech Week.

City pins hopes on ‘centrepiece’ global matchmaking programme for start-ups, as Hong Kong Fintech Week goes online
Henderson’s Seacoast Royale project in Tuen Mun a hit as homebuyers snap up all flats in phase two sale

All 185 flats on offer in the second phase on Sunday have been sold, with 51 individuals vying for each unit on average.

9 Aug 2020 - 10:30PM

All 185 flats on offer in the second phase on Sunday have been sold, with 51 individuals vying for each unit on average.

Henderson’s Seacoast Royale project in Tuen Mun a hit as homebuyers snap up all flats in phase two sale
Cathay Pacific’s HK$11.7 billion rights issue oversubscribed as investors bet on recovery of the embattled airline

Discount to buy new shares at HK$4.68 narrowed to 18 per cent as Cathay Pacific’s share price continued to slide since the rescue plan was announced in June.

7 Aug 2020 - 7:47PM

Discount to buy new shares at HK$4.68 narrowed to 18 per cent as Cathay Pacific’s share price continued to slide since the rescue plan was announced in June.

Cathay Pacific’s HK$11.7 billion rights issue oversubscribed as investors bet on recovery of the embattled airline
Alibaba Health new share sale raises US$1.3 billion in biggest ever Hong Kong health care placement

Alibaba Group’s flagship health care platform completes US$1.3 billion new share sale, marking biggest ever health care follow-on offering in Hong Kong.

5 Aug 2020 - 9:50PM

Alibaba Group’s flagship health care platform completes US$1.3 billion new share sale, marking biggest ever health care follow-on offering in Hong Kong.

Alibaba Health new share sale raises US$1.3 billion in biggest ever Hong Kong health care placement
Alibaba Health raising US$1 billion through new share sale to fund expansion of pharmaceutical network

Alibaba Group’s flagship health care platform will sell 400 million new shares priced between HK$20.05-HS$20.50 each to raise up to the equivalent of US$1.06 billion, according to deal’s term sheet.

5 Aug 2020 - 8:53AM

Alibaba Group’s flagship health care platform will sell 400 million new shares priced between HK$20.05-HS$20.50 each to raise up to the equivalent of US$1.06 billion, according to deal’s term sheet.

Alibaba Health raising US$1 billion through new share sale to fund expansion of pharmaceutical network
Tesla challenger Evergrande unveils six Hengchi-branded electric car models as it moves closer to launching production

The Hengchi models, named in a numerical sequence from 1 to 6, includes, SUVs, crossovers and sedans.

4 Aug 2020 - 6:30AM

The Hengchi models, named in a numerical sequence from 1 to 6, includes, SUVs, crossovers and sedans.

Tesla challenger Evergrande unveils six Hengchi-branded electric car models as it moves closer to launching production
Li Auto electrifies Nasdaq with US$1.1 billion IPO, the largest by a Chinese company in the US since 2018

Li Auto’s IPO is the biggest by a Chinese company since December 2018.

30 Jul 2020 - 11:40PM

Li Auto’s IPO is the biggest by a Chinese company since December 2018.

Li Auto electrifies Nasdaq with US$1.1 billion IPO, the largest by a Chinese company in the US since 2018
Bitcoin rides wave with gold as Covid-19 relief cash unleashed by central banks sparks search for speculative and safe haven assets

Bitcoin breaks beyond the key US$10,000 level, moving up in lockstep with the precious metal amid economic slump and dollar weakness.

28 Jul 2020 - 10:48PM

Bitcoin breaks beyond the key US$10,000 level, moving up in lockstep with the precious metal amid economic slump and dollar weakness.

Bitcoin rides wave with gold as Covid-19 relief cash unleashed by central banks sparks search for speculative and safe haven assets
Hangzhou Tigermed’s US$1.38 billion Hong Kong fundraising makes it Asia’s biggest health care listing this year

The clinical services provider is selling 107.1 million shares or 12.5 per cent of its enlarged share capital at an indicative price range of HK$88 to HK$100 per share.

27 Jul 2020 - 1:17PM

The clinical services provider is selling 107.1 million shares or 12.5 per cent of its enlarged share capital at an indicative price range of HK$88 to HK$100 per share.

Hangzhou Tigermed’s US$1.38 billion Hong Kong fundraising makes it Asia’s biggest health care listing this year
Cathay Pacific’s rights-issue entitlements discounted as minority shareholders get cold feet on industry outlook

Some minority shareholders of Cathay Pacific Airways are turning bearish as the value of their entitlements was discounted in the market. A third wave of coronavirus infections is hurting the airline’s recovery efforts.

24 Jul 2020 - 8:05PM

Some minority shareholders of Cathay Pacific Airways are turning bearish as the value of their entitlements was discounted in the market. A third wave of coronavirus infections is hurting the airline’s recovery efforts.

Cathay Pacific’s rights-issue entitlements discounted as minority shareholders get cold feet on industry outlook
Harbour Centre slips into net loss as Covid-19, social unrest sink luxury hotel occupancy in Hong Kong

Harbour Centre Development, a Wharf Reic unit, says a meaningful recovery in the hotel sector may be a long way off.

24 Jul 2020 - 1:46AM

Harbour Centre Development, a Wharf Reic unit, says a meaningful recovery in the hotel sector may be a long way off.

Harbour Centre slips into net loss as Covid-19, social unrest sink luxury hotel occupancy in Hong Kong
Investors seek out riskier bonds in Asia amid low interest rates

Tencent, CK Hutchison tap into investors’ demand for longer tenor bonds as zero interest rates stoke hunger for yields.

27 Jul 2020 - 12:28PM

Tencent, CK Hutchison tap into investors’ demand for longer tenor bonds as zero interest rates stoke hunger for yields.

Investors seek out riskier bonds in Asia amid low interest rates
Leader Education, third-largest private higher education firm in China’s Heilongjiang province, seeks US$70 million from Hong Kong IPO

Leader Education, the third-largest private higher education provider in Heilongjiang province in terms of admission quotas, is seeking to raise up to US$70 million in an IPO in Hong Kong that will kick off next week.

21 Jul 2020 - 7:56PM

Leader Education, the third-largest private higher education provider in Heilongjiang province in terms of admission quotas, is seeking to raise up to US$70 million in an IPO in Hong Kong that will kick off next week.

Leader Education, third-largest private higher education firm in China’s Heilongjiang province, seeks US$70 million from Hong Kong IPO
Wang Jianlin-controlled Wanda Film flags first-half loss of up to US$228 million as coronavirus pandemic keeps cinemas shut

Over 600 theatres of China’s biggest cinema chain operator in the mainland have been shut since January.

14 Jul 2020 - 9:25PM

Over 600 theatres of China’s biggest cinema chain operator in the mainland have been shut since January.

Wang Jianlin-controlled Wanda Film flags first-half loss of up to US$228 million as coronavirus pandemic keeps cinemas shut
Cathay Pacific’s rights issue less appealing after stock slump and third wave of coronavirus infections

Cathay Pacific may have won the approval for its HK$39 billion rescue plan. As a third wave of Covid-19 cases hits the city, investors only need to look at Singapore Airlines to know that more pain is in store.

14 Jul 2020 - 2:30PM

Cathay Pacific may have won the approval for its HK$39 billion rescue plan. As a third wave of Covid-19 cases hits the city, investors only need to look at Singapore Airlines to know that more pain is in store.

Cathay Pacific’s rights issue less appealing after stock slump and third wave of coronavirus infections
Standard Chartered-backed China Bohai Bank to raise US$1.78 billion in Hong Kong IPO

China Bohai Bank’s IPO priced near the bottom of its expected price range at HK$4.80 a share.

12 Jul 2020 - 2:50PM

China Bohai Bank’s IPO priced near the bottom of its expected price range at HK$4.80 a share.

Standard Chartered-backed China Bohai Bank to raise US$1.78 billion in Hong Kong IPO
Hong Kong steps in to weaken the local dollar, as hot money inflows defy doomsday talk of capital flight after China’s security law

The episode shows how the inflow of money into Hong Kong continues to defy doomsday speculation of capital flight. Some high-net-worth individuals are switching out of their US-dollar holdings and assets to seek shelter in other currencies including the Hong Kong dollar, as the White House considers imposing financial sanctions on Hong Kong’s banks and individuals in retaliation for the law.

7 Jul 2020 - 10:54PM

The episode shows how the inflow of money into Hong Kong continues to defy doomsday speculation of capital flight. Some high-net-worth individuals are switching out of their US-dollar holdings and assets to seek shelter in other currencies including the Hong Kong dollar, as the White House considers imposing financial sanctions on Hong Kong’s banks and individuals in retaliation for the law.

Hong Kong steps in to weaken the local dollar, as hot money inflows defy doomsday talk of capital flight after China’s security law
China’s central bank calls on struggling companies to restructure debt outside courts

Regulators see debt restructuring as more transparent way to manage a default, but Fitch analyst still sees corporate defaults rising.

6 Jul 2020 - 2:22PM

Regulators see debt restructuring as more transparent way to manage a default, but Fitch analyst still sees corporate defaults rising.

China’s central bank calls on struggling companies to restructure debt outside courts
Kangji Medical investor sees more health care start-ups opting for a Hong Kong listing

Lyfe Capital is cashing out from health care companies at a rapid clip as health care companies list in Hong Kong.

29 Jun 2020 - 11:09PM

Lyfe Capital is cashing out from health care companies at a rapid clip as health care companies list in Hong Kong.

Kangji Medical investor sees more health care start-ups opting for a Hong Kong listing
Coronavirus is hastening central banks’ efforts on digital currency plans to deliver faster pandemic stimulus

The coronavirus pandemic has accelerated central banks’ efforts to create sovereign digital currencies as they look to channel stimulus money more efficiently, the Bank for International Settlements said.

26 Jun 2020 - 11:03PM

The coronavirus pandemic has accelerated central banks’ efforts to create sovereign digital currencies as they look to channel stimulus money more efficiently, the Bank for International Settlements said.

Coronavirus is hastening central banks’  efforts on digital currency plans to deliver faster pandemic stimulus
Hong Kong and Shanghai locked in tight race to be 2020’s top IPO venue for Chinese issuers

US-listed Chinese companies’ secondary listings may not be enough to secure Hong Kong’s lead as global IPO hub amid keen competition from Shanghai.

26 Jun 2020 - 11:59PM

US-listed Chinese companies’ secondary listings may not be enough to secure Hong Kong’s lead as global IPO hub amid keen competition from Shanghai.

Hong Kong and Shanghai locked in tight race to be 2020’s top IPO venue for Chinese issuers
Hong Kong wealth managers can’t wait for new Connect programme, with Singapore ready to pounce on city’s troubles

China’s plan to turn the Greater Bay Area into a hub for wealth management products will help Hong Kong’s fund industry ward off challenges from Singapore, market players said.

22 Jun 2020 - 10:52AM

China’s plan to turn the Greater Bay Area into a hub for wealth management products will help Hong Kong’s fund industry ward off challenges from Singapore, market players said.

Hong Kong wealth managers can’t wait for new Connect programme, with Singapore ready to pounce on city’s troubles
Huatai Securities targets overseas Chinese retail traders in latest global expansion

Huatai Securities, China’s fourth-largest brokerage, has launched a US stock trading mobile app targeting millions of Chinese living overseas.

19 Jun 2020 - 5:00PM

Huatai Securities, China’s fourth-largest brokerage, has launched a US stock trading mobile app targeting millions of Chinese living overseas.

Huatai Securities targets overseas Chinese retail traders in latest global expansion
Chinese radiotherapy firm Hygeia attracts nine cornerstone investors in HK$2.22 billion IPO plan

China’s largest oncology health care group has obtained financial commitment from nine key investors amounting to about half of the size of its HK$2.22 billion stock offering in Hong Kong.

16 Jun 2020 - 6:25PM

China’s largest oncology health care group has obtained financial commitment from nine key investors amounting to about half of the size of its HK$2.22 billion stock offering in Hong Kong.

Chinese radiotherapy firm Hygeia attracts nine cornerstone investors in HK$2.22 billion IPO plan
Chinese surgical instruments firm Kangji Medical to raise up to US$404 million in Hong Kong IPO, names Hillhouse Capital, BlackRock among cornerstone investors

Kangji Medical, a mainland Chinese provider of minimally invasive surgical instruments, is raising up to US$404 million in an initial public offering before a listing on the Hong Kong bourse, joining several other health care and biotechnology Chinese start-ups that are preparing to tap investor funding this summer.

15 Jun 2020 - 10:16PM

Kangji Medical, a mainland Chinese provider of minimally invasive surgical instruments, is raising up to US$404 million in an initial public offering before a listing on the Hong Kong bourse, joining several other health care and biotechnology Chinese start-ups that are preparing to tap investor funding this summer.

Chinese surgical instruments firm Kangji Medical to raise up to US$404 million in Hong Kong IPO, names Hillhouse Capital, BlackRock among cornerstone investors
Asian suppliers brace for ‘insolvency storm’ from cash-strapped buyers amid rise in overdue payments

As Covid-19 brought business to a halt, many small Asian suppliers and exporters have seen a huge rise in overdue payments from their buyers who trade on credit, according to a survey.

15 Jun 2020 - 8:30AM

As Covid-19 brought business to a halt, many small Asian suppliers and exporters have seen a huge rise in overdue payments from their buyers who trade on credit, according to a survey.

Asian suppliers brace for ‘insolvency storm’ from cash-strapped buyers amid rise in overdue payments
China Eastern to launch new airline in Hainan with partners including Trip.com unit, as plans to make the island a free trade hub promise greater air traffic

Shanghai-based China Eastern will establish Sanya International Airlines with partners including a unit of Trip.com as it eyes growth in air traffic to Hainan, a southern island earmarked by President Xi as a future free-trade hub.

14 Jun 2020 - 10:48PM

Shanghai-based China Eastern will establish Sanya International Airlines with partners including a unit of Trip.com as it eyes growth in air traffic to Hainan, a southern island earmarked by President Xi as a future free-trade hub.

China Eastern to launch new airline in Hainan with partners including Trip.com unit, as plans to make the island a free trade hub promise greater air traffic
Loss-making Chinese Tesla rival Nio expands new American depositary shares sale, raises US$428 million on strong demand

Loss-making electric carmaker Nio sees a resurgence in investors’ demand for its new shares after record vehicle delivery in May.

11 Jun 2020 - 10:29PM

Loss-making electric carmaker Nio sees a resurgence in investors’ demand for its new shares after record vehicle delivery in May.

Loss-making Chinese Tesla rival Nio expands new American depositary shares sale, raises US$428 million on strong demand