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Stress and despair: new year, old wounds for Hong Kong bankers with IPO market in slump and windfalls elude investors

Hong Kong's market for initial public offerings (IPOs) is suffering from another sluggish start in 2024. Once a beacon of hope for retail investors looking for a windfall and a lucrative source of fees for investment bankers, listings have instead become a source of stress and job insecurity due to a drop in such activity. This year, five companies have raised HK$2.18 billion (US$279 million) from their stock offerings in the first two months, according to data compiled by London Stock Exchange ....

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Hyde Park Cantonese Restaurant Jade Court Closing Due to Lack of Traffic and Rising Expenses

“We’re not where we need to be to make this a viable business, especially with inflation, rising labor costs, and the high cost of rent,” owner Carol Cheung said. ....

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Save Jade Court

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Restaurant news: pierogi, 11 openings and closings in Chicago

Restaurant news: pierogi, 11 openings and closings in Chicago
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Jade Court to close in February – 'It doesn't make sense financially' | Evening Digest

Jade Court, a lauded Chinese restaurant in Harper Court, will close its door at the end of February after three years in Hyde Park. ....

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