Hong Kong raised a record US$6 billion in its biggest multicurrency green bond offering, as the government looks to establish the city as a leading international green financing hub.
Hong Kong launches retail-friendly rules for crypto exchanges
Hong Kong opened its arms to the virtual asset world on Thursday, launching new retail-friendly rules for the city's crypto exchanges. The regulatory regime launched Thursday means that after a ...
China AI startup MiniMax raising over $338m from Tencent-backed entity, others: Sources
BEIJING/HONG KONG - Chinese startup MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of more than US$250 million (S$338 ...
China AI start-up MiniMax raising over US$250 million from Tencent-backed entity: Sources
Chinese start-up MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of more than US$250 million that will value it at about ...
Hong Kong mortgage loans down 21.2% in April
The number of mortgage applications also dropped by 27.6% to 8,368 applications. Mortgage loans approved by Hong Kong lenders decreased 21.2% in April, as the number of applications also dwindled, ...
Chinese EV Maker Hozon Weighs June Filing for $1 Billion Hong Kong IPO, Sources Say
Hozon New Energy Automobile Co., a company making affordable electric vehicles in China, is considering filing for its $1 billion Hong Kong initial public offering as soon as this month, according to ...
China AI startup MiniMax raising over $250 mln from Tencent-backed entity, others – sources
Chinese startup MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of more than $250 million that will value it at about $1.2 ...
Whatever happened to … Hong Kong pro-democracy protests?
Protests began following the passage of controversial legislation that allowed for suspected criminals to be sent to China for trial. The protests were seen as a "watershed" moment for Hong Kong as ...
Hong Kong stocks poised to rebound as monetary easing boosts China’s economic recovery, says Hang Seng Qianhai Fund Management
Hong Kong stocks are likely to rebound from heavy sell-offs in the second half of the year as a potential easing of monetary policy boosts China’s economic recovery, says Hang Seng Qianhai Fund ...
HSBC DOUBLES DOWN ON SUPPORT TO INNOVATION ECONOMY IN HONG KONG AND MAINLAND CHINA DEDICATED LENDING FUND INCREASES TO USD3 BILLION
Expanding lending to climate tech, industrials, consumer, technology, and healthcare and life sciences through new "HSBC New Economy Fund"* **Rolling out venture debt in Hong Kong** HONG KONG, May ...
Hong Kong’s first step in regulating crypto comes with high costs, but exchanges are undeterred
"The ability to provide a regulated trading venue for crypto derivatives could attract significant business into Hong Kong and the volumes have the potential to be significantly higher than for spot ...
Cathay Pacific discrimination scandal: creating an inclusive Hong Kong is everyone’s business
many professionals are working tirelessly to uphold Hong Kong’s image as a world-class destination, while others are striving to rebuild business and tap the rebound in mainland arrivals after the ...
Singapore overtakes Hong Kong as the most expensive Asia-Pacific city for private homes
According to the Urban Land Institute Asia Pacific Centre for Housing, the median price of Singapore's private homes is $1.2 million, compared to $1.16 million in Hong Kong.
Hang Seng on cusp of bear market as China factories cool and JPMorgan says ‘consumer might not get stronger’
The Hang Seng is on the brink of a bear market having fallen nearly 20% from a recent peak after more data showing a slowdown in China.