Hong Kong will earn the title of “centre of law” under further backing from the central government, senior Beijing diplomat Hua Chunying has said while underscoring the importance of the city’s role ...
Hong Kong stocks under pressure amid Longfor, Alibaba losses on weak China recovery signals while BYD, HSBC jump
Hong Kong stocks struggled to stem a four-day losing streak amid weak recovery signals in China’s housing market, while BYD and Xpeng led EV makers higher while HSBC advanced on rate increase. The ...
Israel, Hong Kong complete retail CBDC test emphasizing privacy, inclusivity
A Bank for International Settlements project has suggested using “access enablers” to make a retail central bank digital currency more accessible and private.
Following Hong Kong IPO, Immuneonco looks to be rising star
After raising HKD$320 million (US$40.8 million) in its IPO on the Hong Kong Stock Exchange last week, Immuneonco Biopharmaceuticals Co. Ltd.’s stock has continued to rise, and analysts are expecting ...
Banking Powerhouse HSBC Working With Crypto Custody Firm Fireblocks: Sources
Fireblocks, which specializes in cryptocurrency safekeeping technologies such as multi-party computation (MPC), already works with BNY Mellon and BNP Paribas.
Top Blockchain Development Companies In Hong Kong: Powering Up A Thriving Startup Ecosystem
Blockchain technology has rapidly gained traction across multiple sectors, including finance, healthcare, logistics, and real estate management. As the technology continues to mature, businesses are ...
Chinese tech firms iMotion and Neusoft keep IPO hopes alive, resubmit Hong Kong listing applications with improved financial results
Two Chinese technology companies have resubmitted their listing applications to the Hong Kong stock exchange, updated with their latest quarterly performance, but analysts said it is unlikely that ...
As China’s economy hits turbulence, a top Treasury official heads to Hong Kong to deepen ties with Beijing
A top US Treasury official is heading to Hong Kong as the White House continues its quest to ease tensions with Beijing and avoid a destabilizing crisis. Joining a growing list of US officials ...
Hong Kong Disneyland hopes to melt hearts with world-first Frozen-themed zone next month, immersing fans in popular film franchise
Hong Kong Disneyland Resort will open the first-ever Frozen-themed zone for the global group next month featuring two new rides, an ice palace and a village inspired by Norwegian architecture. Managing director Michael Moriarty on Tuesday said he had high ...
Why China is restricting IPOs to drive up US$9.7 trillion onshore stock market
The Shanghai Composite Index has risen by an average of 16 per cent during the previous nine suspensions of IPOs carried out by the regulator to bolster sentiment, according to China Fortune ...
Innovent Biologics loses US$332 million of market value in Hong Kong on stock placement plan
Firm hired Morgan Stanley to help sell 68 million new shares at an 8.8 per cent discount to market price Similar fate greeted previous stock placements by China Vanke, Anta Sports and Country Garden ...
Hong Kong’s multimillion dollar cliffside mansions on brink of collapse after record rains
Police cordon off some properties in Redhill Peninsula and evacuate at least one after typhoon Haikui brought extreme weather ...
Hong Kong claw machine store owner ‘devastated’ by uninsured loss of HK$550,000 from flood damage in hard-hit Chai Wan
A Hong Kong businessman has lost an estimated HK$550,000 (US$70,000) after his claw machine store was wrecked by what the government called a “once in 500 years” rainstorm. Choi Kai-yip said on Monday ...
Hong Kong rainstorm aftermath: downpours flood 8 areas but roads reopen later as residents return to work, school after record deluge last week
Drainage Services Department sent 15 teams to deal with flooding in Tseung Kwan O and Sai Kung, acting director says.