The U.S. House of Representatives passed a bill that could close Hong Kong's economic and trade offices in the U.S. if they lack autonomy from China. The bill must pass the Senate and obtain the ...
At China’s Zhongzhi, risky practices preceded shadow bank’s collapse
Zhongzhi Enterprise Group, a former leader of China's shadow banking sector that declared insolvency last year, used aggressive and potentially illegal sales practices to sustain its operations as it ...
House passes Smith bill curtailing CCP-influenced Hong Kong trade offices
For decades, the city of Hong Kong has operated trade offices in the United States – known as Hong Kong Economic and Trade Offices, or HKETOs – that ...
Group of mainland Chinese tourists taken to hospital in Hong Kong after suffering suspected food poisoning
The Centre for Health Protection said the incident involved eight men and three women aged 55 to 68 from two tour groups comprising 61 tourists from the mainland. They developed abdominal pain, ...
Hong Kong’s regulatory support, connector role appeal to investors, medical tech firms say
InvestHK has assisted nine medical technology companies to set up or expand their businesses, attracting US$7.7 million of investments.
Suicide rate among Hong Kong girls under 15 increases by more than 7 times
Hong Kong Jockey Club Centre for Suicide Research and Prevention estimate rate for all ages was 13.6 deaths per 100,000 people in 2023.
JP Morgan names new Hong Kong CEO
JP Morgan has appointed Kam Shing Kwang to lead Hong Kong, effective October 1, as Harshika Patel completes her term; Patel will continue as Apac CEO of JP Morgan Private Bank.
Investors increasingly spreading their wealth amid global uncertainties: HSBC
The next generation of business leaders are doing the same for firms’ operations for a sustainable future. Read more at straitstimes.com.
BWF World Tour: Olympian pair beaten but several locals get past Hong Kong Open qualifiers
The duo came back to beat Taiwan’s Hu Ling-fang and Jheng Yu-chieh 18-21, 21-15, 21-16 in the round of 32 at the BWF World Tour Super 500 event. Lui said she and Tsang had been nervous, which ...
UAE, Saudi officials call for Hong Kong businesses to list, expand in Middle East
Hong Kong tycoon Victor Fung also says region can be a ‘launching pad’ for local businesses at forum attended by Middle Eastern leaders.
Midea’s HK IPO to raise $3.5 billion
MIDEA Group, the world's largest home appliance maker, announced on Sunday plans to raise up to HK$27 billion ($3.46 billion) in an initial public offering (IPO) at the Hong Kong Stock Market, ...
Hong Kong must update ‘backward’ laws on prepaid deals after Physical gym closure: politician
Lawmaker Doreen Kong cites figures by Consumer Council, which received 7,700 complaints amounting to HK$200 million over past three years.
Midea seeks to raise US$3.46 billion on HKEX as blockbuster IPOs tiptoe back to Hong Kong
The jumbo IPO would be the city’s biggest new-share offering since JD Logistics raised the equivalent of US$3.64 billion in May 2021.
Hong Kong sells one of its biggest ‘Silver Bonds’ at lower coupon before US Fed’s rate cut
Hong Kong is cutting the guaranteed annual coupon for its ninth round of "Silver Bonds" for investors aged 60 and above to cope with faster inflation, days before a widely expected US interest rate ...