Hong Kong stocks fell to the lowest in almost two weeks on concerns that corporate earnings are worsening amid the slowdown in China’s growth. The Hang Seng Index dropped 0.4 per cent to 17,620.34 as ...
HK-listed firm to buy 26.8% of Cabangon-led CityState
A Hong Kong-listed holding firm is set to acquire a significant stake in CityState Savings Bank Inc. via a P735.9-million share purchase deal, valuing the Cabangon-led bank at around P2.75 billion. In ...
Li Ka-shing’s luxury mall in Hong Kong sits empty as Chinese spending plunges
Only three of the more than 30 units at Mr Li's 1881 Heritage mall are occupied. Read more at straitstimes.com.
Former Hong Kong opposition leader makes political U-turn, says he regrets defying government
Barrister turned ex-legislator Alvin Yeung tells court he was ‘naive and blind’ in resisting authorities in city’s first subversion trial.
IDA, a Hong Kong-based Fiat-referenced Stablecoin Issuer, Raised USD6 Million Seed Round Led by CMCC Global and Hashed
IDA, a premier Hong Kong-based digital asset company, has raised USD6 million in a seed funding round led by prominent blockchain investors CMCC Global, under its Titan Fund, and Hashed. This capital ...
Crypto Firm IDA Raises $6M to Launch New Stablecoin HKDA in Hong Kong
IDA has completed a $6 million seed funding round to support the development and launch of its first stablecoin HKDA in Hong Kong.
Property crisis hits Hong Kong: New World Development reports $2.6 billion loss
Has China’s property crunch infected Hong Kong’s huge sector, or are the problems at Star Entertainment Group adding to the woes of a major business family in the former UK colony?
Hong Kong Billionaire Henry Cheng’s Family Office Names Son Christopher As Co-CEO
It reportedly has an asset under management of more than $100 billion, according to HOY TV, a Hong Kong broadcaster controlled by Henry. “I am glad that my work in various areas of the family’s business, including Chow Tai Fook Enterprises, has been ...
DP World completes acquisition of Hong Kong-based supply chain provider
Dubai-based ports operator DP World has completed the acquisition of Cargo Services Far East, a Hong Kong-based supply chain provider, as part of its efforts to bolster its integrated logistics business.
Opinion | Hong Kong Convicts Two Editors
Businesses need reliable information to make decisions, but practicing journalism can now count as a crime in Hong Kong. Two editors face years in prison after a Hong Kong court convicted them ...
11% of Hong Kong public junior schools vow to scrap exams, tests for Primary One pupils
Move follows call from education authorities for shake-up in how schools assess students to improve children’s mental health.
Press Freedom Watchdogs Slam Hong Kong for Convicting Editors of Sedition
Chung Pui-Kuen and Patrick Lam, former editors of the now-closed independent news site Stand News, were convicted last week of sedition. The ruling was described by the International Federation of ...
Guilty defendant in Hong Kong ‘Dragon Slaying’ bomb plot seeks leniency, says not mastermind
Lai Chun-pong, 33, will be sentenced with six others who earlier pleaded guilty for their roles in plotting to kill officers in 2019.
Major Hong Kong developer warns it will post first annual loss in 20 years
One of Hong Kong’s largest property developers said it expected to post its first annual loss in two decades due to the territory’s real estate downturn, sending its shares lower by 13 per cent on ...