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Month: January 2025

Posted on 10/01/2025

Why China’s central bank has stopped bond purchases

The bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that's put unwanted downward pressure on the yuan, analysts say.

Posted on 10/01/2025

CES 2025: Hong Kong start-ups out in force as city strives to become Asian tech hub

Nearly 100 Hong Kong-registered companies are exhibiting at CES this week, compared to around 30 from Singapore.

Posted on 10/01/2025

Indebted developer Sunac China faces liquidation threat in Hong Kong

A liquidation petition was filed against indebted developer Sunac China Holdings in Hong Kong amid its efforts to restructure its offshore debt for the second time, marking the latest drama for ...

Posted on 10/01/2025

Hong Kong Economic Policy Green Paper 2025 Policy Recommendations to Turbocharge Hong Kong’s Economy

This is the 4th year the School has been collaborating with like-minded scholars who share a vested interest in Hong Kong's future development to co-author the annual "Hong Kong Economic Policy Green ...

Posted on 10/01/2025

Chinese Toy Entrepreneur Zhu Becomes Billionaire After Frenzied IPO

Bloks’ Hong Kong initial public offering Friday was 6,000 times oversubscribed and wildly popular after trading began, giving Zhu, the 42-year-old chairman and CEO, a fortune of $1.7 billion mostly ...

Posted on 10/01/2025

Toymakers build fun Hong Kong stocks a playground

Hong Kong's long-dormant animal spirits have found a fun niche in an otherwise gloomy market. Shares in Chinese toymaker Bloks surged 82% on their Friday debut, thanks to overwhelming demand in the ...

Posted on 10/01/2025

Toymaker Becomes a Billionaire After Frenzied Hong Kong IPO

The frenzy over a toymaker’s Hong Kong initial public offering has created a new billionaire. Zhu Weisong, founder and chairman of Bloks Group Ltd., was catapulted into the ultra-rich ranks after the ...

Posted on 10/01/2025

Ultraman Toymaker Bloks Jumps 82% in HK After Frenzy Over IPO

Shares of Bloks Group Ltd., the popular Chinese maker of Ultraman and Transformers figurines, surged 82% in their Hong Kong trading debut after the company’s $215 million initial public offering drew ...

Posted on 10/01/2025

Millennium Hedge Fund Spinoff Modular Expands to Hong Kong

Millennium Management spinoff Modular Asset Management plans to expand to Hong Kong, the latest hedge fund arrival as the city tries to defend its status as a global financial hub.

Posted on 10/01/2025

Transformers toymaker Bloks to debut in Hong Kong after IPO frenzy

HONG KONG – Shares of Bloks Group, the popular Chinese maker of Ultraman and Transformers figurines, will begin trading in Hong Kong on Jan 10 after its US$215 million initial public offering drew ...

Posted on 10/01/2025

Hong Kong’s Paul Chan meets Asean chief to promote city’s links with bloc

Survey of 600 Greater Bay Area businesses highlights bloc as top overseas destination among firms seeking to diversify supply chains.

Posted on 10/01/2025

‘Think Business, Think Hong Kong’ Opened Doors to More Fruitful, Sustainable Hong Kong-Indonesia Partnership

Some 2,000 participants explored Hong Kong's advantages and strengths - 1,500+ participants attended the full-day symposium to explore the latest business opportunities across sectors and Hong Kong's ...

Posted on 09/01/2025

Developer Sunac China gets liquidation petition, Hong Kong judiciary website shows

A liquidation petition has been filed against indebted property developer Sunac China , the Hong Kong judiciary's website showed late on Thursday.

Posted on 09/01/2025

Hong Kong Chinese stocks set to soar 21% in 2025, says HSBC

HSBC predicts a 21% rise in Hong Kong-listed Chinese stocks by 2025, driven by favourable policy shifts in mainland China.

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