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Month: January 2025

Posted on 07/01/2025

Asian Financial Forum to be held in HK next week

More than 3,600 global finance and business figures will attend the annual Asian Financial Forum (AFF) which is set to kick off in Hong Kong next ...

Posted on 07/01/2025

Hong Kong’s Paul Chan on Indonesia mission as city’s firms eye huge market

Financial secretary has arrived in Jakarta with a business delegation to promote Hong Kong’s advantages to local companies.

Posted on 07/01/2025

Hong Kong to offer just 1 land plot this quarter amid developer caution

The plan for the Tung Chung site has been revised to allow for 745 flats following an unsuccessful tender in 2023.

Posted on 07/01/2025

Hong Kong’s ambitious plan to build 3 artificial islands set for another delay

Development chief refuses to set starting date for reclamation work for HK$580 billion project as government grapples with ballooning deficit.

Posted on 07/01/2025

Hong Kong: Man creates clay toys despite missing both hands in Jordan, Hong Kong

Kowloon, Hong Kong - October 21, 2024 On October 21, 2024, in Jordan, Hong Kong, @sugarhighstonedd shared a video of a handicapped man making toys out of clay. In the video, he is seen taking clay from a drawer before beginning to mold it.

Posted on 07/01/2025

Christopher Hui: HK Mkt Turns Around in 2H24, Ranking 4th Globally in IPO Fundraising

Christopher Hui, Hong Kong's Secretary for Financial Services and the Treasury, said that with the atmosphere in Hong Kong's asset market significantly improving in 2H24, the city ranked fourth ...

Posted on 07/01/2025

Hong Kong eases requirements for investors under new investment attraction scheme

The HKSAR government also shortened the period of time an applicant is required to possess no less than HK$30 million ($3.86 million) worth of net assets or equity from two years to six months ...

Posted on 07/01/2025

Hong Kong eases investment thresholds to attract family offices

HONG KONG – Hong Kong is easing the requirement of its capital investment entrant scheme, bolstering efforts to attract family offices and lift the city’s status as a global wealth hub.

Posted on 07/01/2025

Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company

Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.

Posted on 07/01/2025

Tencent, Li Auto drag Hong Kong stocks to 1-month low on US-China geopolitical concerns

The Department of Defense added dozens of firms as ‘Chinese military entities’ in register on January 7, stoking steep stock losses.

Posted on 07/01/2025

Hong Kong budget deficit to be just under US$13bil

Hong Kong’s deficit for this fiscal year is expected to be just below HK$100bil or about US$13bil, the city’s finance chief says.

Posted on 07/01/2025

Shares of Tencent fall over 5% in Hong Kong after U.S. designates it as a Chinese military company

Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.

Posted on 07/01/2025

Pork producer Smithfield Foods files for US IPO

Smithfield Foods, the world's largest pork producer, filed for an initial public offering in the US. Hong Kong-based WH Group, which purchased Smithfield for $4.7 billion in 2013, will sell some of ...

Posted on 07/01/2025

Smithfield Foods first to publicly file in 2025 for big US IPO

Smithfield Foods on Monday made public its paperwork for its New York initial public offering as the maker of Farmland bacon and Farmer John sausages prepares for its U.S. stock market return after ...

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