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Month: January 2025

Posted on 28/01/2025

China Vanke’s Hong Kong shares climb after reshuffle of top management

Property developer China Vanke's Hong Kong shares firmed on Tuesday following a change of top management that reinforced government support for the company to contain its liquidity risks. State-backed ...

Posted on 28/01/2025

Japan and Hong Kong markets set for mixed open after AI sell-off drags Wall Street

Japan and Hong Kong stocks were set to open mixed Tuesday, with several Asia-Pacific markets closed for the Lunar New Year holiday. Japan's Nikkei 225 futures pointed to a lower open for the market.

Posted on 28/01/2025

Hong Kong’s Blue Pool Capital Buys Minority Stake in Super-Star Sneaker Maker

Golden Goose, the maker of the Super-Star sneakers brand, said Hong Kong investment firm Blue Pool Capital acquired a minority stake, a move that is expected to support the Italian fashion company’s ...

Posted on 28/01/2025

Marshall Sells to Hong Kong’s HSG in $920 Million+ Deal, Plans to Unlock Its ‘Full Potential Across the World’

HongShan Capital Group (HSG), which has acquired a majority interest in the “audio, tech and design powerhouse” at a $1.16 billion (€1.1 billion) valuation. Stockholm-based Marshall and Hong ...

Posted on 28/01/2025

Ascentage raises $126m in first biotech IPO of 2025

Chinese biotech Ascentage Pharma has taken the first US biotech initial public offering (IPO) of 2025 over the finish line, raising $126 million for its pipeline of small-molecule cancer drugs.

Posted on 28/01/2025

Metsera eyes $289M IPO to fund phase 3 weight loss trial

Metsera has set its sights on a hefty $289 million IPO as the next-gen obesity biotech seeks to fund a phase 3 trial of its GLP-1 receptor agonist. | Metsera has set its sights on a hefty $289 million ...

Posted on 28/01/2025

Hong Kong’s snake soup is slithering away but still simmers in a decades-old kitchen

As Hong Kong prepares to welcome the Year of the Snake on Wednesday, Chau Ka-ling displays a moving serpent with practiced ease, holding it like a pet in her decades-old restaurant in the city.

Posted on 28/01/2025

Lake in Hong Kong Disneyland closed indefinitely after discovery of charred body

An artificial lake in Hong Kong Disneyland has been closed indefinitely as police are investigating the discovery of a partially charred body. The Inspiration Lake Recreation Centre announced on ...

Posted on 28/01/2025

Hong Kong artist Luke Ching fired by McDonald’s after calling for mealtime pay to be reinstated

McDonald's has fired Hong Kong activist-artist Luke Ching after he called for the fast food franchise to reinstate paying workers for their meal breaks.

Posted on 28/01/2025

Contractor temporarily barred from bidding on Hong Kong public works

Death of worker in industrial accident prompts Development Bureau to order independent safety audit and improvement action plan.

Posted on 28/01/2025

From Hong Kong to London, Prime Home Values Are Set to Decline

Hong Kong, London and San Francisco are among at least half a dozen major cities where prime residential property prices are headed for a drop this year as borrowing costs weigh on sentiment, ...

Posted on 28/01/2025

Hong Kong aviation milestones, from Concorde, Dragonair vs Cathay to the first ever night flight

Revisit key moments in Hong Kong's evolution to becoming Asia's major global aviation hub, from Concorde's 1976 debut and Cathay Pacific's first Boeing 747 to the first night flights, and more ...

Posted on 28/01/2025

An AI-generated animation pays tribute to Hong Kong’s golden age of cinema

This AI-driven animation at the M+ Facade in Hong Kong gives the golden age of HK cinema a futuristic facelift ...

Posted on 28/01/2025

Hong Kong pollster taken in by national security police for 2nd time to assist investigation – reports

Hong Kong pollster Robert Chung has been taken in by national security police to assist with an investigation for the second time in two weeks.

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