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Month: February 2025

Posted on 19/02/2025

Hong Kong Banks Tap Most Funds Since 2019 as Stock Demand Soars

Hong Kong banks borrowed the largest amount of short-term cash in more than five years on Tuesday, as they sought to keep up with a booming demand for local equities.Most Read from BloombergWhy Barcel ...

Posted on 19/02/2025

Tokenisation a ‘defining trend’ for Web3 in Hong Kong as city hosts major Consensus event

Tokenisation will be 'profoundly transformative', Secretary for Financial Services Christopher Hui said, as companies pile into the burgeoning business Hong Kong is intensifying its focus on ...

Posted on 19/02/2025

Hong Kong Has 110 Active IPO Applications. Which Firms Have the Largest Market Share?

Capital markets lawyers hope the city's IPO market is rebounding, but some Big Law players have been squeezed out of the Hong Kong IPO pie.

Posted on 19/02/2025

Chinese Investors Buy Most Hong Kong Stocks in Four Years

Chinese mainland investors bought HK$22.4 billion ($2.88 billion) worth of Hong Kong stocks on Tuesday, as they continued to drive a DeepSeek-spurred tech rally in the city.

Posted on 19/02/2025

Hong Kong ‘crucial’ for promoting yuan’s growing role in international finance: officials

Already the world’s biggest offshore yuan hub, city’s role will increase as liquidity and uses expand, officials and experts say.

Posted on 19/02/2025

China Market Update: Southbound Hong Kong Buying Sets Record, Baidu Earnings Beat

Asian equities were largely higher overnight despite the US dollar strengthening overnight. Hong Kong led the push higher on very high volumes, the Philippines and Pakistan outperformed, while ...

Posted on 18/02/2025

Hong Kong ‘crucial’ for promoting yuan’s growing role in international finance

Already the world’s biggest offshore yuan hub, city’s role will increase as liquidity and uses expand, officials and experts say.

Posted on 18/02/2025

Jimmy Lai’s son urges US, UK help to get father out of Hong Kong jail

Pro-democracy media tycoon Jimmy Lai is physically breaking down in a Hong Kong prison and "time is running out" for him if the U.S. and Britain do not push for his release, his son said.

Posted on 18/02/2025

China’s Sany Heavy Industry eyes US$1.5 billion Hong Kong IPO, sources say

Chinese manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to US$1.5 billion, two people familiar with the matter said on Tuesday. The people could not be named as ...

Posted on 18/02/2025

China’s Sany Heavy Industry may raise $1.5 billion in planned Hong Kong listing, sources say

Chinese manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to $1.5 billion, two people familiar with the matter said on Tuesday. The people could not be named as ...

Posted on 18/02/2025

HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs, source says

HSBC , has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as part of a global restructuring exercise at the Asia-focused lender to cut ...

Posted on 18/02/2025

Running clubs: Hong Kong’s hottest new social scene

Organised group runs have sprung up across the city. Here are the best ones to join on almost every day of the week ...

Posted on 18/02/2025

China’s Sany Heavy Industry aims to raise up to $1.5 billion in planned Hong Kong listing, sources say

Chinese manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to $1.5 billion, two people familiar with the matter said on Tuesday.

Posted on 18/02/2025

After heart transplant in Hong Kong, 8-month-old Whitney’s condition stabilises

Professor Cheung Yiu-fai of Hong Kong Children’s Hospital says baby can be released from ICU when she wakes up from ‘smooth’ operation.

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