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Month: February 2025

Posted on 16/02/2025

Family of Hong Kong’s ‘minibus king’ sell luxurious estate at 34% discount

The family of the late minibus tycoon, Ma Ah-muk, is selling portions of The Center, a 73-floor Hong Kong skyscraper previously recognized as one world's most expensive, for a loss.

Posted on 16/02/2025

Hong Kong should target Olympic medals in 2032 for ‘fearless’ young cyclists, coach says

Herve Dagorne praises emerging riders who 'think about winning', with Daniel Yip's Asian junior title proof that new approach is working Daniel Yip Hon-man, who scorched to Asian Road Cycling ...

Posted on 16/02/2025

Body of man found in waters off Hong Kong’s Tseung Kwan O: police

Hong Kong police are investigating the death of a man whose body was found in the waters near Tai Au Mun Road in Tseung Kwan O on Saturday. The man of Chinese origin was confirmed dead at the scene, ...

Posted on 15/02/2025

Trump’s reciprocal tariff plan to hurt Hong Kong, mainland manufacturers: experts

Hong Kong and mainland Chinese manufacturers will be hit by Donald Trump's planned reciprocal tariffs on all imports given the difficulty of replacing the United States market with alternatives, but ...

Posted on 15/02/2025

Chinese spatial design firm Manycore Tech files for IPO in Hong Kong

Manycore and DeepSeek are part of a group of start-ups, called ‘Six Little Dragons’, that have bolstered the tech-hub status of Hangzhou.

Posted on 15/02/2025

Hong Kong residents compete to name twin panda cubs who just turned 6 months old

Panda craze has once again gripped Hong Kong as residents compete to name the territory’s first locally-born giant panda cubs who just turned six months old ...

Posted on 15/02/2025

CNN gets sneak peek of twin panda cubs in Hong Kong

Hong Kong’s panda twin cubs will soon make their public debut at Ocean Park. The cubs were born in August to Ying Ying, who became the oldest giant panda on record to give birth. CNN’s Kristie Lu ...

Posted on 15/02/2025

Pandas are pretty, but don’t expect them to solve Hong Kong’s financial woes

It appears – though the numbers published vary a bit – that our government is bleeding money on such a scale that the reserves will be run down in five or six years, placing us in the same boat as all ...

Posted on 15/02/2025

Bring on ‘Japanese craze’ for Hong Kong films: Kowloon Walled City movie director

Soi Cheang hopeful others can ride wave of success from action thriller that brings to life old Hong Kong for ‘fascinated’ Japanese fans.

Posted on 15/02/2025

AI giants Baidu, OpenAI offer their chatbots for free in response to DeepSeek’s advance

Chinese internet search giant Baidu will make its advanced AI chatbot services free, as competition heats up among global developers following the surging popularity of startup DeepSeek’s models.

Posted on 15/02/2025

Gaorong Ventures invests $30M in the operator of Hong Kong’s biggest licensed crypto exchange

China’s crypto market is gaining traction. For the first time, Gaorong Ventures, a major Chinese investment firm, has put $30 million into HashKey Group, a company that runs Hong Kong’s largest approved crypto exchange.

Posted on 14/02/2025

HSBC to unveil $1.5 billion of annual cost savings on February 19, FT reports

HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring initiatives, the Financial Times reported on Thursday.

Posted on 14/02/2025

Sun Hung Kai, Sino Land among 4 Hong Kong developers bidding for Tung Chung plot

A total of four Hong Kong property developers submitted bids for a residential land parcel in Tung Chung, the Lands Department said on Friday, after the government revised its requirements to ...

Posted on 14/02/2025

Hong Kong’s market watchdog reviews 8 brokerages amid IPO oversubscription frenzy

SFC monitoring brokerages with respect to their risk management of margin financing for new stocks, CEO Julia Leung says.

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