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Month: February 2025

Posted on 27/02/2025

Radiating from Hong Kong, FILMART Is the One-Stop Hub for Asia’s Entertainment Market

A must-attend content marketplace for industry elites, FILMART serves as the gateway to the Asian entertainment market. The concurrent events of FILMART and EntertainmentPulse feature a powerful ...

Posted on 27/02/2025

Treasury sanctions six Hong Kong entities for helping Iranian drone network

The U.S. Treasury Department's Office of Foreign Assets Control Wednesday sanctioned six Hong Kong companies for allegedly being part of a covert Iranian drone procurement network.

Posted on 26/02/2025

Hong Kong developer Sino Land reports 30% earnings drop, points to full pipeline

Major Hong Kong developer Sino Land reported a more than 30 per cent drop in earnings for the first half of its financial year amid a slow pace of recovery in the city’s property sector. The company ...

Posted on 26/02/2025

Hong Kong’s latest budget aims to cut spending to tackle record HK$87b deficit

Hong Kong Finance Secretary Paul Chan has unveiled a "belt-tightening" budget aimed at ending the city's series of record-high deficits. The city is projected to mark its third consecutive financial ...

Posted on 26/02/2025

13 things you need to know about in Hong Kong’s 2025 budget

Hong Kong’s finance chief has revealed a series of measures to strictly control government expenditure as the city grapples with an estimated deficit of HK$87.2 billion in the 2024-25 financial year ...

Posted on 26/02/2025

As DeepSeek knock-offs flourish, China curbs false trademarks capitalising on AI hype

China rejects dozens of trademark applications for the name DeepSeek, as Hong Kong sees questionable companies bearing the start-up’s name.

Posted on 26/02/2025

Hong Kong to entice bid spenders by turning LIV Golf into long-term fixture

City’s 2025 budget also lays out plans to attract more business travellers by developing MICE sector, building ties with Middle East.

Posted on 26/02/2025

Hong Kong pledges $127.67 million to create AI institute

Hong Kong said on Wednesday that it is setting aside $127.67 million to create an artificial intelligence research institute that will conduct research and development.

Posted on 26/02/2025

Invesco QQQ ETF slips in Hong Kong trading debut amid jitters around US tech giants

The world’s fifth-largest ETF began trading in Hong Kong for the first time, giving investors access to top US tech firms during Asian trading hours.

Posted on 26/02/2025

Hong Kong outlines plans to leverage strategic positioning, boost global connectivity

HONG KONG -- The Hong Kong Special Administrative Region (HKSAR) will continue to leverage its strategic positioning as the "three centers and a hub" and make good use of the advantages of "one ...

Posted on 26/02/2025

Hong Kong to launch scheme to facilitate tech listing applications

Hong Kong will launch a scheme to facilitate listings of tech companies on the stock exchange, the latest move to boost the appeal of the fundraising hub amid growing appetite among Chinese companies to raise funds offshore.

Posted on 26/02/2025

Tech surge helps Hong Kong lead most Asian markets higher

Hong Kong stocks resumed their impressive start to the year on Wednesday as they rocketed more than three percent on the back of a surge in tech firms fuelled by fresh optimism over the sector in ...

Posted on 26/02/2025

Asia: Most markets rebound as Hong Kong tech rally resumes

ASIAN markets mostly rose on Wednesday after a poor start to the week, with Hong Kong boosted by a rebound in tech firms that had taken a hit from US moves to curb Chinese investments in the country.

Posted on 26/02/2025

Hong Kong to slash public spending, build AI institute

Hong Kong will cut public spending and restore fiscal balance by mid-2027 after a string of huge deficits, the city's finance chief said Wednesday as he unveiled growth plans including an artificial ...

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