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Month: March 2025

Posted on 21/03/2025

As­cendis’ Chi­na joint ven­ture, Visen Phar­ma­ceu­ti­cals, prices $86M Hong Kong IPO

Visen Pharmaceuticals, a biotech developing much of Ascendis Pharma’s endocrine-related disease pipeline for the China market, will go public on the Hong Kong Stock Exchange on Friday.

Posted on 21/03/2025

Hong Kong’s richest man, Li Ka-shing, is in hot water

Hong Kong tycoon Li Ka-shing’s business empire is in the crosshairs after CK Hutchison Holdings chose to sell its Panama Canal port assets to a consortium that includes U.S. investment firm BlackRock ...

Posted on 21/03/2025

Beijing will keep Hong Kong ‘free and open’ for business, Euro chamber told

Beijing’s point man on Hong Kong affairs has underscored the central government’s determination to maintain the city’s “free and open” business environment at a meeting with a European trade group. Xia Baolong,

Posted on 20/03/2025

HK ranked Asia’s top financial centre, third globally

Hong Kong remains Asia's top financial hub, and third in the world behind New York and London, according to a half-yearly index of global financial ...

Posted on 20/03/2025

Hong Kong – World No.3 Global Financial Centre

Hong Kong has maintained its World No.3 ranking in the latest Global Financial Centres Index (GFCI) after New York (No.1) and London (No.2). Hong Kong’s overall rating ...

Posted on 20/03/2025

Hong Kong Caps IPO Margin Loans Amid Heated Retail Demand

Hong Kong’s market regulator capped the amount of margin loans that can be used to buy shares at initial public offerings to clamp down on excessive demand from retail investors. The Securities and ...

Posted on 20/03/2025

Hong Kong Airlines flight diverts due to suspected fire

A Hong Kong Airlines flight from Hangzhou to Hong Kong was forced to divert to Fuzhou, in southeastern China, on Thursday due to a suspected fire in an overhead baggage compartment, the company said.

Posted on 20/03/2025

Hong Kong’s embattled CK Hutchison says profits down in 2024

Embattled Hong Kong conglomerate CK Hutchison Holdings, caught in a US-China spat over control of the Panama Canal, said on Thursday that profits fell 27 percent in 2024. Following years of diversification,

Posted on 20/03/2025

The iconic bamboo scaffolding is about to become a thing of the past in Hong Kong

The Hong Kong government is slowly phasing out the city's iconic bamboo scaffolding in favour of metal scaffolding.

Posted on 20/03/2025

BOC Hong Kong (OTCMKTS:BHKLY) Hits New 52-Week High – Here’s What Happened

Limited (OTCMKTS:BHKLY – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $79.37 and last traded at $79.37, with a volume of 5950 shares. The ...

Posted on 20/03/2025

Hong Kong’s richest man is in hot water over his company’s Panama Canal ports deal

Hong Kong tycoon Li Ka-shing’s business empire is in the crosshairs after CK Hutchison Holdings chose to sell its Panama Canal port assets to a consortium that includes U.S. investment firm BlackRock ...

Posted on 20/03/2025

Starlink in the Pacific and Baidu’s PR headache

Since the emergence of DeepSeek, Chinese AI has grabbed headlines and been the talk of tech bosses around the globe. However, venture investors in China seem to be in no hurry to ink deals as the ...

Posted on 20/03/2025

As Hongkong Land’s US$11.5 bil bet on Shanghai takes shape, recycling plans are announced

Smith said HKL plans to recycle US$6 billion by 2027. Out of this US$6 billion, build-to-sell in China is approximately US$2.5 billion, non-core retail in China accounts for US$3 billion, and ...

Posted on 20/03/2025

Hong Kong keeps base rate unchanged at 4.75% as Fed holds fire on Trump’s tariff fallout

The Fed is seen cutting rates again by midyear, while Hong Kong banks may lower the prime rate by 0.125 percentage points.

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