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Month: March 2025

Posted on 05/03/2025

After Trump threats, Hong Kong firm says it will sell stake in Panama Canal ports

CK Hutchison said the proposed sale was part of a bigger deal in which a consortium led by BlackRock Inc. would acquire an 80% interest in its units.

Posted on 05/03/2025

Hong Kong firm to sell Panama Canal stake to BlackRock-backed group amid Trump pressure

Hong Kong's CK Hutchison on Tuesday agreed to sell its interests in a key Panama Canal port operator to a BlackRock Inc-backed consortium, following intense pressure from U.S. President Donald Trump ...

Posted on 05/03/2025

Billionaire Brothers’ Chinese Bubble Tea Giant Mixue Surges In Hong Kong Debut

Shares of Mixue Group, China’s largest bubble tea chain controlled by billionaire brothers Zhang Hongchao and Hongfu, jumped 43% in its Hong Kong IPO debut.

Posted on 05/03/2025

29 kindergartens close in Hong Kong, most since records began in 2013

Government figures also show 42 per cent increase in number of newly arrived pupils aged six to 18 enrolled in induction programme.

Posted on 05/03/2025

Hong Kong Company Sells Panama Ports To BlackRock Following Trump’s Threats To Take Over Canal

Hong Kong-based CK Hutchison sold control of a unit that operates ports near the Panama Canal to BlackRock as Trump alleges the canal is controlled by China ...

Posted on 04/03/2025

Hong Kong targets creation of rival to Euroclear

Hong Kong authorities are pushing to create an Asian rival to Europe’s influential securities depositories, in a bid to lessen dependence on western financial infrastructure and boost global use of ...

Posted on 04/03/2025

Hong Kong stocks sink as Trump’s tariffs stoke trade-war fears, BYD slumps

US president reaffirms that tariffs on Chinese imports will double to 20 per cent as reprieve period for Canada and Mexico ends.

Posted on 04/03/2025

Hong Kong boosts yuan hub status by expanding mainland China bond collateral initiative

HKMA unit CMU OmniClear and HKEX sign MOU to enhance the post-trade securities infrastructure of Hong Kong’s capital markets.

Posted on 04/03/2025

Firms Advise Mixue on $450M Hong Kong IPO As Bubble Tea Craze Gives Capital Markets a Boost

Last month, another Chinese beverage maker Guming, advised by Skadden, Shihui Partners and Ogier, also listed and raised $230 million.

Posted on 04/03/2025

HSBC celebrates 160 years in Hong Kong with display of the bank’s heritage and innovation

Extensive line-up of anniversary festivities includes a special installation at HSBC’s iconic headquarters, plus an array of community events.

Posted on 04/03/2025

DeepSeek hype and geopolitics make this Chinese chipmaker one of Hong Kong’s best performing stocks

Semiconductor Manufacturing International Corporation (SMIC) is up over 75% for the year so far, making it one of the Hang Seng's best performing stocks.

Posted on 04/03/2025

Hong Kong records drier first 2 months of 2025, with 42% less rain

Residents can also expect colder weather ahead with temperatures set to drop to 13 degrees Celsius on Friday, Observatory says.

Posted on 04/03/2025

Hong Kong property sales fall to 5-month low; buyers spooked by US-China tension: agencies

Hong Kong real-estate sales fell to their lowest point in five months in February, reflecting caution among homebuyers and investors amid increasing tensions between Washington and Beijing, according ...

Posted on 04/03/2025

China, Hong Kong stocks dip as US tariffs loom; NPC in focus

China and Hong Kong stocks slipped on Tuesday, as new U.S. tariffs on Chinese imports were set to take effect, while investors awaited the upcoming annual parliamentary sessions to gauge Beijing's ...

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