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Month: April 2025

Posted on 30/04/2025

Negative equity cases in Hong Kong’s real-estate market hit a new high

Negative equity cases soar to highest level since at least 2003 amid rising interest rates; experts advise caution for potential buyers.

Posted on 30/04/2025

Hang Seng Survey: Hong Kong Workers Save Nearly 30% Monthly

In a recent survey conducted by Hang Seng Bank, over 400 working individuals in Hong Kong, aged 18 or above, are saving an average of nearly 30% of their monthly income to ensure financial flexibility ...

Posted on 30/04/2025

Hong Kong finance chief revises budget deficit to HK$80.3 billion, down 8%

Paul Chan attributes lower figure to increased stamp duty income on stock trading and lower-than-expected departmental expenditure.

Posted on 30/04/2025

Hong Kong Exchange Operator Posts Record Quarter on Strong Trading, IPO Activity

The stock-exchange operator said Wednesday that net profit jumped 37% from a year earlier to 4.08 billion Hong Kong dollars, equivalent to US$525.9 million.

Posted on 30/04/2025

Hong Kong legislature passes HK$822.3 billion budget bill for 2025-26

Hong Kong lawmakers have approved the 2025 Budget bill, which includes total government expenditure of HK$822.3 billion. The 2025 Appropriation Bill was passed on Wednesday after its third reading in ...

Posted on 30/04/2025

Bank Account Risks Management: Tips for Hong Kong Banking Operations

Bank account risks management in Hong Kong is essential, as financial institutions tighten compliance checks of corporate accounts.

Posted on 30/04/2025

Hong Kong data privacy firm Terminal 3 raises US$8 million

Terminal 3, a Hong Kong-based Web3 start-up specializing in decentralized data privacy, has raised US$8 million in seed funding to fuel its expansion and upcoming product launches.

Posted on 30/04/2025

China’s CATL to launch Hong Kong listing in May but some advisers warn about trade risks, sources say

By Selena Li and Scott Murdoch HONG KONG/SYDNEY (Reuters) -Chinese battery giant CATL plans to launch its Hong Kong listing next month, two sources with direct knowledge of the matter said, in what is ...

Posted on 30/04/2025

HKEX posts best quarter ever as China’s ‘DeepSeek moment’ spurs IPOs, market’s rerating

Hong Kong Exchanges and Clearing (HKEX), operator of Asia’s third-largest stock market, said its first-quarter profit reached a record high, thanks to more new listings and increased turnover. Net ...

Posted on 30/04/2025

Demand for Chinese stocks lifts Hong Kong exchange’s profits

The exchange also continued to play its role in the internationalisation of Chinese assets. It now permits Chinese government and policy bank bonds held through the Bond Connect scheme — which allows ...

Posted on 30/04/2025

China’s CATL to launch Hong Kong listing in week of May 12, sources say

Chinese battery giant CATL plans to launch its Hong Kong listing next month, two sources with direct knowledge of the matter said, in what is set to be the city's largest share sale in four years. The ...

Posted on 30/04/2025

China’s CATL to launch Hong Kong listing as early as next week, sources say

HONG KONG/SYDNEY (Reuters) -Chinese battery giant CATL plans to launch its Hong Kong listing as early as next week, according to two sources with direct knowledge of the matter, in what is set to be ...

Posted on 30/04/2025

Hong Kong exchange posts 37% rise to record Q1 profit as trading soars

Hong Kong's bourse operator on Wednesday posted a 37% jump in first quarter profit to record its best ever quarterly performance, helped by a sharp increase in securities trading and listing ...

Posted on 30/04/2025

Hong Kong entrepreneurs put pitching skills to the test with business magnate Allan Zeman

Given just 45 minutes and use of the Huawei MatePad Pro 13.2-inch, three business owners create presentations to be judged by the Lan Kwai Fong Group chairman.

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