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Month: April 2025

Posted on 02/04/2025

Futu Trustee Is Recognized as “Hong Kong Best Trust Administrator”

Futu Trustee was honoured as the "Hong Kong Best Trust Administrator" at the 2025 Euromoney Private Banking Awards, hosted in London recently, highlighting Futu Trustee's excellence and innovation in ...

Posted on 02/04/2025

New Hong Kong police chief to increase security work despite US sanctions

Hong Kong's new police commissioner played down the impact of recent U.S. sanctions on Hong Kong and Chinese officials, while pledging to do more to safeguard national security in the financial hub.

Posted on 02/04/2025

KPMG: High Tech/ ‘A+H’ Firms Expected to Drive Growth of HK IPO Mkt This Yr

Hong Kong's IPO market recorded strong momentum in 1Q25, with a total of 15 IPOs completing, raising $17.7 billion, up nearly 3x YoY, logging a record high since 1Q21, KPMG said. Of which, six IPOs ...

Posted on 02/04/2025

Hong Kong’s March property sales rise to 4-month high, in a sign of improving sentiment

Sales of new and lived-in homes, shops, office units, car parking space and industrial properties jumped by 55 per cent to 6,657 lots last month.

Posted on 02/04/2025

3 Asian Dividend Stocks Yielding Up To 6.3%

Amidst a backdrop of global economic uncertainty and inflation concerns, Asian markets have shown resilience with certain sectors continuing to offer attractive investment opportunities. In this ...

Posted on 02/04/2025

China’s 4 top state-owned banks to raise US$72 billion from stock sales to boost capital

The fundraising comes after the National People’s Congress vowed earlier this month to recapitalise major state banks.

Posted on 02/04/2025

Jardine Matheson, giant of Hong Kong commerce, charts new course as investor

The company once called the “most remarkable firm of traders to be involved in the opening up of China” is stepping back from day-to-day business after Jardine Matheson declared it would be an ...

Posted on 02/04/2025

Young entrepreneur starts online pawnshop business in Hong Kong

Hong Kong has seen a steady growth in its entrepreneurship landscape over the last four years. In 2020, authorities say the city saw almost 3,400 new start-ups and that grew by 40 per cent to about 4, ...

Posted on 02/04/2025

Hong Kong’s Fashion InStyle Show to Highlight Global Innovation

The NEXT@Fashion InStyle exhibition zone is funded by the Cultural and Creative Industries Development Agency (CCIDA) of the Hong Kong SAR Government. Thailand is the strategic partner of NEXT@Fashion ...

Posted on 02/04/2025

Hong Kong Considers New OTC Stock Market for Delisted Companies

Hong Kong is drafting rules for an over-the-counter market for delisted shares to give investors at risk of owning a growing pile of nearly worthless securities a chance of recouping some losses.

Posted on 02/04/2025

Hong Kong giant pulls out of Star $750m lifeline

Star Entertainment has failed to secure a $750m lifeline from Salter Brothers, leaving the business at risk of collapse.

Posted on 02/04/2025

4 multi-million-dollar weddings of Hong Kong heirs

Business magnate Timothy Fok’s son Kenneth married Olympic champion Guo Jingjing in a US$15 million wedding, while casino mogul Stanley Ho’s daughter Laurinda spent US$6.4 million marrying actor Shawn Dou.

Posted on 02/04/2025

U.S. Imposes Sanctions on Chinese and Hong Kong Officials for Pursuing Activists Abroad

China’s former top spy catcher is among six security enforcers targeted as the Trump administration turns its attention to human rights issues in the city.

Posted on 02/04/2025

Meet The Hong Kong Billionaire-Backed Chinese Startup That’s Making Chips Without U.S. Technology

Amid the near-daily geopolitical chaos, a little-known Chinese startup backed by Hong Kong billionaire Peter Lee has been making steady progress in developing a computer chip that’s not dependent on a ...

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