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Month: May 2025

Posted on 15/05/2025

Robotaxi Service Pony AI Stock Falls Despite IPO Buzz – Here’s Why

Pony AI Inc has confidentially filed for Hong Kong IPO to raise capital for expansion. Its stock surged and caught fire for the first time.

Posted on 15/05/2025

Hong Kong stocks jump on strong JD.com results, with Tencent, Alibaba on deck

The tariff episode is expected to have a limited impact on corporate earnings,’ Bocom International analyst says.

Posted on 15/05/2025

Real-name system slashes misuse of Hong Kong’s HK$2 subsidy travel scheme

Despite significant drop in misuse cases, the scheme is still projected to cost the government HK$6 billion annually.

Posted on 14/05/2025

This Hong Kong IPO Candidate May Benefit From Policy Tailwinds

This digital payment services provider is likely to get a lift from China's initiatives to boost domestic consumption.

Posted on 14/05/2025

CATL set to price Hong Kong IPO at top end of range as retail investors pile in

World’s largest maker of electric-vehicle batteries could expand its IPO deal to as much as US$5.3 billion if several upsize options are exercised.

Posted on 14/05/2025

HSBC moves to repossess Hong Kong flat of Abby Choi’s former father-in-law

Court summons for Kwong Kau is latest development in controversy over his subsidised flat, which has already prompted tightening of some rules.

Posted on 14/05/2025

Hong Kong’s High-Stakes Dance Between Finance and Freedom

Hong Kong has long been a place where money moves fast and nothing stays idle. From its early days as a British trading outpost to its modern status as a ...

Posted on 14/05/2025

From baby wipes to aluminum panels, Hong Kong businesses are caught in U.S.-China trade scrap

The cycle of tit-for-tat tariffs between the U.S. and China has brought uncertainty to Hong Kong businesses reliant on the American market, which don't know what level tariffs will be at in three ...

Posted on 14/05/2025

Surprise lay-offs hit Hong Kong’s Hang Seng Bank amid HSBC’s sweeping revamp

Some departments lose up to 20 per cent of their staff, while the hardest-hit team is cut in half, sources say.

Posted on 14/05/2025

HSBC Hong Kong signs MoUs to support Chinese companies expanding into Mideast markets

The Hongkong and Shanghai Banking Corporation Limited, through its Hong Kong Office ( HSBC Hong Kong ) has announced the signing of ...

Posted on 14/05/2025

WRISE Hong Kong Appoints New Senior Leader, Expands Executive Roles for Growth

HONG KONG SAR - Media OutReach Newswire - 13 May 2025 - WRISE Hong Kong today announced the appointment of Joe C. Lee as Non-Executive Director of WRISE Prestige Hong Kong, effective immediately. With ...

Posted on 14/05/2025

Hong Kong market rebound rolls on as 3 companies unveil plans to raise funds in the city

A subsidiary of Sinopec, a mainland medtech firm and Hong Kong’s CSI Properties plan to raise funds amid surging activity.

Posted on 14/05/2025

China’s CATL set to price shares at HK$263 each in $4.6 billion Hong Kong listing, sources say

Chinese battery maker CATL is set to price its shares at HK$263 ($33.70) each and increase the size of the company's Hong Kong listing, according to two sources with direct knowledge of the matter, ...

Posted on 14/05/2025

Hong Kong property slump hits real estate owned by celebrities and tycoons, including Nicholas Tse and Stanley Ho’s family

Hong Kong’s prolonged property downturn is dragging down the value of real estate owned by celebrities and tycoons, including actor Nicholas Tse and the family of late Macau casino magnate Stanley Ho.

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