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Month: May 2025

Posted on 08/05/2025

Hong Kong ferry disaster survivor says life jackets locked away before sinking

Philip Chiu, whose sister died in the 2012 tragedy, becomes first witness to provide verbal testimony at coroner’s inquest.

Posted on 08/05/2025

Eviction of Hong Kong teacher on hold as she mounts challenge against authorities

Teacher insists checks by Housing Department to see if she lived in one-person public flat overlooked her long daily hours away from home.

Posted on 08/05/2025

Hong Kong Interbank Offered Rates Plunge: Implications for Mortgage Rates and Borrowers

This decline has been driven by a combination of factors, including increased liquidity in the banking system and reduced demand for interbank loans. The overnight HIBOR, which plummeted from 2.49% to ...

Posted on 08/05/2025

Cargo business of Hong Kong’s Cathay ‘set for sharp decline amid Trump tariffs’

HSBC research report also says Hong Kong flag carrier’s full-year profits could be cushioned by lower jet fuel costs.

Posted on 08/05/2025

Local lenders keep interest rates unchanged

Leading local banks including HSBC, Bank of China (Hong Kong) and Standard Chartered on Thursday kept their prime lending rates steady after an ...

Posted on 08/05/2025

Hong Kong IPOs outshine broader market spurred by inflows from global, Chinese funds

The shares first changed hands at HK$190.60, a jump of 68.5 per cent from the initial public offering (IPO) price of HK$113.12 when trading began at 9.30am.

Posted on 08/05/2025

BOC HONG KONG Keeps HKD Prime Rate Unchanged at 5.25%

BOC HONG KONG (02388.HK) announced that it will maintain the HKD Prime Rate and HKD savings deposit rate unchanged at 5.25% p.a. and 0.25% p.a., respectively. Related News HSBC Re ...

Posted on 08/05/2025

5-vehicle crash on Hong Kong highway injures 6, closes all lanes temporarily

Six passengers, drivers sustain slight injuries in crash involving three private cars, two trucks, police say.

Posted on 08/05/2025

‘From A to H’: CATL’s Hong Kong IPO opens gates to mainland firms’ stock sales in the city

A-share firms have applied to sell shares in Hong Kong this year, surpassing last year’s 16, according to exchange data.

Posted on 08/05/2025

CATL to open floodgates for mainland-listed firms seeking share sales in Hong Kong

A-share firms have applied to sell shares in Hong Kong this year, surpassing last year's 16, according to exchange data Mainland China-listed firms are flocking to Hong Kong for new share offerings, ...

Posted on 08/05/2025

Hong Kong’s Ocean Empire congee chain shuts down all restaurants after 33 years

A popular 33-year-old congee restaurant chain has announced the closure of all its locations due to worsening operating and financial conditions, joining a growing wave of shop shutdowns in Hong Kong.

Posted on 08/05/2025

Auntea Jenny shares jump 68.5% in Hong Kong debut as traders return to city’s IPO frenzy

The shares first changed hands at HK$190.60, a jump of 68.5 per cent from the initial public offering (IPO) price of HK$113.12 when trading began at 9.30am.

Posted on 08/05/2025

Bubble tea billionaire ranks swell after latest Hong Kong IPO

Market though is overflowing with rivals and fierce price clashes. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/05/2025

Hong Kong Works on Image Overhaul to Attract Overseas Visitors

Hong Kong’s efforts to overhaul an image dented by years of turbulence and reestablish itself as an Asian events hub are starting to lure more international visitors beyond mainland China, the city’s ...

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