Hong Kong’s approved mortgage loans surged to a one-year high in May as more homebuyers sought to refinance their existing loans amid lower bank rates, according to data from the Hong Kong Monetary ...
Why Property Giant New World Isn’t Out Of the Woods Despite Whopper Deal
Beleaguered Hong Kong property developer New World secured a HK$88.2 billion ($11.2 billion) loan on June 30, in an eleventh-hour deal that will have bankers across the city breathing a collective ...
Hong Kong’s New World secures US$11.3 billion refinancing deal just before deadline
Hong Kong developer New World Development (NWD ... The package would “allow the group more flexibility to better manage its expected ongoing business and financial needs”, the statement said. “The new ...
Hong Kong’s New World Development gets crucial $11 billion refinancing deal
Hong Kong builder New World Development said on Monday it had received commitments for a HK$88.2 billion ($11.24 billion) loan refinancing package, as the property developer finalises a crucial ...
Hong Kong: Bridging Business Opportunities Under the Belt and Road Initiative
Hong Kong SAR--(Newsfile Corp. - June 30, 2025) - As a global trade and financial centre and a key link in the Belt and Road Initiative (B&RI), Hong Kong plays a pivotal role in connecting the Belt ...
Hong Kong on Track to Reclaim Global IPO Crown
After years of lackluster IPO activity, Hong Kong is back on track to be the world’s No. 1 listing destination.So far this year, there have been 41 initial public offerings in the city, Dealogic data ...
Hong Kong’s Upcoming Stablecoin Rules to Shake Up US Dollar Dominance, Deter Bigger Players
The city has aligned its fintech push with China's de-dollarization efforts as new stablecoin laws take effect in August.
Leading Hong Kong pro-democracy party disbands: ‘We will not be the last to fall’
The League of Social Democrats (LSD), which has been one of the most vocal critics of Beijing's tightening grip over Hong Kong’s political system, announced its decision to disband due to “immense political pressure”. In an emotional Facebook post on ...
Young volunteers visit Hong Kong prisoners to give support as they seek a better life
The NGO Voice for Prisoners helps inmates access education and support from visitors, giving them hope for a brighter future.
Can Singapore regain allure, as more of the city’s companies flock to Hong Kong for IPOs?
The listings of IFBH and Mirxes underline Hong Kong’s superiority, but Singapore is not giving up, bankers and analysts say.
Son of HSBC Asia’s chairman Peter Wong spends $29M on Hong Kong luxury homes
Jeremy Wong, son of Peter Wong, chairman of HSBC’s Asia subsidiary, has bought four luxury flats in Hong Kong this year, spending at least HK$231 million (US$29 million).The purchases were made over ...
Leading the Charge: Eddid Financial’s Two-Year Journey into Digital Assets and the Emerging RWA Frontier
In a move that has sparked widespread industry discussion, a major mainland Chinese brokerage recently received approval from the Hong Kong Securities and Futures Commission (SFC) to uplift its ...
Apple supplier Lens Technology seeks up to HK$4.8 billion in Hong Kong listing
HONG KONG] Lens Technology, a supplier to Apple, is seeking to raise as much as HK$4.8 billion (S$780 million) in a Hong Kong listing, the latest Chinese company to seek a second trading foothold in ...
Hong Kong’s security net extends beyond arrests as small businesses pressured
HONG KONG -- It’s been years since mass arrests all but silenced pro-democracy activism in Hong Kong. But a crackdown on dissent in the semiautonomous Chinese city is still expanding, hitting ...