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Month: June 2025

Posted on 24/06/2025

Hong Kong drink maker Vitasoy’s profit doubles to US$30 million on China demand

“We are confident that the company’s business will continue to optimise and grow in the long term,” Winston Lo, executive chairman, said at a media briefing following the earnings release. The company ...

Posted on 24/06/2025

Hong Kong Family Office VMS to Allocate Up to $10M to First Crypto Play: Bloomberg

VMS Group, a Hong Kong family office with just under $4 billion in assets under management (AUM), is venturing into crypto for the first time, Bloomberg reported on Monday. The firm has earmarked up ...

Posted on 24/06/2025

US consulate condemns Hong Kong’s government for ‘repression’ of Independence Day celebrations

The U.S. consulate in Hong Kong has condemned the city’s government for what it is calling the repression of U.S. Independence Day celebrations.

Posted on 24/06/2025

A $4 Billion Hong Kong Family Office Makes First Crypto Foray

A money manager to some of Hong Kong’s richest individuals will start investing in crypto, as more favorable regulations attract a wider array of investors to the digital-asset sector.

Posted on 24/06/2025

Hong Kong needs to attract more international companies: HKEX’s Chui

Johnson Chui, Head of Global Issuer Services at Hong Kong Exchanges and Clearing, talks about recent renewed interest in Hong Kong as a market, as it attracts a wave of foreign investors and IPOs. He ...

Posted on 24/06/2025

HK’s property market is stable, says Paul Chan

Financial Secretary Paul Chan says Hong Kong's property market is stable despite a protracted decline in prices, as interest rates are expected to ...

Posted on 24/06/2025

Zhejiang Sanhua Stumbles in Hong Kong Debut

Shares of Zhejiang Sanhua Intelligent Controls fell as much as 8.1%, after the Chinese maker of refrigeration components raised $1.2 billion in its Hong Kong offering.

Posted on 24/06/2025

Asia markets rise after Trump announces tentative Israel-Iran ceasefire; Hong Kong leads gains

Asia stock markets rise on Tuesday supported by tentative ceasefire talks between Iran and Israel announced by US President Donald Trump, to end the twelve-day conflict, set to begin late Monday, with ...

Posted on 24/06/2025

Cause of driverless bus crash at Hong Kong airport must be found: John Lee

City leader says autonomous transport systems are a global trend and authorities will work hard to ensure they are safe for use in Hong Kong.

Posted on 24/06/2025

From lunches on the go to gourmet chocolates, InvestHK powers F&B success in Hong Kong

With a 25-year record, InvestHK enables global brands such as Pret A Manger and La Maison du Chocolat to scale, localise and lead in Asia.

Posted on 24/06/2025

Hong Kong stocks jump by most in 2 weeks on Iran-Israel truce as oil slides

Futures on WTI oil tumbled more than 3 per cent to US$66.21 a barrel in Asian trading hours, tempering concerns about inflation.

Posted on 24/06/2025

CBP seizes $25M in counterfeit jewelry from China, Hong Kong

Officers seized more than $25 million worth of counterfeit jewelry in Kentucky last week, before the thousands of pieces could be sold to unsuspecting buyers, U.S. Customs and Border Protection ...

Posted on 24/06/2025

Sompo announces leadership changes for its Hong Kong Commercial P&C Insurance business

Sompo, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced leadership changes to its Commercial P&C Insurance ...

Posted on 24/06/2025

Cardinal Zen’s Bold Latin Mass Statement Sends Multiple Messages to Hong Kong

Marking Corpus Christi Sunday, Cardinal Zen, 93, retired bishop of Hong Kong, posted a photo of himself holding a monstrance with a Eucharistic Host in it under an umbrella, along with a ...

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