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Month: June 2025

Posted on 19/06/2025

Hong Kong Turns to Influencers Like Jimmy O. Yang to Wage PR Battle

In this week’s Hong Kong Edition, we explore how the government is enticing influencers to spread good publicity about the city, look at why Goldman Sachs is so downbeat on China’s property market, ...

Posted on 19/06/2025

Uber Warns Hong Kong Drivers and Riders of Possible New Curbs

Uber Technologies Inc. is emailing Hong Kong users to raise concerns about rules the city is formulating, warning the government could cap the number of drivers or vehicles allowed on the platform.

Posted on 19/06/2025

Hong Kong’s Basel Moment For Stablecoins: What The New Licensing Bill Really Means

Hong Kong’s Legislative Council passed the territory’s first Stablecoins Bill —an ordinance that drapes bank-style capital, liquidity, and disclosure obligations over any issuer of a fiat-referenced ...

Posted on 19/06/2025

Alibaba-Backed ‘AI Dragon’ MiniMax Plans Hong Kong IPO

MiniMax is considering an initial public offering in Hong Kong, people familiar with the situation said, in what would be a landmark industry debut for a Chinese AI startup valued at about $3 billion.

Posted on 19/06/2025

Hong Kong Dollar’s Volatility Fuels Talk on How FX Peg May Shift

A fresh debate about the sustainability of Hong Kong’s decades-long currency peg has analysts ruminating on what might eventually replace it.

Posted on 19/06/2025

Invented in Hong Kong, EXOTICA UMAMI [EX M], a new and natural flavour enhancer gets stamp of approval from professional chefs

Invented in Hong Kong, EXOTICA UMAMI [EX M], a new and natural flavour enhancer gets stamp of approval from professional chefs ...

Posted on 19/06/2025

Hong Kong interest rates fall despite currency’s US dollar peg

The peg system lets the Hong Kong dollar fluctuate between 7.75 and 7.85 per U.S. dollar. When the upper or lower limit is reached, the Hong Kong Monetary Authority (HKMA), the central bank, ...

Posted on 19/06/2025

Cathay Pacific expands nonstop flights between DFW and Hong Kong

Cathay Pacific is adding more nonstop flights between Hong Kong and DFW this October. The airline currently flies nonstop between Hong Kong International and Dallas-Fort Worth four times a week, but ...

Posted on 19/06/2025

Court suspends work ban on Hong Kong contractor linked to 5 site deaths

Aggressive Construction Company will remain on government’s registered list of contractors temporarily pending a hearing on its appeal.

Posted on 18/06/2025

Hang Seng Bank: Rate Decline Has Both Positive And Negative Implications

Explore why Hang Seng Bank Limited's risk-reward remains balanced amidst rate changes. Learn about NII, asset quality, and diversification prospects.

Posted on 18/06/2025

Hong Kong could serve as stablecoin test bed amid China’s effort to raise yuan’s profile

Hong Kong’s stablecoins can serve as a testing ground for the mainland, providing both experience and lessons, HashKey Group CEO says.

Posted on 18/06/2025

HSBC names Asia veteran Christopher Chua global M&A head

Europe's biggest bank HSBC appointed Christopher Chua head of mergers and acquisitions on Wednesday, after its former global head left for JPMorgan last month.Chua, who was most recently the bank's ...

Posted on 18/06/2025

LME’s new Hong Kong warehouses attract strong interest for metal deliveries, LME CEO says

The London Metal Exchange's new warehouses in Hong Kong are seeing strong interest for metal deliveries before they go live next month, partly due to the current tightness in the copper market, the ...

Posted on 18/06/2025

Alibaba-backed MiniMax mulls Hong Kong IPO – report

Chinese AI startup MiniMax is considering an IPO in Hong Kong, Bloomberg News reported. MiniMax, one of China’s so-called 'new AI tigers or dragons which is valued at about $3B, could aim to list as ...

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