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Month: June 2025

Posted on 08/06/2025

{I-bank focus}HSBC raises BOC Hong Kong (02388) to HKD38.1

ET Net News Agency, 29 May 2025] HSBC Global Research raised the target price for BOC Hong Kong (02388) to HKD38.1 from HKD36.1 and maintained the "buy" rating. The research hous ...

Posted on 08/06/2025

30 Sanctioned in One Blow! U.S. Cracks Down on Iran’s UAE-Hongkong Shadow Banking Network

The United States has launched a new wave of sanctions targeting a secret financial network that helps Iran move billions of dollars around the world. This system, often called a “shadow banking” ...

Posted on 07/06/2025

China to explore selling seized crypto on Hong Kong exchanges

China has announced plans to sell seized digital assets through licensed exchanges in Hong Kong. The initiative is in collaboration with the China Beijing Equity Exchange (CBEX) to manage digital ...

Posted on 07/06/2025

Hong Kong’s mediation centre could help solve territorial, sovereignty disputes

There is nothing that cannot be discussed’ if countries in conflict are willing to bring up issues for mediation, justice minister says.

Posted on 07/06/2025

Hong Kong Looks for Ways to Win Back Big-Spending Tourists

A city with an image dented by protests, pandemic restrictions and a security crackdown hopes to broaden its appeal beyond budget-minded visitors from mainland China.

Posted on 07/06/2025

Nagamoto Brings Japanese Zen to Hong Kong Michelin Cluster

In a city that revels in the ostentatious as much as Hong Kong, On Lan Street in Central stands out. Just steps away from the cacophony of Queen’s Road, this quiet cul-de-sac is anything but a ...

Posted on 07/06/2025

Why Hong Kong is China’s undisputed hub for global finance, at Shanghai’s expense

Despite calling the two cities twin engines for finance, Beijing’s actions favour Hong Kong as China’s one true global funding hub.

Posted on 07/06/2025

US hits Hong Kong and UAE firms with new round of Iran-related sanctions

Announcement comes after Trump-Xi phone call and amid Washington's efforts to make headway on a nuclear deal with Tehran The United States unveiled another round of sanctions targeting 10 individuals ...

Posted on 07/06/2025

Hong Kong approves land grants to beleaguered Urban Renewal Authority in rare move

Statutory body handed Hung Hom and Tseung Kwan O sites to support redevelopment projects, with a condition to review its financing model.

Posted on 07/06/2025

Candidate emerges as HSBC hunts for new chairman

City sources said that Scottish-born Kevin Sneader has been approached about taking Tucker's job when he leaves in September.

Posted on 07/06/2025

Local investor eyes acquisition of Singapore private club 1880 amid Hong Kong branch collapse

[SINGAPORE] A local investor is looking into the potential acquisition of Singapore private club 1880, following the sudden closure of its Hong Kong branch last Friday (Jun 6) – just seven months ...

Posted on 07/06/2025

Hong Kong bankers anxious as New World Development seeks $11.2 billion refinancing

Financial circles in Hong Kong are experiencing heightened tension as New World Development Co. races against time to secure a HK$87.5 billion ($11.2 billion) refinancing package before the end of the ...

Posted on 07/06/2025

Hong Kong startup targets lithium battery waste with AI-powered recycling system

Lithium battery waste is piling up, and a Hong Kong-based startup is showing the world how to clean it up smartly. Achelous Pure Metals has developed a portable, eco-friendly recycling system designed ...

Posted on 07/06/2025

Fintech start-up Syfe sinks teeth deeper into Hong Kong after US$80 million funding

Singapore-based Syfe’s expansion plans reflect the city’s position as the largest hedge fund and cross-border wealth management hub in Asia.

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