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Month: June 2025

Posted on 25/06/2025

WuXi AppTec-Backed MegaRobo Is Said to Plan Hong Kong IPO

MegaRobo Technologies Co. is planning a Hong Kong initial public offering as soon as this year, according to people familiar with the matter, amid a jump in stocks from the biotechnology sector.

Posted on 25/06/2025

{Hot Stocks}HSBC HOLDINGS(00005) quoted at HK$94.6, up 0.5%

[ET Net News Agency, 25 June 2025] HSBC HOLDINGS (00005) rose 0.5% to HK$94.6. It hits an intra-day high of HK$94.65, hitting a historical high, and an intra-day low of HK$94.45. The total shares ...

Posted on 25/06/2025

Hong Kong Soars to World’s Third Most Competitive Economy in 2025

Hong Kong ranks 3rd in global competitiveness in 2025, excelling in government and business efficiency. Discover its economic strengths and investment appeal.

Posted on 25/06/2025

Ping An builds HK$180 billion stake in China banks on dividend bet

HONG KONG] Ping An Insurance Group, as well as other Chinese insurers, have ramped up investments in the nation’s biggest banks on a bet that the dividend yields will outweigh headwinds of narrower ...

Posted on 25/06/2025

Hong Kong bakery Taipan closes after 41 years owing HK$16 million in wages

Labour Department says it has helped about 120 employees register claims, primarily involving outstanding wages and severance payments.

Posted on 25/06/2025

China’s Anjoy Foods plans to raise up to $336.3 million in Hong Kong listing

China's Anjoy Foods Group aims to raise up to HK$2.64 billion ($336.31 million) from its Hong Kong listing, a regulatory filing showed on Wednesday. The frozen food maker will offer about 40 million H ...

Posted on 25/06/2025

Hong Kong investors hit jackpot as IPO boom delivers returns above 30%

Few asset classes globally match Hong Kong IPOs this year, as institutional and individual investors rush in hoping for eye-popping gains A blistering recovery in Hong Kong's initial public offering ...

Posted on 25/06/2025

How Hong Kong’s IPO reforms are aiming to boost market stability and attract global investors

Reforms are being introduced to sustain the surge in public offerings that has made the city among the world’s leading IPO venues in the last 6 months.

Posted on 25/06/2025

BOC Hong Kong Stock Price History – Investing.com

Access BOC Hong Kong stock price history with daily data, historical prices, all-time highs, and stock chart history. Download and analyze trends easily.

Posted on 25/06/2025

McKinsey Cuts Hundreds From China Workforce – MSN

Over the past two years, McKinsey’s workforce in Greater China, which includes Hong Kong and Taiwan, has shrunk by hundreds of employees, people familiar with the matter said.

Posted on 25/06/2025

Use Burner Phones in Hong Kong, 2 Accounting Giants Tell Workers: Report – Business Insider

KPMG and Deloitte advised workers to use burner phones in Hong Kong, The Financial Times reported. McKinsey consultants were also reportedly told to not use their personal phones in the region.

Posted on 25/06/2025

US consulate condemns Hong Kong’s govt Independence Day celebrations repression

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 25/06/2025

Hang Seng Bank, Hong Kong’s Fourth Largest, Is a Listed Subsidiary of HSBC – Morningstar

Hang Seng Bank has a 7% share of deposits in Hong Kong as of the end of 2023, ranking fourth in the market after HSBC with 33%, Bank of China (Hong Kong) with 16%, and Standard Chartered with 12%.

Posted on 24/06/2025

Hong Kong family office VMS Group makes first foray into cryptocurrency

With about US$4 billion in assets under management, VMS plans to allocate up to US$10 million to strategies run by hedge fund Re7 Capital.

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