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Month: July 2025

Posted on 24/07/2025

Hong Kong stocks hold at 3-year high on hope of US-EU trade agreement

What began as tariff-fuelled despair back in April is fast becoming a full-blown risk rally,’ SPI Asset Management analyst says.

Posted on 24/07/2025

Hong Kong relaxes decade-old lending curbs, granting more mortgages to …

Hong Kong's monetary authority has relaxed the city's decade-old lending curbs, granting more mortgage borrowing to homebuyers, rental property and offices, after high interest rates turned the ...

Posted on 24/07/2025

Hong Kong Policy Address Features Cuts to Mortgage … – MarketWatch

There were few surprises in Hong Kong Chief Executive John Lee's annual policy address this year, as the leader continued emphasizing the need to strengthen the economy and improve people's ...

Posted on 24/07/2025

Hong Kong’s December mortgages shrink 21.1% as high rates drive …

Mortgages shrank by 21.1 per cent last month to 6,306 from November, the first monthly drop since September, which saw 15.9 per cent lower demand, according to a statement by the Hong Kong ...

Posted on 24/07/2025

HSBC spinoff: Bank’s top execs face tense shareholders in Hong Kong …

HSBC’s top brass defended their strategy Monday to frustrated shareholders in the lender’s largest market, as Europe’s biggest bank continued to face calls to be split up.

Posted on 24/07/2025

Hong Kong to criminalize unlicensed stablecoin promotions from Aug. 1

Hong Kong’s new stablecoin law takes effect Aug. 1, introducing fines and jail time for promoting or offering unlicensed fiat-referenced stablecoins to retail investors.

Posted on 24/07/2025

Hong Kong stocks hold at 3-year high on hope of trade agreement between US and EU

Stocks take cues from gains in US and Asian equities after reports that the European Union would accept a 15 per cent tariff.

Posted on 24/07/2025

Hong Kong Court Orders Nulling Laws on Sex-Segregated Toilets

A Hong Kong court has ordered the striking down of regulations banning individuals from using public toilets designated for the opposite sex, in a ruling expected to improve treatment of transgender people.

Posted on 24/07/2025

Chocolate Finance secures US$15m Series A+ funding, eyes expansion to HK

Singapore-based financial company Chocolate Finance has closed a US$15 million Series A+ funding round and is looking to expand to Hong Kong.

Posted on 24/07/2025

Hong Kong Declares Unlicensed Stablecoin Promotions a Crime

Hong Kong will ban public marketing of unlicensed stablecoins as it tightens oversight to curb hype and protect retail investors.

Posted on 24/07/2025

HKTDC to create boundless business opportunities with four major trade fairs in October 2025

The Hong Kong Trade Development Council (HKTDC), in collaboration with the Hong Kong Science and Technology Parks Corporation (HKSTP), is proud to present the Hong Kong Tech Pavilions at two major ...

Posted on 24/07/2025

23 kindergartens in Hong Kong plan to close by end of school year

Figure, the latest as of June, represents about 28 per cent rise from first 10 months of 2023-24 academic year.

Posted on 24/07/2025

JPMorgan, BofA CEOs Subpoenaed Over Chinese Battery Giant CATL’s Hong Kong IPO: ‘Should Not Be Helping Beijing Bankroll Abuse’

U.S. lawmakers issued subpoenas on Wednesday to the chief executives of JPMorgan & Chase (JPM) and Bank of America (BAC) for their roles in the initial public offering of Chinese battery maker ...

Posted on 24/07/2025

Lawmakers Subpoena JPMorgan and BofA Over IPO of Chinese Battery Startup

A House committee focused on national security had previously urged banks to stop work on CATL’s initial public offering.

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