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Month: July 2025

Posted on 30/07/2025

HongShan-Backed Hong Kong Fintech Startup Raises $40 Million To Advance Stablecoin Plan

RD Technologies’ Series A2 round comes as the startup plans to apply for a stablecoin issuer license in Hong Kong.

Posted on 30/07/2025

Nvidia’s printed circuit board vendor Victory Giant plans to raise funds in Hong Kong IPO

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Posted on 30/07/2025

Reliance Jio IPO: RIL Reportedly Plans $6 Billion Offering With 5% Float

Jio's 5% float at current valuations would surpass the $5.3 billion Hong Kong listing of Contemporary Amperex Technology, the world’s largest IPO so far in 2025.

Posted on 30/07/2025

HSBC, Hang Seng credit losses deepen on Hong Kong property woes

HONG KONG -- Bad loans are ballooning at Hong Kong-listed HSBC Holdings and its majority-owned Hang Seng Bank as the financial hub's commercial real estate slump weighs on the banking sector.

Posted on 30/07/2025

Hang Seng Bank Shares Sink After Jump in Property Impairments

Hang Seng Bank Ltd., a Hong Kong lender controlled by HSBC Holdings Plc, posted a jump in impairments in the first half, as the city’s commercial property downturn continues to inflict pain on its ...

Posted on 30/07/2025

Hong Kong set for economic breakthroughs, Paul Chan tells foreign investors

Hong Kong will achieve new economic breakthroughs despite “complicated and volatile” external environment, the finance chief has said while unveiling the government’s first business report in four ...

Posted on 30/07/2025

Hong Kong weighs solutions for 2 hurdles to harbourfront accessibility plan

Plans to improve access to East Kowloon harbourfront could be disrupted by gas facility in To Kwa Wan, Green Island Cement Pier in Hung Hom.

Posted on 30/07/2025

HSBC first-half profit slumps 26% as China losses mount

Bank announced a new share buyback worth up to US$3 billion, on top of a US$3 billion programme announced earlier in 2025. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 30/07/2025

How a Chinese Brand Reshaped Hong Kong’s Food Delivery Scene

Meituan, the Chinese food delivery giant, tested its global expansion in Hong Kong, where its Keeta service displaced a rival before moving to other markets.

Posted on 30/07/2025

HSBC Bulls Retreat on Property, Rate Jitters Before Earnings

Wall Street bulls are turning cautious on HSBC Holdings Plc. before its results, as Hong Kong’s deepening property downturn added to their angst over geopolitical and economic risks.

Posted on 30/07/2025

Hong Kong stocks trade lower on disappointment over China-US trade negotiations

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Posted on 30/07/2025

Stablecoins inspire hope, and hype, in Hong Kong

Stablecoin excitement has gripped Hong Kong as the city prepares to launch a licensing system for the less volatile type of cryptocurrency, but authorities warn against overplaying its future role in ...

Posted on 30/07/2025

Hong Kong’s baby boomers flock to Greater Bay Area to afford retirement housing

A survey sponsored by BOC Life says 24 per cent of Hongkongers are willing to retire outside the city versus less than 5 per cent 10 years ago.

Posted on 30/07/2025

Asia Morning Briefing: SEC’s In-Kind BTC, ETH ETF Redemption Shift Happened Years Ago in Hong Kong

While the SEC never explicitly banned in-kind redemptions, ETF sponsors were required to remove them from early filings. The Commission favored a cash-only approach as a cautious first step, citing ...

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