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Month: July 2025

Posted on 02/07/2025

Retail services has been a key sector for Hong Kong IPOs since 2024

Consumer and retail services made up a substantial share of IPOs in the last 18 months as innovative mainland companies eye international expansion.

Posted on 02/07/2025

Transcript: Hong Kong’s bull run leaves China in the dust

The UK government got its welfare bill over the line, but only after huge concessions. And Hong Kong’s stock market is leaving mainland China’s in the dust. Meanwhile, China has a chokehold on the ...

Posted on 02/07/2025

Hong Kong steps up defence of currency’s US dollar peg as fixed range tested again

Wild swings have intensified debate about the sustainability of the currency’s peg. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/07/2025

Hong Kong’s de facto central bank steps in as currency hits weak end of trading band

Hong Kong’s de facto central bank said on Wednesday it sold US$2.25 billion (RM9.5 billion) against the Hong Kong dollar after it hit the weak end of ...

Posted on 02/07/2025

Hong Kong stocks rise on mainland fund purchases, Beijing growth pledge

Southbound net purchases in the first half amounted to 90 per cent of last year’s record inflows, according to stock exchange data.

Posted on 02/07/2025

Hong Kong banks can leverage AI and trade changes for growth amid global challenges: KPMG

Hong Kong banks’ total assets rose 4.5 per cent year on year to US$3.1 trillion in 2024, while operating profit was up 7.8 per cent.

Posted on 02/07/2025

Hong Kong steps up defence of FX peg as fixed range tested again

MELBOURNE] Hong Kong’s de-facto central bank ramped up purchases of the city’s currency as it sought to defend a peg that has been strained by volatility in the greenback. Read more at The Business ...

Posted on 02/07/2025

Hong Kong’s all-male boardrooms are all but gone as most companies embrace diversity

More than 800 women have been added as directors since 2022, when 40 per cent of boards were male only, according to HKEX Hong Kong's bourse operator has declared victory in its quest to eliminate all ...

Posted on 02/07/2025

What’s the Hong Kong Dollar Peg and Why Is It Causing Such a Stir?

Pegged to the US dollar since 1983, the Hong Kong dollar is usually a dull currency. Except when it’s not, like this year. The city’s currency has recently experienced wild swings, caused by ...

Posted on 02/07/2025

From free rides and museum visits to cheap meals, Hong Kong laps up July 1 deals

Residents and visitors alike soak up free attractions and ferry rides, as well as discounted meals to celebrate 28th handover anniversary.

Posted on 02/07/2025

Travel Food Services’ Rs 2,000-crore IPO to open on July 7, price band at Rs 1,045-1,100 per share

The Travel Food Services IPO is an entirely offer-for-sale (OFS) by the promoter, Kapur Family Trust, with no fresh issue component.

Posted on 02/07/2025

Winner Spotlight 2025: Bank of China (Hong Kong)

Bank of China (Hong Kong) (BOCHK) displayed remarkable performance in custody services in 2024 in its local market. Over the 12-month period, it increased its assets under custody (AUC) by 40% year-on ...

Posted on 02/07/2025

Hong Kong IPO market surges in H1, funds raised up 688%, with 220 firms in queue

In the first half of 2025, the Hong Kong IPO market boomed, according to data from Wind. A total of 43 IPO projects were completed, up 13 projects year-on-year, the paper.cn reported. The total funds ...

Posted on 02/07/2025

Emperor’s US$2 billion debt woes reflect Hong Kong’s worsening property market risks

Emperor International struggles with US$2.1 billion debt, as JPMorgan notes deteriorating risk profile among small, medium-sized developers.

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