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Month: August 2025

Posted on 01/08/2025

Retiring OCBC CEO to spend more time with family in Hong Kong, but will not leave Singapore completely

Current group CEO Helen Wong said the bank had identified potential candidates internally, while doing a “comprehensive global search”, before deciding on Mr Tan Teck Long, its current head of global ...

Posted on 01/08/2025

‘Space oil’ drug renamed as ‘etomidate’ by Hong Kong government

In early July, the Hong Kong government announced their plans to rename the ‘space oil’ drug as its current street name makes it sound too appealing. The authorities have now decided to officially ...

Posted on 01/08/2025

Air-Conditioner Maker Aux Electric Is Said to Target Hong Kong IPO in September

Aux Electric Co., one of China’s top makers of air conditioners, is targeting to go public in Hong Kong as early as September in a listing that could raise $600 million to $800 million, according to ...

Posted on 01/08/2025

Fintech firms rush to raise equity in Hong Kong to tap crypto frenzy

By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) -Fintech companies are rushing to raise equity in Hong Kong to fund expansions in cryptocurrencies, capitalising on investor fervour as the ...

Posted on 01/08/2025

Star Entertainment Group facing $41m payment to Hong Kong investors as sale of Brisbane Queen’s Wharf precinct collapses

Star Entertainment Group faces a raft of hefty costs after a deal to sell its share of its Brisbane casino and consolidate its Queensland operations to its Gold Coast blew up.

Posted on 01/08/2025

HKMA’s strict stablecoin regime to shape Hong Kong’s crypto future

Observers surprised after the city’s de-facto central bank says it plans to issue the first batch of licences early next year.

Posted on 01/08/2025

Quake rumour fades as Hong Kong investor keeps buying Japanese hotels

Weak yen, new rail links and landlord-friendly rules convince veteran deal maker Roy Yip that Japan’s bricks still beat the whispers ...

Posted on 01/08/2025

Hong Kong Q2 GDP expands 3.1%, faster than forecast

Hong Kong's economy grew a faster-than-expected 3.1 per cent year-on-year in the second quarter, official advance estimates showed on Thursday, expanding for a tenth quarter.That was a faster rate ...

Posted on 01/08/2025

Hang Seng Bank’s profits down 30% to HK$6.88b in H1 2025

Fees and other income rose 34% during the period. Hang Seng Bank’s profit attributable to shareholders fell 30% to $876.45m (HK$6.88b) in the first six months of 2025. Operating profit is down 25% to ...

Posted on 01/08/2025

Hong Kong’s struggling office market drags down HSBC’s earnings

In its latest earnings report, HSBC chalked up a less-than-stellar performance in Q2 to a struggling Hong Kong office market.

Posted on 01/08/2025

Hong Kong set to issue first batch of stablecoin licences early next year

Hong Kong, which is positioning itself as a crypto-friendly hub, is establishing a licensing regime for stablecoins referenced to the Hong Kong dollar. A new guideline issued this week lays out ...

Posted on 01/08/2025

2Stumbling Transsion Reportedly Weighing A Dual Listing In Hong Kong – But Is…

Like CATL, Transsion was a strong growth story at the time of its Shanghai listing in 2019, banking on its domination of an African market neglected by many of its peers. The company's stock is ...

Posted on 01/08/2025

Here’s why the HSBC share price crashed in Hong Kong after earnings

The HSBC share price plummeted in Hong Kong after the company reported weaker-than-expected results and announced a $3 billion share buyback.

Posted on 01/08/2025

Soccer-North London derby makes historic Hong Kong debut as 50,000 live the dream

Arsenal and Tottenham Hotspur delivered a slice of football history on Thursday by staging the first North London derby outside the United Kingdom as nearly 50,000 fans packed Hong Kong's Kai Tak ...

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Recent Posts

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  • Hong Kong’s June lived-in home prices rise to 5-month high as buyers return to market 02/08/2025
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  • Purr-fect day for Hong Kong pet owners as cat expo opens 02/08/2025
  • Hong Kong eases listing rules to boost red-hot IPO market 01/08/2025
  • Hong Kong raises $1.5 billion in July as new stablecoin rules take effect 01/08/2025
  • Hong Kong court freezes US$1.8 billion HSBC account as Wahaha inheritance battle unfolds 01/08/2025

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