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Month: October 2025

Posted on 10/10/2025

Crypto Platform HashKey Plans Hong Kong IPO This Year: Report

HashKey Group is aiming to raise as much as $500 million in a Hong Kong IPO as soon as this year, sources told Bloomberg.

Posted on 10/10/2025

HSBC offers $13.6bn for 100% control of Hong Kong lender Hang Seng

HSBC took control of Hang Seng during a banking crisis in 1965 and owns about 63 per cent. It ranks among the global bank’s most significant acquisitions alongside the UK’s Midland Bank in 1992. Hang ...

Posted on 10/10/2025

22 Hong Kong Startups Land in Dubai for GITEX 2025 – Here’s Who to Watch

HKTDC and HKSTP will host two Hong Kong Tech Pavilions at GITEX Global 2025 and Expand North Star in Dubai, featuring 22 AI, IoT and greentech exhibitors, 12 pitching sessions and a networking dinner.

Posted on 10/10/2025

-U.S. consulate in Hong Kong sells property for $331 mln

The United States consulate in Hong Kong has sold a property used as staff accommodation for HK$2.57 billion ($331 million) via a public tender, a price analysts said was in the low range of estimates ...

Posted on 10/10/2025

From prosperity to debt: How New World Development, led by Hong Kong’s billionaire Cheng family, became warning tale of succession

New World Development, built by the Chengs – one of Hong Kong’s “big four” property dynasties, is now struggling with debt after years under a third-generation heir’s leadership, highlighting the ...

Posted on 10/10/2025

Hong Kong Expands e-CNY Use, Plans Higher Wallet Limits

Hong Kong expands e-CNY use, adding more merchants and exploring higher wallet limits to boost cross-border payments.

Posted on 10/10/2025

-ByteDance rival Kuaishou aims to raise up to $5 bln in HK IPO -sources

Chinese online short video start-up Kuaishou aims to raise up to $5 billion in a Hong Kong initial public offering (IPO) as early as January, people with direct knowledge of the matter said, gearing ...

Posted on 10/10/2025

NBA Games Return to China Six Years After Hong Kong Fallout

The NBA is preparing for its return to China with preseason games in gambling hub Macau, six years after a fallout over the protests in Hong Kong put the relationship on ice.

Posted on 10/10/2025

Ant Group plans to raise more funds in Shanghai than HK in giant IPO -sources

China's Ant Group plans to raise more funds on Shanghai's Nasdaq-style market than in Hong Kong as part of its up to $30 billion dual listing, people with direct knowledge of the matter said, in a ...

Posted on 10/10/2025

HSBC’s top boss bets US$14 billion on Hong Kong in push for growth

For a bank that has spent much of the last decade shying away from major deals, Elhedery’s approach marks a sea change from his predecessors Read more at The Business Times.

Posted on 10/10/2025

NBA returns to China after 6-year rift triggered by Hong Kong protests

Basketball league restarts pre-season games in bid to revive business in its most important international market ...

Posted on 10/10/2025

Wall Street Bank Citi Flags OSL as Top Bet in Hong Kong’s Crypto Sector

The bank's analysts started coverage of crypto exchange OSL with a buy/high risk rating and a HK$21.80 price objective ...

Posted on 10/10/2025

Hithium likely to continue Hong Kong IPO process after initial application

Xiamen Hithium Energy Storage Technology Co. Ltd. is likely to restart its Hong Kong IPO process in the next three months, after its application filed earlier this year expired, as it seeks funds for ...

Posted on 10/10/2025

Hong Kong Science Park aims to double number of start-ups in incubation scheme

Hong Kong Science and Technology Park launches upgraded life and health tech-focused incubation programme Incu-Bio.

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  • HSBC to take ownership of Hang Seng Bank in $37bn buyout 13/10/2025
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