Aiming to grow sales to US$300 million in 2027, the company is eyeing a Nasdaq IPO and then a Hong Kong secondary listing.
HSBC to take ownership of Hang Seng Bank in $37bn buyout
HSBC Holdings plc has announced plans to privatise its Hong Kong-listed subsidiary Hang Seng Bank in a deal worth about HK$290 billion (about $37 billion) — a move the group says will simplify its ...
China’s Sany Heavy starts gauging investor interest for Hong Kong stock offering
China’s Sany Heavy Industry is starting to gauge investor interest in its Hong Kong listing, according to the deal’s terms seen by Bloomberg News, inching closer to what would be among the city’s ...
Man arrested in Hong Kong airport in HK$1.7 million drug bust
Hong Kong customs officers have arrested a man at the airport on suspicion of carrying about HK$1.7 million (US$218,410) worth of cannabis buds in his luggage. The Customs and Excise Department said ...
Li Auto CEO tops Hong Kong’s highest-paid directors list for 2024: Webb-site
CEO Li Xiang’s US$87.4 million remuneration package Hong Kong’s highest, according to finance activist league table.
Hong Kong down 1.7%, Singapore’s STI falls 1% amid Asia-Pacific market drop on fresh US-China tensions
Singapore’s Straits Times Index : ES3 -1.05% fell around 1 per cent as at 9:48 am, while Hong Kong’s Hang Seng Index slumped 2.4 per cent at the open. In mainland China, the Shanghai Stock Exchange ...
2025 National Games: politics of performance leaves Hong Kong in danger of triathlon failure
Head coach Andrew Wright says city is leaving talent untapped by not following mainland China’s lead in how to develop athletes.
Cathay Pacific’s cargo hub at Hong Kong International Airport is a telling insight into the state of the global economy
If you want to take a real-time sample of the global economy in action at any one moment, then the Hub at Hong Kong International Airport (HKG) is a particularly fascinating node. HKG is the world’s ...
Hong Kong and China launch blockchain pilot for cross-border credit verification
Hong Kong and China have announced a collaboration to test blockchain links for credit verification. According to reports, the Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) ...
Hong Kong ready to play in esports arena, executive of video-gaming gear company says
City could host ‘mega-event’ for competitive video gaming in the next few years, Asia-Pacific head of Danish gear maker SteelSeries says.
Waterspout spotted off Hong Kong’s Lamma Island
A waterspout has been spotted off Hong Kong’s Lamma Island, with thunderstorms hitting the city. The Observatory said the waterspout, known as a water tornado in Chinese, was seen by residents in the ...
Hong Kong’s Paul Chan to attend IMF, World Bank meetings in Washington
Finance chief to attend as part of China’s delegation and will join other events to promote city, while also addressing ‘topics of concern’.
Hong Kong teen who feeds city’s ‘cardboard grannies’ goes viral on Instagram
Belle’ videos herself handing out free meals to Hong Kong’s underprivileged elderly, largely targeting women who collect cardboard.
Spirit of Hong Kong Awards: researcher-entrepreneur tackles rare brain diseases
Edwin Chan, founder of biotech start-up Rare Power, says science should never exist in vacuum but ‘respond to human suffering’.