A repo is a short-term borrowing transaction to sell securities and repurchase them later at a slightly higher price.
AI Boom Sparks Optimism in Chinese Markets
Chinese and Hong Kong stocks surged as AI startup DeepSeek fueled optimism. The Shanghai Composite and Hang Seng indexes rose, driven by strong performances in tech shares. Partnerships with telecom ...
China bubble tea maker Guming raises $232 million in IPO, term sheet shows
By Scott Murdoch SYDNEY (Reuters) -Chinese bubble tea firm Guming has raised $232 million in a Hong Kong initial public offering after setting the price of its shares at the top of an indicated range, ...
Hong Kong’s Cathay calls for tapping transit passengers to create tourism dollars
Management has suggested authorities roll out targeted measures to cash in on transit passengers to cater to airport's expansion Hong Kong's flag carrier Cathay Pacific Airways has suggested the ...
Hong Kong gets swept up in Trump’s trade war
Donald Trump’s new trade war is further blurring the lines between Hong Kong and Beijing, threatening to erode the city’s main selling point as a global financial hub.
Here’s What HSBC’s Investing Changes Mean for Your Portfolio
HSBC recently made a major announcement that will impact account holders and investors. The company is winding down some of its equities businesses in Europe and the Americas. The bank is ...
Why many Hong Kong youth feel like failures – and how to build resilience instead
According to a recent survey conducted by the Hong Kong Christian Service, 48.3 per cent of participants – aged 12 to 24 – rated themselves at least a six out of 10 on a failure index. Many of them ...
Hong Kong legislator urges expansion of virtual asset derivatives and futures markets
Li Weihong wants the Hong Kong government to accelerate license approvals for virtual asset platforms and allow the Futures Exchange to have 23-hour trading.
Hong Kong to ban vaping in public by mid-2026
Hong Kong will ban the possession and use of e-cigarette cartridges in public by mid-2026, the city's top health official said on Sunday as the government pushed ahead with its anti-tobacco agenda.
Hong Kong cyclists benefit from ‘classroom’ time to beat China for Asian relay medal
Herve Dagorne said Hong Kong’s cyclists had benefited from “going back to school” over their winter Australian camp, after they claimed team time trial mixed relay bronze at the Asian Road Championships in Thailand.
Hong Kong Children’s Hospital suspends ENT department, affecting 500 patients
Hospital Authority confirms temporary closure due to manpower crunch, with patients referred to other public health facilities ...
Hong Kong’s Chow Yun-fat revels in half-marathon, finishes in under 2½ hours
Dim sum on the menu as post-race treat, film star says, as he praises ‘perfect’ weather for Standard Chartered Hong Kong Marathon.
Standard Chartered blocks Hong Kong exiles from accessing pensions
The bank has frozen £20 million of savings of British National (Overseas) passport holders who fled repressive national security laws.
Hong Kong to open in-town check-in for Qantas Airways passengers
Travellers flying Australia’s Qantas Airways can check in for their flights and drop off their luggage at Hong Kong’s in-town counters starting next week, taking the number of airlines offering the service to three.