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Posted on 04/07/2025

HSBC offers Hong Kong SMEs a helping hand amid tariff turmoil

When Hong Kong banks came together to offer flexible loans to SMEs in April, HKMC Insurance, a unit of the government-owned Hong Kong Mortgage Corporation began working with banks to process loan ...

Posted on 04/07/2025

Hong Kong’s light fades as another pro-democracy party folds

The demise of one of Hong Kong's last major pro-democracy parties, the League of Social Democrats, is the latest blow to the city's crumbling democratic credentials.

Posted on 04/07/2025

Tickets for G.E.M.’s 3 concerts in Hong Kong mostly snapped up within 30 minutes

Birthday of ‘China’s Taylor Swift’ coincides with August 16 performance, cheapest seats for that and the one after sold out in three minutes.

Posted on 04/07/2025

HKMA defends Hong Kong currency as higher US rates threaten trading band

Market interventions to soak up HK$29.6 billion from the banking system on July 7, increasing the pressure on local borrowing costs.

Posted on 04/07/2025

Hong Kong moves to defend FX peg for third time in a week

HONG KONG] Hong Kong authorities intervened for the third time in a week to support the currency, which dropped towards the weak end of its official trading band as the city’s interest rates touched a ...

Posted on 04/07/2025

AllScale Raises $1.5M to Empower Small Businesses with Accessible, Compliant Stablecoin Solutions

AllScale, a financial technology startup building stablecoin solutions for small and medium-sized businesses (SMBs), has announced the closing of a $1.5 million funding round to accelerate the ...

Posted on 04/07/2025

Chinese aircraft carrier and naval fleet in Hong Kong for five-day visit

China’s first domestically-built aircraft carrier, the Shandong, and its three escort vessels are visiting Hong Kong from July 3 to 7, offering public tours for the first time to the city’s residents.

Posted on 04/07/2025

New Sales and Investors Revive Hong Kong s Residential Property Market

HONG KONG SAR - Media OutReach Newswire - 3 July 2025 - Global real estate services firm Cushman & Wakefield today held its Hong Kong Property Markets 1H 2025 Review and 2H Outlook press conference.

Posted on 04/07/2025

Hong Kong’s bull market in stocks fills coffers, plugs hole left by property woes

Duties from transactions and transfers rose to HK$29.69 billion (US$3.78 billion) in the first five months of 2025, according to calculations by the Post.

Posted on 04/07/2025

Hong Kong’s de facto central bank intervenes to defend currency peg

HONG KONG] Hong Kong’s de-facto central bank said it intervened twice on Friday and sold US$3.78 billion against the Hong Kong dollar after the local currency hit the weak end of its trading band.

Posted on 04/07/2025

Hong Kong’s bull market fills fiscal coffers, plugs hole left by ailing real estate market

Duties from transactions and transfers rose to HK$29.69 billion (US$3.78 billion) in the first five months of 2025, according to calculations by the Post.

Posted on 04/07/2025

Sumitomo Mitsui Trust Said to Shut Hong Kong Branch by June 2026

Sumitomo Mitsui Trust Bank Ltd. plans to close the lender’s Hong Kong branch by June 2026 and move most of its client operations to the Singapore office, according to people familiar with the matter.

Posted on 04/07/2025

Hong Kong stocks slide as traders shun risks before July 9 deadline on US tariff deals

The Trump administration has warned of high unilateral tariff rates as Japan, South Korea and the EU scrambled to negotiate.

Posted on 04/07/2025

UOB Hong Kong Becomes First Singapore-based Bank to Sign MOU With HKTDC

Strengthening GBA-ASEAN Connectivity HONG KONG - July 3, 2025 (NEWMEDIAWIRE) - UOB Hong Kong and the Hong Kong Trade Development Council (HKTDC) signed a landmark Memorandum of Understanding (MOU) at ...

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