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Posted on 08/01/2025

Transformers Toymaker Bloks Raises $215 Million in Frenzied Hong Kong IPO

Bloks Group Ltd., the popular maker of Ultraman and Transformers figurines, raised HK$1.67 billion ($215 million) in Hong Kong, people familiar with the matter said, in a keenly sought-after listing ...

Posted on 08/01/2025

Hong Kong Airport Authority sells record HK$18.5 billion of bonds

THE Airport Authority of Hong Kong sold HK$18.5 billion (S$3.3 billion) of bonds in the largest-ever issuance in the financial hub’s local currency, amid a sluggish recovery in the aviation sector and ...

Posted on 08/01/2025

Hong Kong banks hoard record piles of cash as economy sputters

On their end, banks say the cash positions are prudent given the sluggish economy and property downturn and that demand for loans is subdued after years of rising interest rates. Hong Kong’s currency ...

Posted on 08/01/2025

Scammers get resident to send over $100,000 to Hong Kong: Mayfield Heights Police Blotter

A woman reported Dec. 28 that she was the victim of a scam after receiving a phone call in October from someone claiming to be with AT&T and suggesting that an account had been opened online using her ...

Posted on 08/01/2025

US 7-Eleven IPO will invite more unwanted suitors

Southland Corporation, the Dallas-based operator of 7-Eleven then facing rumours of a Canadian takeover attempt, announced plans to move the company into private hands—namely those of its founding ...

Posted on 08/01/2025

Hong Kong seeks 2025 momentum as headwinds abound

Hong Kong’s mounting fiscal pressures and the need for foreign investment inflows are forcing the city to confront economic realities. Chinese IPOs, tourism and events, are some of the bright spots ...

Posted on 08/01/2025

Hong Kong to ease asset requirements in cash-for-residency scheme

Authorities also say investments made through family-owned investment holding vehicles will count towards scheme requirements.

Posted on 08/01/2025

HK breast milk bank ‘has success in recruiting donors’

The Hong Kong Breast Milk Bank said on Tuesday it is making good progress in recruiting donors. The milk bank's director, Rosanna Wong, said it has ...

Posted on 07/01/2025

Asian Financial Forum to be held in HK next week

More than 3,600 global finance and business figures will attend the annual Asian Financial Forum (AFF) which is set to kick off in Hong Kong next ...

Posted on 07/01/2025

Hong Kong’s Paul Chan on Indonesia mission as city’s firms eye huge market

Financial secretary has arrived in Jakarta with a business delegation to promote Hong Kong’s advantages to local companies.

Posted on 07/01/2025

Hong Kong to offer just 1 land plot this quarter amid developer caution

The plan for the Tung Chung site has been revised to allow for 745 flats following an unsuccessful tender in 2023.

Posted on 07/01/2025

Hong Kong’s ambitious plan to build 3 artificial islands set for another delay

Development chief refuses to set starting date for reclamation work for HK$580 billion project as government grapples with ballooning deficit.

Posted on 07/01/2025

Hong Kong: Man creates clay toys despite missing both hands in Jordan, Hong Kong

Kowloon, Hong Kong - October 21, 2024 On October 21, 2024, in Jordan, Hong Kong, @sugarhighstonedd shared a video of a handicapped man making toys out of clay. In the video, he is seen taking clay from a drawer before beginning to mold it.

Posted on 07/01/2025

Christopher Hui: HK Mkt Turns Around in 2H24, Ranking 4th Globally in IPO Fundraising

Christopher Hui, Hong Kong's Secretary for Financial Services and the Treasury, said that with the atmosphere in Hong Kong's asset market significantly improving in 2H24, the city ranked fourth ...

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