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Posted on 02/12/2024

Hong Kong court dismisses petition to liquidate Chinese developer Shimao Group

China's Shimao Group said on Monday that the High Court in Hong Kong dismissed a petition seeking the liquidation of the embattled property developer. The petition was filed by China Construction Bank ...

Posted on 02/12/2024

Cathay Pacific & HSBC Partner to Produce SAF in Hong Kong

Cathay Pacific, HSBC Hong Kong and EcoCeres join forces to support sustainable aviation fuel (SAF), driving airline decarbonisation in Hong Kong ...

Posted on 02/12/2024

Credit Agricole CIB bolsters Asia expansion from Hong Kong, undeterred by Trump trade war

French banking giant Credit Agricole CIB is committed to using Hong Kong as a base to expand its business in Asia, and those plans will not be affected by Donald Trump's plan to wage a trade war with ...

Posted on 02/12/2024

Thousands of giant panda sculptures gathered ahead of greeting Hong Kong residents and tourists

Thousands of giant panda sculptures will greet residents and tourists starting Saturday in Hong Kong, where enthusiasm for the bears has grown since two cubs were born in a local theme park.

Posted on 02/12/2024

Hong Kong investment arm funds 80 start-ups as war chest swells

Flush with proceeds from the city’s successful investment-migration scheme, HKIC puts money in local, mainland and overseas start-ups.

Posted on 02/12/2024

Makeup Artist Mao Geping Close To Billionaire Ahead Of Hong Kong IPO

The 60-year-old chairman of the company has amassed wealth of $830 million mostly based on a family stake in Mao Geping Cosmetics Co., according to Forbes estimates.

Posted on 02/12/2024

EY Foresees HK IPO Fundraising to Whop $120B in 2025, Likely to Return No.3 in World

Excluding MIDEA GROUP (00300.HK), which raised HKD35.67 billion, the average IPO capital raised this year was HKD758 million, up 11% YoY, but still at a relatively low position in recent years. EY was ...

Posted on 02/12/2024

Hong Kong Doubles This Year’s Deficit Forecast to $12.9 Billion

HONG KONG (Reuters) - Hong Kong is set to post a consolidated deficit of around HK$100 billion ($12.85 billion) for the fiscal year through March, more than twice originally forecast, the city's ...

Posted on 02/12/2024

Hong Kong giant pandas An An and Ke Ke meet the press ahead of Sunday’s public unveiling

Two bears gifted by Beijing to welcome visitors on Sunday at new home in Ocean Park’s Hong Kong Jockey Club Sichuan Treasures area.

Posted on 02/12/2024

Hong Kong Unveils 10 Asian Designers To Watch

The fashion industry's elite gathered in Hong Kong to celebrate 2024's 10 Asian Designers to Watch—as complied by Fashion Asia and Hong Kong Design Centre.

Posted on 02/12/2024

Hong Kong universities should press on with building global connections, Zheng Yanxiong says

Head of Beijing’s liaison office in Hong Kong says city can build an ‘interconnected international higher education cooperation network’.

Posted on 02/12/2024

Hong Kong doubles this year’s deficit forecast to HK$100 billion, RTHK reports

HONG Kong is set to post a consolidated deficit of around HK$100 billion (S$17.3 billion) for the fiscal year through March, more than twice originally forecast, public broadcaster RTHK reported on ...

Posted on 02/12/2024

Former snooker world champion Terry Griffiths, father of Hong Kong coach Wayne, dies at 77

The Welshman, a frequent visitor to Hong Kong in the 1980-90s, won the world title in 1979 and completed the ‘Triple Crown’ in 1982.

Posted on 02/12/2024

Hong Kong government deficit to balloon to HK$100 billion in 2024-25: Paul Chan

The government’s income was far lower than expected. Before September, the property transactions were very slow, which affected our stamp duty income,’ finance chief says.

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