Chery Holdings Co. is considering a Hong Kong initial public offering for its automotive unit that could value it at about 50 billion yuan ($7.1 billion), according to people familiar with the matter.
Hong Kong gov’t seeking alternatives to ex-leader Carrie Lam’s HK$9.17m office ahead of lease expiry next year
The Hong Kong government is seeking alternative sites for the multi-million dollar taxpayer-funded office of former chief executive Carrie Lam ahead of the expiry of its lease next May. Earlier this ...
Hong Kong’s Hang Seng Index hits 32-month high as Citi, Goldman back Chinese stocks
The bank has raised its target for Hang Seng Index by 24 ... implying a 15 to 18 per cent return. Hong Kong’s benchmark Hang Seng Index has rallied more than 24 per cent since China unleashed its ...
Hong Kong stock market continues to rally, rising 1.15% on Monday morning
VCG. The Hong Kong stock market extended its three-week rally on Monday, reaching a two-and-a-half-year high in the morning session, buoyed by the lates ...
HSBC sees 6 US rate cuts until June 2025 in boon for Hong Kong’s economy and investments
Lower rates will benefit the city's economic recovery, but there has been no immediate increase in demand for loans, HSBC Hong Kong CEO Luanne Lim says HSBC, the city's biggest lender, expects six ...
How Hong Kong’s next generation of ethnic minority lawyers is beating stereotypes
Lack of diversity in legal sector is driving two young members of ethnic minority groups to inspire others to practise law.
Deep Dive: Why Hong Kong’s small and medium-sized enterprises are struggling to survive
Hongkongers and mainland Chinese tourists are spending their money elsewhere, as SMEs grapple with the continued impact of the pandemic.
Spark Deep Dive: Why Hong Kong’s small and medium-sized businesses are in trouble
Many SMEs do not have enough money to operate, and they are losing customers and investors. Deep Dive delves into hot issues in Hong Kong and mainland China. Our easy-to-read articles provide context ...
India to Singapore, HK: Uber rich shift $235 bn to offshore family offices
Hong Kong ranked fourth with $70 billion in transferred assets to Singapore; the rest of Asia collectively parked over $370 billion in the island nation.
Hong Kong to welcome 10 more strategic firms, with focus on AI, big data: Paul Chan
Finance minister says latest batch of firms attracted under government initiative are from mainland China, US and Europe More than 10 companies in strategic sectors such as artificial intelligence (AI ...
Hong Kong property prices have ‘bottomed out’ and will ‘rebound slowly’, sector leader says
Recent strength in stock market can help drive economic recovery and boost property sector, head of developers' association says Hong Kong property prices have bottomed out and will begin to rise ...
Hong Kong investors turn to Japan’s hotels as funds, tourists soar to record high
Japan’s low interest rates and booming tourism are attracting investors like the Chiu family and Dorsett Hospitality International.
Hong Kong developer Lai Sun’s Yuen Long project a sell-out as buyers regain confidence
Buyers flock to Lai Sun’s The Parkland in Yuen Long, snapping up nearly all units amid rate cuts and stock market gains, boosting market confidence.
Hong Kong virtual banks struggle to turn profits after four years
In the four years since they began operating, Hong Kong's eight virtual banks have yet to become consistently profitable as they struggle with a low volume of transactions. While one says it is ...