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Posted on 10/05/2024

Hong Kong businessman, son surrender to police over abduction of cryptocurrency investor

Insider says businessman was unable to get HK$15 million he allegedly invested in virtual currency through victim, who was unreachable sometimes

Posted on 10/05/2024

Hong Kong property: mortgage insurance hits 10-month high as transactions rise on curbs’ removal

The value of mortgage insurance rose to HK$13.71 billion (US$1.75 billion) in April, the most since HK$16.07 billion in June last year, data from mortgage broker mReferral shows.

Posted on 09/05/2024

China Market Update: Hong Kong & Mainland China Rally Rebounds On Trade Data & Home Buying Restrictions Cancelled

Asian equities were overall lower overnight as Mainland China and Hong Kong outperformed while South Korea, Australia, India, and the Philippines underperformed, falling by more than -1%. Meanwhile, ...

Posted on 09/05/2024

Hong Kong puts Google in hot seat with ban on protest song

Hong Kong called it "unbelievable” when Google rebuffed its 2022 request to bury a popular protest song from search results. Now armed with an injunction, authorities are putting legal pressure on the ...

Posted on 09/05/2024

Hong Kong property: mortgage insurance hits 10-month high as property easing fuels transactions

The value of mortgage insurance rose to HK$13.71 billion (US$1.75 billion) in April, the most since HK$16.07 billion in June last year, data from mortgage broker mReferral shows.

Posted on 09/05/2024

Retired Hong Kong brokerage manager loses HK$18 million to scammer posing as security official

Source familiar with situation says scammer contacted 67-year-old woman in January and claimed to be mainland Chinese police officer investigating fraud case.

Posted on 09/05/2024

Hong Kong Housing, Urban Renewal Groups in Rare Loan Talks

Two Hong Kong bodies that work closely with the government are in rare talks with banks in the financial hub for syndicated loans, according to people familiar with the matter. The Hong Kong Housing Society and the Urban Renewal Authority are in initial ...

Posted on 09/05/2024

Hong Kong’s New Home Sales Hit Record High of $5.4 Billion

New home sales in Hong Kong surged to a record high in April, as buyers rushed to the market after the government removed property curbs.

Posted on 09/05/2024

Hong Kong’s IPO revival is ‘inevitable’ as returning investors drive surging applications, stock exchange CEO says

It is just a matter of time' before Hong Kong sees listings from Middle East companies and mainland industry leaders, says HKEX CEO Bonnie Chan HKEX has received over 100 new listing applications this ...

Posted on 09/05/2024

Hong Kong’s Templewater, BP unit lead US$111 million fundraising for Australian green hydrogen start-up Hysata

Hong Kong-based private equity firm and BP Ventures to invest US$10 million each in the latest funding round, helping Hysata to scale up its green hydrogen facilities in New South Wales.

Posted on 09/05/2024

Hong Kong works on an ETF of HKEX stocks for Tadawul exchange in push for collaboration with Saudi Arabia

The new financial product underscores the flurry of collaborations and accords between Hong Kong and Riyadh since the February 2023 visit by Chief Executive John Lee Ka-chiu to the kingdom.

Posted on 09/05/2024

Ultra, the acclaimed EDM festival, is returning to Hong Kong this September

EDM festival Ultra is coming back to Hong Kong this September. Here’s what we know. Get ready for another music festival in Hong Kong. Ultra, one of the world’s biggest electronic music festivals, will make a comeback this September.

Posted on 09/05/2024

Stock market rebound helps more IPO listings: HKEX

The head of the city's stock exchange operator on Thursday said average daily trading turnover was improving, paving the way for more initial public ...

Posted on 09/05/2024

HKEX’s new CEO is betting on big IPOs coming back

HONG Kong Exchanges & Clearing (HKEX) is anticipating the comeback of big ticket initial public offerings (IPOs) to the city as underlying conditions improve and Chinese regulators give a helping hand ...

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