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Category: BUSINESS

Posted on 03/01/2025

Hong Kong developer cuts prices in Shau Kei Wan project as oversupply plagues market

New price list takes average price in the district to the lowest level since September 2016 for primary launches: Midland Realty data.

Posted on 03/01/2025

Hong Kong stocks kick off new year of trading with worst start since 2019

Caixin manufacturing purchasing managers’ index, a gauge of mostly smaller companies, falls to 50.5 in December from 51.5 a month earlier.

Posted on 02/01/2025

How an FBI Sting Stopped a Russian Smuggler but Not His Hong Kong Supply Route

The case showed how difficult it is to stanch the flow of equipment to Russia through China, which the U.S. accuses of helping Moscow sustain the military production it needs to continue the war.

Posted on 02/01/2025

Hong Kong appetite for catastrophe bonds grows as Taiping Re becomes sixth issuer

Investors in Hong Kong are showing greater appetite for catastrophe bonds following the latest issuance by Taiping Reinsurance, the sixth such offering of insurance-linked securities in the city since ...

Posted on 02/01/2025

Retail traders seek nearly US$60 billion for toymaker Bloks Group’s Hong Kong IPO

RETAIL investors have applied to borrow nearly US$60 billion to participate in Chinese toymaker Bloks Group’s Hong Kong initial public offering (IPO), continuing to show demand for new listings.

Posted on 02/01/2025

Hong Kong’s Templewater builds Middle East ties to unlock energy transition deals

Private equity firm eyes opportunities for its entities in vehicle manufacturing and sales distribution in the Gulf Cooperation Council nations.

Posted on 02/01/2025

Companies listed in Hong Kong totals 2,631 in 2024: HKEX

The Hong Kong Exchanges and Clearing Limited (HKEX) announced on Tuesday that the number of listed companies in Hong Kong totaled 2,631, an increase of 22 companies since the beginning of 2024.

Posted on 01/01/2025

Hong Kong Start-Up Pons.ai Brings Personalised Avatars to Corporate Events

A Hong Kong-based start-up is bringing generative AI to corporate events with a novel approach: personalised avatars. Pons.ai, operating from the government-funded Science Park, offers an AI photo ...

Posted on 01/01/2025

Hong Kong stocks post a 2024 gain after 4 straight years of losses

Hong Kong stocks ended the year on a high note after four straight years of losses, as an official purchasing managers’ index (PMI) report showed expansion in China’s manufacturing sector for a third ...

Posted on 31/12/2024

Hong Kong cinema scores 2 box office hits in 2024, but outlook still uncertain

Hong Kong cinema delivered an impressive report card in 2024 with two local films surpassing the HK$100 million (US$12.9 million) mark at the box office for the first time in a single year, but ...

Posted on 31/12/2024

Tencent-backed online healthcare platform WeDoctor revives plan for Hong Kong IPO

Tencent Holdings-backed WeDoctor has revived its Hong Kong initial public offering (IPO) plan, confirming an earlier report in the Post. The Hangzhou-based online healthcare platform submitted its IPO ...

Posted on 31/12/2024

Hong Kong stocks head for 2024 gain after 4 straight years of losses

Hong Kong stocks were poised to end the year on a high note after four straight years of losses, as an official purchasing managers’ index (PMI) report showed expansion in China’s manufacturing sector ...

Posted on 31/12/2024

Hong Kong’s billionaire Cheng family seeks to sell China toll roads for $2.7b

CTF has holdings in 15 road operations across mainland China, including in Guangzhou, Shenzhen and Hangzhou. Read more at straitstimes.com.

Posted on 30/12/2024

Four Seas Mercantile Relocates Hong Kong Business Hub

Four Seas Mercantile Holdings Limited (HK:0374) has released an update. Four Seas Mercantile Holdings Limited has announced a change in its ...

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