HONG KONG – Kelly Zong Fuli, the daughter of the late Chinese billionaire Zong Qinghou and current chairman of beverage giant Hangzhou Wahaha Group, is being sued in a Hong Kong court as part of an ...
Alibaba shares soar 11% in Hong Kong after stellar earnings as China’s e-commerce sector recovers
Alibaba stocks listed in Hong Kong rose following a significant profit increase for the company in the December quarter.
Chinese Drinks Maker Plans Over $400M Hong Kong IPO as Listing Frenzy Accelerates
Chinese fresh drinks specialist Mixue Group will start taking orders from investors to raise over US$400 million through an initial public offering in Hong Kong, which is seeing renewed interest in ...
MANTRA Launches Program for Real-World Asset Startups With Google Cloud Support
Layer 1 blockchain MANTRA has launched a startup accelerator program aimed at advancing the tokenization of real-world assets (RWAs), with backing from Google Cloud. The initiative, dubbed ...
Hong Kong banks face rising risks amid prolonged property slump, Moody’s warns
Moody’s highlights the potential for higher loan-loss provisions and a tightening of credit lines, particularly for smaller developers.
Tokenisation a ‘defining trend’ for Web3 in Hong Kong as city hosts major Consensus event
Tokenisation will be 'profoundly transformative', Secretary for Financial Services Christopher Hui said, as companies pile into the burgeoning business Hong Kong is intensifying its focus on ...
China Market Update: Southbound Hong Kong Buying Sets Record, Baidu Earnings Beat
Asian equities were largely higher overnight despite the US dollar strengthening overnight. Hong Kong led the push higher on very high volumes, the Philippines and Pakistan outperformed, while ...
Hong Kong Crypto Unicorn Hashkey Secures $30 Million From Early PDD Investor Gaorong
Beijing-based Gaorong Ventures’ investment values the crypto exchange operator at nearly $1.5 billion post-money.
Hong Kong’s finance and tech sectors to lead job market recovery this year: Robert Walters
Finance sector to lead hiring momentum and tech sector to top pay increases of up to 25 per cent to attract talent, recruitment consultancy says Hong Kong's job market is showing signs of a recovery, ...
China’s Leader Embraces Business, Even Jack Ma. But Will It Be Enough?
The once-sidelined Alibaba founder was among the executives who met with China’s top leader, in what was seen as a show of support for private enterprise by Beijing.
Hong Kong stocks erase gains near 5-month high as DeepSeek-led rally wanes
Hong Kong stocks jumped on Monday towards a five-month high after Goldman Sachs raised its price targets for Chinese equities, betting that a faster adoption of artificial intelligence (AI) will ...
DeepSeek keeps boosting Chinese tech stocks. Goldman Sachs says this upswing could be different.
Recent Chinese technology breakthroughs are more "micro- and innovation-driven in nature," wrote analysts at Goldman Sachs.
Sorra.net Announces Results of 2024 Annual Awards, Unveiling Top 10 Beauty Trends
HONG KONG SAR – Media OutReach Newswire – 17 February 2025 – Sorra.net, a beauty tech startup from Hong Kong Science Park, held its inaugural annual awards at the end of 2024, aiming to identify the ...
FWD Hong Kong’s new business APE up 53% in 9M 2024
All of its sales channels saw double-digit growth. FWD Hong Kong saw its new business annual premium equivalent (APE) grow 53% year-on-year (YoY) in the first three quarters of 2024, according to data ...