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Category: BUSINESS

Posted on 23/05/2025

Chinese Drugmaker’s Shares Jump in Strong Hong Kong Debut

Shares of Jiangsu Hengrui Pharmaceuticals soared Friday morning, as more companies seek to tap Hong Kong’s capital markets.

Posted on 23/05/2025

How DBS drives changes with lasting impact for Hong Kong’s ageing population

DBS bank and its Foundation work with local partners to offer under-privileged improved long-term health and financial resilience.

Posted on 23/05/2025

ProWine Hong Kong 2025 Concludes Successfully

ProWine Hong Kong 2025 concluded successfully at the Hong Kong Convention and Exhibition Center. Against the backdrop ...

Posted on 23/05/2025

Luxury Mansion, Yacht And More: Hong Kong Billionaire’s Rs 2,134 Crore Gift To Daughter-in-Law

Chui, the only daughter-in-law in the Lee family, has since solidified her influence in both social and business spheres of Hong Kong's elite.

Posted on 22/05/2025

Hongkong Land’s underlying profit for 1QFY2025 ‘in line’ y-o-y, net debt reduced to US$4.9 bil

The group said that it generated net cash inflows in the first quarter, net gearing was 16% and committed liquidity was US$3.2 billion.

Posted on 22/05/2025

Xpeng shares soar 10% in Hong Kong as Chinese carmaker forecasts upbeat revenue

The company is a key player in China’s hypercompetitive EV market, but has struggled to turn a profit amid rising competition and sluggish domestic demand.

Posted on 22/05/2025

Hong Kong passes stablecoin law, clearing way for licensed issuers to sell to public

Law sets up a ‘risk-based, pragmatic, and flexible regulatory regime’ with public protection in mind, head of city’s monetary authority says.

Posted on 21/05/2025

China Mobile closer to taking over Hong Kong broadband company HKBN, sources say

China Mobile , the world's biggest wireless carrier by users, is moving closer to a deal to take over Hong Kong broadband company HKBN after rival bidder I Squared Capital dropped out of the race, ...

Posted on 21/05/2025

Microsoft Hong Kong and HKSTP Launch TechConnect to Supercharge Startup Growth

The co-incubation initiative aims to empower next-gen founders with AI, cloud, and innovation mentorship.

Posted on 21/05/2025

China’s Zijin Mining opens gold and copper stock fund to Hong Kong investors

The fund’s manager expects gold to hit US$4,000 this year due to a weakening US dollar and rising demand from investors.

Posted on 21/05/2025

Shares in China’s CATL surge in Hong Kong after $4.6 billion IPO

The reception suggests investors still have an appetite for Chinese companies despite trade tensions with the United States.

Posted on 21/05/2025

Hong Kong leader downplays business closures, cites anticipated GDP growth

John Lee also urges businesses to reform amid what he calls a ‘transitional period’ which saw recent closure of congee chain Ocean Empire.

Posted on 20/05/2025

CATL Goes Public in Hong Kong. The Tesla Battery Supplier Stock Is Surging While Honda Cuts Back on EVs.

CATL, the world’s largest maker of electric-vehicle batteries, is expanding production, while Honda is cutting spending plans. Oddly, both stocks are up.

Posted on 20/05/2025

Hong Kong leader downplays business closures, cites GDP growth, more registered companies

John Lee also urges businesses to reform amid what he calls a ‘transitional period’ which saw recent closure of congee chain Ocean Empire.

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