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Category: BUSINESS

Posted on 06/03/2025

Some shipping firms pulling back from Hong Kong to skirt US-China risks

Despite an influx of Chinese-operated ships onto Hong Kong’s registry, the number of oceangoing vessels flagged in the city fell more than 8 per cent to 2,366 in January from 2,580 four years earlier, ...

Posted on 06/03/2025

‘AI startups boosting nation’s development’

An analyst on Thursday said the advent of artificial intelligence startups such as DeepSeek has been a boon to the nation’s technological ...

Posted on 06/03/2025

AI-led boom of Chinese stocks revives refinancing activities in Hong Kong

Around 17 tech companies raise a combined US$6.7 billion from share placements or secondary offerings since February.

Posted on 06/03/2025

Hong Kong billionaire to sell Panama Canal ports to US firm

A Hong Kong-based company has agreed to sell most of its stake in two key ports on the Panama Canal to a group led by US investment firm BlackRock. The sale comes after weeks of complaining by ...

Posted on 06/03/2025

Hong Kong firms sells major Panama Canal ports to US firm

Two major Panama Canal ports have been sold from their Hong Kong owner to a consortium including American multinational investment company BlackRock.

Posted on 05/03/2025

How a 96-year-old billionaire from Hong Kong escaped Trump’s glare with $19 billion port deal

Hong Kong billionaire Li Ka-shing's CK Hutchison Holdings plans to sell its global ports business for over $19 billion to a BlackRock-led consortium, amid pressures from geopolitical tensions. The ...

Posted on 05/03/2025

Women hold 1 in 5 board seats in Hong Kong firms for first time, report says

The proportion of seats occupied by women on the boards of Hong Kong-based companies has surpassed one in five for the first time, but significant disparities remain in senior-management ...

Posted on 05/03/2025

Beijing’s counter-tariffs on US goods to have ‘limited impact’ on Hong Kong prices

City not required to implement new duties on US goods, with one economist saying move could create 'price gap' enticing mainlanders to buy more American goods in Hong Kong Beijing's new ...

Posted on 05/03/2025

After Trump threats, Hong Kong firm says it will sell stake in Panama Canal ports

CK Hutchison said the proposed sale was part of a bigger deal in which a consortium led by BlackRock Inc. would acquire an 80% interest in its units.

Posted on 05/03/2025

29 kindergartens close in Hong Kong, most since records began in 2013

Government figures also show 42 per cent increase in number of newly arrived pupils aged six to 18 enrolled in induction programme.

Posted on 05/03/2025

Hong Kong Company Sells Panama Ports To BlackRock Following Trump’s Threats To Take Over Canal

Hong Kong-based CK Hutchison sold control of a unit that operates ports near the Panama Canal to BlackRock as Trump alleges the canal is controlled by China ...

Posted on 04/03/2025

Hong Kong stocks sink as Trump’s tariffs stoke trade-war fears, BYD slumps

US president reaffirms that tariffs on Chinese imports will double to 20 per cent as reprieve period for Canada and Mexico ends.

Posted on 04/03/2025

Hong Kong boosts yuan hub status by expanding mainland China bond collateral initiative

HKMA unit CMU OmniClear and HKEX sign MOU to enhance the post-trade securities infrastructure of Hong Kong’s capital markets.

Posted on 04/03/2025

Hong Kong developers to sell more flats as buyers return amid tax relief, stock rally

China Vanke and Sun Hung Kai Properties will put more units on the market after the city recorded its best weekend in four months for new home sales.

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