Adrian Cheng, a third-generation heir to Hong Kong’s third-richest clan, has fully exited the family’s troubled property developer New World Development just months after stepping down as its CEO.
Hong Kong must raise its game to attract multifamily-office operators, study says
City needs to improve technology, innovation and service quality to further develop as a family-office hub, white paper says.
Hong Kong to reclaim top spot in global IPOs, PwC says
In the first half of 2025, total proceeds raised in Hong Kong jumped 701 per cent to $17.4 billion, on 44 IPOs. Read more at straitstimes.com. Read more at straitstimes.com.
Beijing tightens noose on Hong Kong: National Security mandates now extend to business, education
In its 2014 white paper on the one country, two systems framework after the 1997 handover, Beijing asserted that Hong Kong people would govern Hong Kong with a high degree of autonomy, the report ...
Hong Kong steps up defence of currency’s US dollar peg as fixed range tested again
Wild swings have intensified debate about the sustainability of the currency’s peg. Read more at straitstimes.com. Read more at straitstimes.com.
Hong Kong banks can leverage AI and trade changes for growth amid global challenges: KPMG
Hong Kong banks’ total assets rose 4.5 per cent year on year to US$3.1 trillion in 2024, while operating profit was up 7.8 per cent.
Hong Kong steps up defence of FX peg as fixed range tested again
MELBOURNE] Hong Kong’s de-facto central bank ramped up purchases of the city’s currency as it sought to defend a peg that has been strained by volatility in the greenback. Read more at The Business ...
Hong Kong’s all-male boardrooms are all but gone as most companies embrace diversity
More than 800 women have been added as directors since 2022, when 40 per cent of boards were male only, according to HKEX Hong Kong's bourse operator has declared victory in its quest to eliminate all ...
Emperor’s US$2 billion debt woes reflect Hong Kong’s worsening property market risks
Emperor International struggles with US$2.1 billion debt, as JPMorgan notes deteriorating risk profile among small, medium-sized developers.
Hong Kong needs more cybersecurity professionals as threats increase: report
Demand for cybersecurity professionals to grow steadily over the next three to five years, Hong Kong China Network Security Association says.
10% year-on-year sales boost expected for Hong Kong eateries on handover holiday
Industry leader optimistic about restaurant sales spurred by discount promotions, but some retail outlets still report modest customer numbers.
Hong Kong bridges business opportunities for Belt and Road
HONG KONG SAR - Media OutReach Newswire - 30 June 2025 - As a global trade and financial centre and a key link in the Belt and Road Initiative (B&RI), Hong Kong plays a pivotal role in connecting the ...
Smaller Hong Kong developers face defaults amid mounting debts, analysts warn
Emperor International struggles with US$2.1 billion debt, as JPMorgan notes deteriorating risk profile among small, medium-sized developers.
SCED promotes HK in Bordeaux
Secretary for Commerce & Economic Development Algernon Yau meets representatives of local technology startups in Bordeaux and attends the Bordeaux Wine Festival.