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Category: BUSINESS

Posted on 25/02/2025

Hong Kong to kick on with paperless stock market system in nod for environment

Listed companies will go fully electronic in batches over the next five years, while individual investors have options and costs to consider: SFC.

Posted on 24/02/2025

Hong Kong SMEs want funding support amid mounting costs, survey finds

More than half of the businesses surveyed by DBS hope the financial secretary will reveal some support for them in his budget address.

Posted on 24/02/2025

McKinsey’s China chairman: What Asia’s business leaders are worried about in 2025

When I attended the World Economic Forum’s annual gathering in Davos last month, Asia’s business executives were buzzing about the forces transforming the region. It’s a busy time: A new U.S.

Posted on 22/02/2025

Why Hong Kong is important to mainland Chinese tech companies

Readers discuss mainland Chinese firms' interest in Hong Kong, the prospects of the city's stock market, and the quality of taxi services Feel strongly about these letters, or any other aspects of the ...

Posted on 21/02/2025

Hong Kong shares hit 3-year peak as money flows to China tech sector

SHANGHAI/HONG KONG -- Hong Kong shares hit their highest in three years on Friday as better-than-expected earnings by e-commerce conglomerate Alibaba Group Holding stoked a rally that has been driven ...

Posted on 21/02/2025

Chinese beverage heiress sued in Hong Kong over assets dispute

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 ...

Posted on 21/02/2025

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.

Posted on 21/02/2025

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 ...

Posted on 20/02/2025

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 ...

Posted on 20/02/2025

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.

Posted on 19/02/2025

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 ...

Posted on 19/02/2025

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 ...

Posted on 18/02/2025

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.

Posted on 18/02/2025

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, ...

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