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Category: BUSINESS

Posted on 21/08/2025

Exclusive: China considering yuan-backed stablecoins to boost global currency usage, sources say

China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of ...

Posted on 21/08/2025

Swire Properties set to start selling Hong Kong’s largest residential project in 20 years

Developer says launch of 850-flat Chai Wan project comes as market sentiment has ‘improved quite a bit’ in the past six months.

Posted on 20/08/2025

HKTDC Chairman Promotes Hong Kong’s Business Advantages in Thailand

ASEAN ties HONG KONG - August 20, 2025 (NEWMEDIAWIRE) - To promote Hong Kong's business advantages and enhance trade and economic cooperation between Hong Kong and Thailand and the wider ...

Posted on 20/08/2025

Hong Kong Startup SleekFlow Successfully Integrates GPT-4 to Drive …

HONG KONG SAR- Media OutReach- 18 May 2023- The launch of ChatGPT has led to a surge in the adoption of Generative AI in business applications, with many businesses leveraging Open AI's state-of ...

Posted on 20/08/2025

Hong Kong’s stablecoin law holds promise for e-CNY, cross-border flows: Morgan Stanley

Hong Kong dollar stablecoins can help mainland China’s only legal digital currency better position itself globally.

Posted on 20/08/2025

Hong Kong exchange reports jump of nearly 40% in first-half profit

HONG KONG] Hong Kong’s stock exchange operator said on Wednesday (Aug 20) that its first half profit reached HK$8.5 billion (S$1.4 billion), up almost 40 per cent, driven by a sharp increase in daily ...

Posted on 20/08/2025

Hong Kong Officials Harden Their Stance on ‘Soft Resistance’

With pro-democracy movements long squashed, the government is targeting any hint of subtler expressions of discontent. Even establishment figures say it may be too much.

Posted on 20/08/2025

Hong Kong stocks fall for fifth day amid US-China tariff fears, Wall Street sell-off

US Treasury Secretary Scott Bessent hints that the tariffs on Chinese goods could remain in place for some time.

Posted on 20/08/2025

Hedge Fund ExodusPoint Expands Hong Kong Office on Cheaper Rents

Hedge fund firm ExodusPoint Capital Management took up a new floor in Hong Kong’s Central business district, taking advantage of a dip in commercial office rents.

Posted on 20/08/2025

FDA to halt McKinsey contracts amid federal probes into opioid work

McKinsey worked with Purdue for 15 years, starting in 2004. Purdue has pleaded guilty to three felonies as a result of conduct spanning a decade — 2007 to 2017 — while it was working closely ...

Posted on 20/08/2025

Most Hong Kong SMEs under financial strain in last year

In fact, Hong Kong has emerged as the most severely impacted region in the Airwallex report, based on responses from 500 SME owners and decision-makers in the city, with an overwhelming 96% reporting ...

Posted on 20/08/2025

Hong Kong exchange’s confidential filing option lures tech listing hopefuls, law firm says

Nearly half of the biotech and technology start-ups seeking IPOs are opting for confidential filings, according to lawyer with Cooley.

Posted on 20/08/2025

China, Hong Kong benchmarks close lower on profit taking

HONG KONG: China and Hong Kong equity benchmarks closed lower on Tuesday, as investors booked profits after a rally on the mainland index, and ahead of a key US central bank meeting this week that ...

Posted on 20/08/2025

Preface launches “Just Start” AI learning initiative: Hong Kong’s first AI-Q Test debuts, with over 30 organisations including Google, Microsoft and Meta joining forces …

In an era where artificial intelligence defines competitive advantage, Hong Kong faces a critical choice: adapt collectively or risk obsolescence. This summer, Preface launches “Just Start”, a mission ...

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