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Category: BUSINESS

Posted on 21/06/2025

Hong Kong national security law a ‘guardian’ of ‘One Country, Two Systems’ and HK’s prosperity, stability, says top official on HK affairs at fifth anniversary forum

Xia Baolong, head of the Hong Kong and Macao Work Office of the Communist Party of China Central Committee and the Hong Kong and Macao Affairs Office of the State Council, attended and delivered a ...

Posted on 21/06/2025

Xia meets business leaders, learns about tourism

A top Beijing official overseeing Hong Kong affairs met a group of business leaders and visited Ocean Park and Lamma Island on day three of his ...

Posted on 21/06/2025

Chinese AI startup MiniMax reportedly eyeing Hong Kong IPO

A potential IPO by MiniMax would offer investors an opportunity to invest in a new wave of Chinese companies driving advancements in AI technology.

Posted on 21/06/2025

Hong Kong ranks third globally in economic competitiveness

Hong Kong climbs to No.3 in the world’s most competitive economies, driven by innovation, infrastructure, and global connectivity.

Posted on 20/06/2025

Xia meets business leaders, visits Ocean Park

A top Beijing official overseeing Hong Kong affairs visited Ocean Park and Lamma Island on day three of his inspection trip to Hong Kong. Xia ...

Posted on 20/06/2025

Hong Kong buyers forfeit deposits on Grand Mayfair project after 25% market slump

Several buyers of flats at Grand Mayfair II – a high-rise residential project in Yuen Long, New Territories – have cancelled their contracts after a market slump eroded home prices in the area by ...

Posted on 20/06/2025

Hong Kong biotech stock surges 56,000% with no revenue, CEO becomes mega-billionare overnight

A Hong Kong company developing herbal treatments for ADHD has seen its stock price surge over 56,000% this year following a 38-for-1 stock split, despite having no revenue and ongoing losses.

Posted on 19/06/2025

Hong Kong stocks slide to 2-week low as Fed sees inflation risk amid Middle East tensions

Hong Kong stocks dropped to a two-week low after the Federal Reserve flagged increasing inflationary risk for the economy and the conflict in the Middle East jeopardised global oil supply. The Hang ...

Posted on 19/06/2025

Former Hong Kong exchange CEO Charles Li aims to list start-up in small-firm financing

Li’s Micro Connect is among six companies that filed for listings on Wednesday, joining 200 companies waiting to list in the city.

Posted on 19/06/2025

Hong Kong to study Beijing’s monetary policy, weigh risks before issuing yuan stablecoins

We need to align our considerations with national policymaking,’ Hong Kong’s treasury chief says at the Lujiazui Forum.

Posted on 19/06/2025

Hong Kong employment bill ‘not foolproof’, may still allow worker exploitation: lawmakers

Transport sector lawmaker Frankie Yick says minibus operators will have no choice but to cut working hours, which means drivers will earn less money.

Posted on 19/06/2025

Hong Kong set to regain top IPO spot under US-China tensions

China's largest soy sauce maker, Foshan Haitian Flavouring and Food Company, rang the gong at the Hong Kong exchange on Thursday. The shares opened 3.3% above their offer price, with the listing ...

Posted on 19/06/2025

Hong Kong interest rates fall despite currency’s US dollar peg

The peg system lets the Hong Kong dollar fluctuate between 7.75 and 7.85 per U.S. dollar. When the upper or lower limit is reached, the Hong Kong Monetary Authority (HKMA), the central bank, ...

Posted on 19/06/2025

Cathay Pacific expands nonstop flights between DFW and Hong Kong

Cathay Pacific is adding more nonstop flights between Hong Kong and DFW this October. The airline currently flies nonstop between Hong Kong International and Dallas-Fort Worth four times a week, but ...

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