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Category: BUSINESS

Posted on 05/05/2025

Hong Kong IPO filings rush in amid worries trade war may slam listing window shut

Filings in the first four months of the year jumped 29 per cent year on year to 112, with a total of 152 companies now in the pipeline.

Posted on 04/05/2025

China’s Ant plans to list overseas unit in Hong Kong: report

HONG KONG] Ant, an affiliate of China’s e-commerce giant Alibaba, plans to list its overseas arm, Ant International, on the Hong Kong stock exchange, Chinese media reported, citing unnamed sources.

Posted on 03/05/2025

Hong Kong March retail sales fall 3.5%

Hong Kong's retail sales by value fell by 3.5% in March from a year earlier, marking an 13th consecutive month of declines, government data showed on Friday.

Posted on 02/05/2025

Meitu founder buys Hong Kong’s Ginza-style building for US$84 million

Mike Cai Wensheng, the co-founder and chairman of Chinese selfie app Meitu, bought a 53,000 square foot commercial building in Hong Kong for HK$650 million (US$84 million), with plans to turn the ...

Posted on 02/05/2025

Hong Kong’s GDP growth unexpectedly picks up amid tourism and export boom

HONG KONG] Hong Kong’s economy expanded at the fastest pace in more than a year, benefiting from a recovery in tourism and an export bump before US President Donald Trump’s drastic tariff hikes. Read ...

Posted on 02/05/2025

Hong Kong posts 3.1% growth, warns of trade war ‘risk’

Hong Kong's economy grew by 3.1 percent in the first quarter of the year, the city's government said Friday, though it warned US tariffs had heightened "downside risks" in the global economy. But ...

Posted on 02/05/2025

McKinsey Chief Speaks at Beijing Forum Hosted by China’s Government

McKinsey’s top executive, Bob Sternfels, quietly traveled to Beijing last month for a high-powered business conference during which Chinese officials wooed Western executives. Sternfels ...

Posted on 02/05/2025

Hong Kong’s robustness continues to strengthen its status as an international talent hub

Outreach initiatives to attract top professionals mark a critical step in the city’s strategy to enhance its competitiveness.

Posted on 01/05/2025

United InnoMed targets Hong Kong for heart device trials after new funding

Shanghai-based medical device start-up United InnoMed plans to collaborate with medical institutions in Hong Kong on clinical studies with the aim of commercialising an artificial intelligence -driven ...

Posted on 01/05/2025

‘Breaking through the US blockade’: HK backs Zhejiang tech firms but details are scant

Chief Executive John Lee met with Hangzhou's six little dragons to learn what they would need to expand and mitigate the disruptions brought about by the Trump administration. Read more at ...

Posted on 30/04/2025

Hong Kong data privacy firm Terminal 3 raises US$8 million

Terminal 3, a Hong Kong-based Web3 start-up specializing in decentralized data privacy, has raised US$8 million in seed funding to fuel its expansion and upcoming product launches.

Posted on 30/04/2025

Hong Kong entrepreneurs put pitching skills to the test with business magnate Allan Zeman

Given just 45 minutes and use of the Huawei MatePad Pro 13.2-inch, three business owners create presentations to be judged by the Lan Kwai Fong Group chairman.

Posted on 30/04/2025

Hong Kong retail tycoon offers to privatise Dickson Concepts in US$141 million deal

Offer is 51 per cent higher than its pre-suspension market price and above the stock’s price at any point over the past 10 years.

Posted on 30/04/2025

China’s Midea Group plans Hong Kong listing for logistics unit Annto

(Reuters) -Chinese home appliance maker Midea Group said on Tuesday it is planning to spin off and list its integrated logistics business Annto Supply Chain Technology on the Hong Kong stock exchange.

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