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Category: FINANCE

Posted on 24/02/2025

Hong Kong investment firm’s board gives nod to more Bitcoin buying

HK Asia Holdings Limited has increased its Bitcoin holdings to nearly 9 BTC, just a week after the investment firm saw its share prices double after buying its first Bitcoin. HK Asia, a Hong ...

Posted on 24/02/2025

Budget 2025: how public servant pay cuts will impact you and Hong Kong’s finances

The Post examines whether reducing or freezing salaries of 173,000 government employees will help Hong Kong's fiscal health Slashing or freezing the salaries of Hong Kong civil servants has been ...

Posted on 24/02/2025

The Post examines whether reducing or freezing salaries of 173,000 government employees will help Hong Kong’s fiscal health

The Post examines whether reducing or freezing salaries of 173,000 government employees will help Hong Kong’s fiscal health.

Posted on 24/02/2025

Hong Kong to rev up fiscal consolidation in new budget: financial secretary

The Hong Kong Special Administrative Region (HKSAR) government will double down on its fiscal consolidation strategy in the budget for the new financial year to be released on Wednesday, Financial ...

Posted on 24/02/2025

Crypto derivatives a missing piece in Hong Kong’s virtual-asset push, Deribit says

Dubai-based exchange aims to expand in the city as the regulator is set to consider letting professional investors trade crypto derivatives Deribit, the world's largest cryptocurrency derivatives ...

Posted on 23/02/2025

HSBC to save $1.8 billion over two years under new CEO

HSBC HSBA.L posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new CEO implements a revamp of ...

Posted on 23/02/2025

Hong Kong to strengthen fiscal consolidation in new budget: financial secretary

VCG. The Hong Kong Special Administrative Region (HKSAR) government will double down on its fiscal consolidation strategy in the budget for the new ...

Posted on 23/02/2025

Hong Kong and Singapore lead Asia’s drive to cash in on crypto boom

Hong Kong and Singapore are the front-runners in a push by Asian governments to become cryptocurrency hubs as they look to capitalise on the global resurgence of the sector thanks to the support of US ...

Posted on 23/02/2025

Well-off Hong Kong daunted by record deficits

Hong Kong is facing its toughest fiscal test in three decades following a painful run of mammoth deficits, with experts urging the government to make careful cuts as the economy wobbles. The Chinese ...

Posted on 23/02/2025

HSBC hauled over coals on Hong Kong scandal

The bank is sitting on £978 million of savings owed to tens of thousands living in the UK after they escaped a crackdown on pro-democracy activists by China.

Posted on 22/02/2025

Hong Kong budget: can Paul Chan make needed cuts without angering the public?

The Post examines the difficulties the government faces should it cut expenditure in major spending areas, such as the HK$2 transport subsidy, public healthcare and civil servant salaries ...

Posted on 22/02/2025

Show me the money: unveiling Hong Kong’s 10 biggest spenders in government

As finance chief urges tightening of purse strings ahead of next budget, the Post looks at which government agencies have the highest bill As Hong Kong grapples with an estimated budget deficit of ...

Posted on 22/02/2025

China’s largest bubble tea chain Mixue aims to raise $443 million in Hong Kong IPO

China's largest bubble tea and drinks firm, Mixue Group, is seeking to raise HK$3.45 billion ($443.66 million) in a Hong Kong initial public offering, a regulatory filing showed on Friday.

Posted on 22/02/2025

Bubble-Tea Giant Mixue Seeks $444 Million in Hong Kong IPO

Mixue Group, operator of China’s largest bubble-tea chain, plans to raise HK$3.45 billion ($444 million) in a Hong Kong initial public offering to help it fend off competition in the fast-growing ...

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