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Category: FINANCE

Posted on 15/06/2025

Hong Kong Mulls Whether Beijing Should Handle Collusion Case

Hong Kong’s security chief said the city is working with Beijing to determine whether the mainland should take control of a suspected case of foreign collusion, a move that would expand China’s ...

Posted on 15/06/2025

Hong Kong to release new digital asset policy

Financial Secretary Paul Chan said Hong Kong was set to unveil its second policy statement on digital assets this June, expanding crypto use cases.

Posted on 14/06/2025

Supporting role: how InvestHK is driving Hong Kong firms’ global growth

After 25 years promoting the city as an investment destination, InvestHK is now championing Hong Kong companies’ overseas expansion.

Posted on 14/06/2025

China: CATL Supercharges Hong Kong’s IPO Market

On May 27, Chinese EV battery giant CATL raised HK$41 billion (about $5.23 billion) in the world’s largest IPO of 2025 on the Hong Kong Stock Exchange. Shares jumped 16.4% on its debut, with JPMorgan ...

Posted on 13/06/2025

Hong Kong can do more to fuel yuan’s international ascent, HSBC co-CEO says

City should scale up yuan-denominated trade finance and participation in stock and bond markets, David Liao says Hong Kong can be a crucial partner in the continued and orderly opening of mainland ...

Posted on 13/06/2025

Chinese AC & Heat Tech Company Plans $1 Billion IPO in Hong Kong

China’s Zhejiang Sanhua Intelligent Controls, a maker of refrigeration components, is planning a US$1 billion secondary listing in Hong Kong, underpinning the revival of the city’s IPO market.

Posted on 13/06/2025

Hong Kong to develop crypto tracking tool for money laundering

Hong Kong Customs and Excise Department is partnering with the University of Hong Kong to develop a digital tool to track cryptocurrency transactions in suspected money laundering schemes. On Thursday ...

Posted on 13/06/2025

Jack Ma’s Ant International Seeks Stablecoin Licenses in Hong Kong, Singapore: Bloomberg

Hong Kong has been establishing a stablecoin regime since 2023, with the legislation expected to go into effect in August.

Posted on 13/06/2025

Ant International and Ant Digital to seek stablecoin licences in Hong Kong

The two Ant units’ move aligns with its global ambitions as other companies, including rival JD.com, line up to issue fiat-backed cryptocurrencies.

Posted on 13/06/2025

China’s Zhejiang Sanhua plans to raise up to $1 billion in Hong Kong listing

(Reuters) -Chinese heating systems supplier Zhejiang Sanhua Intelligent Controls is aiming to raise up to HK$8.12 billion ($1.03 billion) through a Hong Kong listing, signaling that more mainland ...

Posted on 13/06/2025

$11.2 Billion or Bust? New World’s Debt Deadline Could Rock Hong Kong’s Property Market

The urgency stems from a ticking clock on New World's existing debt covenant. Miss it, and the already distressed prope ...

Posted on 13/06/2025

Hong Kong confirmed as one of first jurisdictions targeting adoption of ISSB Standards

The Hong Kong Special Administrative Region (HKSAR) government on Thursday welcomed the publication of jurisdictional profiles by the International Financial Reporting Standards Foundation (IFRS ...

Posted on 13/06/2025

Digital Solutions the Way Forward as Financial Institutions Capitalise on Wealth Management Opportunities in Hong Kong and Singapore

When it comes to acquiring WealthTech capabilities across the value chain, institutions in Hong Kong prefer to outsource middle- and back-office functions to external vendors (21% in Hong Kong ...

Posted on 12/06/2025

China, Hong Kong stocks fall as initial Sino-U.S. trade optimism wanes

Stocks in China and Hong Kong traded lower on Thursday, led by declines in the tech sector, as markets struggled to sustain the positive momentum from the Sino-U.S. trade talks that lacked concrete ...

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