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Category: FINANCE

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 ...

Posted on 12/06/2025

Ant unit to seek stablecoin permits in Hong Kong, Singapore: sources

HONG KONG] Jack Ma-backed Ant Group’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, according to people familiar with the matter. Read more at The ...

Posted on 12/06/2025

Chery’s stock to debut in third quarter as carmaker uses Hong Kong as global springboard

Chery is working with the Hong Kong units of CICC, Huatai Securities and GF Securities in an IPO that could raise about US$1.5 billion, Bloomberg reported Chery Automobile, China's second-largest ...

Posted on 12/06/2025

With stablecoin law, Hong Kong looks for ‘first-mover’ edge over US, Singapore in payments

Being a "first mover" in stablecoin legislation "reflects the determination" of the city's government to "unlock value that they see in this sector, given the number of hurdles from past incidents", ...

Posted on 12/06/2025

Hong Kong’s e-HKD Program Enters Critical Phase – Here’s What It Means

Hong Kong is testing how its digital currency performs in live financial workflow with major institutions including Visa, ANZ, and Fidelity.

Posted on 11/06/2025

Haitian eyes US$1.22 billion Hong Kong IPO as soy sauce maker joins beeline for the city

The company is offering 263.2 million H shares at a maximum price of HK$36.30 each, with the final offer price to be determined on or before June 17.

Posted on 11/06/2025

Biotech Firm MediLink Is Said to Hire Banks for Hong Kong IPO

MediLink Therapeutics Ltd. has hired China International Capital Corp., JPMorgan Chase & Co. and Morgan Stanley for a planned initial public offering in Hong Kong, according to people familiar with ...

Posted on 11/06/2025

Hong Kong girl, 17, rescued from fire ‘likely caused by power bank’

Firefighters then broke into the flat and saved the girl, who was sent to Yan Chai Hospital in Tsuen Wan for smoke inhalation. The Fire Services Department said the fire, suspecte ...

Posted on 11/06/2025

Foshan Haitian Seeking to Raise Over $1 Billion in IPO

Shanghai-listed Foshan Haitian Flavouring & Food is the latest Chinese company seeking a secondary listing in Hong Kong.

Posted on 11/06/2025

Hong Kong’s Chan Says IPO Pipeline Is ‘Very Strong’

Hong Kong Financial Secretary Paul Chan says the IPO pipeline is "very strong" and that the "central authorities are very supportive" of mainland Chinese companies coming to the city for listings. He ...

Posted on 11/06/2025

China’s No 5 EV battery maker Eve Energy jumps on Hong Kong IPO bandwagon

The firm joins more than a dozen smart-mobility companies from mainland China aiming to raise funds amid the city’s listing surge.

Posted on 11/06/2025

Hong Kong’s millionaire density trails only mainland China: report

It noted Hong Kong as having one of the highest millionaire densities in the world, second only to mainland China. Hong Kong’s adult population holds a combined US$3.9t in wealth, outpacing regional ...

Posted on 11/06/2025

ISTIF 2025 Hong Kong Conference Thematic Forum Explores Hong Kong’s Development Strategy

Leveraging the Advantages of Connecting with Both the Mainland and the World to Foster Global Innovation and Technology(I&T) Collaboration Hong Kong, China--(Newsfile Corp. - June 10, 2025) - ...

Posted on 11/06/2025

Aon’s White Rock spotlights HK bribery case in Vesttoo-lawsuit against China Construction Bank

In its New York lawsuit against China Construction Bank (CCB) over the Vesttoo fraud, Aon’s segregated accounts company White Rock Insurance (SAC) Ltd.

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