According to HKEX CEO Nicolas Aguzin, digital start-ups, biotech companies and firms wishing to go international should look to Hong Kong for their IPOs.
More Hong Kong workers make voluntary contributions to MPF as returns shrink by 21 per cent
Mandatory Provident Fund assets drop from HK$1.12 trillion a year ago to HK$1.11 trillion in financial year ending on March 31 Fund authority reveals number of voluntary contribution accounts rose ...
Hundreds of Hong Kong parents demand money back after tutoring group Brilliant Education abruptly closes doors
Brilliant Education, which runs five centres, posted notices on branch doors saying it had permanently closed on Saturday after its 'historical mission [had] been fulfilled' Parents join fast-growing ...
Hong Kong’s economic growth to taper off in second quarter, fresh ideas needed to raise competitiveness amid new spending habits: Paul Chan
Financial Secretary Paul Chan expects year-on-year GDP growth to continue in second quarter, but at lower rate than 2.7 per cent rise in first three months of the year Challenges from new consumption ...
Hong Kong business banking app Currenxie to launch EU expansion from Dublin HQ
Currenxie, a Hong Kong-based business banking app, is to establish its European headquarters in Dublin. The company provides virtual accounts and cross-border payments for businesses. It plans to ...
HSBC Buys Back 4.71M Shrs for Almost $300M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.7101 million shares in the UK and Hong Kong markets yesterday (19th), involving a total of about HK$298 million.... HSBC HOLDINGS ...
BOC Economist Notes Possible Link Between CN MOF’s Additional Issue of Govt Bonds in HK & Forex Mkt Situation
The Ministry of Finance (MOF) will issue RMB12 billion of government bonds in Hong Kong on August 2, which is RMB6 billion more than the original plan. Guan Tao, Global Chief Econ ...
Hong Kong’s West Kowloon Cultural District Authority searches for money to avert financial crisis as endowment set to run out in 2025
Lengthy contracts with developers under build-operate-transfer framework and income-sharing model at arts hub in spotlight CEO of West Kowloon Cultural District Authority Betty Fung says ...
Interior Designer Parent Junee Files for 2M-Shr IPO
By Dean Seal Junee, the holding company for the Hong Kong-based OPS Interior Design Consultant, has filed for an initial public offering. The holding ...
Hong Kong authority ups rates, matching Fed, says banks’ bad loans remain steady
The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 25 basis points to 5.75%, the highest in 16 years, hours after the U.S.
A Hong Kong court rejects a government-requested ban on popular protest song after Google’s defiance
A Hong Kong court has rejected a ban on broadcasting or distributing the protest song “Glory to Hong Kong,” in a landmark decision that rejected a challenge to freedom of expression in the city.
Ant Group plans restructuring ahead of Hong Kong IPO
Ant Group is considering a restructuring that would separate operations, such as blockchain, database management services, and international business, ...
Hong Kong urges U.S. not to bar sanctioned city leader from key economic summit amid rising tensions with China
Hong Kong government on Friday called on the United States to invite its city leader to the Asia-Pacific Economic Cooperation meeting, after reports that Washington would bar the top official from the ...
Stock market today: Asian shares mixed, Tokyo falls as Bank of Japan adjusts bond purchase policy
Asian shares are mixed after the Bank of Japan adjusted its bond purchase policy but kept its negative benchmark interest rate unchanged ...