Millennium Management spinoff Modular Asset Management plans to expand to Hong Kong, the latest hedge fund arrival as the city tries to defend its status as a global financial hub.
Hong Kong’s Paul Chan meets Asean chief to promote city’s links with bloc
Survey of 600 Greater Bay Area businesses highlights bloc as top overseas destination among firms seeking to diversify supply chains.
‘Think Business, Think Hong Kong’ Opened Doors to More Fruitful, Sustainable Hong Kong-Indonesia Partnership
Some 2,000 participants explored Hong Kong's advantages and strengths - 1,500+ participants attended the full-day symposium to explore the latest business opportunities across sectors and Hong Kong's ...
Hong Kong Chinese stocks set to soar 21% in 2025, says HSBC
HSBC predicts a 21% rise in Hong Kong-listed Chinese stocks by 2025, driven by favourable policy shifts in mainland China.
Hong Kong’s US-dollar peg gets emphatic defence from HKMA CEO
"While risk management is important, let's not be swayed by unfounded concerns," Eddie Yue Wai-man said in an article posted on the authority's website on Thursday. "And let me reiterate, we have no ...
Hong Kong sees no need to change US dollar-pegged currency system
Hong Kong has no intention and sees no need to change the system that pegs the city's currency in a tight band to the U.S. dollar and has the ability to defend it, the chief executive of Hong Kong's ...
Hong Kong Monetary Authority (HKMA) launches supervisory incubator to assist banks in adopting DLTs
On January 8th, the HKMA launched an initiative to help banks adopt distributed ledger technology (DLT). The initiative will focus on tokenized deposits with the Hong Kong Central Bank, providing ...
LG CNS aims for $4.1 billion valuation in February IPO
LG CNS, the IT arm of LG Group, is aiming for a Kospi debut with a peak valuation of 6 trillion won in February.
HSBC Analysts See 21% Upside for Hong Kong-Listed Chinese Stocks
HSBC Holdings Plc is turning bullish on Chinese stocks listed in Hong Kong, touting them as beneficiaries of more “favorable policy rhetoric” in mainland China and a better outlook for the domestic ...
Hong Kong launches initiative to help banks with DLT adoption
The Hong Kong Monetary Authority (HKMA) has launched an initiative to assist banks in adopting distributed ledger technology. On Jan. 8, the Hong Kong central bank announced the launch of its ...
China Ramps Up Yuan Support With Record Hong Kong Bill Issuance
China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to add demand for the currency overseas.
Hong Kong developer NWD’s shares slump amid slow progress on cutting debt
With HK$123.7 billion (US$16 billion) of consolidated debt as of last June and HK$151.6 billion in interest-bearing loans and bonds, NWD has been scrambling to offload assets over the past year in a ...
Series of factors will conspire to limit Hong Kong stock gains in 2025: UBS
The Swiss bank expects the city’s benchmark index to rise above 20,000 by year-end, implying a gain of 3.7 per cent from Wednesday’s close.
Hong Kong’s airport authority raises US$2.4 billion from historic bond issuance
The Airport Authority of Hong Kong (AAHK) raised HK$18.5 billion (US$2.4 billion) from the largest-ever institutional bond denominated in Hong Kong dollars, joining a cohort of borrowers who are ...