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Posted on 06/08/2025

Netflix-Style iQiyi Said to Seek $300 Million in Hong Kong Debut

IQiyi Inc. is seeking to raise $300 million in a Hong Kong market debut this year, becoming the latest US-listed Chinese firm to tap investors closer to home.

Posted on 06/08/2025

Hong Kong retail tenants adapting to changing spending patterns: Fortune REIT

Justina Chiu, CEO of Fortune REIT discusses the factors impacting recent rental reversions for the neighborhood mall owner, saying that she is seeing an improvement in the macro economic environment.

Posted on 06/08/2025

Hong Kong pummeled by record-setting rain

The Hong Kong Observatory says it has recorded 355.7mm of rainfall, making it the highest daily rainfall recorded for August since records began in 1884.

Posted on 06/08/2025

Hong Kong issued 51 rainstorm signals for 2025 so far, beating whole-year record

Veteran meteorologist warns that global warming could mean more instances of extreme wet weather in Hong Kong are likely to occur in long run.

Posted on 06/08/2025

80-year-old Hong Kong taxi driver arrested after tourist fatally struck by vehicle

An 80-year-old taxi driver has been arrested after he lost control of his vehicle, killing a tourist from the Philippines, according to the HK police.

Posted on 06/08/2025

Record-breaking Hong Kong deluge shuts down schools, hospital wards

Blackened skies unleashed torrential rains on Hong Kong on Tuesday (August 5), shutting hospitals, schools and law courts, and turning the Asian financial center's many staircases into waterfalls.

Posted on 06/08/2025

Mainland China, Hong Kong stocks edge higher on hopes for Sino-US trade deal

SHANGHAI/SINGORE, - Mainland China and Hong Kong stocks edged higher on Wednesday, underpinned by market hopes for an extended trade truce between the United States and China to reach a final deal.

Posted on 06/08/2025

Hong Kong police on hunt for man who used fake bills in Patek Philippe, Richard Mille deal

Owners of Patek Philippe and Richard Mille timepieces discover they were given counterfeit banknotes about 30 minutes after suspect flees.

Posted on 06/08/2025

China Market Update: Massive Inflow Into Hong Kong Stocks From Mainland China Overnight

Asian equities had a strong day, led by Australia, South Korea, Taiwan, Thailand, and Vietnam, while India underperformed, as the US dollar weakened overnight.

Posted on 06/08/2025

Hong Kong Asks Insurers to Return Investing Roles From Singapore

Life insurers have become the latest target in Hong Kong’s efforts to compete with Singapore in retaining talent and capital.

Posted on 06/08/2025

Record-breaking deluge in Hong Kong wreaks havoc with 11-hour black rainstorm signal

Record-breaking torrential downpours hit Hong Kong on Tuesday and brought the city to a standstill with its second-longest black rainstorm warning in effect for more than 11 hours, as authorities ...

Posted on 05/08/2025

Hong Kong issues highest weather warning, as rains shut schools, courts and hospital wards

Hong Kong's weather bureau said its highest "black" rainstorm warning would remain in place until 11 a.m. on Tuesday, as heavy rains lashed the Asian financial hub, closing hospital wards, schools, ...

Posted on 05/08/2025

Hong Kong hit by flooding after flurry of rainstorm warnings

Parts of Hong Kong were brought to a standstill by flooding caused by heavy rains on Tuesday, after the highest-tier rainstorm warning was issued for the fourth time in eight days.Tuesday's "black" ...

Posted on 05/08/2025

Hong Kong cancels passports, bans financial support for wanted overseas activists

Hong Kong authorities on Monday strengthened a crackdown on 16 overseas-based activists who were previously targeted by bounties on suspicion of endangering national security, implementing measures ...

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