PROPERTY developer Hongkong Land on Friday (Mar 7) posted an underlying profit of US$410 million for the financial year ended Dec 31, 2024, down 44 per cent from US$734 million a year ago. Read more ...
‘An IPO connect can meet the demand for mainland investors to invest in global assets,’ Peter Wong says
Beijing could explore allowing investors on the mainland to put money into initial public offerings (IPOs) in Hong Kong, along with other enhancements to existing cross-border investment mechanisms, ...
Star Entertainment sells Brisbane assets to Hong Kong partners for financial lifeline
Australia's Star Entertainment is selling its half-share in a Brisbane entertainment complex to its Hong Kong partners for A$53 million ($33.4 million) in a last-minute bailout for the cash-strapped ...
MTR CEO talks about adapting to Hong Kong’s ‘new normal’
MTR CEO Jacob Kam talks about the challenges that Hong Kong's rail network and properties are facing, as both travel and retail slowly recover and cope with expanding competition.
“Home demand is keen”: govt rejects oversupply claims
Authorities insist there is still keen demand for housing, citing a low vacancy rate for private flats, in response to a market report suggesting ...
China fresh-tea brand Chagee follows Mixue, Guming in IPO rush with New York plan
Company receives approval for Nasdaq or NYSE listing after Beijing’s pledge to help more mainland companies raise funds.
Pay freezes won’t fix Hong Kong’s chronic fiscal problems
Reliance on salary freezes and workforce reductions has become a recurring theme. But they fail to address the public sector's inefficiencies Hong Kong's recent budget measures, announced by Financial ...
Australia’s Star Entertainment to get $33 million from Hong Kong investors in asset swap deal
Australia's Star Entertainment will receive a total balance payment of A$53 million ($33.41 million) in an asset swap deal with its Hong Kong investors Far East Consortium International and Chow Tai ...
World Grand Prix: John Higgins enjoys ‘stunning’ Hong Kong after banishing ‘negative energy’
The four-time world snooker champion John Higgins said he had survived a constant battle with “negative thoughts and negative energy” to embark on his nine-match winning run in mainland China and Hong Kong. An immaculate Higgins beat world No 2 Kyren ...
Handouts not the only answer to birth rate in Hong Kong
Childcare and flexibility in the workplace are also important, surveys of Hong Kong women have found The number of births in Hong Kong surged by 11 per cent to 36,700 last year, but it was still the third lowest since data began in 1961.
‘Innovative aircraft processing plant planned for Hong Kong’s Northern Metropolis’
First-of-its-kind facility in Asia expected to generate thousands of jobs and open up a lucrative industry in the city A leading French aeronautic services company plans to set up an aircraft parts processing and trading centre in Hong Kong's Northern Metropolis,
Asian IPO boom must evolve to survive: Raychaudhuri
Asian IPOs have raised far more money than American public offerings in recent years, largely due to activity in India and China. But for the momentum to continue, valuations need to become more ...
Hong Kong’s Hang Seng surges to 3-year high
It's not just European bourses that have been outperforming the U.S. in 2025. Hong Kong's Hang Seng equity index surged a further 3.3% on Thursday to hit levels last seen in mid February 2022. The ...
Keen demand for housing: Govt
The Government disagrees with an observation made in a report by S&P issued on March 5 that there is an oversupply of residential properties in Hong Kong, noting that data shows a keen housing demand.