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Posted on 03/01/2024

Hong Kong airport raises more than US$500 million in first local-currency bond offering, to fund third runway

The debut Hong Kong dollar offering will fund capital expenditures including the third runway at Hong Kong International Airport Both AAHK and the deal participants believe the issuance can further ...

Posted on 03/01/2024

‘Wealth for Green’: Australian family office Twynam Group to raise US$50 million for Hong Kong, Greater Bay Area decarbonisation fund

Twynam Group views Hong Kong as a financial powerhouse with a lot of family-office investors, its CEO says Twynam will raise funds in Hong Kong as it eyes Greater Bay Area start-ups as investment ...

Posted on 03/01/2024

Hong Kong Box Office Struggled to 25% Gain in 2023, Remains ‘Deeply Unsatisfactory’

Hong Kong's cinema box office in 2023 struggled to record a 25% annual gain, but the result was ‘deeply unsatisfactory’ according to trade bodies.

Posted on 03/01/2024

Overseas figures reject prosecution accusations in Hong Kong trial of Jimmy Lai

Several overseas activists, right campaigners and politicians named in Hong Kong's national security trial of democrat Jimmy Lai have rejected claims by a government prosecutor that they colluded with ...

Posted on 03/01/2024

China’s largest bubble tea makers Mixue and Guming apply for Hong Kong IPO

China's leading bubble tea makers including Mixue Bingcheng and Guming are rushing to apply for first-time share sales in Hong Kong as companies in the fast-growing sector expand aggressively amid fierce competition.

Posted on 03/01/2024

Hong Kong prosecutors allege democracy publisher Jimmy Lai urged protests, sanctions against China

HONG KONG (AP) — Prosecutors on Wednesday alleged that Hong Kong activist and publisher Jimmy Lai had encouraged the city's residents to protest and urged the U.S. to take action against the ...

Posted on 03/01/2024

Overseas figures refute allegations in Hong Kong security trial for Jimmy Lai

Several overseas activists, right campaigners and politicians named in a national security trial for Hong Kong democrat Jimmy Lai refuted allegations levelled by a government prosecutor in court that ...

Posted on 03/01/2024

Sun Hung Kai Properties, ‘survivor in a long winter’, tops Hong Kong property sales with 30% of homes sold in 2023

Sun Hung Kai Properties accounted for over a quarter of the 11,011 residential units that changed hands in 2023, topping Hong Kong's property sales table; Citigroup expects SHKP t ...

Posted on 03/01/2024

ATP TOUR RETURNS TO HONG KONG WITH SOLD OUT OPENING DAY TICKETS

According to the Hong Kong Tourism Board in a statement, the opening day tickets to the Victoria Park Tennis Stadium were all sold out by the early afternoon, and after a spectacular fireworks show on ...

Posted on 03/01/2024

Two mainland tea chains file for IPOs in Hong Kong

China's biggest tea chain MIXUE and its rival Good Me have filed to go public in Hong Kong. MIXUE has selected Bank of America, Goldman Sachs and ...

Posted on 03/01/2024

Hong Kong’s IPO Drought Casts Pall Over Region’s Businesses

A dearth of initial public offerings in Hong Kong is causing companies to suffer cash crunches and put off expansion plans.

Posted on 03/01/2024

Hong Kong home sales sink to 33-year low in 2023 amid high interest rates as sector sees glimmers of rebound in December

Transactions in 2023 fell 2.7 per cent year on year to 58,023, while value fell 13.9 per cent to HK$477.6 billion (US$61 billion), Centaline says. Property agents see growth ahead given positive ...

Posted on 03/01/2024

Green finance: Hong Kong, Greater Bay Area to fuel US$50 million decarbonisation fund run by wealthy Australian family

Twynam Group views Hong Kong as a financial powerhouse with a lot of family-office investors, its CEO says Twynam will raise funds in Hong Kong as it eyes Greater Bay Area start-ups as investment ...

Posted on 03/01/2024

Krungsri App Enables QR Payments Between Thailand and Hong Kong

Krungsri has recently expanded its services in the ASEAN region by launching cross-border QR payments between Thailand and Hong Kong.

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