A Chinese tycoon’s $271 million mansion in the luxurious Peak neighborhood of Hong Kong was taken away by a bank, just years after the businessman made headlines with his record-breaking shopping ...
Hong Kong stocks waver as Alibaba and Kuaishou extend rally while China Life slumps on earnings concerns
Alibaba climbs for a second day after a bullish market response to its proposed business reorganisation; Kuaishou surges as 2022 revenue beat consensus Losses in China Life, Baidu and Lenovo take the ...
Hong Kong’s reopening boosts optimism in wealth management
Amy Lo has just returned from a business trip to the Chinese commercial hub of Shenzhen and is full of optimism. The Hong Kong-based private banker has enjoyed her first outing to mainland China in three years, after tough Covid-19 restrictions left the ...
Hong Kong stocks waver as Alibaba and Kuaishou extends rally while China Life slumps on earnings concerns
Most Hong Kong stocks weakened as losses Baidu and China Life dragged the benchmark index down from a three-week high. Alibaba Group reached a five-week high, while Kuaishou Technology and PetroChina ...
HSBC HOLDINGS Drifts Lower by Almost 6% on Fear of High-risk Bond Exposure
HSBC HOLDINGS (00005.HK) drifted 5.9% lower to close the midday at $50.65, as risk aversion was fueled further by HSBC's high-risk bond exposure linked to Credit Suisse (CS.US)... Prior to this, ...
IPO funds raised globally may have plummeted 61 per cent in first quarter amid banking crisis, high inflation, EY says
"This has affected the number of IPOs in the first quarter. "Hong Kong, which is an international financial centre, was more affected by international events such as the banking turmoil in the United ...
Asia markets headed for mixed open with Hong Kong set to extend gains
This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets are set for a mixed open on Thursday with Hong Kong looking to extend its gains. The Hang Seng index futures are standing ...
Hong Kong start-up wins first Deignan Award
A seven-year-old Hong Kong start-up has won the first gold Deignan Award for Responsible Entrepreneurship. GoGoChart Technology has provided digital solutions to more than 2,000 in different sectors ...
Phillips Plans to ‘Shake Up the Sale Calendar’ With More Auctions in Hong Kong
This year’s Art Basel Hong Kong, the first to welcome international visitors without strict travel restrictions since the pandemic, also marked the much-anticipated opening of auction house Phillips’ ...
Hong Kong: the national security trial of Jimmy Lai, a symbol of press freedom, will begin in six months
On 25 September 2023, six months from now, British national Jimmy Lai, a symbol of press freedom in Hong Kong, will be tried under national security charges for which he faces a life sentence. Lai, ...
Hong Kong art market hits pre-pandemic highs despite curbs
As thousands of visitors streamed through a Hong Kong exhibition hall and deals were struck for works by Picasso and Yayoi Kusama, art collectors celebrated the Asian financial hub's return to its ...
Hong Kong coffers can’t handle cost of building 2 mega projects at same time, top economist warns
director of the ACE Centre for Business and Economic Research, on Wednesday echoed the views of Regina Ip Lau Suk-yee, the top adviser on the city's key decision-making Executive Council, and came a ...
Logistics startup Lalatech files application for Hong Kong IPO
has submitted an application to the Hong Kong stock exchange for an initial public offering (IPO). Founded in 2013 as a mobile app-based on-demand delivery service platform, the company operates under ...
Hong Kong must ‘embrace and facilitate’ movement of global firms to city, says finance chief Paul Chan
Hong Kong’s place as one of the world’s top financial hubs is based not only on its ready access to mainland capital and as the home ground for many Chinese firms, but also due its attractiveness for ...