The number of mortgage applications also dropped by 27.6% to 8,368 applications. Mortgage loans approved by Hong Kong lenders decreased 21.2% in April, as the number of applications also dwindled, ...
Chinese EV Maker Hozon Weighs June Filing for $1 Billion Hong Kong IPO, Sources Say
Hozon New Energy Automobile Co., a company making affordable electric vehicles in China, is considering filing for its $1 billion Hong Kong initial public offering as soon as this month, according to ...
China AI startup MiniMax raising over $250 mln from Tencent-backed entity, others – sources
Chinese startup MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of more than $250 million that will value it at about $1.2 ...
Whatever happened to … Hong Kong pro-democracy protests?
Protests began following the passage of controversial legislation that allowed for suspected criminals to be sent to China for trial. The protests were seen as a "watershed" moment for Hong Kong as ...
Hong Kong stocks poised to rebound as monetary easing boosts China’s economic recovery, says Hang Seng Qianhai Fund Management
Hong Kong stocks are likely to rebound from heavy sell-offs in the second half of the year as a potential easing of monetary policy boosts China’s economic recovery, says Hang Seng Qianhai Fund ...
HSBC DOUBLES DOWN ON SUPPORT TO INNOVATION ECONOMY IN HONG KONG AND MAINLAND CHINA DEDICATED LENDING FUND INCREASES TO USD3 BILLION
Expanding lending to climate tech, industrials, consumer, technology, and healthcare and life sciences through new "HSBC New Economy Fund"* **Rolling out venture debt in Hong Kong** HONG KONG, May ...
Hong Kong’s first step in regulating crypto comes with high costs, but exchanges are undeterred
"The ability to provide a regulated trading venue for crypto derivatives could attract significant business into Hong Kong and the volumes have the potential to be significantly higher than for spot ...
Cathay Pacific discrimination scandal: creating an inclusive Hong Kong is everyone’s business
many professionals are working tirelessly to uphold Hong Kong’s image as a world-class destination, while others are striving to rebuild business and tap the rebound in mainland arrivals after the ...
Singapore overtakes Hong Kong as the most expensive Asia-Pacific city for private homes
According to the Urban Land Institute Asia Pacific Centre for Housing, the median price of Singapore's private homes is $1.2 million, compared to $1.16 million in Hong Kong.
Hang Seng on cusp of bear market as China factories cool and JPMorgan says ‘consumer might not get stronger’
The Hang Seng is on the brink of a bear market having fallen nearly 20% from a recent peak after more data showing a slowdown in China.
10 Most Undervalued Hong Kong Stocks To Buy According To Hedge Funds
What Makes Hong Kong Special? Being a financial hub and home to some of ... Lee is also taking key measures to revive business conferences in the region, according to Bloomberg.
Chinese ChatGPT Rival Mobvoi Files for Hong Kong IPO
Google-backed Chinese artificial intelligence company Mobvoi Information Technology Co. Ltd. filed Tuesday for an initial public offering on the Hong Kong Stock Exchange. The Beijing-based startup, ...
Hong Kong’s South China Morning Post wins haul of awards for digital, print and photography both locally and internationally
Post wins 41 awards from the Society of News Design, including ‘Best in Show’ from a large organisation category for ‘Life in Hong Kong’s Shoebox Housing’.
Hong Kong consumers spoiled for choice as payment platforms offer sweeteners to win users ahead of consumption voucher release
Octopus will distribute 1 million cash coupons for participating merchants which include fast food chain McDonald’s, convenience chain Circle-K and home goods store JHC. The coupons will be given out ...