Hong Kong railway operator’s technology-investment unit has funded local battery-powered energy storage system provider Ampd Energy to finance its expansion projects in the United Arab Emirates and ...
Hong Kong Tycoons to Sell $8.4 Billion in Assets to Cut Debt
The group’s management said on a call that it will retain its Coca-Cola franchises in China, which contributes about half of its revenue from the beverages business, Hong Kong, Taiwan, Cambodia and ...
Hong Kong’s John Lee rebuts ‘badmouthing’ of national security law, stresses criminal intent key when determining guilt
Chief executive says committing acts of secession, subversion and terrorism covered by Beijing-imposed legislation all require criminal intent Presence of 10 foreign judges on Hong Kong's bench also ...
Amid shrinking press freedom, Hong Kong journalists in need of more international support
Three years after the enactment of the National Security Law in Hong Kong, a Reporters Without Borders (RSF) delegation undertook a mission to the territory to assess journalists’ safety needs and ...
Haitong to Tighten Control of Hong Kong Unit With New Co-CEO
Haitong Securities Co. is set to name its domestic securities finance chief as co-head of the Hong Kong unit, splitting the top job to tighten control after the overseas business incurred massive ...
Hong Kong Tycoons Race to Cut Debt With $8.4 Billion Asset Sales
Swire Pacific Ltd. became the second notable Hong Kong company to announce plans to offload assets in as many days as part of efforts to reduce debt in the face of rising borrowing costs.
Hong Kong-based biotech Insilico Medicine shifts IPO plan to city from New York
While Insilico has not announced an IPO timetable or amount, sources say the Hong Kong Science and Technology Park-based firm hopes to raise US$200 million.
Hong Kong to cut time between IPO pricing and trading of shares in a move likely to boost city’s appeal as listing destination
New digital interface set to launch in October will cut the settlement period from five business days to two, HKEX said on Wednesday Move will 'enhance market efficiency and strengthen the ...
Hong Kong stocks slip with SMIC pressured by potential US chip ban while JD.com tumbles after Daiwa slashes target price
Local stocks struggle for traction after a fleeting rally on Tuesday. Chip makers suffer as the US considers banning exports to China, while Daiwa slashes JD.com’s price-target by almost 20 per cent.
Hong Kong’s home prices fell 0.7 per cent in May, snapping 4-month rally amid fears of further interest rate increases
Prices of lived-in homes in Hong Kong fell for the first time since December, as buyers retreated to the sidelines amid worries over further interest rate increases and oversupply. The official ...
China’s Sichuan Kelun-Biotech opens books for $208 million Hong Kong IPO – term sheet
China's Sichuan Kelun-Biotech Pharmaceutical is looking to raise $208.6 million in a Hong Kong initial public offering, according to a term sheet seen by Reuters. The company is selling 22.44 million ...
Activist detained in Hong Kong begins final appeal for recognition of his overseas same-sex marriage
An activist detained in Hong Kong began his final appeal Wednesday seeking recognition for his same-sex marriage registered overseas, in a landmark case for the city's LGBTQ+ community. Jimmy Sham, a ...
Hong Kong exiles in UK say ‘living in fear’ of Beijing
When artists Lumli and Lumlong fled Hong Kong in 2021 they didn't tell a soul for fear of being reported and arrested before they could leave.It was after an exhibition in Hong Kong in May 2021 that ...
Hong Kong to promote diversified industrial development: financial chief
HONG KONG -- Paul Chan, financial secretary of China's Hong Kong Special Administrative Region (HKSAR) government, said on Tuesday that a new industry promotion office of the HKSAR government has ...