New RMB Business Facility aims to promote trade finance and direct investment as city builds offshore-yuan capabilities, HKMA chief says.
Hong Kong Unveils Roadmap to Bolster Bond Market, Offshore Yuan Hub
Hong Kong’s top financial regulators on Thursday unveiled an ambitious roadmap to develop the city’s fixed-income and money markets, aiming to strengthen its role as a premier offshore yuan hub and a ...
China’s Momenta considers shifting IPO to Hong Kong from New York, sources say
(Reuters) -Chinese autonomous driving developer Momenta is considering shifting its IPO to Hong Kong from New York, four people said, adding to a growing list of Chinese companies opting to debut in ...
HongShan-Backed Hong Kong Crypto Payment Startup Becomes Unicorn With $47 Million Round
Redotpay’s recent round drew participation from investors including Coinbase Ventures, Temasek’s Vertex Ventures and Galaxy Ventures.
Ask.Legal — Legal AI Built in Hong Kong Without Funding, Revolutionizing Legal Services
In a legal tech industry dominated by unicorns and billion-dollar ventures, one Hong Kong startup is rewriting the rules. Ask.Legal, developed by DocPro Limited (a Cyberport and HKSTP incubatee), is a ...
Hong Kong home prices rise slightly while rents near historic peak amid gradual recovery
Hong Kong’s lived-in home prices rose by 0.14 per cent in August, according to the latest official data, suggesting a gradual recovery in the city’s struggling residential property market.
Hong Kong lawmakers pass bill to ban substandard tiny apartments
Hong Kong lawmakers passed a bill Friday mandating a minimum size, an exclusive bathroom and other standards in subdivided apartments — a common living arrangement in one of the world’s least ...
Zijin Mining’s Blistering Hong Kong Rally Fuels Record Premium
Zijin Mining Group Co.’s Hong Kong-listed shares are trading near a record premium over those in the mainland, as foreign investors rush to buy the stock of a company enjoying a boom period for gold.
Hong Kong Businesses Unprepared for Capital Flow Risks, Report Claims
A new report from global fintech Airwallex reveals a stark reality: 62% of Hong Kong businesses are woefully unprepared for the capital flow risks.
Hong Kong-founded bakery to close remaining Bay Area locations
A Hong Kong-founded bakery chain is closing its remaining Bay Area locations. Kee Wah Bakery is closing two locations next month, the business announced online. Kee Wah Bakery is closing its Cupertino ...
Hong Kong and southern Guangdong reopen after world’s most powerful cyclone Ragasa
Hong Kong and several coastal cities in China's southern Guangdong province reopened businesses, transportation services and schools on Thursday after the world's most powerful tropical cyclone this ...
Hong Kong’s coastal businesses pick up pieces after typhoon
As the storm warning for Super Typhoon Ragasa passed, Mark Cholewka returned to his stylish Hong Kong restaurant to be met by overturned tables and the pungent smell of seawater.Businesses in the ...
Hong Kong Selects ‘The Last Dance’ as Oscar Entry
Hong Kong has selected local blockbuster hit 'The Last Dance' as its submission for the best international feature film category at the Oscars.
Hong Kong and southern China reopens after powerful typhoon Ragasa
Hong Kong and cities in China's Guangdong province have reopened businesses and schools after the world's most powerful tropical cyclone this year.