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Posted on 24/06/2025

Growing China trade prompts Hong Kong joint venture for Saudi cargo carrier

Saudi story’ is rapidly growing across all sectors, creating many long-term opportunities for the logistics player, CEO says.

Posted on 24/06/2025

Head of Malaysian Chamber of Commerce in Hong Kong expected to move into new role

Gan Khai Choon, who has led business lobby since its inception in 2014, says he may switch to less hands-on role.

Posted on 23/06/2025

How tariff uncertainties will impact Hong Kong home prices

There is still a significant amount of unsold inventory. The Hong Kong residential market is currently influenced by several factors, including interest rates, the number of unsold units, and the ...

Posted on 23/06/2025

Chinese chip designer Montage Technology reportedly hires banks for $1 billion Hong Kong IPO

Chinese mainland's chip designer Montage Technology Co has reportedly hired banks for its planned listing in the Hong Kong Special Administrative Region that could raise about $1 billion. The Shanghai ...

Posted on 23/06/2025

Hong Kong billionaire heir Jeremy Fok marries Thai girlfriend of 6 years

Jeremy Fok, the youngest son of Hong Kong business tycoon Timothy Fok, has married his Thai girlfriend Purisa Songsombat—also known as Namfon—his father confirmed to the media.

Posted on 23/06/2025

Hong Kong housing authorities cancel contracts with firm linked to 5 site deaths

Aggressive Construction Company has now lost all six of its projects despite obtaining temporary court order to lift ban on its licence.

Posted on 23/06/2025

Seeking out ‘soft resistance’ will harm Hong Kong artists, prominent playwright says after minister’s warning of scrutiny

Actively looking for “soft resistance” will harm Hong Kong artists and their works, prominent playwright Candace Chong has said, after a minister vowed to scrutinise event subsidies and performance ...

Posted on 23/06/2025

Hong Kong’s New World Development ‘actively engaged’ with creditors on loan refinance

Hong Kong's New World Development is actively negotiating with creditors to refinance substantial loans amidst growing concerns over its high debt ratio, potentially indicating a crisis in the ...

Posted on 23/06/2025

China’s Mainland-Hong Kong Payment System Launch Sparks Fintech Stock Rally

The People's Bank of China and the HKMA launched the Payment Connect yesterday, according to the HKMA's recent press release. The system links the mainland’s Internet Banking Payment System (IBPS) ...

Posted on 23/06/2025

Hong Kong, China launch Payment Connect for faster cross-border payments

Supported services include instant remittance services, amongst others. The central banks of Hong Kong and China have pushed forward Payment Connect, which sees in their clearing centres cooperate to ...

Posted on 23/06/2025

Hong Kong’s New World downplays debt-deal rumours as analysts see path out of crunch

Government rhetoric about bank leniency towards developers is ‘favourable’ for the debt-laden company, Morningstar analyst says.

Posted on 23/06/2025

Hotel-to-student hostel conversions won’t hurt tourist capacity: Hong Kong official

Hong Kong’s move to repurpose excess office and hotel spaces to meet the growing housing needs of non-local students will not hurt the city’s tourism capacity, a senior official has said, while a ...

Posted on 23/06/2025

Montage is said to hire banks for US$1 billion Hong Kong listing

HONG KONG] Chinese chip designer Montage Technology has hired banks for its planned Hong Kong listing that could raise about US$1 billion, according to sources familiar with the matter. Read more at ...

Posted on 23/06/2025

Sanhua shares fall in Hong Kong debut, first drop in 2025’s club of billion-dollar IPOs

Trading under the code 2050, the stock began trading at HK$20.95, 7.2 per cent lower than its offer price of HK$22.53.

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