Major Hong Kong developer Sino Land reported a more than 30 per cent drop in earnings for the first half of its financial year amid a slow pace of recovery in the city’s property sector. The company ...
Hong Kong’s latest budget aims to cut spending to tackle record HK$87b deficit
Hong Kong Finance Secretary Paul Chan has unveiled a "belt-tightening" budget aimed at ending the city's series of record-high deficits. The city is projected to mark its third consecutive financial ...
13 things you need to know about in Hong Kong’s 2025 budget
Hong Kong’s finance chief has revealed a series of measures to strictly control government expenditure as the city grapples with an estimated deficit of HK$87.2 billion in the 2024-25 financial year ...
As DeepSeek knock-offs flourish, China curbs false trademarks capitalising on AI hype
China rejects dozens of trademark applications for the name DeepSeek, as Hong Kong sees questionable companies bearing the start-up’s name.
Hong Kong to entice bid spenders by turning LIV Golf into long-term fixture
City’s 2025 budget also lays out plans to attract more business travellers by developing MICE sector, building ties with Middle East.
Hong Kong pledges $127.67 million to create AI institute
Hong Kong said on Wednesday that it is setting aside $127.67 million to create an artificial intelligence research institute that will conduct research and development.
Invesco QQQ ETF slips in Hong Kong trading debut amid jitters around US tech giants
The world’s fifth-largest ETF began trading in Hong Kong for the first time, giving investors access to top US tech firms during Asian trading hours.
Hong Kong outlines plans to leverage strategic positioning, boost global connectivity
HONG KONG -- The Hong Kong Special Administrative Region (HKSAR) will continue to leverage its strategic positioning as the "three centers and a hub" and make good use of the advantages of "one ...
Hong Kong to launch scheme to facilitate tech listing applications
Hong Kong will launch a scheme to facilitate listings of tech companies on the stock exchange, the latest move to boost the appeal of the fundraising hub amid growing appetite among Chinese companies to raise funds offshore.
Tech surge helps Hong Kong lead most Asian markets higher
Hong Kong stocks resumed their impressive start to the year on Wednesday as they rocketed more than three percent on the back of a surge in tech firms fuelled by fresh optimism over the sector in ...
Asia: Most markets rebound as Hong Kong tech rally resumes
ASIAN markets mostly rose on Wednesday after a poor start to the week, with Hong Kong boosted by a rebound in tech firms that had taken a hit from US moves to curb Chinese investments in the country.
Hong Kong to slash public spending, build AI institute
Hong Kong will cut public spending and restore fiscal balance by mid-2027 after a string of huge deficits, the city's finance chief said Wednesday as he unveiled growth plans including an artificial ...
Hong Kong is to cut thousands of civil service jobs and invest in AI to tackle a rising deficit
Hong Kong will cut thousands of civil service jobs and boost spending in artificial intelligence as it seeks to tackle an increasing deficit.
Chinese Electric Truckmaker Zhizi Is Said to Plan $200 Million Hong Kong IPO
Chinese electric truckmaker Zhizi Automobile Technology Co. is considering an initial public offering in Hong Kong that could raise about $200 million, according to people familiar with the matter.