HONG KONG (AP) — Hong Kong’s top American diplomat said on Thursday that the policies of the Chinese and Hong Kong governments have curtailed freedoms, pointing to the cases of jailed prominent ...
China AI chip firm Biren raises new funds, plans Hong Kong IPO, say sources
BEIJING (Reuters) -Chinese AI chip startup Biren Technology has raised about 1.5 billion yuan ($207 million) in fresh funding and is preparing for a Hong Kong initial public offering, people familiar ...
China Opens First Offshore Gold Vault in Hong Kong
The Shanghai Gold Exchange has expanded outside mainland China for the first time, with the rollout of two new contracts and a bullion vault in Hong Kong. Most Read from BloombergUS Renters Face Storm ...
Hong Kong’s IPO market is on fire; these 3 factors are driving the boom: HSBC
Beijing is keen to support some Hong Kong-listed red chip companies to list in the mainland, Steven Sun from HSBC Qianhai Securities says valuation gap between A and H shares as well as regulatory ...
Hong Kong Is Future-Proofing Its Crypto Ambitions With a New Policy Push
Hong Kong has released a new digital asset policy to expand its crypto ecosystem. The statement builds on its 2022 framework and introduces the “LEAP” ...
Hong Kong intervenes to defend US dollar peg as local currency drops
In contrast, most other Asian central banks are trying to cool their currencies’ gains versus the dollar. Read more at straitstimes.com. Read more at straitstimes.com.
The Hong Kong property developer rushing to refinance billions of dollars in loans
New World Development borrowed money for projects that people inside and outside the company have characterised as “aggressive”. They include a HK$20bn (US$2.6bn) retail and office space near Hong ...
Hong Kong home prices little changed in May
Hong Kong's home prices largely stayed flat in May, government figures showed on Thursday, supported by falling mortgage rates. BY THE NUMBERS Private home prices edged up only 0.03% in May from the ...
Hong Kong stocks slip as HKMA currency intervention stokes rate concerns
Banks and developers pace losses; HKMA had forewarned that intervention to halt local currency weakness would tighten liquidity and pressure rates.
China opens first offshore gold vault and contracts in Hong Kong
Trading will be conducted in yuan and settled by cash or physical delivery, including to the new vault operated by Bank of China Ltd.’s Hong Kong unit, the SGE said in a statement ...
Insurer FWD Plans to Raise Over $400 Million in Hong Kong IPO
FWD Group, an insurer backed by Hong Kong’s richest family, plans to raise over US$400 million via an initial public offering, joining the wave of companies flocking to tap the city’s market. The ...
Hong Kong’s De Facto Central Bank Intervenes as Currency Hits Weak End of Trading Range
The city's currency is pegged in a narrow range of 7.75-7.85 to the greenback, and the Hong Kong Monetary Authority (HKMA) intervenes at both ends to underpin the peg. HKMA's intervention comes after ...
Hong Kong places first as most international city in Asia for 2025, followed by Singapore
In the first edition of the "Asian Cities Internationality Index," Hong Kong placed first as the most international city in Asia in 2025.
Richard Li’s FWD files for US$512 million Hong Kong IPO amid slew of jumbo deals
Insurer will get a market value of HK$48.3 billion based on its IPO price of HK$38 each, before an overallotment option.