Some bondholders of Hong Kong developer Road King Infrastructure have not received coupon payments after a 30-day grace period expired on Tuesday, adding to risks in the domestic property sector amid rising debt maturities and slowing sales.
Hong Kong police probe case of ride-hailing driver working ‘without ID card’
Police have launched an investigation after a driver on a mainland Chinese ride-hailing platform purportedly told a passenger he was not a Hong Kong identity card holder, while the Immigration Department has also expressed worries about illegal employment activities.
Why Hong Kong May Soon Be the World’s Next Startup Powerhouse
Hong Kong is home to nearly 2,000 active startups, and its growth matches that of the fifth fastest-growing startup ecosystem in the world (Amsterdam), according to a new report from research firm ...
Hong Kong exporters ‘relieved’ over extended US-China truce, but worries linger
Shipments for Thanksgiving, Christmas likely to proceed unaffected, but longer-term uncertainty has dampened business confidence and cash flow Hong Kong exporters have expressed relief after a 90-day ...
China, HK stocks gain after extension of trade truce deadline
China and Hong Kong shares climbed on Tuesday, as the extension of a tariff truce between the US and China, the world’s two largest economies, helped cushion investor sentiment. Washington and Beijing ...
Bankrupt Property Developer China Evergrande to Delist From Hong Kong Exchange
The company received a letter from the regulator informing it that the Hong Kong stock exchange listing committee has decided to cancel Evergrande Group’s listing.
How China Is Bringing Hong Kong’s IPO Market Back to Life
On today’s Big Take Asia podcast, how China turned Hong Kong into a funding engine for mainland firms rushing to expand overseas.
Hong Kong’s CKI emerges as leading contender for Thames Water, The Times reports
Hong Kong's CK Infrastructure Holdings (CKI) has emerged as a leading contender to take over Thames Water and could assume control within weeks if Britain's largest water utility is placed into ...
850 turtles headed to Hong Kong uncover smuggling operation
Wei Qiang Lin of Brooklyn pleaded guilty to smuggling 850 protected turtles and reptiles to Hong Kong and labeling them as toys.
Man faces jail for smuggling turtles worth $1.4 million in socks to Hong Kong
A Chinese man admitted to smuggling around 850 protected turtles and other animals worth estimated $1.4 million from the U.S. to Hong Kong, the DOJ said.
Expedition, a startup searching for drugs from China, cuts its first deal
The startup agreed to pay Fosun Pharma as much as $645 million for a drug in testing for multiple lung conditions, including bronchiectasis.
Man admits trying to smuggle 850 protected turtles valued at $1.4 million to Hong Kong
A man admitted trying to smuggle protected turtles worth more than $1 million from New York City to Hong Kong. They were shipped in boxes labeled “plastic animal toys.” ...
China Evergrande to be delisted from Hong Kong stock exchange following debt woes
China Evergrande says it will be delisted from Hong Kong’s stock exchange on Aug. 25. A court ordered Evergrande's liquidation in January 2024 and trading of its shares has been halted since then.
Senior Hong Kong police officer given community service, driving licence suspension
Superintendent Joseph Luk bit colleague who tried to stop him from drink driving, with judge saying his career has been ‘destroyed’ as result of trial.