Fitch Ratings has maintained Hong Kong’s “AA-” credit rating and “stable” outlook, which the government has said is a reflection of the city’s strong financial position.
Hong Kong university offers unconditional admission to Harvard students
The move appears to reflect the policy of the semiautonomous Chinese region to attract talent. Read more at straitstimes.com. Read more at straitstimes.com.
Hong Kong to spend HK$300 million on flood-control steps to protect from megastorms
Authorities outline strategies and facility upgrades to better protect city from extreme weather events such as super typhoons and flooding that hit in 2023.
HSBC unveils Tokenised Deposit Service in Hong Kong for treasury management
HSBC’s Tokenised Deposit Service has gone live in Hong Kong. Tokenised Deposit Service is a blockchain-based settlement service that will support treasury management with real-time HKD and USD ...
More companies, including some from Singapore, eye listings in Hong Kong
Singapore biotech firm Mirxes began trading in Hong Kong on May 23 at a valuation exceeding US$1 billion. Read more at straitstimes.com. Read more at straitstimes.com.
This Biotech Startup Raised $34 Million For Urine-Based Tests To Help Diagnose Cancer
A grantee of the Gates Foundation, Hong Kong-based Phase Scientific built a business on the back of Covid-19 tests. Up next: using urine to compete with industry ‘gold standard’ HPV screening methods.
Hong Kong stocks on track for sixth week of gains on upbeat China outlook
Chinese pharmaceutical stocks got a boost from a strong debut of Jiangsu Hengrui Pharmaceuticals, the nation’s biggest drug maker by market capitalisation, which surged 29 per cent on its debut in ...
Hong Kong property tycoon fetches HK$72.9 mil in wine auction
Joseph Lau, the former chairman of Hong Kong real estate firm Chinese Estates Holdings, is a well-known collector. The sale offered more than 200 lots of wine.
Hong Kong customs arrests 3 over alleged HK$61 million money-laundering case
Hong Kong customs has arrested three people suspected of laundering about HK$61 million (US$7.8 million) in illegal funds, with the trio allegedly conducting more than 10,000 transactions in a year.
Chinese firms’ stellar Hong Kong debuts spur hopes of valuation shift
H-shares as a whole still trade at a discount of 32% to A-shares, compared with a low of 28% in March, according to the Hang Seng Stock Connect China AP Premium Index ...
Architect Norman Foster, who designed HSBC’s Hong Kong HQ, reflects on his legacy
A thread connects Foster’s groundbreaking Hong Kong projects to his experimental installation at the Venice Biennale of Architecture.
Chinese Drugmaker’s Shares Jump in Strong Hong Kong Debut
Shares of Jiangsu Hengrui Pharmaceuticals soared Friday morning, as more companies seek to tap Hong Kong’s capital markets.
How DBS drives changes with lasting impact for Hong Kong’s ageing population
DBS bank and its Foundation work with local partners to offer under-privileged improved long-term health and financial resilience.
Hong Kong property tycoon’s wine collection fetches US$9.3mil at auction
Hong Kong businessman Joseph Lau sold a collection of fine wine for HK$72.9 million (US$9.3 million) in an auction, fetching more than $41,000 a bottle for some rare French vintages.