Hong Kong-based Airstar Bank has fully migrated its operations to the cloud. Tencent Cloud revealed today, April 25, that Airstar Bank has fully moved to its cloud platform, successfully running ...
HKMA to help banks assess firms for trade financing by using cargo data
The initiative, called CargoX, would expand data sets and applications in the de facto central bank’s electronic platform – the Commercial Data Interchange (CDI) – in an effort to make trade financing ...
Hong Kong’s business, political elite turn out for funeral of property Lee Shau-kee
Hong Kong political and business leaders paid tribute to the city’s late billionaire property tycoon Lee Shau-kee, who led one of the biggest real estate empires in the former British territory.
China’s Ant Group enters brokerage business with $362 million Bright Smart buy
Ant Group, an affiliate of China's e-commerce giant Alibaba Group, is buying a $362 million controlling stake in Bright Smart Securities & Commodities Group, marking its first acquisition of a ...
Hong Kong pays tribute to its 2nd richest man Lee Shau Kee at memorial service
City leaders, business figures, and local residents have gathered to honor Lee Shau Kee, the former second-richest man in Hong Kong, at a memorial service organized by Henderson Land Development, the ...
Hong Kong exports up 10.9% in first quarter of 2025 amid US-China trade war
Latest official figures show imports also increased by 9.8 per cent in the period, while value of city’s exports for March alone increased 18.5 per cent.
Hong Kong know-how can help mainland Chinese tech firms expand overseas, experts say
I&T sector lawmaker Duncan Chiu said the advantages for these mainland companies to come to Hong Kong lay in the city’s mature infrastructure such as data flow, intellectual property, logistics and ...
Destination Hong Kong: Middle East countries diversifying their investments
Hong Kong strengthens economic ties with UAE & Saudi Arabia, fostering investment flows and strategic partnerships. It is also boosting cooperation with the Middle East to drive investment.
iFast plunges 12% after cutting its Hong Kong profit guidance
SINGAPORE] iFast shares plunged as much as 12 per cent on Monday (Apr 28) morning, after the investment platform operator revised its Hong Kong operations’ profit target and reported first-quarter ...
Hong Kong home prices fall for a fourth month in March
Hong Kong's home prices slipped for a fourth month in March, government figures showed on Monday, as the ailing property market faced more economic headwinds.
China’s Ant Group forays into brokerage business with $362 million Bright Smart buy
China's Ant Group is buying a controlling stake in Hong Kong-based brokerage Bright Smart Securities & Commodities Group for about $362 million, marking the fintech firm's first acquisition of a ...
Hong Kong police asked to investigate after flat catches fire twice in 2 days
Suspicious’ people were captured on CCTV inside Wah Shun House, where the flat is located, fire department spokesman says.
Hong Kong’s insurance premiums reach $83b in 2024
Both long-term and general insurance sectors registered notable increases. Hong Kong’s insurance industry’s gross premiums bagged $82.91b (HK$637.8b), driven by higher increments for both the ...
Two new IPO listings in HK aim to raise US$270m
Two stock listings, launching in Hong Kong on Monday, are seeking to raise up to US$270 million. Hainan Drinda New Energy Technology is aiming to ...