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Posted on 28/02/2025

Hong Kong invests $125M in AI, expands Cyberport’s supercomputing power

Hong Kong’s Cyberport, a government-backed business hub focused on Web3, blockchain and artificial intelligence, is ramping up its investment in emerging technologies to position the city as a global ...

Posted on 28/02/2025

Chinese mainland investors drive surge in Hong Kong stocks

China's mainland investors have played an unprecedented role in a rally on Hong Kong's equity market that has pushed the benchmark index to its highest level since 2022. Mainland investors typically ...

Posted on 28/02/2025

Hang Seng Bank welcomes HK budget initiatives

Meanwhile, HSBC’s CIO expects AI to benefit from the announced plans. Hang Seng Bank has welcomed the recently announced budget initiatives for 2025-26, saying that they will “fuel further economic ...

Posted on 28/02/2025

HSBC, Standard Chartered among 24 Hong Kong lenders to get funds from yuan trade facility

The authority said each bank was granted a specific quota based on the scale of their business and the lenders in turn would provide yuan-denominated trade financing to their corporate clients.

Posted on 28/02/2025

Hong Kong lived-in home prices fall to lowest point in 8 years in January

Hong Kong’s lived-in home prices fell in January to their lowest point in more than eight years, though some analysts expressed optimism that they would bottom out in the first half of the year due to ...

Posted on 28/02/2025

Hong Kong’s ‘superman’ billionaire and the battle over the Panama Canal

The company founded by 96-year-old Li Ka-shing is caught up in Donald Trump’s complaints about China’s influence ...

Posted on 28/02/2025

Budget 2025: pay freeze for Hong Kong public servants, commercial land sales paused – as it happened

Chan on Wednesday also revealed the deficit had reached HK$87.2 billion (US$11.2 billion) for the 2024-25 financial year. He earlier estimated it would hit HK$100 billion, more than double what he ...

Posted on 28/02/2025

Hong Kong home prices soften for a second month in January

Hong Kong's home prices fell for a second straight month in January, government figures showed on Friday, as potential homebuyers searched for more positive market signals amid a weak economic outlook ...

Posted on 28/02/2025

China’s Chery Auto applies for Hong Kong IPO

China's Chery Automobile has applied for an initial public offering in Hong Kong, seeking funds to develop new vehicles and technologies as well as to expand in global markets and improve domestic ...

Posted on 28/02/2025

China’s Chery Auto files IPO application in Hong Kong

China's Chery Automobile has submitted an application for an initial public offering in Hong Kong, according to a prospectus published on Hong Kong Stock Exchange on Friday.

Posted on 28/02/2025

New budget guides Hong Kong’s economy towards steady growth: various sectors

HONG KONG -- Various sectors in Hong Kong believed that the Hong Kong Special Administrative Region government's 2025-26 budget, which was released on Wednesday, is a comprehensive, robust, and ...

Posted on 28/02/2025

Hong Kong’s ‘soft power’ can give tourism sector a boost, experts say

Budget cuts for tourism sector do not necessarily mean less development for the industry, lawmakers and insiders argue The development of Hong Kong's "soft power" will help to bring in more visitors ...

Posted on 28/02/2025

China tech startups race to capitalise on DeepSeek fever, Xi’s meeting

Chinese technology startups are racing for fresh fundraising to capitalise on the DeepSeek-induced fervor towards artificial intelligence, as well as President Xi Jinping's recent show of support to ...

Posted on 28/02/2025

Hong Kong Joins Global Stadium Race With New $4 Billion Sports Park

On Saturday, Hong Kong will officially open a new 50,000-seat stadium with a gala event, part of its bid to compete with cities around the region that are spending billions of dollars on ...

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