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Posted on 26/02/2025

As DeepSeek knock-offs flourish, China curbs false trademarks capitalising on AI hype

China rejects dozens of trademark applications for the name DeepSeek, as Hong Kong sees questionable companies bearing the start-up’s name.

Posted on 26/02/2025

Hong Kong to entice bid spenders by turning LIV Golf into long-term fixture

City’s 2025 budget also lays out plans to attract more business travellers by developing MICE sector, building ties with Middle East.

Posted on 26/02/2025

Hong Kong pledges $127.67 million to create AI institute

Hong Kong said on Wednesday that it is setting aside $127.67 million to create an artificial intelligence research institute that will conduct research and development.

Posted on 26/02/2025

Invesco QQQ ETF slips in Hong Kong trading debut amid jitters around US tech giants

The world’s fifth-largest ETF began trading in Hong Kong for the first time, giving investors access to top US tech firms during Asian trading hours.

Posted on 26/02/2025

Hong Kong outlines plans to leverage strategic positioning, boost global connectivity

HONG KONG -- The Hong Kong Special Administrative Region (HKSAR) will continue to leverage its strategic positioning as the "three centers and a hub" and make good use of the advantages of "one ...

Posted on 26/02/2025

Hong Kong to launch scheme to facilitate tech listing applications

Hong Kong will launch a scheme to facilitate listings of tech companies on the stock exchange, the latest move to boost the appeal of the fundraising hub amid growing appetite among Chinese companies to raise funds offshore.

Posted on 26/02/2025

Tech surge helps Hong Kong lead most Asian markets higher

Hong Kong stocks resumed their impressive start to the year on Wednesday as they rocketed more than three percent on the back of a surge in tech firms fuelled by fresh optimism over the sector in ...

Posted on 26/02/2025

Asia: Most markets rebound as Hong Kong tech rally resumes

ASIAN markets mostly rose on Wednesday after a poor start to the week, with Hong Kong boosted by a rebound in tech firms that had taken a hit from US moves to curb Chinese investments in the country.

Posted on 26/02/2025

Hong Kong to slash public spending, build AI institute

Hong Kong will cut public spending and restore fiscal balance by mid-2027 after a string of huge deficits, the city's finance chief said Wednesday as he unveiled growth plans including an artificial ...

Posted on 26/02/2025

Hong Kong is to cut thousands of civil service jobs and invest in AI to tackle a rising deficit

Hong Kong will cut thousands of civil service jobs and boost spending in artificial intelligence as it seeks to tackle an increasing deficit.

Posted on 26/02/2025

Chinese Electric Truckmaker Zhizi Is Said to Plan $200 Million Hong Kong IPO

Chinese electric truckmaker Zhizi Automobile Technology Co. is considering an initial public offering in Hong Kong that could raise about $200 million, according to people familiar with the matter.

Posted on 26/02/2025

Mixue’s Hong Kong IPO Smashes Records as Share Sale Is Oversubscribed More Than 5,125-Fold

Apart from being leader of the pack in China’s crowded modern tea sector, Mixue’s shares were in such high demand thanks to Hong Kong’s new IPO system, called FINI, rolled out in November 2023. This ...

Posted on 26/02/2025

Hong Kong to slash 10,000 civil service jobs, push AI in bid to reverse deficit

Hong Kong aims to cut spending by slashing 10,000 civil service jobs in an effort to rein in a rising deficit, and plans a big AI push as it navigates headwinds from global economic uncertainty, ...

Posted on 26/02/2025

Budget 2025: Hong Kong to bolster role in wealth, listings, digital assets, yuan

We are pressing ahead with high-quality development of Hong Kong’s international financial market,’ financial secretary says.

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