Hong Kong’s technology enterprises are set to benefit from the city’s annual budget as the government plans to roll out investments in artificial intelligence research.
Retail portion of Mixue’s IPO sets record with nearly US$206 billion in subscriptions
The retail portion of the Hong Kong initial public offering (IPO) for China’s largest fresh-drinks chain, Mixue Group, attracted more than HK$1.6 trillion (US$205.9 billion) in subscriptions, and the ...
Hong Kong flags spending cut, AI push in bid to reverse booming deficit
Hong Kong aims to cut public recurrent expenditure by 7% from now till 2027/28 to rein in a rising deficit and plans a big AI push as it tries to mitigate headwinds from global economic uncertainty, ...
Interests partly align behind Hong Kong bourse CEO
In cards you play the cards you’re dealt, and Hong Kong Exchanges and Clearing looks at last to have a decent hand. Chief Executive Bonnie Chan caps her first year with the delivery of annual results ...
Most Asian 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.
Hong Kong expects modest growth in 2025 as Paul Chan looks to fight deficit
HONG Kong Financial Secretary Paul Chan said the economy will grow modestly this year, as he looks to shrink the city’s deficit while countering headwinds from a slowing Chinese economy and rising ...
Hong Kong stocks snap 2-day drop as investors return to tech firms following US sell-offs
Hong Kong stocks rose to halt a two-day decline as investors returned to low-valuation Chinese tech stocks, which rallied after their biggest US counterparts fell into a technical correction. The Hang ...
Hong Kong office landlords in ‘defensive’ mode amid supply glut, relocation trend
Flight to quality’ of tenants is ‘absolutely going to continue’ with lots of new supply hitting the market, JLL analyst says.
Cost control, bond issuance will be key for Hong Kong’s budget deficit: Economist
Raymond Yeung, Greater China Economist at ANZ, discusses Hong Kong government's options in tackling the budget deficit, adding the deficit may persist for several years due to a significant decline in ...
Don’t expect quick fixes from Hong Kong’s budget, economists say
Public should not expect overnight solutions from Paul Chan but rather steps showing there is no risk of deficit becoming structural, experts say Hong Kong's finance chief will deliver his "most ...
Hong Kong’s Stock Connect must upgrade to lure more foreign investors, industry body says
Asia Securities Industry and Financial Markets Association suggests implementing block trades in Stock Connect programme Foreign investors could become more confident about equity markets in Hong Kong ...
Hong Kong’s Canceled Digital Art Fair Failed to Secure Funding, Authorities Say
Digital Art Fair, which was set to open in March as part of Hong Kong Art Week, had been advertised on the websites of the Hong Kong Tourism Board and InvestHK, a government entity that deals in the ...
Hong Kong assures economic ties with Philippines
Hong Kong, a special administrative region of China (HKSAR), continues to assure the Philippine government that it is committed to building a strong economic partnership, even as recent world events ...
Investors to redevelop Hong Kong’s Kitec site into office, flats and hotel blocks
Consortium plans to give the former trade and exhibition centre a new lease of life following its permanent closure in June.