HONG KONG – Kelly Zong Fuli, the daughter of the late Chinese billionaire Zong Qinghou and current chairman of beverage giant Hangzhou Wahaha Group, is being sued in a Hong Kong court as part of an ...
Alibaba shares soar 11% in Hong Kong after stellar earnings as China’s e-commerce sector recovers
Alibaba stocks listed in Hong Kong rose following a significant profit increase for the company in the December quarter.
Budget 2025: is raising taxes the answer to Hong Kong’s ‘structural deficit’?
The Post breaks down whether Hong Kong is facing a structural deficit and whether taxing top earners can help get the city back on track Hong Kong's ballooning deficit has prompted authorities to ...
Chinese Drinks Maker Plans Over $400M Hong Kong IPO as Listing Frenzy Accelerates
Chinese fresh drinks specialist Mixue Group will start taking orders from investors to raise over US$400 million through an initial public offering in Hong Kong, which is seeing renewed interest in ...
Chinese Bubble Tea Chain Mixue Aims to Raise $443 Million in Hong Kong IPO
(Reuters) - China's largest bubble tea and drinks firm, Mixue Group, is seeking to raise HK$3.45 billion ($443.66 million) in a Hong Kong initial public offering, according to a regulatory filing made ...
Hong Kong homes lost US$61.7 billion of value after removal of curbs: Centaline
Total value of residential properties in Hong Kong stood at HK$8.99 trillion (US$1.15 trillion) in January compared with HK$9.5 trillion before the easing The removal of property curbs a year ago has ...
February Global Regulatory Brief: Green finance
The financial sector continues to face new rules and government expectations as part of the broader effort to aid the green transition.
Beijing allows Hong Kong banks to issue credit cards on mainland from March 1
The new rules will benefit lenders such as HSBC, Standard Chartered, Bank of East Asia and Hang Seng Bank, analysts say.
Hong Kong’s largest pro-democracy party takes initial step toward disbanding
Hong Kong’s largest pro-democracy party took an initial step toward dissolving on Thursday. Hong Kong’s Democratic Party’s chairperson Lo Kin-hei said in a news conference that the party's central ...
Hong Kong’s last major pro-democracy party moves to disband
Hong Kong's Democratic Party said late on Thursday it would start preparations to disband and wind up its affairs after a meeting of its leadership, amid a years-long national security crackdown in ...
Hong Kong director Jun Li’s pro-Palestine speech in Berlin sparks German probe
Investigation launched after Li reads out speech by Iranian actor starring in his latest film, calling for free Palestine.
Hong Kong Shares End Lower, Weighed by Tech Stocks
Hong Kong shares ended lower, potentially due to profit-taking to lock in recent gains as focus returns to macroeconomic risks.
Hang Seng Bank profits up 3% to HK$18.38b in 2024
Earnings per share is HK$9.33; whilst total dividend is HK$6.8. Hang Seng Bank saw its profit attributable to shareholders rise by 3% year-on-year (YoY) to HK$18.38b for the whole year of 2024, its ...
MANTRA Launches Program for Real-World Asset Startups With Google Cloud Support
Layer 1 blockchain MANTRA has launched a startup accelerator program aimed at advancing the tokenization of real-world assets (RWAs), with backing from Google Cloud. The initiative, dubbed ...