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Posted on 16/05/2025

OCBC Hong Kong & Macau revenue grew 14% y-o-y in 1Q2025 supported by wealth

OCBC expects North Asian growth to accelerate further, supported by wealth management and Greater China-Asean flows ...

Posted on 16/05/2025

Hong Kong economy expands 3.1% in first quarter

Hong Kong's economy expanded by 3.1 per cent in the first quarter from a year earlier, the government said on Friday, supported by an increase in exports of goods and services, and a resumption of ...

Posted on 16/05/2025

US Trains Spotlight on Hong Kong Banks’ Iran Oil Deals

Hong Kong is attracting intense attention from the world’s biggest powers and not all of it is the good kind. A US Treasury delegation met with the city’s banks to warn them against facilitating Iran ...

Posted on 16/05/2025

Wire: US Warns HK Banks against Funding Iranian Oil & Other Illegal Deals

A delegation from the US Treasury Department met with representatives from some Hong Kong banks in April, warning the industry not to assist Iran in transporting oil to China, Bloomberg reported, ...

Posted on 16/05/2025

Australia’s Queensland to open Shenzhen trade office with Hong Kong as ‘gateway’

State’s trade minister says her government is seeking cooperation with Chinese businesses in infrastructure, healthcare and clean energy.

Posted on 16/05/2025

ZENLIFE enters Asia: “One of the most promising markets”

The local company that distributes chocolate-coated vitamins is expanding to the Far East: “Zenlife offers an indulgent approach to vitamin consumption and combats the phenomenon of ‘pill fatigue’." ...

Posted on 16/05/2025

China’s Foshan Haitian to raise about $1 billion in Hong Kong listing, sources say

China's Foshan Haitian Flavouring and Food Company has received approval from the Hong Kong Stock Exchange to list in the city and it aims to raise about $1 billion, according to two sources with ...

Posted on 16/05/2025

Covid Cases Spike In Hong Kong, Singapore As New Wave Spreads

The surge in two of Asia's biggest cities comes as Covid has risen across the region in the past few months, with waves of the now-endemic disease swelling periodically.

Posted on 16/05/2025

CATL’s dilemma: top-of-the-range Hong Kong IPO price may take fizz out of trading debut

CATL’s 6.7 per cent discount to its Shenzhen-traded shares is much lower than the average 25 per cent discount for dual-listed Chinese firms.

Posted on 16/05/2025

Distressed Hong Kong Builder Parkview Gets Private Loan From PAG

Hong Kong’s Parkview Group has obtained a HK$300 million ($38 million) private credit loan from investment firm PAG, according to a person familiar with the matter, as banks grow reluctant to extend ...

Posted on 16/05/2025

Ex-Goldman banker leads China’s push to revive Hong Kong finance

HONG KONG] The crowd was taken aback as China’s point person for financial matters in Hong Kong laid out plans to re-energise the city’s markets. Read more at The Business Times.

Posted on 16/05/2025

China’s CATL raises $4.6 billion in Hong Kong listing, term sheet shows

Chinese battery giant CATL has raised $4.6 billion in its Hong Kong listing by setting the final price of its shares at HK$263 each, showed a term sheet seen by Reuters.

Posted on 15/05/2025

Meitu founder’s wife buys Hong Kong luxury home for US$60 million

Wang Baoshan paid 22 per cent less than the asking price for the 5,466 sq ft detached house at 8 Perkins Road.

Posted on 15/05/2025

China’s CATL powers up for overseas push with US$4.6 billion Hong Kong IPO

City’s largest share sale in four years shows Beijing’s determination to push China’s EV technologies worldwide, analysts say.

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