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Posted on 18/02/2025

Hong Kong ‘crucial’ for promoting yuan’s growing role in international finance

Already the world’s biggest offshore yuan hub, city’s role will increase as liquidity and uses expand, officials and experts say.

Posted on 18/02/2025

Jimmy Lai’s son urges US, UK help to get father out of Hong Kong jail

Pro-democracy media tycoon Jimmy Lai is physically breaking down in a Hong Kong prison and "time is running out" for him if the U.S. and Britain do not push for his release, his son said.

Posted on 18/02/2025

China’s Sany Heavy Industry eyes US$1.5 billion Hong Kong IPO, sources say

Chinese manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to US$1.5 billion, two people familiar with the matter said on Tuesday. The people could not be named as ...

Posted on 18/02/2025

China’s Sany Heavy Industry may raise $1.5 billion in planned Hong Kong listing, sources say

Chinese manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to $1.5 billion, two people familiar with the matter said on Tuesday. The people could not be named as ...

Posted on 18/02/2025

HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs, source says

HSBC , has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as part of a global restructuring exercise at the Asia-focused lender to cut ...

Posted on 18/02/2025

Running clubs: Hong Kong’s hottest new social scene

Organised group runs have sprung up across the city. Here are the best ones to join on almost every day of the week ...

Posted on 18/02/2025

China’s Sany Heavy Industry aims to raise up to $1.5 billion in planned Hong Kong listing, sources say

Chinese manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to $1.5 billion, two people familiar with the matter said on Tuesday.

Posted on 18/02/2025

After heart transplant in Hong Kong, 8-month-old Whitney’s condition stabilises

Professor Cheung Yiu-fai of Hong Kong Children’s Hospital says baby can be released from ICU when she wakes up from ‘smooth’ operation.

Posted on 18/02/2025

Hong Kong Crypto Unicorn Hashkey Secures $30 Million From Early PDD Investor Gaorong

Beijing-based Gaorong Ventures’ investment values the crypto exchange operator at nearly $1.5 billion post-money.

Posted on 18/02/2025

HSBC cuts 40 dealmakers in Hong Kong ahead of restructuring, a source says

HSBC , has laid off around 40 investment bankers in Hong Kong as part of the bank's global restructuring, according to one source with direct knowledge of the matter.

Posted on 18/02/2025

Hong Kong’s finance and tech sectors to lead job market recovery this year: Robert Walters

Finance sector to lead hiring momentum and tech sector to top pay increases of up to 25 per cent to attract talent, recruitment consultancy says Hong Kong's job market is showing signs of a recovery, ...

Posted on 18/02/2025

Hong Kong investment firm’s shares surge 93% after buying just 1 Bitcoin

Shares in the Hong Kong-based investment firm HK Asia Holdings Limited nearly doubled in value during trading on Feb. 17 after the firm disclosed it had purchased one Bitcoin. HK Asia said in a Feb.

Posted on 18/02/2025

HSBC, Standard Chartered may post bumper 2024 profits this week, helped by wealth demand

Both lenders may announce a new round of share buy-backs, with HSBC at US$2 billion and Standard Chartered at US$1 billion, matching last year, analysts said HSBC and Standard Chartered Bank are ...

Posted on 18/02/2025

China property crisis: Hong Kong court orders Evergrande and HNA units to liquidate

Tianji Holding and HNA Group (International) have become the latest casualties in the mainland’s distressed property sector.

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