Meanwhile, HSBC’s CIO expects AI to benefit from the announced plans. Hang Seng Bank has welcomed the recently announced budget initiatives for 2025-26, saying that they will “fuel further economic ...
HSBC, Standard Chartered among 24 Hong Kong lenders to get funds from yuan trade facility
The authority said each bank was granted a specific quota based on the scale of their business and the lenders in turn would provide yuan-denominated trade financing to their corporate clients.
Hong Kong lived-in home prices fall to lowest point in 8 years in January
Hong Kong’s lived-in home prices fell in January to their lowest point in more than eight years, though some analysts expressed optimism that they would bottom out in the first half of the year due to ...
Hong Kong’s ‘superman’ billionaire and the battle over the Panama Canal
The company founded by 96-year-old Li Ka-shing is caught up in Donald Trump’s complaints about China’s influence ...
Budget 2025: pay freeze for Hong Kong public servants, commercial land sales paused – as it happened
Chan on Wednesday also revealed the deficit had reached HK$87.2 billion (US$11.2 billion) for the 2024-25 financial year. He earlier estimated it would hit HK$100 billion, more than double what he ...
Hong Kong home prices soften for a second month in January
Hong Kong's home prices fell for a second straight month in January, government figures showed on Friday, as potential homebuyers searched for more positive market signals amid a weak economic outlook ...
China’s Chery Auto applies for Hong Kong IPO
China's Chery Automobile has applied for an initial public offering in Hong Kong, seeking funds to develop new vehicles and technologies as well as to expand in global markets and improve domestic ...
China’s Chery Auto files IPO application in Hong Kong
China's Chery Automobile has submitted an application for an initial public offering in Hong Kong, according to a prospectus published on Hong Kong Stock Exchange on Friday.
New budget guides Hong Kong’s economy towards steady growth: various sectors
HONG KONG -- Various sectors in Hong Kong believed that the Hong Kong Special Administrative Region government's 2025-26 budget, which was released on Wednesday, is a comprehensive, robust, and ...
Hong Kong’s ‘soft power’ can give tourism sector a boost, experts say
Budget cuts for tourism sector do not necessarily mean less development for the industry, lawmakers and insiders argue The development of Hong Kong's "soft power" will help to bring in more visitors ...
China tech startups race to capitalise on DeepSeek fever, Xi’s meeting
Chinese technology startups are racing for fresh fundraising to capitalise on the DeepSeek-induced fervor towards artificial intelligence, as well as President Xi Jinping's recent show of support to ...
Hong Kong Joins Global Stadium Race With New $4 Billion Sports Park
On Saturday, Hong Kong will officially open a new 50,000-seat stadium with a gala event, part of its bid to compete with cities around the region that are spending billions of dollars on ...
Civil servant pay freeze should not majorly impact Hong Kong’s private sector
Not many companies are expected to follow suit despite industry observers agreeing measures were necessary to tackle the city’s deficit.
Hong Kong’s DeepSeek-powered AI tool ranks first in world for safety: minister
Innovation chief Sun Dong dismisses data leak concerns over locally developed ‘HKGAI V1’ being trialed in government departments.