Hong Kong-based travel experiences platform Klook is reportedly preparing to list in the United States, aiming to raise about $500 million.
Hong Kong’s banks desperate for AI, green finance talent to avert 2030 shortage: HKMA poll
HKMA wants banks to train their staff to plug the talent gap instead of poaching them from their rivals Hong Kong lenders were expected to face a talent shortage in artificial intelligence (AI), green ...
China Merchants Bank subsidiary launches crypto exchange in Hong Kong
After securing a virtual asset service provider license in July, a China Merchants Bank subsidiary has opened a Hong Kong crypto trading platform limited to professional investors.
Standard Charted has seized the stablecoin opportunity in Hong Kong (China SAR)
The joint venture formed by Standard Chartered with strategic partners to apply for a license to issue stablecoins in Hong Kong gives the bank first mover advantage, writes Heike van den Hoevel ...
Hong Kong insurance leaders band together on regional AI development, adoption
Insurance Authority, AIA, AXA, HSBC Life, FWD, Prudential, YF Life and China Taiping Insurance (HK) pledge investment, information-sharing.
Pro-democracy activist Jimmy Lai’s national security trial in Hong Kong wrapping up
A Hong Kong court heard final arguments Monday in the landmark national security trial of former pro-democracy newspaper founder Jimmy Lai, who could be sentenced to up to life in prison if convicted.
Hong Kong Democracy Activist Hui Granted Asylum in Australia
Hong Kong pro-democracy activist Ted Hui said he’s been granted asylum in Australia, more than four years after he left the city to evade national security charges.
Three charts show Shein’s big leaps in a key market ahead of its IPO
The fast fashion giant reported a more than 56% profit gain in 2024 compared to 2023 in the UK. It also nearly tripled its headcount in the country.
Hong Kong property clouded by rising debt repayment risks
Slim prospects for a near-term revival in commercial property and fewer sources of raising fresh capital mean more developers will struggle to meet repayments.
Africa’s Wealthy Families Are Taking A Closer Look At Hong Kong
As Africa’s economic ties with China deepen, high net worth individuals on the continent are exploring new opportunities to manage their wealth. Hong Kong, as part of China yet distinct in its legal ...
A 200% Stock Surge Makes Leapmotor China’s Next EV Rising Star
The carmaker’s Hong Kong-listed shares have doubled since January — outpacing better-known peers XPeng Inc. and Xiaomi Corp. — and have surged more than 200% from a low in August last year. The ...
Analysis-Hong Kong property sector clouded by rising debt repayment risks
HONG KONG (Reuters) -Hong Kong's debt-laden developers and their creditors are set to face intensifying financial pressure as bond maturities are slated to jump by nearly 70% next year amid falling ...
HSBC Announces Significant Share Buy-Back and Cancellation
The latest announcement is out from HSBC Holdings ( (GB:HSBA) ).
Hong Kong’s Property Crisis: Mounting Debt and the Ripple Effect
Hong Kong developers face mounting financial pressure as bond maturities rise nearly 70% next year. Falling property values and limited capital access threaten economic stability. Road King's bond ...