Hong Kong has rapidly become a cryptocurrency hub, positioning itself as a center for financial innovation alongside the United Arab Emirates (UAE) and Singapore. Ivan Ivanov, global CEO of WOW Summit ...
Hong Kong cinema closures will have knock-on effect for industry, experts say
Closure of seventh cinema this year will not only undermine competitiveness of industry, but also Hong Kong’s image as an international city, they say ...
2 Philippine startups recognized as Asia’s best innovators
Philippine startups continue to show what they can do to bring innovation to people’s lives—and their hard work is not left unnoticed. At the latest Asia Technology Entrepreneurship Conference’s (ATEC ...
Think Business, Think Hong Kong: Spotlighting Asia opportunities in Jakarta
The Hong Kong Trade Development Council (HKTDC) is set to conduct its mega-promotion campaign, Think Business, Think Hong Kong (TBTHK), in Jakarta on Jan. 8, 2025.
McKinsey Reportedly Trims China Workforce By A Third Amid Rising Tensions
Over the last two years, the firm has reduced its workforce in Greater China, including Hong Kong and Taiwan, by several hundred employees. As of June, McKinsey had nearly 1,500 employees listed ...
Hong Kong’s 2024 GDP growth expected at 2.4%, business confidence feeble amid trade war fears, survey finds
Hong Kong’s economic growth this year is forecast to be 2.4 per cent, lower than the 3.2 per cent in 2023, as businesses remained pessimistic about 2025 amid fears of a trade war between Beijing and ...
Private credit main option for some but IG deals still a pipe dream, say lenders
Lowy at SC Lowy said: “What is attractive with private credit is that, unlike traditional banks, private creditors engage closely with borrowers, developing bespoke solutions such as cash-flow-based ...
Hong Kong hits ‘new highs’ in start-up numbers, foreign and mainland firms: Chan
Hong Kong signs deal with China Council for the Promotion of International Trade to bolster cross-border commerce and investment.
John Lee urges Hong Kong firms in Beijing to take lead on integration push
Hong Kong’s leader has urged Beijing-based businesspeople from the city to spearhead efforts on national integration and foster cultural exchanges between their hometown and the capital. Chief ...
44% of businesses have negative economic outlook for Hong Kong, poll finds
About 44 per cent of businesses have developed a negative economic outlook for Hong Kong over the next 12 months, the highest level in five years, according to a survey by one of the city’s most ...
Huawei’s EV Partner Seres Is Said to Consider Hong Kong Listing
Huawei Technologies Co.’s electric-vehicle partner Seres Group Co. is considering a second listing in Hong Kong, people familiar with the matter said, marking the latest such move by a mainland-listed ...
Chinese Restaurant Chain Xiaocaiyuan Aims to Raise $101 Million in Hong Kong IPO
Chinese restaurant chain Xiaocaiyuan International plans to raise US$101 million in an initial public offering in Hong Kong, tapping into renewed demand for listings in the Asian financial hub.
Hong Kong’s US$38 billion year for M&A sparks rare bidding wars
THIS year is poised to be the busiest in nearly a decade for takeover deals involving a range of Hong Kong-listed companies, from skin-care brands to warehouse operators. Allied to that has been an ...
HK’s IPO market to keep top 5 ranking in 2025
As of Dec 8, the Hong Kong stock exchange ranked 4th in the 2024 global IPO rankings, with total funds raised reaching HK$82.9 billion ($10.66 billion) from 63 completed IPOs, according to the latest ...