Finance minister has wrapped up Davos trip, says leading fintech players showing interest in expanding to Hong Kong.
This Hong Kong Newspaper Seller Is Preparing for a Yuan Crash
Currency traders looking for their next big idea could do worse than talk to Wong, who runs a news stand in Hong Kong’s Central District.Most Read from BloombergWhat Happened to Hanging Out on the ...
Face Off: Is Hong Kong losing its status as an international financial hub?
What’s more, many people are debating whether Hong Kong will lose its status as an international financial hub. I think it will unless the government drops its travel restrictions soon.
U.S. IPO Weekly Recap: Venture Global Prices A Pared-Down IPO As More Sizable Deals Join The Pipeline
Seven IPOs and one SPAC priced this past week, as more sizable issuers filed to go public in the US. Read more here.
RBI Allowes Hong Kong Based HSBC To Open 20 Branches Across India
HSBC India has received approval from the Reserve Bank of India (RBI) to open 20 new branches, marking the largest expansion granted to any foreign bank in over a decade. These branches will be set up ...
Hong Kong fintech association unveils AI advisory council
It will serve as the industry voice to share best practices, amongst others. The Fintech Association of Hong Kong (FTAHK) has launched the FTAHK AI Strategic Advisory Council, a dedicated committee ...
What to Know About the Pork IPO That Could Kick Off 2025 With a Bang
Smithfield Foods could be one of the year's biggest U.S. initial public offerings, with the pork producer planning to raise as much as $940 million as it returns to the stock market The Smithfield, Va ...
Ascentage Pharma’s US Shares Climb After $126 Million IPO
Shares of Ascentage Pharma Group International rose as much as 4% in the Chinese biopharmaceutical company’s US trading debut after pricing its $126.4 million initial public offering at a discount to ...
Ascentage Pharma IPO opens flat
IPO began trading Friday on the NASDAQ. Shares opened at $17.25 per ADS, in line with the initial public offering (IPO) price of $17.25. The pharmaceutical company, already listed on the Main Board of ...
Hang Lung Properties profit slumps 46% on lower leasing profits, higher finance costs
Hong Kong developer Hang Lung Properties’ 2024 earnings slumped 45.8 per cent from a year earlier due to lower operating leasing profits and higher finance costs. The company’s net profit attributable ...
HK’s financial system endorsed by IMF
An International Monetary Fund report reaffirms Hong Kong’s position as an international financial centre, and recognises that the city’s financial system remains resilient.
KPMG: Slower than expected interest rate cuts to support bank margins in 2025
Banks should prioritise cost optimisation, data governance, and digital transformation to build a foundation for long-term growthHONG KONG SAR – Media OutReach Newswire – 24 January 2025 – Hong Kong’s ...
Obesity biotech Aardvark eyes IPO as Ascentage makes $126M Nasdaq debut
The buzz around biotech IPOs is continuing through January, with clinical-stage metabolic company Aardvark Therapeutics ...
Stock market today: Asian shares gain after S&P 500 climbs to a record and Bank of Japan raises rate
Tokyo's Nikkei 225 index gained 0.3% to 40,074.87 after the central bank raised its benchmark rate to about 0.5% from 0.25%, as widely expected. It is the highest level for the rate since 2008, as the ...