A popular 33-year-old congee restaurant chain has announced the closure of all its locations due to worsening operating and financial conditions, joining a growing wave of shop shutdowns in Hong Kong.
Asia-Pacific stocks mostly climb as China lays out plans to ease policy
Elsewhere, markets in the region were mostly higher after reports that key U.S. trade officials are set to meet with their Chinese counterparts this week.
HSBC’s subsidiary approved as first captive insurer in Hong Kong
The government imposed a 50% tax concession for local captive insurers. The Hong Kong Insurance Authority (IA) has authorised Wayfoong (Asia) Limited, a wholly-owned subsidiary of the HSBC Group, as ...
Xpeng Is Said to Consider Flying Car IPO in Hong Kong or US
Xpeng Inc. is considering an initial public offering for its flying car unit, Xpeng Aeroht, according to people familiar with the matter.
Asian stocks end mostly higher: CSI 300 up 0.6%, Hang Seng extends winning streak
Asian stocks advanced on Wednesday as confirmation of the first formal US-China trade talks in over a month lifted investor sentiment.
Ant Group Reportedly Considers Hong Kong IPO for Its International Division
Ant Group, the fintech affiliated with Alibaba Group Holding (NYSE: BABA), is reportedly weighing a significant move to list its international arm.
{Hot Stocks}BOC HONG KONG(02388) quoted at HK$33.2, up 1.7%
ET Net News Agency, 7 May 2025] BOC HONG KONG (02388) rose 1.7% to HK$33.2. It hits an intra-day high of HK$33.2, hitting a historical high, and an intra-day low of HK$33.2. The ...
Hong Kong anti-corruption agency charges 7 linked to Macau builder’s IPO
Four financial professionals and three of their relatives face charges in case related to Huarchi Global Group’s 2019 IPO, ICAC says.
Hong Kong’s Crypto Power Play: SFC Lifts Staking Ban and Forges UAE Alliance
Hong Kong's SFC has engaged UAE regulators on virtual asset oversight and approved staking for licensed platforms.
IPOs Supercharge Demand for Hong Kong Dollars, Prompting Intervention
Demand for the Hong Kong dollar hasn’t been this strong since Ant Group planned the world’s biggest IPO in the city almost five years ago. (Beijing later pulled the deal.) The resulting surge is ...
HKMA Sells Hong Kong Dollars as Currency Approaches Peg to Greenback
The Hong Kong Monetary Authority has sold over a 100 billion in Hong Kong dollars in the foreign-exchange market this month.
Shanghai Gold Exchange to Expand Warehouse Network to Hong Kong
The Shanghai Gold Exchange plans to expand its warehouse network to Hong Kong, helping to raise the profile of its yuan-denominated products, including for the precious metal, beyond mainland China.
Chery gears up for US$1.5 billion Hong Kong IPO without Wall Street banks
Chery Automobile’s planned Hong Kong initial public offering (IPO), which people familiar say could raise about US$1.5 billion, is being led by an all-Chinese bank roster after others decided not to ...
Wall Street Banks Said to Steer Clear of Chery’s $1.5 Billion Hong Kong IPO
One of this year’s biggest listings is coming together in Hong Kong without the involvement of Wall Street banks.