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Tag: finance

Posted on 07/02/2025

Exclusive-Shein poised to slash valuation to $50 billion in London IPO, sources say

Online fast-fashion retailer Shein is set to cut its valuation in a potential London listing to around $50 billion, said three people with knowledge of the matter, nearly a quarter less than the ...

Posted on 07/02/2025

Wiki Finance Expo Hong Kong 2025: Asia’s premier fintech and Web3.0 summit returns on March 27

The highly anticipated Wiki Finance Expo Hong Kong 2025 is set to take place on March 27, 2025, at The Sky 100 Hong Kong Observation Deck, International Commerce Center (ICC). As the largest and most ...

Posted on 07/02/2025

‘Countries like Hong Kong…’: Financial advisor calls for making capital gains tax 0%, triggers debate

His post sparked widespread discussion, with many agreeing with his stance. Some, however, proposed a more measured approach. One user on X argued that while lower capital gains tax could attract ...

Posted on 07/02/2025

HSBC to disclose 2024 results, mulls interim dividend

PLC (HKSE:0005) has announced that a committee of its Board of Directors will convene on February 19, 2025, to discuss the final results for the year ended December 31, 2024, and to deliberate on the ...

Posted on 07/02/2025

Hong Kong: an epicentre for global family offices

As a leading international financial centre, Hong Kong is solidifying its position as the premier destination for establishing family offices.

Posted on 07/02/2025

HSBC cuts New World price target, suggests debt plan, capital injection to calm investors

Stock has lost 37 per cent, or about US$822 million in market value, since late November as a management shake-up failed to calm investors.

Posted on 07/02/2025

Hong Kong to Complain to WTO on U.S. Tariff Decision

HONG KONG (Reuters) - Hong Kong said on Friday it would file a complaint with the World Trade Organisation (WTO) on a U.S. decision to impose 10% tariffs on goods from the Asian financial hub as U.S.

Posted on 07/02/2025

US tariff hike adds pain for Hong Kong manufacturers banking on American market

New levy threatens to eliminate thin profit margins for small and medium-sized enterprises struggling to diversify away from crucial American market.

Posted on 07/02/2025

People are only just realising what HSBC bank actually stands for

HSBC has been around for a long time - but some people might be surprised to learn that the name actually stands for something ...

Posted on 06/02/2025

CUHK head says bulk of school reserves tied up as Hong Kong plans funding cuts

Professor Dennis Lo acknowledges city’s financial woes but warns funding cuts should not undermine global education hub objective.

Posted on 06/02/2025

XRP tumbles 12% as Hong Kong excludes it from approved crypto list

Ripple’s XRP has been left out of Hong Kong’s list of approved cryptocurrencies for trading, raising fresh concerns about its regulatory standing in global markets. The Securities and Futures ...

Posted on 06/02/2025

Hong Kong’s eight public universities amass nearly HK$140 billion in reserves

Finance chief Paul Chan earlier called on institutions to make better use of funds and expand their sources of income ...

Posted on 06/02/2025

Various sectors say Hong Kong’s economic outlook to remain positive in new year

Chong Tai Leung, an associate professor from the Chinese University of Hong Kong's Department of Economics, said that the recent performance of the Hong Kong property and stock markets has been good.

Posted on 06/02/2025

Hong Kong Legislator Urges Bitcoin Reserve to Rival US, Seeks China’s Backing

China continues researching and leveraging blockchain nationally despite a “ban” on crypto. Sweeping U.S. stablecoin regulations and plans for a Bitcoin strategic reserve inspire other ...

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