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Tag: finance

Posted on 28/07/2026

Hong Kong’s central bank puts a number on lenders’ quantum preparedness. It’s very low.

Most banks remain stuck in the awareness phase, with few formal plans or pilot projects for post-quantum cryptography, the HKMA said.

Posted on 28/07/2026

Hong Kong Gave Banks a 2030 Quantum Deadline: Who Gives Bitcoin One?

HKMA gave banks a 2030 quantum deadline. Bitcoin has no authority to set one, and its quantum fix is stuck in debate.

Posted on 28/07/2026

Hong Kong prepares banks for quantum threats amid tokenization push

Hong Kong launched a quantum-readiness index as banks expand tokenized deposits, digital-asset custody and blockchain settlement.

Posted on 28/07/2026

Ant International expands Alipay+ bank network with Hang Seng Bank

Hang Seng Bank is Alipay+’s first banking partner in Hong Kong.

Posted on 28/07/2026

Shein Heads Toward Hong Kong IPO Despite First-Quarter Loss

Revenue grew 8 percent to reach $41.8 billion in 2025, but the company recorded a net loss of $99 million in the first quarter of 2026.

Posted on 28/07/2026

Shein posts $99 million loss ahead of planned Hong Kong IPO listing

Online fashion platform Shein has disclosed weak financial results ahead of its planned stock market listing in Hong Kong. According to a filing with the Hong Kong Stock Exchange, the Chinese-based ...

Posted on 27/07/2026

Hong Kong home sales recovery expected to boost developers’ earnings

Despite the brighter residential market outlook, commercial real estate continues to be weighed down by a lack of demand in non-core areas.

Posted on 27/07/2026

Hong Kong banks in early stages of preparing for quantum computing threats, HKMA says

Banking sector scores 2.3 out of 10 on new readiness index as regulator targets full preparedness by 2030 Hong Kong's banking sector is still in the early stages of preparing for cybersecurity risks ...

Posted on 27/07/2026

HSBC to hire 100 AI specialists, 100 wealth managers in boost to Singapore hub

HONG KONG, July 27 (Reuters) - HSBC will hire more than 100 artificial intelligence specialists and 100 wealth managers in Singapore, deepening investment in two areas central to the bank's Asian ...

Posted on 27/07/2026

Factbox-Hong Kong IPO-bound Shein’s management and ownership structure

July 27 (Reuters) - Shein's draft prospectus for a Hong Kong market listing has for the first time shed light on the top management and ownership structure of the online fast-fashion retailer, which ...

Posted on 27/07/2026

Shein’s Hong Kong IPO filing sidesteps Xinjiang cotton controversy

By Helen Reid and Casey Hall July 27 (Reuters) - Shein's Hong Kong IPO filing published on Sunday made no specific mention of risks linked to allegations that its clothes contain cotton from the ...

Posted on 27/07/2026

Innolight said to price Hong Kong IPO below maximum, Bloomberg News reports

Chinese optical parts maker Zhongji Innolight is telling potential investors it will price its Hong Kong listing below the maximum, Bloomberg News reported on Monday, citing people familiar with the ...

Posted on 27/07/2026

Fast-fashion giant Shein swings to US$99m first-quarter loss ahead of Hong Kong listing

Tariffs, war and rising costs squeeze company's margins as IPO looms, testing investor appetite for fast-fashion E-commerce giant Shein swung back to losses in the first quarter of 2026 as rising ...

Posted on 27/07/2026

Upside seen to Alibaba’s scrapped Cainiao IPO

Alibaba Group Holding Ltd's latest move to scrap a planned initial public offering for its unit Cainiao Smart Logistics Network will help strengthen synergy between its logistics services and ...

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