Hong Kong’s status as global financial centre receives a boost as China’s financial regulator touts city’s exchange-traded funds.
HashKey taps Hong Kong’s first regulated stablecoin to settle insurance and trade deals
Following institutional trials, the HKD-pegged asset is being put to work to capture part of Hong Kong's $49 billion trade corridor with the United Arab Emirates ...
Hang Seng closes higher as Hong Kong buyers push past early losses
Hong Kong turned a flat open into a modest gain, and Shanghai closed at 3,990, within 10 points of 4,000. Beijing has pledged support without big new stimulus, so this grind higher is coming from ...
Shein’s IPO Could Come At a Quarter Of Its Past Valuation
The fast-fashion giant could seek a valuation of around $25 billion in its Hong Kong IPO as investors question whether it can revive the explosive growth that once made it one of the world's most ...
Shein cuts company valuation to around $25 billion in Hong Kong IPO, sources say
Online fast-fashion retailer Shein is eyeing a company valuation of around $25 billion in its Hong Kong IPO, said three people with knowledge of the matter, down from nearly $100 billion four years ...
PwC predicts tax revamp will lure multinationals to Hong Kong – report
PricewaterhouseCoopers (PwC) tax experts say Hong Kong's proposed tax incentives for corporate treasury centres will attract multinational and mainland companies. This was outlined in a South China ...
Shein eyes company valuation of around $25 billion in Hong Kong IPO, sources say
Online fast-fashion retailer Shein is eyeing a company valuation of around $25 billion in its Hong Kong IPO, said three people with knowledge of the matter, down from nearly $100 billion four years ...
Hang Seng: Bullish flag emerges ahead of Shein IPO, Baidu and Alibaba earnings
Top companies like Baidu and Alibaba will announce their earnings. The Hang Seng Index rose to 25,517 on Monday as investors waited for the highly anticipated Shein IPO and key earnings by some of the ...
Hang Seng Opens 1.3% Higher as Hong Kong Buyers Bet on China Without a Stimulus Catalyst
Hong Kong opened 1.3% higher even after Beijing signaled it will support growth without a big new stimulus package, per Reuters. Buyers are paying up for China exposure without the policy bazooka ...
Hong Kong tax reforms for treasury centres will lure multinationals, mainland firms: PwC
The proposed law will offer a five-year pre-approval for large companies with at least HK$100 million in annual revenue and six subsidiaries.
Hong Kong’s Stablecoin Bifurcation: Two Paths for Tokenized Money
The arrival of regulated stablecoins in Hong Kong is less a singular race for market share and more a structural bifurcation of how tokenized money will function in the regional economy. With the Hong ...
Singapore banks on AI edge as Hong Kong woos investment managers with tax cuts
Singapore is betting on easier access to artificial intelligence models.
Top Tory calls for ‘urgent’ probe into HSBC freezing savings
Shadow Foreign Secretary Priti Patel said the bank's denial of withdrawal requests was 'wholly wrong' and was being done to 'appease Beijing'.
Global market: China, Hong Kong stocks fall as liquidity tightens ahead of Unitree IPO
Chinese and Hong Kong stocks declined Friday as tightening liquidity, cautious positioning ahead of corporate earnings and property-sector weakness weighed on sentiment. The CSI300 fell 0.1%, Shanghai ...