Finance chief says local economy is undergoing structural adjustment as he launches public consultation for next year’s budget.
Chinese social media Xiaohongxu moves closer to IPO as profits surge in 2024, sources say
With popularity booming in recent years and recent profitability, the company has selected underwriters for a planned public listing.
Hong Kong’s debt-hit Han Academy hunts for investors to keep school running
With school in a dire financial position, founding supervisor says she has held discussions with more than one investor.
Dock introduces credentials recovery, lands new deal with Hong Kong financial sector
Reusable digital identity platform Dock has added a new feature that will allow users to recover their credentials quickly with the help of biometrics.
Sexy Tea Is Said to Plan US IPO Instead of Listing in Hong Kong
Hunan Chayue Cultural Industry Development Group Ltd., also known as Sexy Tea, is looking to do an initial public offering in the US instead of Hong Kong, according to people familiar with the matter.
HKEX launches retail fund repository, strengthening Hong Kong’s appeal as wealth hub
The first phase of the integrated fund platform launched on Friday provides information on more than 2,000 retail funds.
Chinese Robotics Specialist Dobot Plans $107 Million Hong Kong IPO
Chinese robotics company Shenzhen Dobot plans to raise up to US$107 million in an initial public offering in Hong Kong to grow its business in developing and producing collaborative robots for use in ...
Tax incentives, Asian market access: How HK’s financial gateway position is drawing family offices
As global wealth shifts to Asia, Hong Kong’s status as the financial gateway to the region and recent policy initiatives are attracting ultra-wealthy families and investment Read more at straitstimes.
HSBC reviews retail banking outside UK and Hong Kong, FT reports
HSBC is reviewing its retail banking operations outside the UK and Hong Kong, which could see it substantially scale back operations in other countries, including Mexico, the Financial Times reported ...
HSBC reviewing retail banking operations outside UK, Hong Kong: report
HSBC Holding (NYSE:HSBC)(OTCPK:HBCYF) is reviewing its retail banking business outside Great Britain and Hong Kong, the Financial Times reported Thursday, citing people familiar with the discussions.
Grande Group Seeks IPO On Thin Capitalization
Grande Group faces substantial risks in Hong Kong’s financial market. Read why GRAN stock may be a risky IPO with unpredictable revenue and high competition.
HSBC reviews retail banking outside UK and Hong Kong
HSBC is reviewing its retail banking operations outside the UK and Hong Kong, a move that could see it substantially scale back operations in countries including Mexico, as it seeks further cost cuts.
Hong Kong on track to be fourth in IPOs in 2024
Ranked sixth last year, Hong Kong will be listed as the fourth-largest IPO market in 2024, according to the latest KPMG report, with its new position driven predominantly by China Securities ...
Hong Kong central bank warns against unauthorized finance firm
The firm reportedly does not have authorization to take deposits. The Hong Kong Monetary Authority (HKMA) has warned against a firm named “Greenland Finance Company Ltd” operating through a specific ...