The Shenzhen-based developer falls as much as 15 per cent on the first day of trading after the Lunar New Year break, extending a slump in the past year to about 70 per cent.
Hong Kong’s talent base lends expertise to rapidly growing Asian private credit market, APLMA CEO says
Hong Kong’s sophisticated investor base is bringing lending expertise to Asia’s rapidly growing private credit market, which still only accounts for only 5 per cent of the global tally, indicating its ...
TOP Financial’s stock slides after Hong Kong-based company saw huge gains
The stock surged on trading volume of 72.63 million shares Friday, well above its 65-day trading volume of 1.26 million shares, and was halted for ...
Goldman Sachs says Hong Kong home prices will rebound in 2025 after hitting bottom this year, raises office market concerns
The US investment bank says the residential sector will see a gradual recovery this year after the US Federal Reserve begins to cut rates and Hong Kong mortgage rates are lowered from the second ...
Most Hongkongers think perks such as consumption vouchers unnecessary in coming budget, finance chief says
Financial Secretary Paul Chan also predicts economy will be more stable this year owing to falling interest rates Chan says government spent 'a lot of money' during the pandemic, with city's deficit ...
HK Bolsters Fintech, Sustainable Finance with Multi-Currency Digital Green Bond Offering
The Government of the Hong Kong Special Administrative Region (HKSAR) announced the successful issuance of approximately HK$6 billion in digital green bonds, ...
Most Hongkongers think perks like consumption vouchers are unnecessary in coming budget, finance chief says
Financial Secretary Paul Chan also predicts economy will be more stable this year owing to falling interest rates Chan says government spent 'a lot of money' during the pandemic, with city's deficit ...
Lunar New Year prophecy reveals ‘Hong Kong is trapped in forest’, fortune-teller says as rural leader draws ‘neutral’ stick in annual ritual
Kenneth Lau, head of city's rural leaders, draws fortune stick which reads 'holding an axe and entering a forest, looking for something not yet obtained' Fortune-teller Chan Tin-yan outside the Che ...
Year of the Dragon: Hang Seng to top 20,000 points as stocks face early pain, major swings, feng shui expert predicts
The Hang Seng Index has had an unbroken winning run during all of the dragon’s 12-year cycle, with gains ranging from 0.5 per cent to 33.4 per cent.
‘Fake CFO’: $25 Million Deepfake Video Call Scam Rocks Hong Kong Company
The hype around AI and chatbots like Bard and ChatGPT is leading to an explosion of AI-generated content, from pictures to written content. However, not everyone is using this technology for good.
China Market Update: No Policy Lift In Hong Kong With Mainland Closed, Week In Review
Asian equities were mixed but mostly higher overnight though Hong Kong closed lower in a half-day session and Mainland China was closed for the Lunar (Chinese) New Year holiday.
KK Group Hopes The Fourth Time Is Lucky With New Hong Kong IPO Bid
KK has filed for a long-planned Hong Kong IPO, as it recently turned profitable and opens new stores at a brisk rate The fast-growing lifestyle retailer’s GMV rose 43% in the first 10 months of 2023, ...
Hong Kong Startup Raises $6.85 Million Series A For Blockchain-Powered Insurance Claims
With over 1 million policyholders and 16 insurance companies assisted, MediConCen says it plans to expand into the Middle East and Southeast Asia.
HKMA head rejects calls to prop up sinking Hong Kong stock market
The chief executive of the Hong Kong Monetary Authority has dismissed calls from lawmakers for Hong Kong’s de facto sovereign wealth fund to boost investment in the tumbling domestic stock market.