Profit growth slows to 7.3 per cent from 8.4 per cent a year earlier as bad loans exceed two-decade average, HKMA says Hong Kong's retail banks posted 7.3 per cent pre-tax profit growth last year, as ...
Long-Awaited Insurance IPO Provides Windfall For Richard Li
FWD’s stock market debut in July, after five previous attempts to go public, garnered $466 million and helped to boost Li’s net worth by 51% to $6.8 billion.
Hong Kong remains committed to digital assets but feels competition from an ‘aggressive’ UAE
Dubai and Abu Dhabi have established a solid regulatory framework for virtual assets, and each region has brought this under the auspices of a single, dedicated regulatory authority.
Hong Kong SFC approves crypto margin lending and perpetual contracts framework
Hong Kong’s financial watchdog has issued regulatory frameworks and guidance that will let licensed brokers lend money for cryptocurrency purchases and permit professional traders to access advanced ...
Hong Kong ready to issue first stablecoin licenses in March, Financial Secretary says
Hong Kong will begin issuing a small number of stablecoin licenses to companies with credible business models and strong compliance, Paul Chan Mo-po said.
Hong Kong Is ‘Super Connector, Super Value-Adder’ for Chinese Mainland Firms Going Global, Officials Say
Hong Kong serves as an excellent "super connector," providing substantial assistance to mainland enterprises going global, Ma Jun, chairman and president of the Hong Kong Green Finance Association, ...
Hong Kong proceeds with stablecoin plans despite Beijing’s reservations
Hong Kong's Monetary Authority has proceeded with plans to distribute an initial batch of stablecoin issuer licenses, despite China's prohibitions on crypto.
Hong Kong’s IPO market rebounds, Chinese chip designer Montage Tech shares jump on public listing
Hong Kong’s IPO market showed fresh signs of revival after Chinese chip designer Montage Technology surged on its trading debut ...
China’s property woes likely to hurt some Hong Kong banks’ 2025 earnings: Citi
Bank of China (Hong Kong) and Bank of East Asia could be affected the most as they have the highest exposure to China's property sector China's commercial real estate stress will force some Hong Kong ...
Hong Kong’s single-family offices total surpasses 3 380, injecting over $10 billion annually into local economy
The Financial Services and the Treasury Bureau (FSTB) and Invest Hong Kong (InvestHK) jointly announced today (February 10) that over 3 380 single-family offices were in operation in Hong Kong as of ...
Hong Kong’s IPO scene bounces back
Shares of Chinese chip designer Montage Technology soared on Monday following the company’s IPO, the latest sign of Hong Kong’s market rebound.
Chinese chip designer Montage Technology soars over 60% in Hong Kong debut
Shares of Chinese chip designer Montage Technology surged 60% in its Hong Kong trading debut on Monday following an initial share sale that raised $902 million.
Montage Technology IPO boosts Hong Kong AI chip market
Montage Technology shares jumped over 50% on their Hong Kong debut, raising HK$7.04 billion.
UBS to hire 50 HK wealth bankers after record revenue year
The Swiss bank, the largest private bank in Asia, hauled in US$62.5 billion of net new assets during 2025 Read more at The Business Times.