There have been criticisms that HKEX (00388.HK) is taking too long to approve IPOs. Bonnie Chan, CEO of HKEX, said the median approval time for main board listings in 2023 was significantly reduced ...
HSBC summit: Hong Kong’s heritage in ‘business of thriving’ is ‘not about to change’, John Lee tells global investors
I'm confident that as global investors, you can see the far-reaching promise of Hong Kong for yourself,' Chief Executive tells HSBC summit The government is committed to enhancing the city's markets, ...
Shimao Shares Fall After China Bank Files Liquidation Petition
Shimao Group shares fell sharply after a Chinese state-run bank filed a liquidation petition against the heavily indebted developer, adding uncertainty to a proposed restructuring of offshore debt.
Hong Kong leader says government considering more steps to boost stock market
Hong Kong's leader John Lee said on Monday the authorities were considering additional measures to bolster the securities market in the Asian financial hub, which has taken a hit from China's economic ...
Hong Kong stocks rise after US-China talks triggers cautious optimism, investors eye key data releases
Hong Kong stocks rose after US-China talks, described as ‘extensive and productive’ by US Treasury Secretary Yellen, triggered optimism. Key economic data releases will drive sentiment later in the ...
China property developer Shimao faces liquidation order from state-owned bank
By Scott Murdoch (Reuters) -Chinese property developer Shimao Group said on Monday that China Construction Bank (Asia) had filed a liquidation petition against it in Hong Kong over a financial ...
Hong Kong fund managers set up shop in Middle East finance centres to seize opportunities, talent
Infini Capital Management and Arte Capital have both set up offices in Abu Dhabi - and US$1 billion funds focused on Middle East opportunities Access to talent, low taxes and visa schemes are draws, ...
Cathie Wood cheers crypto optimism and applauds Hong Kong’s web3 move
Cathie Wood, was a guest speaker at the Hong Kong web3carnival.focusing on flaws, she talked about crypto and blockchain technologies’ ...
Hong Kong to cut tax on intellectual property profits to 5%, align copyright law with AI advances
Tax on profits derived from qualifying IP will be reduced to encourage companies to devote more resources to R&D, according to finance chief Paul Chan City should also focus on exploiting 'enormous ...
Korean banks compensate retailers for Hong Kong-tied ELS losses
Other banks including KB Kookmin, Woori and HN Nonghyup are set to follow suit, but it appears to be taking some time for them to come up with their compensation plans for their Hong Kong-tied ELS ...
Web3 Festival attracts smaller crowd, greater enthusiasm in Hong Kong after record bitcoin price
While there were fewer exhibitors this year, the Web3 Festival has attracted a more international crowd with 80 per cent of participants from outside the city Attendees offered glowing assessments of ...
Financial regulators discuss offering HK-domiciled funds in Dubai
The Hong Kong Securities and Futures Commission (SFC) and the Dubai Financial Services Authority (DFSA) co-hosted a high-level roundtable in Hong Kong on Saturday, discussing opportunities for Hong ...
Hong Kong to light up skies for Labour Day ‘golden week’ holiday
Tourism Board chief says fireworks and drone shows will be staged on a regular basis from May to add 'icing on the cake' for tourists Mainland China's Labour Day 'golden week' is expected to bring ...
Hong Kong Deputy Secretary says Web3 tech is revolutionary at Carnival opening
During the opening ceremony of the Web3 Carnival in Hong Kong, Huang Weilun, who serves as the Deputy Secretary of Financial Services and the Treasury of the Hong Kong Special Administrative Region, ...