Government is seeking Legco Finance Committee's approval for HK$2.286 billion in funding for Newborn Baby Bonus scheme Authorities project that from 2024-25, the number of births will increase by 20 ...
Hong Kong-based AI-driven company sells potential breast cancer drug in deal whose value could exceed US$500 million
Stemline Therapeutics, a wholly-owned unit of Menarini Group, will make a US$12 million upfront payment to Insilico under the agreement, which will be followed by sales royalties worth up to ‘double ...
Airport Authority Hong Kong to launch US$640 million retail bond, its first in 20 years, to finance third runway
The 4.25 per cent retail bond, with a tenor of 2.5 years, will make interest payments every three months Hong Kong residents will be able to subscribe in HK$10,000 increments at select banks and ...
Hong Kong’s first IPO of the year makes weak trading debut as RoboSense Technology shares drop in a tepid market
RoboSense lost as much as 3.5 per cent in its debut, falling to HK$41.50 in morning trade on Friday, down from its IPO price of HK$43, giving it a US$2.4 billion market capitalisation.
Airport Authority to issue HK$5 billion retail bonds
The Airport Authority on Friday announced plans to offer HK$5 billion in retail bonds to fund capital expenditures, including its third-runway ...
Airwallex sought way around Hong Kong anti-money laundering rules
The chief executive of the payments giant, backed by Tencent, asked staff if it was possible to “remove” a requirement of customer vetting, messages show.
Hong Kong Tennis Open: Rublev overcomes ‘stressful’ start to beat Broady and advance to quarter-finals
Top seed Andrey Rublev overcomes stubborn Briton Liam Broady to win second-round encounter at Victoria Park 6-4, 7-6, setting up last-eight clash with Arthur Fils.
HKBN Named as Official Network Partner of The Bank of China Hong Kong Tennis Open 2024
The Hong Kong, China Tennis Association ("HKCTA") and HKBN Group are excited to announce that HKBN has been appointed as the Official Network Partner for the Bank of China Hong Kong Tennis Open 2024 ( ...
Citi targets China investment bank unit launch, 30 new hires by end 2024-source
Citigroup Inc is aiming to launch its wholly owned China investment banking unit as early as the end of this year and hire about 30 people for the business, a person with direct knowledge of the ...
Hong Kong Tennis Open: Frances Tiafoe expects strong support for China’s Shang Juncheng in quarter-final
Frances Tiafoe says the Victoria Park spectators, who have given Shang Juncheng vocal backing, ‘should be behind him, and I hope they are’ ahead of Friday’s quarter-final.
Hong Kong will seek support of mainland China to expand scale of cross-border data coming into city, Paul Chan says
City to explore possibility of introducing platform where information can be traded and framework on guidelines for good data governance, Financial Secretary Paul Chan says Greater access to mainland ...
Hong Kong Has a New Breed of Stressed Money Seekers
Chinese local government affiliates have been avid issuers of dim sum bonds. Behind closed doors, they offer juicy double-digit returns.
Can Hong Kong’s Economy Recover from Its Covid Slump?
Private consumption in Hong Kong continued to grow through the year but imports and exports remained weak. Capital investment and tourism have also been lackluster. Around nine months after the ...
China and Hong Kong stocks extend losses on slow recovery concerns
China and Hong Kong stocks extended declines on Wednesday tracking a broader Asian sell-off, as uncertainties about economic recovery kept investors on the sidelines. ** The blue-chip CSI 300 Index ...