Hong Kong strengthens economic ties with UAE & Saudi Arabia, fostering investment flows and strategic partnerships. It is also boosting cooperation with the Middle East to drive investment.
Two new IPO listings in HK aim to raise US$270m
Two stock listings, launching in Hong Kong on Monday, are seeking to raise up to US$270 million. Hainan Drinda New Energy Technology is aiming to ...
Two Hong Kong listings to raise up to $270 million launch on Monday
China's Hainan Drinda New Energy Technology is aiming to raise up to $234 million in a Hong Kong listing, according to regulatory filings on Monday.
HSBC HOLDINGS Repurchases ~430K Shrs Last Fri in Total for $37.11M+
HSBC HOLDINGS (00005.HK) announced that it had on last Friday (25th) repurchased 432,800 shares of the company on the Hong Kong Stock Exchange at prices ranging from HKD85.05 to HKD86.1, with a ...
Hong Kong urged to act fast for Zhejiang tech firms amid US-China trade war
Hong Kong must act "fast and be agile" in providing tailored financial and professional service solutions to Zhejiang-based technology companies as ongoing US-China tensions continue to disrupt their ...
Why the London Metal Exchange’s Hong Kong warehouses matter to the city’s financial status
The development marks a pivotal step in strengthening Hong Kong’s position as a strategic commodities hub in Asia, industry leaders say.
UK fund manager Schroders to invest more in Hong Kong as trade war ups demand, CEO says
British asset manager Schroders will continue to expand in Hong Kong to tap Asia-Pacific’s fast-growing wealth-management and pension businesses, as its top boss believes market uncertainty brought on ...
Steady GDP growth expected for Q1: Paul Chan
Financial Secretary Paul Chan on Sunday said Hong Kong’s GDP growth in the first quarter is expected to remain stable. Writing in his weekly blog, ...
Xpeng-backed Breton, a maker of EV dump trucks, plans US$30 million Hong Kong IPO
Breton Technology, backed by Chinese electric vehicle maker Xpeng, plans to raise HK$234 million (US$30 million) from its Hong Kong initial public offering (IPO) amid tariff tensions that could affect ...
HSBC, The Daily Star host O & A level awards
The Hongkong and Shanghai Banking Corporation Limited (HSBC) and Daily Star hosted the O & A level Awards on Saturday at the Bangladesh–China Friendship Exhibition Center, Purbachal, Dhaka. This is ...
Hong Kong’s 2024 life insurance sales soar 21% to a record, led by wealth, estate planning
Mainland Chinese tourists last year spent HK$62.8 billion (US$8 billion) on life and medical policies, up 6.5 per cent from 2023, according to the Insurance Authority.
YGM Securities Major Shareholder Plans to Sell Nearly 51% Stake to Ant Group for HKD 2.8 Billion
The proposed sale involves 860 million shares, with each share priced at HKD 3.28, reflecting a significant premium over the market value. This transaction is expected to maintain YGM Securities' ...
Finance execs are the new targets of deepfake videos
In a new report, Fortune ’s Jim Edwards details how a video ad campaign on Instagram used a convincing deepfake of Goldman Sachs executives Abby Joseph Cohen and David Kostin. The goal was to tempt ...
Hong Kong private-equity firm Gaw Capital building US$2 billion regional property fund
A potential investor was told the fund’s investments would be diversified and remain flexible amid market volatility.