According to a Hong Kong court filings, Justin Sun stepped in to bail out Techteryx’s TrueUSD (TUSD) stablecoin after it saw nearly half a billion dollars of its reserves rendered illiquid. The issue ...
Hong Kong gov’t launches 1-month public consultation on legalising basketball betting
The Hong Kong government has invited members of the public to submit views on its proposal to legalise basketball betting in the city.
Hong Kong tunnel tolls under review after multimillion dollar losses
Hong Kong’s transport authorities will complete a review of tunnel tolls this year to establish appropriate fee levels, following years of multimillion-dollar losses, including a HK$52 million ...
Hong Kong IPO fundraising up threefold in Q1 2025
The A-share stock exchanges collectively raised 25.5 billion yuan ( US$3.5 billion ) across 33 deals in the first quarter of 2025, KPMG shares, marking a 34% reduction in funds raised and an 8% ...
Futu Trustee Is Recognized as “Hong Kong Best Trust Administrator”
Futu Trustee was honoured as the "Hong Kong Best Trust Administrator" at the 2025 Euromoney Private Banking Awards, hosted in London recently, highlighting Futu Trustee's excellence and innovation in ...
KPMG: High Tech/ ‘A+H’ Firms Expected to Drive Growth of HK IPO Mkt This Yr
Hong Kong's IPO market recorded strong momentum in 1Q25, with a total of 15 IPOs completing, raising $17.7 billion, up nearly 3x YoY, logging a record high since 1Q21, KPMG said. Of which, six IPOs ...
3 Asian Dividend Stocks Yielding Up To 6.3%
Amidst a backdrop of global economic uncertainty and inflation concerns, Asian markets have shown resilience with certain sectors continuing to offer attractive investment opportunities. In this ...
China’s 4 top state-owned banks to raise US$72 billion from stock sales to boost capital
The fundraising comes after the National People’s Congress vowed earlier this month to recapitalise major state banks.
Jardine Matheson, giant of Hong Kong commerce, charts new course as investor
The company once called the “most remarkable firm of traders to be involved in the opening up of China” is stepping back from day-to-day business after Jardine Matheson declared it would be an ...
Waton Financial Limited Announces Pricing of Initial Public Offering
The Ordinary Shares are expected to begin trading on the Nasdaq Capital Market under the ticker symbol “WTF” on April 1, 2025. The Offering is expected to close on April 2, 2025, subject to customary ...
Dominant Display: Tai Po Defeats Lee Man 7-3 to Reclaim the Top Spot in Hong Kong Premier League
In a thrilling showdown that highlighted the competitive spirit of the 'BOC Hong Kong Premier League', Tai Po decisively defeated Lee Man with a staggering score of 7-3. This remarkable victory not ...
US slaps sanctions on top Chinese, Hong Kong officials for rights abuses
Secretary of State Rubio says Beijing ‘broke promises’ to Hong Kong residents, depriving them of their freedoms.
The United States on Monday imposed sanctions on Hong Kong’s police chief and five other officials over human rights concerns after China clamped down in the financial hub.
The United States on Monday imposed sanctions on Hong Kong's police chief and five other officials over human rights concerns after China clamped down in the financial hub. The sanctions "demonstrate ...
Hong Kong climbs up the IPO league table to fourth as fundraising jumps fourfold
IPOs totalled US$2.3 billion from 15 firms in the first quarter, compared with US$612.7 million a year earlier, LSEG data shows.