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Tag: finance

Posted on 02/08/2025

Hong Kong stablecoin stocks slide as new rules take effect, experts see healthy reset

Stablecoin-exposed shares in Hong Kong sank sharply amid fresh rules, but analysts argue the selloff reflects a constructive market correction.

Posted on 02/08/2025

Court freezes Hong Kong beverage heiress’ bank account over inheritance dispute with extramarital half-siblings

H ONG KONG, Aug 2 — A Hong Kong court issued a freeze order on an HSBC bank account involved in an inheritance dispute involving the children of the late beverage magnate Zong Qinghou. Qinghou is the ...

Posted on 02/08/2025

Can Hong Kong’s IPO boom plug the hole in the city’s floundering office market?

Massive uptake of office space by financial firms amid an upturn in the city’s IPO fortunes offers a glimmer of hope for the property sector.

Posted on 01/08/2025

Hong Kong eases listing rules to boost red-hot IPO market

HONG KONG] Hong Kong eased some of its rules to list in the city, potentially bolstering what’s already been one of the hottest markets in the world for initial public offerings this year. Read more ...

Posted on 01/08/2025

Hong Kong to Enforce KYC Checks for Stablecoin Transactions Above $8,000

Hong Kong mandates KYC for stablecoin transactions above $8,000, aiming to reduce financial crime and strengthen regulatory oversight.

Posted on 01/08/2025

Retiring OCBC CEO to spend more time with family in Hong Kong, but will not leave Singapore completely

Current group CEO Helen Wong said the bank had identified potential candidates internally, while doing a “comprehensive global search”, before deciding on Mr Tan Teck Long, its current head of global ...

Posted on 01/08/2025

Air-Conditioner Maker Aux Electric Is Said to Target Hong Kong IPO in September

Aux Electric Co., one of China’s top makers of air conditioners, is targeting to go public in Hong Kong as early as September in a listing that could raise $600 million to $800 million, according to ...

Posted on 01/08/2025

Fintech firms rush to raise equity in Hong Kong to tap crypto frenzy

By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) -Fintech companies are rushing to raise equity in Hong Kong to fund expansions in cryptocurrencies, capitalising on investor fervour as the ...

Posted on 01/08/2025

Hang Seng Bank’s profits down 30% to HK$6.88b in H1 2025

Fees and other income rose 34% during the period. Hang Seng Bank’s profit attributable to shareholders fell 30% to $876.45m (HK$6.88b) in the first six months of 2025. Operating profit is down 25% to ...

Posted on 01/08/2025

2Stumbling Transsion Reportedly Weighing A Dual Listing In Hong Kong – But Is…

Like CATL, Transsion was a strong growth story at the time of its Shanghai listing in 2019, banking on its domination of an African market neglected by many of its peers. The company's stock is ...

Posted on 01/08/2025

Here’s why the HSBC share price crashed in Hong Kong after earnings

The HSBC share price plummeted in Hong Kong after the company reported weaker-than-expected results and announced a $3 billion share buyback.

Posted on 31/07/2025

Hong Kong sees 3.1% growth in second quarter

Hong Kong's economy grew by 3.1 percent in the second quarter, according to government estimates released Thursday, beating expectations, with strong exports buoyed by businesses racing to take ...

Posted on 31/07/2025

Hong Kong Economy Grows More Than Expected on Export Strength

Economic growth in Asia’s financial capital grew faster than expected in the second quarter, riding on strong exports as global companies frontloaded shipments to avoid tariffs.

Posted on 31/07/2025

Hong Kong central bank keeps key rate steady, tracking Fed

The Hong Kong Monetary Authority (HKMA) kept the base rate it charges via its overnight discount window unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal Reserve to keep rates steady ...

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