Stocks sustain a rally as HKEX and Longfor lead gainers amid bets on more market-boosting measures. Investors are turning less bearish as policymakers begin to address a slump in confidence.
Crypto Bank Seba Wins In-Principle Approval to Operate in Hong Kong
Seba, a crypto bank based in Switzerland, said it won approval-in-principle (AIP) from Hong Kong's Securities and Futures Commission (SFC) for its regional subsidiary as it looks to extend its ...
Chinese EV start-up Hozon raises US$960 million in pre-IPO financing, looks to expand footprint at home and abroad
Shanghai-based carmaker did not name the investors in the crossover funding round, its first capital raise since July 2022 Hozon, also known as Neta Auto, is also seeking to raise US$1 billion via a ...
IT Market in Hong Kong to grow by USD 6.72 billion | Increased adoption of IT solutions among Hong Kong SMEs drives market – Technavio
Hong Kong's thriving startup ecosystem with a focus on digital transformation, contributes to the rapid evolution of the IT landscape. Additionally, the city's advanced telecommunications ...
China Steel Website Zhaogang Nears Hong Kong’s First SPAC Merger, Sources Say
Chinese steel trading website Zhaogang.com is nearing a deal to merge with a Hong Kong-listed blank-check company backed by China Merchants Bank Co.’s overseas asset management arm, people with ...
Hong Kong police raid family home of Brisbane-based activist over three-year-old work of fiction
A Brisbane-based activist says he fears returning to Hong Kong after police searched his home there over allegations a piece of fictional writing in Cantonese violated the national security law.
Hong Kong police hunt motorcyclist after red paint splashed on Michelin-starred restaurant
Hong Kong police are hunting a motorcyclist suspected of splashing red paint on a one-Michelin-star restaurant in Sai Kung. The incident at daybreak on Wednesday marked the second time paint was ...
Phillips cements Hong Kong’s place as Asia’s arts hub
Purpose-built, six-storey premises, located beside world-class M+ museum, can help firm capitalise on new synergies within the waterfront cultural district.
High interest rates stall foreign property deals in Hong Kong
Bank mortgage rates for commercial properties in the city can be as high as 6%. Recovery for Hong Kong’s non-residential investment market did not happen as predicted as interest rate hikes outweighed ...
Swiss SEBA Bank gets approval-in-principle for Hong Kong crypto services
Swiss crypto-focused SEBA Bank on Wednesday said it has received an approval-in-principle from Hong Kong's securities regulator that takes it only one step away from offering virtual asset services in ...
Hong Kong Dollar Set for Worst Month Since 1985
(Bloomberg) -- The Hong Kong dollar is poised for its biggest monthly retreat since 1985 as interest rates in the city drop and pessimism toward China’s economy weighs on the stock market. Most Read ...
Chinese bank shares fall on existing mortgages rate cut concerns
Shares in China's banking sector dropped on Wednesday on worries that a reduction in existing mortgage rates will dent the profitability of lenders already reeling from a worsening property sector ...
A Lesson From Hong Kong For Those Who Worry China Hides Bad News
According to Washington Post columnist Catherine Rampell, “The Chinese economy has hit a rough patch.” On their face, comments like these always rate a raised eyebrow: I can’t measur ...
SEBA Hong Kong Awarded Approval-in-Principle by Hong Kong Regulator to Conduct Licensed Crypto Related-Services
HONG KONG--(BUSINESS WIRE)--SEBA Bank, a full-service, global crypto bank providing financial solutions for the digital age (wealth management, investment, trading, and advisory services), has today ...