MTR Corporation says trains at Wan Chai station were halted, later adding that services were ‘gradually resuming’.
Carlyle-backed Chinese laboratory chain Adicon goes ahead with US$52 million Hong Kong IPO on third attempt
Adicon Clinical Laboratories, a mainland Chinese laboratory chain backed by Carlyle Group, is seeking to raise HK$409 million (US$52 million) from an initial public offering (IPO) in Hong Kong, ...
Hong Kong stock exchange debuts yuan-denominated shares as China speeds up push to internationalize its currency and replace the U.S. dollar
(Hong Kong, unlike China, has an open financial market with a freely-convertible local currency.) Yet Aguzin shared another benefit to HKEx’s new program: That it would “continue helping on the ...
BitValue Capital Drives Hong Kong’s Web3 Development: Fostering Innovation and Supporting Startups in the Global Hub of Finance and Technology
Hong Kong is one of the largest financial centers in Asia and a leading global hub for technology innovation. In this international and open environment, an ...
Hong Kong stock exchange’s yuan stock trading debut gets lukewarm trade volume
The 24 companies that debuted the yuan-denominated stock trading scheme in Hong Kong attracted a small fraction of their stocks' trading volume on Monday, as interest in using the new currency option ...
HKMA’s global financial summit, BIS conference to bring hundreds of bankers to Hong Kong in November
Nearly 300 top global banking and finance executives and scores of central bankers will descend on Hong Kong in November for two conferences hosted by the Hong Kong Monetary Authority (HKMA). The city ...
Hong Kong opposition party League of Social Democrats urges HSBC to reverse unexplained account closures
The pro-democracy League of Social Democrats (LSD) has written to HSBC, urging the bank to reverse a decision to close their accounts,. The opposition party – one of the city’s last – had been using ...
Hong Kong tycoon Jimmy Lai loses appeal against phone search
A Hong Kong appeal court on Monday blocked jailed media tycoon Jimmy Lai's bid to challenge in the city's highest court a warrant obtained by national security police to scrutinise the contents of his ...
Hong Kong says Cyberport attracted 150 Web3 firms in a year
The country’s Financial Secretary says state funding and support have helped draw Web3 innovators to the digital hub.
A Hong Kong protest song has disappeared, and reappeared, on major streaming platforms
A popular song from Hong Kong’s democracy movement has begun to disappear from several major music streaming sites – including in some locations overseas – days after the Chinese business hub’s local ...
Cornerstone Investors to Buy 71% of Adicon’s Hong Kong IPO
By Dave Sebastian Adicon Holdings, a laboratory-testing provider in China, is seeking to raise $52.3 million through a Hong Kong initial public ...
SE Asia Courier J&T Files for Hong Kong IPO
Indonesian courier giant J&T Express has filed for an initial public offering in Hong Kong three years after entering the Chinese market, a listing that is likely to crank up competition in China’s ...
HSBC among five banks teaming up with ECIC to widen insurance coverage to private mainland buyers in boost for Hong Kong exporters
HSBC, DBS, Hang Seng Bank, Bank of China (Hong Kong) and Bank of East Asia – have teamed up with government-backed ECIC to offer the city’s exporters better coverage for payment defaults by mainland ...
Hong Kong’s new dual counter scheme ‘solidifies’ city’s role as yuan trading hub, HKEX CEO says
Investors in Hong Kong will soon be able to trade selected Hong Kong stocks in both the Hong Kong dollar and Chinese yuan in the so-called dual counter scheme.