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Posted on 13/06/2025

Zhejiang Sanhua seeks US$1 billion in Hong Kong listing as Chinese firms rush to city

The Shenzhen-listed maker of heating systems is offering 360.3 million shares at HK$21.21 to HK$22.53 each Chinese heating systems supplier Zhejiang Sanhua Intelligent Controls aims to raise up to ...

Posted on 13/06/2025

China, Hong Kong national security authorities launch first publicly known joint operation

China's national security authorities and Hong Kong police conduct joint operation, raiding homes of six suspects for endangering national security.

Posted on 13/06/2025

Chinese AC & Heat Tech Company Plans $1 Billion IPO in Hong Kong

China’s Zhejiang Sanhua Intelligent Controls, a maker of refrigeration components, is planning a US$1 billion secondary listing in Hong Kong, underpinning the revival of the city’s IPO market.

Posted on 13/06/2025

China and Hong Kong national security authorities launch 1st publicly known joint operation

China’s national security authorities in Hong Kong and the city’s police launched their first publicly known joint operation, raiding the homes of six people on suspicion of colluding with foreign ...

Posted on 13/06/2025

Hong Kong Group That Lobbied for Chinese Labor Rights Shuts Down

The China Labor Bulletin, which tracks factory closures and worker protests in China, cited financial difficulties for its dissolution.

Posted on 13/06/2025

Hong Kong to develop crypto tracking tool for money laundering

Hong Kong Customs and Excise Department is partnering with the University of Hong Kong to develop a digital tool to track cryptocurrency transactions in suspected money laundering schemes. On Thursday ...

Posted on 13/06/2025

Jack Ma’s Ant International Seeks Stablecoin Licenses in Hong Kong, Singapore: Bloomberg

Hong Kong has been establishing a stablecoin regime since 2023, with the legislation expected to go into effect in August.

Posted on 13/06/2025

Ant International and Ant Digital to seek stablecoin licences in Hong Kong

The two Ant units’ move aligns with its global ambitions as other companies, including rival JD.com, line up to issue fiat-backed cryptocurrencies.

Posted on 13/06/2025

Hong Kong-based NGO China Labour Bulletin dissolves after 3 decades, cites financial strife

Hong Kong-based NGO China Labour Bulletin (CLB) has announced its decision to dissolve citing difficulties with finances and debt. In a website statement shared on Thursday, it said “the company can ...

Posted on 13/06/2025

China’s Zhejiang Sanhua plans to raise up to $1 billion in Hong Kong listing

(Reuters) -Chinese heating systems supplier Zhejiang Sanhua Intelligent Controls is aiming to raise up to HK$8.12 billion ($1.03 billion) through a Hong Kong listing, signaling that more mainland ...

Posted on 13/06/2025

New World’s Luxury Ambition Collides With Hong Kong Property Downturn

In a gentrifying neighborhood near a picturesque marina, the ambition of a troubled Hong Kong property developer is colliding with harsh economic realities. Deep Water Pavilia has all the high-end ...

Posted on 13/06/2025

Miss Hong Kong Crystal Fung sparks rift speculation with predecessor Louisa Mak after not visiting her and newborn

Miss Hong Kong 2016 Crystal Fung has sparked rumors of a falling-out with Louisa Mak, the 2015 Miss Hong Kong titleholder, after speculation arose about her not visiting Mak and her newborn.

Posted on 13/06/2025

Twice-unlucky public flat tenants to be prioritised for Hong Kong subsidised homes

Measure part of latest round of home ownership policy, which will see 2,576 flats at Kowloon Bay’s Wang Chi Court go up for grabs.

Posted on 13/06/2025

$11.2 Billion or Bust? New World’s Debt Deadline Could Rock Hong Kong’s Property Market

The urgency stems from a ticking clock on New World's existing debt covenant. Miss it, and the already distressed prope ...

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