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Posted on 06/05/2025

Hong Kong’s central bank intervenes to maintain currency peg

Hong Kong's de-facto central bank bought $7.8 billion (HK$60.5 billion) against the Hong Kong dollar on Tuesday from the market to stop the local currency strengthening and breaking its peg to the U.S ...

Posted on 06/05/2025

Hong Kong DIY Watch Brand Sets Sights on Europe Amid Trump Tariffs

Lai is the founder of DIY Watch Club, which sells do-it-yourself watchmaking kits to the overseas market, with over 80% of his shipments going to the United States. Starting from May 2, low-value ...

Posted on 06/05/2025

CATL Files Initial Prospectus for Hong Kong Listing

Chinese battery giant Contemporary Amperex Technology has filed a preliminary prospectus with the Hong Kong Exchange for a secondary listing, seeking to leverage the rapidly growing electric-vehicle ...

Posted on 06/05/2025

Ahead of Hong Kong IPO, China drug maker Hengrui touts partnership with US giant Merck

Jiangsu Hengrui Pharmaceuticals, a leading Chinese developer of novel drugs that recently received approval to go public in Hong Kong, is likely to see an acceleration in growth as its research and ...

Posted on 06/05/2025

Hong Kong Sells Record Amount of Currency to Defend Exchange Peg

Hong Kong authorities said they continued to purchase US dollars in an attempt to defend the foreign exchange peg.

Posted on 06/05/2025

Hong Kong authorities, consumer watchdog receive over 1,900 complaints about medical group’s sudden closure

Hong Kong authorities have received more than 1,300 complaints about the suspected closure of a medical company specialising in health checks and vaccinations, while another 600 complaints have been ...

Posted on 06/05/2025

Alibaba’s Fintech Arm Ant Group Eyes Hong Kong IPO For Ant International

Alibaba Group Holding (NYSE:BABA) fintech affiliate Ant Group explored listing its overseas arm, Ant International, on the Hong Kong stock exchange. The Jack Ma-founded fintech giant Ant, which ...

Posted on 06/05/2025

Crowds flock to celebrate the century-old Bun Festival in Hong Kong

Crowds flocked to the outlying Cheung Chau Island in Hong Kong to celebrate the Bun Festival, held each year in a century-old tradition to ward off evil and pray for peace and blessings. The ...

Posted on 05/05/2025

Miss Hong Kong Michelle Reis unveils $129M sea-view villa, one of Hong Kong’s most luxurious homes

Michelle Reis, crowned Miss Chinese International and Miss Hong Kong in 1988, has shared a glimpse of her HK$1 billion (US$129 million) villa in Hong Kong’s Shek O Peninsula, featuring a lush lawn and ...

Posted on 05/05/2025

Hong Kong Buys More US Dollars in Bid to Defend Currency Peg

Hong Kong authorities further intervened in the market, stepping up purchases of US dollars to defend the foreign exchange peg after the city’s currency again tested the upper end of its trading band.

Posted on 05/05/2025

Crowds join Hong Kong’s annual Bun Festival, one of its oldest and most colorful traditions

Bun festival on Hong Kong's remote island of Cheung Chau kicked off on Monday, starting with a traditional parade.

Posted on 05/05/2025

Hong Kong developer SHKP rushes out more Sierra Sea flats amid surge of mainland buyers

SHKP raises prices by nearly 10 per cent after first two batches sold out at levels 20 per cent below second-hand flats.

Posted on 05/05/2025

Hong Kong Dollar Tests Strong End of Trading Band for Second Day

The Hong Kong dollar tested the strong end of its allowable trading band for a second session Monday, as regional currencies rally amid broad weakness in the greenback.

Posted on 05/05/2025

Hong Kong IPO filings rush in amid worries trade war may slam listing window shut

Filings in the first four months of the year jumped 29 per cent year on year to 112, with a total of 152 companies now in the pipeline.

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