HKMA allows buyers to borrow up to 70% of a property’s value, with the aim of reviving the market where prices have declined by 6.2% in the year’s first eight months.
China’s Horizon Robotics seeks $696 million in Hong Kong IPO
Chinese firm Horizon Robotics is aiming to raise up to $696 million in a Hong Kong initial public offering (IPO) as the city's listings market shows signs of renewed activity after a year-long slump.
Soy-sauce producer Haitian plans to raise US$1.5 billion in Hong Kong IPO, sources say
The Guangdong-based company is in talks with advisers on a potential share sale in the Asian financial hub and a listing could happen in the first half of next year.
Wall Street Breakfast Podcast: Alibaba, Baidu Back Horizon Robotics’ Hong Kong IPO
Alibaba invests in Horizon Robotics' Hong Kong IPO. The Container Store, Beyond announce strategic partnership. Meta must face lawsuits saying it profited from youth social media addiction.
Horizon Robotics’ US$700 million IPO boosts Hong Kong’s market after Beijing’s stimulus
Hong Kong’s IPO market is experiencing a surge in activity, driven by Beijing’s stimulus measures and improved investor sentiment.
Alibaba, Baidu invest in Horizon Robotics’ Hong Kong IPO – report
Alibaba (BABA) and Baidu (BIDU) have emerged as cornerstone investors in Hong Kong's upcoming IPO Horizon Robotics. Read more on the announcement here.
Hong Kong pushes reforms to spark growth, cut liquor duties
Hong Kong's leader pledged on Wednesday to reform and revive the economy and financial markets, with moves including a big cut to liquor duties, while also seeking to improve dire living conditions ...
Hong Kong stocks snap 2-day loss on hope of fiscal support details
Stocks traders are also keeping an eye on Wednesday’s third policy address by Hong Kong Chief Executive John Lee Ka-chiu. He is expected to announce plans to diversify the economy through innovation ...
Hong Kong eases mortgage rules to address property slump
Hong Kong has introduced new measures to alleviate its prolonged property market slump by easing mortgage rules. The city will raise the loan-to-value (LTV) ratio for all residential properties to 70% ...
Hong Kong customs arrests 5 in crackdown on syndicate that laundered HK$1.6 billion
Bank manager, syndicate's allegedly leader, former compliance officer of money changer and two directors of shell companies apprehended A bank manager was among five men arrested by Hong Kong customs ...
HK startups leverage AI for growth in education and tourism
As large language model (LLM) technology advances, Hong Kong startups are leveraging it to develop a wide range of end-product applications, with a particular focus on education and tourism to tap ...
Hong Kong pushes reforms to spark economic growth, cut liquor duties
Hong Kong's leader pledged on Wednesday to reform and revive the economy and financial markets including slashing liquor duties, while seeking to improve dire living conditions for the city's poorest.
Here Are the Winners and Losers From Hong Kong’s Policy Address
Hong Kong’s property developers, brokerages and retailers are poised to benefit from the chief executive’s policy address as the government relaxes mortgage rules and expands a plan to attract wealthy immigrants.
Hong Kong to Relax Mortgage Rules to Bolster Property Market
Hong Kong will relax its mortgage rules to allow lower downpayment for homebuyers amid a prolonged property slump in the city.