Biel Crystal Manufactory Ltd., one of the world’s largest producers of glass covers for phones, is considering reviving its plans for a Hong Kong initial public offering amid a resurgence of listings ...
Hong Kong regaining status as premier IPO market
Hong Kong's initial public offering market is gaining depth and dynamism and reinforcing its role as a premier global listing venue, with abundant liquidity, attractive valuations and market reforms ...
HSBC MPF + VML China launch campaign tailored for Hong Kong professionals with Jan Lamb
HSBC MPF has partnered with VML to launch its latest brand campaign, 至Fit香港人 (HSBC MPF – The MPF Scheme Tailored for Hong Kong People). Aimed at reinforcing HSBC MPF’s market leadership and deepening ...
Hong Kong’s US$25 billion pile of soured debt spurs talks to form ‘bad bank’
HONG KONG] The pile of non-performing loans (NPLs) at Hong Kong lenders has grown so large that some in the industry have discussed the creation of a “bad bank” to soak up the financial hub’s soured ...
Hongkongers prioritise quality over longevity in retirement: Manulife
Hongkongers want to ‘live independently and do what is important’ rather than simply live longer, a survey of 1,000 residents shows.
Chinese AI firm MiniMax targets $4 billion-plus valuation in Hong Kong IPO, sources say
Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 billion in the flotation, which could happen before the end of this year, ...
Yeahka to support HSBC Digital Merchant Services in Hong Kong
The move introduces additional payment methods for merchants, incorporating services such as Alipay, AlipayHK, and WeChat Pay.
Hong Kong property sector could face challenges but ‘risks are manageable’: FSDC chair
There is no need to worry about anything like ‘too big to fail’ because the fact is, the property sector only represents a small portion of Hong Kong's economy and bank loa ...
Chinese AI firm MiniMax files confidentially for Hong Kong IPO, sources say
Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 billion in the float, which could happen before the end of this year, ...
Hong Kong wealth, fund assets hit HK$35.1 trillion as inflows surge
HONG KONG] Hong Kong’s assets under management across its asset and wealth management industry rose 13 per cent to HK$35.1 trillion (S$5.7 trillion) as inflows surged last year, underscoring a ...
BOC seizes P304-M illegal drugs in separate ops at NAIA
The Bureau of Customs-Ninoy Aquino International Airport (BOC-NAIA) seized over 44 kilograms of suspected shabu worth over PHP304 million in two separate interdiction operations at Terminal 3 in Pasay ...
BOC seizes nearly P2M in undeclared cash from passenger bound for Hong Kong
CUSTOMS authorities have confiscated P1.199 million in undeclared local currency from a 26-year-old male passenger bound for Hong Kong, citing a violation of th ...
Citi to boost Japan investment banking headcount up to 15%, executive says
Citigroup plans to raise its investment banking headcount in Japan by 10% to 15% over the next year and make new hires in Australia, as part of its strategy to bolster growth in the Asia Pacific, its ...
Chinese AI Startup MiniMax Files for Hong Kong IPO, Sources Say
MiniMax has confidentially filed for an initial public offering in Hong Kong, according to people familiar with the matter, signaling the onset of a race among China’s generative AI startups to tap ...