Despite calling the two cities twin engines for finance, Beijing’s actions favour Hong Kong as China’s one true global funding hub.
US hits Hong Kong and UAE firms with new round of Iran-related sanctions
Announcement comes after Trump-Xi phone call and amid Washington's efforts to make headway on a nuclear deal with Tehran The United States unveiled another round of sanctions targeting 10 individuals ...
Hong Kong approves land grants to beleaguered Urban Renewal Authority in rare move
Statutory body handed Hung Hom and Tseung Kwan O sites to support redevelopment projects, with a condition to review its financing model.
Hong Kong bankers anxious as New World Development seeks $11.2 billion refinancing
Financial circles in Hong Kong are experiencing heightened tension as New World Development Co. races against time to secure a HK$87.5 billion ($11.2 billion) refinancing package before the end of the ...
Asian stocks end mixed: Hang Seng snaps winning streak, Nikkei jumps 0.5%
Asian equity markets closed mixed on Friday in a subdued trading session, with investors weighing the latest developments in US-China relations and bracing for key economic data from the US later in ...
Hong Kong To Maintain Openness And Global Connectivity Amid Trade Conflicts
Hong Kong wants to grasp the opportunities resulting from ongoing trade tensions, the city’s Financial Secretary Paul Chan said at a S&P Global Market Intelligence roadshow.
HK to include renminbi counters in Southbound Connect
Financial Secretary Paul Chan on Friday reiterated that Hong Kong is speeding up the inclusion of renminbi counters in the Southbound Stock Connect ...
Hong Kong shareholder Oasis to push Toyota Motor to raise bid for Toyota Industries
Hong Kong-based Oasis Management, a shareholder in both Toyota Motor and Toyota Industries , will push for the Japanese automaker to make a higher offer to take Toyota Industries private, its chief ...
IFF 2nd Sci-tech Finance Dialogue: Deep Hubei-Hong Kong Collaboration Forges New Tech-Finance Ecosystem
With the theme of "Collaboration and Connectivity Between Hubei and Hong Kong," the summit co-hosted by the IFF Sci-tech Finance Committee and Wuhan Institute of Industrial Innovation and Development ...
HSBC Chair Tucker to return to Asia insurer AIA after overseeing bank overhaul
HSBC Holdings' high-profile Chairman Mark Tucker will return to the insurance sector as chair of Hong Kong-based AIA Group, after having presided over top management changes and navigated Sino-U.S.
After CATL’s IPO spark, China’s EV leaders bank on Hong Kong for growth funds
China’s top smart mobility firms like Chery Auto, Seres Group and Hesai eye Hong Kong market to fund global expansion plans.
Hong Kong ‘an ideal location for family offices’
Mahesh Harilela, family council convenor of Harilela Group, said on Thursday that Hong Kong's robust banking and legal systems make the city an ...
Sainte Nutritional Files For Hong Kong IPO
Sainte Nutritional has filed for a Hong Kong IPO, boasting a list of heavyweight financial backers and soaring revenue and profits As Chinese birthrates decline, the infant-focused maker of foods for ...
Regulators move on plans to open Hong Kong’s $21T crypto derivatives market to pro traders
Hong Kong’s Securities and Futures Commission (SFC) is moving to open crypto derivatives trading for professional investors, marking a significant step in the city’s digital asset evolution. The ...