Hong Kong’s finance chief has revealed a series of measures to strictly control government expenditure as the city grapples with an estimated deficit of HK$87.2 billion in the 2024-25 financial year ...
Hong Kong outlines plans to leverage strategic positioning, boost global connectivity
HONG KONG -- The Hong Kong Special Administrative Region (HKSAR) will continue to leverage its strategic positioning as the "three centers and a hub" and make good use of the advantages of "one ...
Chinese Electric Truckmaker Zhizi Is Said to Plan $200 Million Hong Kong IPO
Chinese electric truckmaker Zhizi Automobile Technology Co. is considering an initial public offering in Hong Kong that could raise about $200 million, according to people familiar with the matter.
Mixue’s Hong Kong IPO Smashes Records as Share Sale Is Oversubscribed More Than 5,125-Fold
Apart from being leader of the pack in China’s crowded modern tea sector, Mixue’s shares were in such high demand thanks to Hong Kong’s new IPO system, called FINI, rolled out in November 2023. This ...
Hong Kong to slash 10,000 civil service jobs, push AI in bid to reverse deficit
Hong Kong aims to cut spending by slashing 10,000 civil service jobs in an effort to rein in a rising deficit, and plans a big AI push as it navigates headwinds from global economic uncertainty, ...
Budget 2025: Hong Kong to bolster role in wealth, listings, digital assets, yuan
We are pressing ahead with high-quality development of Hong Kong’s international financial market,’ financial secretary says.
Retail portion of Mixue’s IPO sets record with nearly US$206 billion in subscriptions
The retail portion of the Hong Kong initial public offering (IPO) for China’s largest fresh-drinks chain, Mixue Group, attracted more than HK$1.6 trillion (US$205.9 billion) in subscriptions, and the ...
Don’t expect quick fixes from Hong Kong’s budget, economists say
Public should not expect overnight solutions from Paul Chan but rather steps showing there is no risk of deficit becoming structural, experts say Hong Kong's finance chief will deliver his "most ...
Dividend Stocks To Consider In February 2025
As global markets navigate the complexities of geopolitical tensions and economic uncertainties, investors are increasingly looking for stability amid fluctuating indices. With U.S. stocks ...
Raising service charges needed for Hong Kong’s financial health, experts say
Plenty of room to increase visa and passport fees, as well as illegal parking penalties, experts say Hong Kong authorities should consider gradually raising some service charges to a cost-recovery ...
Hong Kong Exchanges: Turning Positive With Favorable Outlook (Rating Upgrade)
Upgrade your investment knowledge with insights on Hong Kong Exchanges' strong Q4 2024 performance and promising 2025 prospects.
Jimmy Lai defends ‘grim’ predictions for Hong Kong’s deprivation of freedom
Judge slams former media boss for levelling gratuitous allegations at prosecutors while evading their questions in cross-examination.
Hong Kong investment firm’s board gives nod to more Bitcoin buying
HK Asia Holdings Limited has increased its Bitcoin holdings to nearly 9 BTC, just a week after the investment firm saw its share prices double after buying its first Bitcoin. HK Asia, a Hong ...
Budget 2025: how public servant pay cuts will impact you and Hong Kong’s finances
The Post examines whether reducing or freezing salaries of 173,000 government employees will help Hong Kong's fiscal health Slashing or freezing the salaries of Hong Kong civil servants has been ...