CHINESE autonomous driving firm Horizon Robotics is aiming to raise up to US$696 million in a Hong Kong initial public offering, as the city’s listings market shows signs of renewed activity after a nearly two-year slump.
Hong Kong set to cut liquor taxes
HONG KONG — Hong Kong’s leader announced a cut in liquor taxes on Wednesday in a bid to revive the Asian financial hub’s reputation as a travel destination with a vibrant nightlife and dining scene.
Hong Kong SMEs facing loan hurdles should contact Monetary Authority, John Lee says
Chief executive says de facto central bank has been tasked with ensuring policies to help SMEs trickle down to financial institutions Small and medium-sized enterprises (SMEs) that face persistent ...
HSBC GPB Remains Neutral on CN/ HK Stocks, Prefers Low-Valuation High-Yield Insurers/ Telecoms/ Utilities & Financially Sound CN Developers
Cheuk Wan Fan, Chief Investment Officer, Asia, at HSBC Global Private Banking (GPB) and Wealth, stated that the State Council will disclose measures regarding "intensifying counte ...
Hong Kong must regain strength as gold trading centre in ‘game changer’ for economy: John Lee
Chief Executive calls for immediate action to build from 'low base', keep up with Singapore's recent launch of vault with 500-tonne gold depository Hong Kong must move quickly to regain a strong ...
What Tesla Didn’t Tell You About Its Optimus Robots
Bloomberg's Max Chafkin joins Ed Ludlow to discuss the undisclosed human factor behind Tesla's Optimus robots showcased during its Cybercab event. He speaks on "." (Source: Bloomberg)
Hong Kong stocks halt 3-day decline on plan to reinvigorate IPOs, China ministry briefing
Investors await details from a press conference held by China’s Housing Minister Ni Hong for reviving the nation’s property market.
HSBC HOLDINGS Buys back 2.68M+ Shrs for HKD182M in Total Ytd
HSBC HOLDINGS (00005.HK) announced that it had bought back a total of 2.6846 million shares of the company in the UK and Hong Kong markets yesterday (16th), involving a total of HK... HSBC HOLDINGS ...
Hong Kong details economic blueprint
After a slowdown, Chief Executive John Lee used his annual policy address to say the city must “embrace changes.” ...
Hong Kong’s leader unveils economic blueprint focused on reforms
In his third policy address, John Lee lays out steps aimed at transforming city’s traditional sectors while creating new areas for growth.
How can Hong Kong’s virtual banks stay competitive in a crowded, tightly regulated sector?
Since the Hong Kong Monetary Authority awarded its first licences in 2019, the sector has grown to include 8 virtual banks – but making money has not been easy.
With its Cybercab Design, Tesla Confused Investors
The sporty two-seater robotaxi unveiled last week underwhelmed analysts, who wonder how it will actually serve riders’ needs.
China Resources Beverage Seeks Up to $649 Million in Hong Kong IPO
China Resources Beverage Holdings Co. is seeking to raise as much as $649 million in its Hong Kong initial public offering, one of the city’s largest listings this year.
Tesla’s robotaxi hype should help Hong Kong’s stuttering IPO market
Interest in self-driving cars has gone up a gear thanks to Tesla’s recent much-hyped robotaxi event. Chinese autonomous driving firm Horizon Robotics has chosen a good time to raise funds in a Hong ...