New life insurance sales in the first nine months of 2024 stood at HK$169.7 billion (US$21.8 billion), the highest since the authority set up in 2016.
HSBC Executes Major Share Buy-Back
HSBC Holdings plc announced the repurchase and cancellation of a significant number of its ordinary shares as part of a buy-back program initiated in October 2024. This strategic ...
Hong Kong Pharma Digital Technology Holdings Limited Announces Closing of Initial Public Offering
Hong Kong Pharma Digital Technology Holdings Limited ("Hong Kong Pharma" or the "Company") (NASDAQ: HKPD), a leading provider ...
1st APAC Intelligent Finance Forum and “Embarking on Prosperity Journey Together” Partnership Convention Concluded Successfully in Hong Kong
On January 16, 2025, the 1st APAC Intelligent Finance Forum, hosted by the Global Corporate Scale Management Association and co-organized by Jin Xing Hui and HK ...
China Vanke’s Hong Kong shares drop 8% after report of CEO detention
The Hong Kong-listed shares of property developer China Vanke plunged more than 8% on Friday after state media reported that authorities had detained its chief executive. A Shenzhen government task ...
DBS welcomes deepening financial market ties between Hong Kong, China
It will broaden overseas investment channels for mainland institutional investors, a DBS managing director said. DBS Hong Kong welcomes the new measures announcing deeper financial market connectivity ...
Hong Kong Weighs Hiking Taxes on Top Earners for Second Year
Hong Kong’s government is exploring options to raise taxes on the city’s highest earners for a second straight year to plug shortfalls in its budget, according to people familiar with the matter.
Hong Kong’s CTF Services to issue US$100 million in convertible bonds
The infrastructure unit under Chow Tai Fook Enterprises said it will apply to list the new shares on the Hong Kong exchange.
Hong Kong Pharma stock falls 21% following U.S. IPO
Shares of Hong Kong Pharma Digital Technology (NASDAQ:HKPD), a provider of OTC pharmaceutical cross-border services, were down 21% Wednesday afternoon following a $4M U.S. initial public offering.
18th Asian Financial Forum Wraps Up Successfully
Attracting 3,600+ policymakers and business leaders to leverage Hong Kong's strengths as an international financial centre The 18th Asian Financial Forum (AFF) ended successfully today, drawing 3,600+ ...
Hong Kong’s IPO market excites global funds, bankers as jumbo deals return, CICC says
Foshan Haitian Flavouring, CATL are among mainland industry leaders planning billion-dollar IPOs as China deepens market connectivity.
Exclusive-China to Cut Pay by Half for Staff at Top Financial Regulators, Sources Say
China is set to slash pay for staff at its top three financial regulators, including the central bank, by about half, as part of a regulatory revamp unveiled in 2023 to bring their salaries in line ...
Regina Ip’s party proposes higher traffic fines to cut Hong Kong deficit
A Hong Kong party headed by a top government adviser has suggested increasing traffic fines, tunnel fees and property rates, as well as freezing civil service salaries, in a bid to reduce the city’s ...
Paul Chan: Forecast of Rebound in HK IPO Mkt Continues This Yr
Speaking at the 2nd Hong Kong Capital Markets Forum 2025, Financial Secretary Paul Chan said that, although the peripheral environment faced by Hong Kong in the past year remained complex and volatile ...