China is hoping to drive cross-border use of its sovereign digital currency by offering shopping discounts to tourists from Hong Kong who open and pay with e-CNY wallets in the southern technology hub ...
Self-Driving Firm iMotion Weighs $300 Million Hong Kong IPO, Sources Say
Motion Automotive Technology Suzhou Co., a developer and provider of AI automated driving solutions, is considering a Hong Kong initial public offering that could raise $200 million to $300 million, ...
Hong Kong stocks surge on upbeat recovery signs
Wednesday also marked the first day that Hong Kong lifted its mask mandate, a move that analysts said would boost investor confidence in economic vitality, especially in fields including tourism and ...
What Hong Kong needs for the exciting budget ideas to take off
In a word: collaboration. From universities to professionals to the government, there must be better collaboration across sectors and disciplines The work that led to the world-first launch of ...
Climate change: HSBC grants first green loan in Hong Kong to tech firm Ampd Energy
The lender has provided an US$8 million two-year loan to Ampd Energy, to fund its giant batteries deployed at construction sites Loan shows how the financial sector can play an active role in ...
Genecast Hopes for High IPO Valuation Despite Red Ink, Regulatory Risk
Genecast has filed for a Hong Kong IPO, reporting it lost 1.4 billion yuan over the past three years on big spending for sales and R&D The cancer molecular diagnostics industry where the company ...
HSBC raises $2 billion in additional Tier 1 bond
HSBC Holdings said on Wednesday it raised $2 billion from a convertible security issue, beating its own target on strong demand for the perpetual additional Tier 1 bond.In a filing to the Hong Kong ...
After over 2.5 years, Hong Kong authorities scrap mask-related COVID restrictions; authorities to stop imposing $1,000 fine
Hong Kong is all set to return to normalcy with the authorities deciding to stop mandatory rules on wearing masks in public places from March 1.
Billionaire Li’s FWD raises US$1.8b in two years before IPO
FWD Group Holdings Ltd raised a total of US$1.8 billion in private placements over the past two years, as the pan-Asian insurance company owned by Hong Kong billionaire Richard Li moves a step closer ...
Hong Kong Tries To Recover Its Global Financial Center Mojo
Given the competition it faces from Singapore, Hong Kong cannot afford to rest on its laurels if it wants to keep its standing as a financial center.
Asia markets mostly rise as Hong Kong announces to lift mask mandate, Japan’s factory output falls
Asia-Pacific markets were mostly higher on Tuesday as investors digested key economic data across the region. The Hang Seng index fell 0.69% as Hong Kong's Chief Executive John Lee announced to drop ...
Banks in HK, Macao connect customers to mainland
The branch launched the service in Hong Kong and Macao respectively in March and December 2019. Permanent residents aged 18 or above in the SARs who have an account at a local cooperative bank can ...
Billionaire Li’s FWD Raises $1.8 Billion in Two Years Before IPO
FWD Group Holdings Ltd. raised a total of $1.8 billion in private placements over the past two years, as the pan-Asian insurance company owned by Hong Kong billionaire Richard Li moves a step closer ...
FWD delivers organic growth ahead of planned HK IPO
FWD Group posted segmental adjusted operating profit before tax of US$334m in 2022, up 83% from 2021, ahead of a planned Hong Kong IPO this year. The Asian insurer controlled by Hong Kong billionaire ...