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Tag: news

Posted on 28/02/2025

Hong Kong home prices soften for a second month in January

Hong Kong's home prices fell for a second straight month in January, government figures showed on Friday, as potential homebuyers searched for more positive market signals amid a weak economic outlook ...

Posted on 28/02/2025

China’s Chery Auto applies for Hong Kong IPO

China's Chery Automobile has applied for an initial public offering in Hong Kong, seeking funds to develop new vehicles and technologies as well as to expand in global markets and improve domestic ...

Posted on 28/02/2025

Hong Kong Joins Global Stadium Race With New $4 Billion Sports Park

On Saturday, Hong Kong will officially open a new 50,000-seat stadium with a gala event, part of its bid to compete with cities around the region that are spending billions of dollars on ...

Posted on 28/02/2025

Hong Kong’s DeepSeek-powered AI tool ranks first in world for safety: minister

Innovation chief Sun Dong dismisses data leak concerns over locally developed ‘HKGAI V1’ being trialed in government departments.

Posted on 28/02/2025

Former Hong Kong lawmaker sentenced to over 3 years in jail on charge of riot during 2019 protests

A Hong Kong judge sentenced a former pro-democracy lawmaker to three years and one month in prison on a charge of riot after an incident in which he was beaten up at a subway station during the city’s ...

Posted on 27/02/2025

Hong Kong bourse logs 10% profit jump as trading turnover and IPOs surge

Hong Kong's bourse operator reported a 10% rise in annual profit, helped by sharp increases in trading turnover and new company listings, and said it was optimistic that a pickup in Chinese economic ...

Posted on 27/02/2025

Veteran Hong Kong democrat and 6 others jailed for rioting after 2019 mob attack

A Hong Kong court on Thursday sentenced veteran democrat Lam Cheuk-ting and six other men to jail terms of several years for rioting after being attacked by a white-shirted mob in the summer of 2019 ...

Posted on 27/02/2025

Hong Kong stock exchange reports record profits after China stimulus

High interest rates in the US, which translate directly to Hong Kong due to the territory’s dollar peg, had depressed dealmaking in the city. Coupled with its exposure to China’s economic slowdown, ...

Posted on 27/02/2025

Hong Kong exchange’s 2024 profit rises 10% on higher trading revenues

Hong Kong's bourse operator reported on Thursday a 10% rise in profit in 2024, beating forecasts, bolstered by a sharp jump in trading revenues after the announcement of China economic stimulus ...

Posted on 27/02/2025

Hong Kong cutting 10,000 civil service jobs – is it enough to turn its finances around?

Hong Kong's government workers will bear the brunt of the biggest cuts in the finance chief's bid to balance the books as the city braces itself for a fourth straight year of deficit.

Posted on 27/02/2025

Hong Kong Looks to Save Pennies to Fight Its Way Out of the Red

The Hang Seng Index has soared 21% since Trump’s inauguration to touch a three-year high. The gauge has benefited from DeepSeek’s breakthrough and President Xi Jinping’s declaration to high-profile ...

Posted on 27/02/2025

US targets firms in China, Hong Kong over alleged role in Iranian drone procurement

The United States imposed sanctions on six entities based in Hong Kong and China on Wednesday that it accused of being involved in an Iranian drone procurement network, as the Trump administration ...

Posted on 27/02/2025

Hong Kong’s 50 Richest 2025: Stock Market Rally Lifts Wealth But Property Woes Linger

ByJane Ho, Forbes Staff. I cover Asia's wealth and entrepreneurs from a base in Singapore. This story is part of Forbes’ coverage of Hong Kong’s Richest 2025. See the full list here. Though Hong ...

Posted on 27/02/2025

Treasury sanctions six Hong Kong entities for helping Iranian drone network

The U.S. Treasury Department's Office of Foreign Assets Control Wednesday sanctioned six Hong Kong companies for allegedly being part of a covert Iranian drone procurement network.

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