Business
Hong Leong Finance sees over 300% growth in EV loans
Hong Leong Finance (HLF) announced that it has seen a more than 300 per cent increase in electric vehicle (EV) loans, from S$73 million in…
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Business
Hong Kong bourse operator to shift headquarters in US$812 million deal
Hong Kong’s bourse operator will shift its headquarters, it said on Thursday (Apr 24) and will take over the top nine floors of a building…
Business
Permira shuts Hong Kong, Shanghai offices in pivot to India
Permira Holdings is overhauling its Asia strategy, closing offices in Hong Kong and Shanghai and shuffling senior leadership to India,…
Business
Hong Kong stocks drop on trade war anxiety, China inches higher
Hong Kong shares fell on Wednesday (Apr 16), dragged by technology stocks, after the US restricted Nvidia chip sales to China, raising…
Business
China Southern is said to mull Hong Kong IPO of cargo unit
The deal may be coming at a tricky time for the company, which relies on Chinese exports that are under threat because of the country’s…
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Condé Nast Taps Major China Rival for GQ Hong Kong Launch, Aims for Return of Big, Chinese Ad Budget
LONDON — Condé Nast has granted its Hong Kong-based licensing partner, Rubicon Publishing Ltd., the publisher of Vogue Hong Kong, to…
Business
China’s Duality Biotherapeutics shares rise 130% in Hong Kong debut
Duality Biotherapeutics stock more than doubled on its Hong Kong debut on Tuesday (Apr 15), after the Chinese firm raised US$213 million…
Business
Hong Kong stocks end 13.22% down, worst since 1997 Asian financial crisis
Shares in Hong Kong plummeted more than 13 per cent Monday (Apr 7) on their worst day in almost three decades as China’s retaliation…
Business
Hong Kong considers new OTC stock market for delisted companies
Hong Kong is drafting rules for an over-the-counter (OTC) market for delisted shares to give investors at risk of owning a growing pile of…
Business
Hong Kong derivatives trading surges to record on turbulent markets and hedge fund interest
Big swings in stock markets and hedge fund activity have propelled Hong Kong’s derivative trading to unprecedented highs. The number of…
Business
China, Hong Kong stocks shrug off new US tariff threat; tech, auto lead gains
The chip sector rallies 1.3%, while automobiles sub-index also reverses losses to climb up 0.9%, leading onshore markets higher China and…
Fashion
EXCLUSIVE: Louis Vuitton Shows Takashi Murakami Works at Art Basel Hong Kong
PARIS — When Takashi Murakami first joined forces with Louis Vuitton more than two decades ago, he got blowback for using the brand’s…
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Temasek-backed companies should not face obligation to list in Singapore: Chee Hong Tat
COMPANIES should not be obliged to list on the Singapore Exchange (SGX), said Second Minister for Finance Chee Hong Tat on Friday (Feb…
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Law firm HFW expands Hong Kong office to Hongkong Land’s tower
HFW will have more space in the new office, in contrast with the recent downsizing efforts by some of its international peers HONGKONG…
Business
Hong Kong and Singapore lead Asia’s drive to cash in on crypto boom
Hong Kong and Singapore are the front-runners in a push by Asian governments to become cryptocurrency hubs as they look to capitalise on…
Business
Hong Leong Finance posts 10% rise in H2 profit to S$51.5 million, as net interest margin expands
HONG Leong Finance posted a 10 per cent rise in net profit to S$51.5 million for the six months ended December 2024. This was driven by an…
Business
Disclosure-based regulatory system and investor protection ‘not mutually exclusive’: Chee Hong Tat
THE move towards a more disclosure-based regulatory system for Singapore’s equity market does not mean that protection for investors will…
Business
Chinese bubble tea chain Mixue aims to raise US$443 million in Hong Kong IPO
Mixue has 45,000 stores in mainland China and 11 other countries through a major franchise network CHINA’S largest bubble tea and drinks…
Business
Hong Kong eyes crypto derivatives, margin lending in digital asset push
HONG Kong is considering approving derivatives and margin lending in virtual assets for some investors, its financial regulator said on…
Business
Hong Kong expands virtual asset push with new licensing, trading options
HONG Kong is expanding the ways investors can trade virtual assets, its financial regulator said on Wednesday (Feb 19), as the city races…
Business
Asia: Tech rally helps Hong Kong lead markets higher
HONG Kong resumed its tech-led rally on a healthy day for Asian markets on Tuesday (Feb 18) as a meeting between President Xi Jinping and…
Business
China’s Sany Heavy Industry aims to raise up to US$1.5 billion in planned Hong Kong listing: sources
CHINESE manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to US$1.5 billion, two sources familiar…
Business
HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs: source
HSBC has laid off around 40 investment bankers in Hong Kong, according to a source with direct knowledge of the matter, as part of a…
Business
New UPS air route targets trade from France to Hong Kong
A Boeing 747-8 freighter is guided to its parking stall at Paris Charles de Gaulle Airport. UPS has begun operating five cargo flights per…