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Director of Hong Leong Asia unit resigns amid probe by authorities in China
Wu Qiwei, a former board member of China Yuchai International, is suspected of ‘serious violations’ Wu Qiwei, a director of Hong Leong…
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Business
Uber to plan investments in Hong Kong listings of Pony AI, WeRide
UBER Technologies is planning to invest in the Hong Kong listings of Pony AI and WeRide, according to people familiar with the matter,…
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Hong Kong runway resumes operations after fatal plane crash
The Hong Kong airport runway involved in a deadly plane crash has restarted operations, authorities said on Tuesday (Oct 28), just over a…
Business
Hong Kong Jockey Club sells US$1 billion portfolio to Canada firm
The entity has multiple exclusive legal betting licenses granted by the government on activities including horse racing and football…
Business
Huawei EV partner Seres seeks HK$13.2 billion in Hong Kong listing
Seres Group started taking investor orders for a Hong Kong listing that may raise as much as HK$13.2 billion (S$2.2 billion), making the…
Business
MAS to announce measures to help listcos deliver greater shareholder value in November: Chee Hong Tat
The Republic will be announcing more details of its “Value Unlock” programme in November, said Chee Hong Tat, Minister for National…
Business
MAS to announce in November measures to help listcos deliver greater shareholder value: Chee Hong Tat
They will include government grants, toolkits, and an expanded suite of engagement platforms The Republic will be announcing more details…
News
Hong Leong Asia unit’s director and ex-chief accountant detained in China
The director and former chief accountant of China Yuchai International (CYI) have been detained by Chinese authorities. Hong Leong Asia,…
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Hong Leong Asia units’ director, ex-chief accountant detained in China; shares fall 12.3%
The director of China Yuchai International (CYI) and former chief accountant of its unit Guangxi Yuchai Machinery have been detained by…
Business
Temasek-led consortium makes offer to delist China’s ANE in Hong Kong
The consortium is working with advisers on the take-private proposal, but the negotiations have been challenging [SINGAPORE/HONG KONG] ANE…
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From outdated to unstoppable: The rise of mainland brands in Hong Kong
Unlike flashy newcomers such as Laopu Gold, brands from the city have appeared traditional and rigid, with dated reputes in recent years…
Business
UBS tightens scrutiny of client funds mainly in Singapore and Hong Kong amid regulatory pressure: sources
The Zurich-based lender is using Deloitte and KPMG to help screen client documentation UBS Group is increasing scrutiny of the sources of…
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US weighs ban on Hong Kong tycoon Richard Li’s phone firm as China tensions rise
The move shows the US is widening its national security focus to include Hong Kong firms once seen as neutral The US took steps to block…
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US weighs ban on Hong Kong tycoon Richard Li’s phone firm PCCW as China tensions rise
The move shows the US is widening its national security focus to include Hong Kong firms once seen as neutral The US took steps to block…
Business
Temasek-backed US fintech firm iCapital to expand Singapore, Hong Kong operations
It also plans to open its first office in Australia to ride the wave of rising demand for alternative assets iCapital, a Temasek-backed…
Business
CGSI launches portfolio strategy focused on new listings and secondaries in Asean, Hong Kong
As investors turn to Asia for growth amid uncertainty in US markets, CGS International Securities (CGSI) is rolling out a new…
Business
Huawei’s EV partner Seres said to gauge interest for US$2 billion Hong Kong listing: sources
Chinese electric-vehicle maker Seres Group has started gauging investor interest for a Hong Kong listing that may raise US$1.5 billion to…
Business
Hong Kong's bourse operator expands commodities business with Dubai unit
HONG Kong Exchanges & Clearing (HKEX) launched a new unit in Dubai to advance its commodities business, the exchange operator said on…
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Hong Kongers rush to sell family jewels as gold glitters
Gold, traditionally seen as a store of value during times of instability, is one of the best-performing assets of 2025 Hong Kong residents…
Business
HSBC’s top boss bets US$14 billion on Hong Kong in push for growth
For a bank that has spent much of the last decade shying away from major deals, Elhedery’s approach marks a sea change from his…
Business
Launch of knowledge hub aims to beef up AI use among financial institutions: Chee Hong Tat
The Monetary Authority of Singapore (MAS) has launched an artificial intelligence (AI) knowledge hub to help the city-state’s financial…
Business
HSBC is tackling Hong Kong’s commercial real estate crisis
For those concerned with financial stability, HSBC Holdings. is doing the right thing by taking its Hong Kong subsidiary private. But its…
Business
Chinese 450 billion yuan optics firm Innolight weighs Hong Kong listing: sources
Zhongji Innolight, a Chinese maker of optical communication modules and devices, is considering a listing in Hong Kong, according to…
Business
Wilmar chair Kuok Khoon Hong and Centurion joint chair Han Seng Juan up stakes
Over the five trading sessions from Sep 26 to Oct 2, institutions were net buyers of Singapore stocks with net institutional inflow of…