Business
Asia: Hong Kong leads stocks higher, yen gains as Ishiba vows to stay
Equities mostly rose on Monday on optimism countries will reach US trade deals before an August 1 deadline, while the yen gained after…
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Bevy of Chinese mega listings propel Hong Kong to top global exchange in H1 2025
A parade of China’s mega listings in Hong Kong since the turn of the year has helped restore some of the shine to the city as the world’s…
Business
Chinese mega listings catapult Hong Kong to top spot in global markets for IPOs in H1 2025
A parade of China’s mega listings in Hong Kong since the turn of the year has helped restore some of the shine to the city as the world’s…
Business
Hong Kong’s US$25 billion pile of soured debt spurs talks to form ‘bad bank’
The pile of non-performing loans (NPLs) at Hong Kong lenders has grown so large that some in the industry have discussed the creation of a…
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Blue Dragon Series Awards 2025 Presenters, Performers Lineup: Park Bo Young, Ahn Jae Hong, and More
Blue Dragon Series Awards 2025 productions announced on Wednesday (July 16) the lineup of stars to present at the fourth annual ceremony.…
Business
Asia: Hong Kong stocks lifted by Nvidia rally
Tech firms led another rally in Hong Kong stocks Wednesday after US titan Nvidia said it would resume exports of key chips to China after…
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Hong Kong government proposes first ride-hailing regulation
The Hong Kong government laid out proposals on Tuesday (Jul 15) to regulate ride-hailing platforms, such as Uber, following years of talks…
Business
L’Oréal Denies Claims Of Hong Kong Office Closure, Layoffs
After news began circulating earlier this week that L’Oréal is considering merging its Hong Kong office with its Mainland China…
Business
Hong Kong Jockey Club to unload US$1 billion in Blackstone, Warburg funds
The Hong Kong Jockey Club is divesting as much as US$1 billion in funds held with Blackstone and other buyout firms, offloading US assets…
Business
Barclays hires sales trader in Hong Kong after pullback
Barclays hired Joseph Lee from HSBC Holdings as head of high-touch equity sales trading for Asia-Pacific as the UK bank ramps up staffing…
Business
Hong Leong Asia unit imposes equity incentive plan of 1.8 million shares at US$0.10 apiece
Its aim is to create opportunities for directors and employees of CYI and its subsidiaries to participate in its equity Hong Leong Asia on…
Business
Hong Leong Asia unit China Yuchai International introduces share options to incentivise staff
Its aim is to create opportunities for directors and employees of CYI and its subsidiaries to participate in its equity Hong Leong Asia on…
Business
Hong Leong Asia unit introduces share options to incentivise staff
Aim is to create opportunities for directors and employees of China Yuchai International, and its subsidiaries, to participate in its…
Business
Shein files for Hong Kong IPO to save London listing: report
If UK’s Financial Conduct Authority is willing to accept a China Securities Regulatory Commission-approved prospectus, London would still…
Business
BNP bets Hong Kong’s IPO boom will add to wealth momentum
BNP Paribas said Hong Kong’s boom in initial public offerings (IPOs) is adding further momentum to its Asia wealth business after a 20 per…
Business
Apple supplier Lens Technology said to price HK$4.8 billion Hong Kong listing at top of range
The company joins the growing wave of China-listed companies seeking to go public in the city Apple supplier Lens Technology has raised…
Business
Richard Li’s FWD Group falls in Hong Kong debut after HK$3.5 billion IPO
The insurer plans to use the proceeds to reduce debt, support growth and enhance its digital capabilities Billionaire Richard Li’s FWD…
Business
Hong Kong IPO frenzy sets sights on record HK$250 billion fundraising for 2025
HONG Kong’s sizzling initial public offering (IPO) market is prompting the Big Four accounting firms to sharply raise their fundraising…
Business
LHN proposes delisting from Hong Kong due to low trading volume, costs
Real estate player LHN has proposed a voluntary delisting from the mainboard of the Stock Exchange of Hong Kong (HKEX) due to concerns…
Business
Sumitomo Mitsui Trust said to shut Hong Kong branch by June 2026
TOMO Mitsui Trust Bank plans to close the lender’s Hong Kong branch by June 2026 and move most of its client operations to the Singapore…
Business
Hong Kong’s de facto central bank intervenes to defend currency peg
Hong Kong’s de-facto central bank said it intervened twice on Friday and sold US$3.78 billion against the Hong Kong dollar after the local…
Business
Hong Kong moves to defend FX peg for third time in a week
Hong Kong authorities intervened for the third time in a week to support the currency, which dropped towards the weak end of its official…
Business
Hong Kong steps up defence of FX peg as fixed range tested again
The latest intervention will turn trader focus to the city’s interbank rates, known as Hibor. Hong Kong’s de-facto central bank ramped up…
Business
Chinese money fires up Hong Kong shares
[SHANGHAI/HONG KONG] Chinese investors are piling into Hong Kong shares lured by lower valuations and the city’s strategic position in…