Business
Hong Kong central bank cuts interest rate, tracking Fed move
Hong Kong’s de-facto central bank on Thursday lowered its base interest rate by 25 basis points to 4.25 per cent, tracking a cut by the US…
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Kong
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,…
News
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
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…
Unsorted
From outdated to unstoppable: The rise of mainland brands in Hong Kong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…
Unsorted
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…
Unsorted
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
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
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
Hong Kong stocks retreat from four-year high as investors pocket gains
Hong Kong stocks fell on Friday (Oct 3) as investors locked in gains after the benchmark index hit a new four-year high in the previous…
Business
Budget Chinese carrier Spring Airlines mulls Hong Kong listing: sources
The airline has been more consistent in posting profit than the country’s main state-run carriers Chinese budget carrier Spring Airlines…
Business
Hong Kong funding cost seen sliding on Fed cuts, slow lending
Bank loans as a proportion of deposits have risen since June, but they still remain near the lowest level since 2009 The cost of overnight…
Business
Zijin Gold soars in Hong Kong debut after world’s top IPO since May
The prospect of buying into an undervalued blue-chip stock attracts a marquee list of cornerstone investors, including GIC Zijin Gold…
Business
Hong Kong and India drive banner year for equity capital markets
Bankers are betting that India will build on 2024’s record IPO haul, even as investors push down valuations BANKERS in Asia are readying…
Business
Miniso to spin off Top Toy, list it in Hong Kong
The spinoff and subsequent listing would increase Top Toy’s operational and financial transparency Miniso said on Friday (Sep 26) it will…
Business
‘Finally’: Citi investment strategist lauds SGX initiatives, says ‘no reason’ Hong Kong should dominate Asian equity markets
It is great that Singapore is “finally” doing something about its equity markets, said Ken Peng, head of Asia investment strategy at Citi…
Business
China central bank unveils steps to boost yuan bond market in Hong Kong
China’s central bank will roll out further measures to support the development of Chinese yuan bonds in Hong Kong and accelerate global…
Business
Zijin Gold delays US$3.2 billion IPO as typhoon pummels Hong Kong
Zijin Gold International delayed its US$3.2 billion listing after Super Typhoon Ragasa slammed Hong Kong, bringing the city to a…