Business
Billionaire Richard Li’s FWD Group seeks to raise HK$3.47 billion in Hong Kong IPO
RER FWD Group, backed by billionaire Richard Li, is looking to raise HK$3.47 billion (S$565.3 million) through a Hong Kong initial public…
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Kong
Business
Hong Kong intervenes to defend FX peg as local currency drops
In addition to pushing the currency back into its permitted trading range, the move will also make bearish bets more costly Hong Kong’s de…
Business
A US$4 billion Hong Kong family office makes first crypto foray
A MONEY manager to some of Hong Kong’s richest individuals will start investing in crypto, as more favourable regulations attract a wider…
Business
Montage is said to hire banks for US$1 billion Hong Kong listing
The US has been trying to curb Beijing’s ambitions to build a domestic semiconductor industry, Chinese chip designer Montage Technology…
Business
Hong Kong stock rally shakes up investor playbook for China
Wall Street entered 2025 with bullish bets on onshore Chinese stocks, counting on Beijing’s stimulus drive to cushion the blow from US…
Business
Hong Kong Monetary Authority says outlook for local currency uncertain
The city’s de-facto central bank has made the comments in response to the US Federal Reserve’s overnight decision to keep rates unchanged…
Unsorted
Uber warns Hong Kong drivers and riders of possible new curbs
Uber Technologies is e-mailing Hong Kong users to raise concerns about rules the city is formulating, warning the government could cap the…
Business
BlackRock launches absolute return hedge fund for retail investors in Singapore and Hong Kong
BlackRock has launched an Asia-Pacific-focused hedge fund for retail investors in Singapore and Hong Kong, the world’s largest asset…
Business
Hong Kong bourse seeks to woo South-east Asia, Middle East firms for second listings
The Hong Kong stock exchange plans to attract listed companies in South-east Asia and the Middle East, in particular, for second listings…
Business
New World sells 138 Hong Kong homes at discount within hours
New World Development and its partners sold 138 apartments in a few hours at a new project after pricing the homes at a discount to lure…
Business
Shein's planned Hong Kong listing to benefit from wider capital pool, analysts say
Shein’s planned listing in Hong Kong will help the online fast-fashion retailer avoid sharp investor scrutiny of its supply chains while…
Business
Ant unit to seek stablecoin permits in Hong Kong, Singapore: sources
Jack Ma-backed Ant Group’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, according to people…
Business
Hong Kong to maintain US dollar peg despite geopolitical tensions
Hong Kong will maintain its currency peg to the US dollar, the financial hub’s leader said in an interview published on Monday (Jun 9),…
Business
HSBC’s Mark Tucker moves to Hong Kong insurer AIA as chairman
Tucker, HSBC’s former Asia chairman, has been appointed to the same role at Hong Kong-based insurance company AIA Group, the two companies…
Business
Online broker Tiger to double Hong Kong headcount, targets offshore China wealth
Tiger Securities plans to double its headcount in Hong Kong over the next two to three years as the online brokerage targets a bigger…
Business
HK Express airfares dragged down by rising competition out of Hong Kong, CEO says
An accelerating fall in the price of air tickets from recent high levels is the biggest challenge at Cathay Pacific’s budget arm HK…
Business
Hong Kong, Saudi bourses seek deeper ties to spur trading volume
Hong Kong and Saudi Arabia are ramping up efforts to boost trading activity as inflows to their exchange-traded funds (ETFs) wane and…
Business
Hong Kong bankers on edge over US$11 billion New World refinancing
Hong Kong bankers have become fixated on an US$11 billion loan deal with unusually high stakes for the financial hub. New World…
Business
Shein working towards Hong Kong listing after London IPO stalls
Shein is working towards a listing in Hong Kong after the online fast-fashion retailer’s proposed initial public offering (IPO) in London…
Business
Hong Kong bourse plans to start zero-day options trading in 2026
Hong Kong’s stock exchange is seeking to launch options that expire within a day as early as the first half of 2026, bringing to the Asian…
Business
Citi launches AI tools for Hong Kong employees
GROUP has launched Citi AI, a suite of artificial intelligence (AI) tools for its employees in Hong Kong, the bank said on Thursday. The…
Business
Former Citigroup traders drop Hong Kong lawsuit on cost concerns
Two former Citigroup traders in Hong Kong abandoned their employment lawsuits after weighing the costs and difficulties of taking it to a…
News
Hong Kong dollar funding cost drops in FX intervention aftermath
Hibor extended its drop as it fell below 1% on Tuesday (May 20) for the first time since 2022 Hong Kong’s key interbank borrowing cost…
Business
China EV battery giant CATL’s Hong Kong IPO positive for mainland listings: Morningstar
Chinese electric vehicle battery maker Contemporary Amperex Technology Company Limited (CATL) seemed poised for a winning start in its…