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 buyers in Hong Kong’s sluggish real estate…
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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 tapping into capital from the mainland and emerging…
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 familiar with the matter. Singapore-based Ant…
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), despite escalating geopolitical tensions and…
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 said in separate statements on…
Music Industry Moves: Concord’s Film and TV Unit Acquires RKO, Studio Behind ‘It’s a Wonderful Life,’ ‘King Kong,’ and ‘Citizen Kane’
Concord Originals, the film and television division of Concord, has acquired RKO, the film studio behind such classic titles as “King Kong,” “Citizen Kane,” “The Best Years of Our Lives,”…
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 share of the growing offshore Chinese wealth in the…
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 Express, its CEO said, as competition rises after a…
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 cross-listings fail to materialise. Hong Kong…
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 Development (NWD), an embattled property developer…
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 failed to secure the green light from Chinese…
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 hub an instrument that has driven a boom…
‘Sons of the Neon Night’ Review: Juno Mak’s Long-Delayed Hong Kong Action Drama Is Paper Thin
Any film that’s been sitting on the shelf for seven years deserves to see the light of day, but Juno Mak’s “Sons of the Neon Night” — which wrapped filming in 2018 — could’ve used more…
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 tools support internal operations…
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 higher court, sources familiar with the matter…
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 slumped following foreign-exchange…
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 Hong Kong IPO (initial public offering) on Tuesday…
CATL’s strong Hong Kong debut boosts outlook for Chinese companies’ fundraising
Shares in CATL closed 16 per cent higher on their Hong Kong debut on Tuesday (May 20) after the Chinese electric vehicle battery giant raised US$4.6 billion in the world’s largest listing…
Billionaire Richard Li's FWD Group again files for Hong Kong listing
Its previous attempts to go public were scuttled by regulatory delays and market volatility Group, a Hong Kong-based insurer backed by billionaire Richard Li, said on Monday…
Hong Kong Launches Asian Short Film Fund
FOSTERING FILMMAKERS The Hong Kong International Film Festival Society (HKIFFS) and Nowness Asia have formally launched the Asian Short Film Fund (ASFF), offering aspiring directors and…
Hong Kong dollar interest rate falls most since 2008 after intervention
The Hong Kong dollar’s funding costs plunged the most since 2008, as the monetary authority’s intervention to defend the currency peg helped boost liquidity in the financial system. The…
CATL’s Hong Kong listing draws interest from Qatar sovereign fund, KIA, Sinopec, Hillhouse
Qatar Investment Authority (QIA) and Sinopec are considering investing in Contemporary Amperex Technology Co Limited’s Hong Kong listing, one of the city’s biggest share sales in recent…
Hong Kong launches new measures to attract more tech, bio listings
Hong Kong is the main destination for mainland Chinese firms looking to raise capital offshore Hong Kong launched a scheme on Tuesday (May 6) to offer smoother listings for tech…
Wall Street banks said to steer clear of Chery’s US$1.5 billion Hong Kong IPO
One of this year’s biggest listings is coming together in Hong Kong without the involvement of Wall Street banks. Chery Automobile’s planned Hong Kong initial public offering (IPO), which…