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…
Tag
Kongs
Business
US-based I Squared Capital dumps plans to make separate offer for Hong Kong’s HKBN
based infrastructure investment firm I Squared Capital has withdrawn plans to make a takeover offer for Hong Kong’s HKBN, the broadband…
Business
Hong Kong’s sixfold jump in share sales drives boom year in Asia
Hong Kong’s having a banner year as it marches towards becoming the second-largest market globally for share sales for the first time…
Business
Hong Kong’s equity capital markets bounce back in first half, as Shein IPO looms
HONG Kong’s equity capital markets activity roared back to life in the first half of 2025, driven by global investors sharpening focus on…
Business
Hong Kong’s freight forwarding industry hit by trade war, SCMP reports
Hong Kong’s freight forwarding industry is reeling from the US-China trade war with 41 per cent of container capacity from the city to…
Business
Hong Kong’s latest bubble tea IPO mints another billionaire
CHINA’S insatiable appetite for bubble tea has spawned another billionaire. Guming Holdings’ US$233 million Hong Kong initial public…
Culture
Fan Bingbing, Lee Kang-Sheng Star as Hong Kong’s HAF Unveils 15 Work-in-Progress Projects, Alumni Head to Berlin
Hong Kong International Film Festival Society’s (HKIFF)’s Hong Kong – Asia Film Financing Forum (HAF) has announced a slate of 15…
Business
Hong Kong’s property distress is catching up with city’s banks
DISTRESSED property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses. The city’s…
Business
Hong Kong’s CKI is said to weigh sale of UK’s £4 billion Eversholt Rail
CK INFRASTRUCTURE (CKI) is evaluating options for Eversholt Rail, including a possible sale that may value the British rolling stock…
News
Hong Kong’s billionaire Cheng family seeks to sell China toll roads for US$2 billion
THE infrastructure arm of Hong Kong’s billionaire Cheng family is seeking to sell a bundle of roads in mainland China worth about US$2…
Business
Hong Kong’s US$38 billion year for M&A sparks rare bidding wars
THIS year is poised to be the busiest in nearly a decade for takeover deals involving a range of Hong Kong-listed companies, from…
Business
Hong Kong’s HKBN gets rival takeover interest from I Squared Capital
HONG Kong telecommunications company HKBN said on Monday (Dec 2) it has received a rival non-binding indication from US private equity…
Fashion
Hong Kong’s private wealth assets rise for first time since 2020
HONG Kong’s total private wealth assets under management rose slightly last year to about HK$9 trillion (S$1.6 trillion), the first annual…
Business
Hong Kong’s first De-SPAC listing still leaves sector in limbo
AFTER Hong Kong’s first listing of a firm acquired by a special purpose acquisition company, a long line of such deal vehicles in the city…