News
18 strategic firms to establish HQs in Hong Kong
18 strategic firms to establish HQs in Hong Kong
These firms span sectors such as advanced manufacturing and new energy technology.
Hong Kong to update virtual asset policy
It will focus on Web3 innovation.
Kwai Chung hotel up for sale for $1.38b via public tender
It has a gross floor area of 292,961 square feet.
Startup funding sinks 70.72% MoM in March
Year-on-year, funding fell by 17.53%.
Lands Department issues 6 pre-sale consents in Q1
Three developments are slated for completion next year.
Foreign currency reserves total $3,209.9b in March
This is a slight decrease from$3,236.3b in February.
Vivian Cheung appointed Airport Authority CEO for 3 years
The appointment is effective immediately.
Lawsuit looms over Panama port deal linked to CK Hutchison
The agreement was last renewed in 2021.
HKMA welcomes Euroclear in tokenisation project
The initiative aims to develop the tokenisation ecosystem in Hong Kong.
Residential sales jump 24% YoY in Q1
It is due to the relaxation of the maximum property value chargeable.
Hang Seng launches HK’s first monthly dividend-paying equity ETF
The ETF aims to provide investors with steady passive income and gain exposure to a portfolio of Hong Kong-listed companies.
Synagistics signs $40m call option to acquire AI firm Movitech
Synagistics will gain exclusive rights to acquire Movitech over three years.
Hang Seng Index down 13% as Asian equities plunge to multi-year lows
The intensifying US-China tariff standoff on escalating recession fears, an analyst said.
Microsoft partners with Cyberport to support local startups with AI applications
Six companies were selected for the programme.
Hong Kong banks report better H2 margins despite CRE risks
Margins and income improved in H2 2024 compared to H1..
Gov’t eyes gas safety law amendment for hydrogen fuel
A framework will be established for hydrogen use.
Hong Kong ranks 20th globally in ATM scarcity
The city had 4,428 "ATMs near me" searches per million people.
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