- April 30th, 2025
Shares of CK Hutchison Holdings Ltd. surged by 12.4% in Hong Kong on Thursday, continuing the momentum from the previous day’s 21.9% rally after the company announced the sale of its Panama Canal stake to BlackRock. The stock climbed to...
China is set to issue a record amount of bills in the Hong Kong market, aiming to tighten offshore liquidity and curb speculative attacks against its currency. The People’s Bank of China (PBOC) announced plans to auction 60 billion yuan...
Shares of SF Holding Ltd., China’s largest express delivery firm, rose in their Hong Kong debut on Wednesday, reflecting moderate investor confidence despite an uncertain market climate. The company’s listing, the second-largest in Hong Kong this year, underscores its dominance...
In a sharp rebuke of Hong Kong's role in global finance under Beijing's influence, U.S. lawmakers have expressed alarm at the city’s growing association with international financial crimes. Once heralded as a global financial hub with a foundation of free-market...
Hong Kong’s New World Development (NWD) has shifted its focus to reducing its substantial debt load, opting to hold off on mergers, acquisitions, and other activities that might strain its cash flow, Chairman Henry Cheng stated during a recent shareholders'...
Hong Kong awoke to an unexpected quiet on Thursday morning as the city’s usually bustling financial and commercial districts slowed under the shadow of Typhoon Toraji. After authorities raised the third-highest typhoon warning overnight, schools and many businesses were instructed...
Airlines across Australia, Hong Kong, India, Malaysia, and Singapore grounded flights to and from Bali on Wednesday (Nov 13), following another powerful eruption from Indonesia's Mount Lewotobi Laki-Laki, which cast an ash plume high into the sky, disrupting travel plans...
Lui Che Woo, the Hong Kong-born casino magnate whose vision helped Macao overtake Las Vegas as the world’s gambling capital, has died at the age of 95. Galaxy Entertainment, his company, confirmed that Lui passed away on November 7 in...
The Hong Kong government announced a cash reward scheme that will offer HK$3,000 (US$386) to residents who provide verified information about tenants abusing public housing privileges, resulting in the reclamation of these units. The Housing Bureau made the announcement on...
In a mixed session for Asian markets, Japanese stocks saw gains on Wednesday, while most other markets in the region fell as investors treaded cautiously ahead of the upcoming US presidential election and a pivotal Federal Reserve rate decision next...
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