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24.09.26 - 12:06
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US regulators back multi-cancer blood test – but Hong Kong doctors remain cautious (SCMP)
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Efforts to detect multiple cancers through a single blood draw are gathering momentum after US regulators endorsed the technology for the first time, although experts say wider adoption in Hong Kong still faces challenges as doctors remain cautious about its clinical value.
In a landmark decision for the emerging field of multi-cancer early detection (MCED) blood tests, a US Food and Drug Administration (FDA) panel on Thursday voted in favour of US company Grail's “Galleri test”, recommending it......
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24.09.26 - 09:18
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Aktien Asien: Steigende Anleiherenditen belasten (DPA-AFX)
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SEOUL/TOKIO/HONGKONG/SHANGHAI (dpa-AFX) - Die asiatischen Aktienmärkte haben sich am Donnerstag den schwachen internationalen Vorgaben angeschlossen. Während in Japan nach der Feiertagspause in der ersten Wochenhälfte wieder gehandelt wurde, blieb die ......
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24.09.26 - 09:06
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ChinaAMC launches 3 Hong Kong ETFs as demand for targeted strategies grows (SCMP)
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China Asset Management (Hong Kong), the offshore arm of one of mainland China's largest asset managers, launched three exchange-traded funds (ETFs) in the city on Thursday, expanding its product line-up as investors seek more diversified strategies amid market volatility.
The three products – a Hong Kong high-dividend ETF, a Hong Kong growth ETF and a Hong Kong-US “Halo” ETF – are scheduled to list on the Hong Kong stock exchange on September 30, with trading counters in Hong Kong dollars, yuan......
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24.09.26 - 04:12
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Hong Kong Seeks Up to $2.6 Billion in Record Digital Bond Sale (Bloomberg)
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Hong Kong is seeking to raise HK$15 billion to HK$20 billion ($1.9 billion to $2.6 billion) through a multi-currency digital green bond offering that would be the world's largest of its kind, according to people familiar with the matter, as the city pushes to become a fixed-income hub....
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24.09.26 - 01:00
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Hong Kong rises in property market transparency rankings, but trails Singapore and Japan (SCMP)
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Hong Kong has climbed one place in a list of the world's most transparent real estate markets by property consultancy JLL and subsidiary LaSalle Investment Management, though it still trails regional peers Singapore and Japan in the rankings.
The city secured 14th place in the latest edition of the Global Real Estate Transparency Index, a report released every two years. The new report covers 146 city markets in 88 countries and territories worldwide.
The ranking was the highest of any market in......
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23.09.26 - 13:54
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Hong Kong sets yuan-trading timeline, backing Beijing′s push to boost currency′s use (SCMP)
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Hong Kong's securities regulator aims to include a yuan-trading counter in a cross-border channel linked with mainland Chinese investors by July 1, marking the latest step in the city's efforts to advance the internationalisation of the Chinese currency.
The measure, announced on Wednesday, is part of a strategic action plan unveiled by the Securities and Futures Commission (SFC) to support the implementation of Hong Kong's first five-year plan and the 2026 policy address presented by Chief......
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23.09.26 - 11:06
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Hong Kong unveils gold, bond and liquidity plans to drive next phase of yuan adoption (SCMP)
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Bourse operator Hong Kong Exchanges and Clearing (HKEX) will launch yuan-denominated gold futures early next year, while the city's de facto central bank plans to introduce more yuan products and platforms to support the diversification and digitalisation of the currency's internationalisation, speakers at a banking summit said on Wednesday.
“We have recently reactivated our gold contract in the US dollar. But in the future, perhaps sometime early next year, we will be coming up with a......
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23.09.26 - 07:06
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Chinese maker of robot-vacuum sensors launches Hong Kong IPO, undeterred by US ban (SCMP)
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Shenzhen Camsense Technologies, a maker of spatial sensors for robotic vacuum cleaners, launched a Hong Kong initial public offering (IPO) that aims to raise about HK$680 million (US$86.7 million), despite headwinds from Washington's recent import ban on foreign-made vacuum robots.
“The export and procurement for our existing client products remain normal, with potential disruption limited to new product development schedules,” Camsense co-founder Zhou Kun said about the ban's impact. “We have......
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23.09.26 - 06:00
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Hong Kong energised as global investment hub for green technology (SCMP)
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Record-breaking heat, devastating droughts, deadly wildfires and heavy rain and severe floods around the world over recent months have sparked a new urgency in the search for practical solutions to climate change.
The challenge for governments is not only to generate cleaner sources of power, but also to use safer and more efficient energy technologies and storage systems that are affordable and scalable so they can have a global impact.
Hong Kong is increasingly positioning itself as an......
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22.09.26 - 11:30
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Hong Kong regulators to flesh out new yuan strategy after Beijing meetings (SCMP)
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Beijing and Hong Kong are laying the groundwork for a new phase of offshore yuan development and other goals after the city unveiled its first five-year plan, with banking and securities regulators set to provide more details on Wednesday.
The city's market regulator, the Securities and Futures Commission (SFC), would outline further details of the blueprint, chairman Kelvin Wong Tin-yau said on Monday.
Hong Kong Monetary Authority chief executive Eddie Yue Wai-man is also expected to elaborate......
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22.09.26 - 08:36
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Hisense unit leaps in Hong Kong debut amid rush of mainland Chinese corporate spin-offs (SCMP)
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Television maker Hisense Group Holdings' optical communications unit made a strong debut in Hong Kong after raising HK$5.6 billion (US$714 million), adding momentum to a fresh wave of mainland Chinese conglomerates spinning off business units to tap overseas capital and support technology expansion.
Shares of fibre-optic communications equipment maker Ligent Technologies jumped as much as 19.2 per cent on Tuesday morning, valuing the company at more than HK$35 billion.
Following the initial......
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22.09.26 - 06:24
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Hong Kong stocks eye fresh inflows from mainland China′s insurers sitting on US$6 trillion (SCMP)
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Hong Kong's stock market is getting a dose of optimism from mainland China's 41 trillion yuan (US$6.1 trillion) insurance industry, as some insurers are widely speculated to have bought exchange-traded funds (ETFs) in the city one month after regulators approved such purchases.
Market observers highlighted a spike in trading volume for several Hong Kong-listed ETFs on Monday as evidence of buying by the mainland insurance companies. The National Financial Regulatory Administration, the watchdog......
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