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25.03.26 - 11:36
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Former Hong Kong exchange executive Ba Shusong reported out of public sight (SCMP)
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The former managing director and chief China economist of bourse operator Hong Kong Exchanges and Clearing (HKEX), Ba Shusong, has not appeared in public recently and could not be contacted, according to two sources familiar with the situation.
Ba is important academic who frequently gave speeches at major conferences over the past decade on behalf of HKEX, speaking about Hong Kong's role as a connector between mainland China and the world.
Mainland media outlets reported that Ba was missing,......
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25.03.26 - 08:30
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Global buy-backs hit record but mainland China, Hong Kong see declines: Capital Group (SCMP)
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Global stock buy-backs rose to a record US$1.46 trillion yuan in 2025, as listed companies stepped up efforts to return cash to public shareholders amid a rally in equities, according to US asset-management firm Capital Group.
Repurchases by the world's largest publicly traded companies tracked by the money manager increased 8.4 per cent year on year, representing a net increase of US$113 billion, Capital Group said in a report released on Wednesday. The US led global buy-backs, accounting for......
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25.03.26 - 07:30
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Hong Kong bookstore staff arrested for allegedly selling ′seditious′ Jimmy Lai biography, broadcaster reports (The Guardian)
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Owner of Book Punch store and three staff accused of selling copies of a biography of Jimmy Lai, a jailed pro-democracy activist and publisherHong Kong police arrested a bookstore owner and three shopkeepers on Tuesday for allegedly selling “seditious” publications including a biography of jailed media tycoon Jimmy Lai, broadcaster TVB reported.The owner of the Book Punch store, Pong Yat-ming, and three staff were accused of selling copies of The Troublemaker, a biography of Lai by one of his former business directors, Mark Clifford, TVB reported. Continue reading......
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25.03.26 - 03:36
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Turkey′s biggest private bank plans Hong Kong entry amid Middle East tensions: sources (SCMP)
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Turkey's largest private bank plans to set up a Hong Kong office, according to sources familiar with the matter, in a move that underscores the city's role as a gateway for lenders seeking to connect China and Asian markets with the Middle East.
Turkiye Is Bankasi's board approved the Hong Kong expansion plan two months ago and the lender was awaiting clearance from Turkish authorities before formally approaching the Hong Kong Monetary Authority for a banking licence, the sources said.
If......
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25.03.26 - 03:06
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Hong Kong stocks extend rebound on signs of diplomatic path in Iran conflict (SCMP)
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Hong Kong stocks extended their rebound on Wednesday on signs that a diplomatic solution to Middle East tensions was making progress.
The Hang Seng Index rose 0.9 per cent to 25,274.40 as of 9.40am local time. The Hang Seng Tech Index gained 1.4 per cent.
On the mainland, the CSI 300 Index climbed 0.9 per cent and the Shanghai Composite Index added 0.7 per cent.
Bottled water maker Nongfu Spring rallied 8 per cent to HK$45.78 and electric vehicle maker Li Auto gained 4.5 per cent to HK$70.95.......
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24.03.26 - 15:18
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China′s WeRide eyes Hong Kong, Singapore roads for robotaxis as self-driving giants expand (SCMP)
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Chinese self-driving technology developers continue to expand outside the mainland as WeRide seeks to launch robotaxi services this year in Hong Kong and Singapore, according to an executive.
WeRide's planned entry into Hong Kong was set to cover both robotaxis and robobuses, said senior director of public relations and marketing Maeve Zhang in a media briefing on Tuesday, without disclosing the operation areas or a launch date.
Meanwhile, the Guangzhou-based company said it planned to launch......
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24.03.26 - 14:54
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Hong Kong a ′safe harbour′ for family wealth as global tensions rise, officials say (SCMP)
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Hong Kong is a stable base for global wealth as rising geopolitical tensions and economic uncertainties prompt wealthy families to rethink where they base their assets, according to Financial Secretary Paul Chan Mo-po.
“We are living in a world marked by uncertainty and conflicts,” Chan said at the gala dinner of the Wealth for Good in Hong Kong Summit on Tuesday evening. “The rules-based international order is under strain. Some even say it has been ruptured.”
Facing such a situation, investors......
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24.03.26 - 09:00
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Global Talent Summit Week highlights why Hong Kong attracts high-calibre professionals (SCMP)
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In recent years, Hong Kong has introduced a wealth of measures to attract well-educated, skilled professionals from around the world to develop their careers in the city.
Between late 2022 and the end of last month, the city welcomed more than 270,000 talented professionals – a number of whom also brought along their families as they began a new chapter in their lives.
These efforts continue to play a major part in driving Hong Kong's transition to a new economic model, which emphasises the......
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24.03.26 - 07:30
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ZKH Group in Talks With Bankers for Hong Kong IPO (Bloomberg)
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US-listed tool procurement company ZKH Group is in talks with bankers for a potential share sale in Hong Kong. That's according to ZKH Group CFO Max Lai, who joined "Bloomberg: The China Show." He also discussed the impact of the war in the Middle East on its business. (Source: Bloomberg)...
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24.03.26 - 07:24
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Hong Kong′s Towngas Says Gas Supply Remains Secure (Bloomberg)
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Hong Kong‑based energy supplier Towngas says the impact of recent energy market volatility on its operations should be limited, citing a 25‑year natural gas supply contract with an Australian supplier. In addition, Towngas will use more natural gas in the event of naphtha shortage to protect Hong Kong customers. Towngas Managing Director Peter Wong spoke exclusively to "Bloomberg: The China Show." (Source: Bloomberg)...
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24.03.26 - 06:18
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Hong Kong′s Hui on Tax Concessions, Middle East Capital Flows (Bloomberg)
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Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, speaks with Bloomberg's David Ingles about the growing interest from Middle East family offices. He also said the government plans to extend tax concessions for family offices and funds to cover more asset classes. He joined “Bloomberg: The Asia Trade.” (Source: Bloomberg)...
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24.03.26 - 06:12
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Hong Kong′s eMPF to cut fees by 21.6% from April, saving US$6.4 billion in 10 years (SCMP)
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The electronic platform of the Mandatory Provident Fund (eMPF) will cut administration fees for 378 investment funds by more than 21 per cent from April 1, the pension regulator said on Tuesday, adding that this will achieve its cost-saving target of HK$50 billion (US$6.4 billion) in less than 10 years.
Financial Secretary Paul Chan Mo-po approved the reduction, which would lower administration costs from 0.37 per cent to 0.29 per cent of assets under management, representing a 21.6 per cent fee......
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