|
|
|
27.08.26 - 14:30
|
Crypto slump, AI boom overshadow CZ′s bullish pitch at Hong Kong′s Bitcoin Asia (SCMP)
|
|
|
Anxiety over the booming AI trade and bitcoin's uncertain future is overshadowing this year's Bitcoin Asia conference in Hong Kong, as a lingering crypto slump dampens enthusiasm despite a star appearance by Binance founder Zhao Changpeng.
Zhao, known in the industry as “CZ”, struck a bullish tone during his highly anticipated appearance on Thursday. Speaking to a large crowd, the 48-year-old billionaire entrepreneur drew applause and cheers by declaring that bitcoin “will for sure become more......
|
|
|
27.08.26 - 13:30
|
Hong Kong expands AI sandbox with projects that include banks, securities and insurance (SCMP)
|
|
|
Hong Kong's financial regulators have selected the first batch of projects for an expanded generative artificial-intelligence (GenAI) testing programme spanning banking, securities, insurance and pensions, as the city explores the use of more autonomous AI agents in financial services.
A total of 36 use cases were selected for the first cohort of the expanded GenAI Sandbox++ programme, according to a joint statement on Thursday by the Hong Kong Monetary Authority (HKMA), Securities and Futures......
|
|
|
27.08.26 - 13:00
|
Hong Kong retiree inflation growth triple city average on more ′northbound′ travel: index (SCMP)
|
|
|
Hong Kong retirees are facing living cost growth nearly three times the city's average over the past five years, mainly driven by the strong demand for northbound travel, according to a new report.
The findings came from the first edition of the Hong Kong-Macau Retirement Expense Index, a gauge reflecting retiree inflation, conducted jointly by the Institute of Financial Planners of Hong Kong (IFPHK) and YF Life Trustees.
The index rose to 131.6 in 2026, up from 127 in 2023 and 100 in 2020,......
|
|
|
27.08.26 - 12:48
|
Shein Set to Raise $1.7 Billion in Hong Kong IPO (Bloomberg)
|
|
|
Shein is on track to raise about HK$13.6 billion ($1.7 billion) in its Hong Kong initial public offering. The company is telling prospective investors it is likely to price the IPO at just above the midpoint of the marketed range, valuing the fast-fashion retailer at just above $26 billion, compared with a roughly $100 billion price tag it commanded four years ago. Anthony Stephens reports on Bloomberg Television. (Source: Bloomberg)...
|
|
|
27.08.26 - 09:24
|
Hong Kong Exchanges and Clearing explores merging GEM with main board, source says (SCMP)
|
|
|
Bourse operator Hong Kong Exchanges and Clearing (HKEX) is exploring merging the GEM board with its main board by creating a new chapter of its listing rules, according to a source familiar with the discussions.
The proposal to create Chapter 18D, which would be a core part of the second phase of the review of the listing regime, would be subject to a public consultation by the end of the year, the source told the South China Morning Post.
Merging it with the main board was an option to reboot......
|
|
|
|
|
|
|
27.08.26 - 08:48
|
Hong Kong gold imports fall 18% in July as mainland giants rush to build vaults (SCMP)
|
|
|
Gold flows into Hong Kong eased to about 107 tonnes in July despite mainland corporate buyers pouring capital into new bullion vaults, as they bet on the city's strategic ambition to establish itself as Asia's premier hub for the precious metal.
The city's non-monetary gold imports fell about 18 per cent from June, a month that registered a decade-long high as banks built up inventory ahead of the trial launch of the city's gold clearing and settlement system that opened on July 7.
The value of......
|
|
|
|
|
|
|
|
|
|
|
27.08.26 - 01:00
|
China′s robotics IPO wave gains steam as 2 more firms eye Hong Kong listings (SCMP)
|
|
|
Another two Chinese robotics start-ups have confirmed plans to launch initial public offerings in Hong Kong as early as next year, boosting the city's role as a prime fundraising hub for China's fast-growing technology sector.
The two Hangzhou-based firms – both founded by former executives at Alibaba Group Holding – are part of a wave of Chinese embodied artificial intelligence start-ups looking to go public as the industry rushes to scale up production.
Infiforce Technology Group, the......
|
|
|
26.08.26 - 12:48
|
PwC International must face trial of Evergrande scandals claims: Hong Kong High Court (SCMP)
|
|
|
The liquidators of collapsed developer China Evergrande Group have won a legal victory against PricewaterhouseCoopers (PwC) International, indicating that the firm and two other units of the accounting giant would need to jointly face the largest corporate lawsuit claims in Hong Kong, according to a court judgment on Wednesday.
Deputy High Court Judge Patrick Fung Pak-tung rejected the application by PwC International to be dismissed from the lawsuits involving claims by the liquidators of China......
|
|
|
26.08.26 - 10:06
|
China′s Amos Food plans Hong Kong listing to expand global sweets empire (SCMP)
|
|
|
Chinese confectionery giant Amos Food is seeking a listing in Hong Kong, as the firm looks to capitalise on the viral popularity of its sweets brands by ramping up investment in its overseas operations.
Shenzhen-based Amos – known for its Peelerz peelable gummies and TastySounds music lollipops – has seen its sales soar over the past few years, especially in North America, where its sweets have become a sensation on the TikTok short video platform.
The firm's listing application, submitted to......
|
|
|
|
|
|
|
26.08.26 - 06:00
|
As more expats flock to Hong Kong, luxury home rents poised for further upswing (SCMP)
|
|
|
Hong Kong's growing number of expatriates is boosting the city's residential property leasing market with luxury rents likely to rise by about 5 per cent this year and continue their upswing in 2027, according to property consultancy JLL.
The private residential rental index by the Rating and Valuation Department had surged by 18.5 per cent as of June to 205.8 from the Covid-19 pandemic trough in January 2023, which was 173.6, marking the first sustained breach of the 200 threshold.
“Hong Kong's......
|
|
|
26.08.26 - 01:06
|
Super-rich losing millions as some Hong Kong trophy homes sell at painful discounts (SCMP)
|
|
|
Hong Kong has seen a string of cut-price deals for super-luxury homes in recent months, with financially pressured owners accepting eye-watering losses to exit the market even as demand for trophy homes remains strong.
Among the latest examples is the sale of a Bel-Air luxury house for HK$138 million (US$17.6 million), about HK$37 million below the price the former owner paid for the property in 2018.
The 3,792 sq ft house in Pok Fu Lam was bought for HK$175 million in 2018 by Shie Thomas,......
|
|
|
26.08.26 - 01:00
|
Hong Kong′s property, financial markets face test under cross-border anti-corruption law (SCMP)
|
|
|
China's deliberation on its sweeping cross-border anti-corruption law may ripple through Hong Kong's financial and property markets, as Beijing seeks harsher punishments for corrupt officials and broadens its scrutiny of the massive pool of wealth transferred overseas.
Hong Kong remains in focus after the draft law was submitted on Tuesday to the standing committee of the national legislature for deliberation, analysts said.
The law was “designed to give mainland authorities a clearer statutory......
|
|
Top- News zu Hong Kong (China) 25452.7 -0.64% (Hang Seng Kurs)
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
