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24.11.25 - 01:36
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Hong Kong′s tokenisation drive set to boost treasury centres, investments (SCMP)
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Hong Kong's push to establish a tokenised financial system is poised to attract more companies to set up treasury centres in the city, which would give investors broader options while reducing transaction costs, according to market players.
Both corporations and individuals stood to benefit from increased tokenisation of money and assets, which could make financial services faster and more efficient and accessible, said representatives from Standard Chartered, China Asset Management (Hong Kong)......
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23.11.25 - 02:36
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Hong Kong′s arbitration edge boosts legal finance, Burford CEO says (SCMP)
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Hong Kong holds strategic advantages as an arbitration hub in Asia, particularly due to its unique arbitration framework and growing commercial activities within China, according to a US-listed legal finance company.
This competitive edge was poised to stimulate more business and increase the frequency of arbitrations, driving growth in the legal finance sector, said Christopher Bogart, CEO and co-founder of Burford.
“The Hong Kong arbitration practice has a long history and is very high......
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22.11.25 - 03:06
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Hong Kong talent scheme: They came for jobs. Will they stay to buy homes? (SCMP)
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In a spacious three-storey village house in Sai Kung on a recent sunny Saturday, Chen Wei and his family were unpacking the final boxes after their move from Shenyang, the capital of China's northeast Liaoning province. Having come with his wife and two sons under Hong Kong's Top Talent Pass Scheme, Chen, an e-commerce expert, represents a new force recalibrating the city's future.
“The job opportunity was the first draw, but the final decision was for them,” Chen said, gesturing to his two......
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21.11.25 - 14:06
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Innovent, first Chinese firm to market weight-loss drug, joins Hang Seng Index (SCMP)
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Innovent Biologics will join the Hang Seng Index next month in the latest quarterly review as the compiler of the city's stock benchmark presses ahead with its plan to increase the number of constituents to 100.
The biotech firm, based in eastern Jiangsu province, has become the only new constituent of the blue-chip indicator, one month after it signed an US$11.4 billion outsourcing deal with Japan's Takeda Pharmaceuticals to co-develop and commercialise three specific investigational cancer......
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21.11.25 - 09:48
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US$44 million sale of Hong Kong luxury home linked to mainland Chinese investor (SCMP)
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A buyer bearing the same name as veteran investor Xu Liusheng is the latest owner of a luxury home in Hong Kong after acquiring a HK$342 million (US$43.9 million) unit in the affluent Southern district, with the transaction adding to a growing list of prime assets being snapped up following years of falling prices.
The buyer shares the name of the owner of Shenzhen Kaifu Investment, who is known for acquiring shares in public companies in mainland China. Shenzhen Kaifu was recently deregistered,......
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21.11.25 - 06:42
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3SBio spin-off Mandi banks on hair-loss and weight-loss drugs in Hong Kong IPO (SCMP)
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Mandi, the Alibaba Health-backed consumer healthcare arm being spun off from mainland drug maker 3SBio, filed for an initial public offering in Hong Kong on Friday, betting that its market-leading minoxidil hair-loss products will attract investors.
The deal aims to tap into a red-hot Hong Kong market that has seen US$73 billion in equity capital market activity this year, a 232 per cent surge from the same period in 2024, according to data from the London Stock Exchange Group.
The company did......
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21.11.25 - 03:24
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Hang Seng Index slump puts it on track for worst week since April (SCMP)
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Hong Kong stocks fell on Friday following Wall Street's retreat as renewed concerns about the artificial intelligence sector and lacklustre US jobs data prompted investors to pull back from riskier assets after a brief Nvidia-led rally.
The Hang Seng Index slumped 1.6 per cent to 25,424.06 as of 9.45am local time, putting it on course for the worst weekly decline since April 11. The Hang Seng Tech Index fell 2.7 per cent. On the mainland, the CSI 300 Index declined 1.3 per cent and the Shanghai......
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21.11.25 - 02:36
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As Japan takes aim at crypto, first mover Hong Kong must look out (SCMP)
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Mere days after her election as Japan's new prime minister, Sanae Takaichi delivered a policy speech declaring that a major priority was to build a strong and resilient economy. Since then, her administration has ushered in a rapid-fire series of policies to support digital assets, with the goal of countering Japan's sluggish economic growth.
This shift has introduced a new dynamic in Asia, with Tokyo clearly no longer content to watch Hong Kong become Asia's premier cryptocurrency hub. Instead,......
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20.11.25 - 09:36
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Hong Kong firms pick Saudi Arabia over mainland China for expansion: HSBC (SCMP)
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Hong Kong businesses are increasingly turning to Saudi Arabia as their top choice for supply chain diversification amid changing trade conditions, according to an HSBC survey.
Nearly a fifth of Hong Kong businesses identified Saudi Arabia as their preferred market to expand production, followed by mainland China at 14 per cent, according to the survey released on Thursday. Interest was strongest among technology, media and telecommunications firms.
Favourable policies bolstered the trend, the......
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20.11.25 - 08:18
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Hong Kong hedge fund founder pays US$74.3 million for luxury Shouson Hill home (SCMP)
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A company associated with Vincent Gao Leyi, the founder of Hong Kong-based hedge fund CoreView Capital, has bought a luxury home in the city's Southern district for about HK$579 million (US$74.3 million), according to official records.
Matrix Properties was identified as the buyer of House 6 at the upscale development No 15 Shouson Hill in one of the city's most exclusive enclaves, Land Registry documents showed.
According to the Companies Registry, Gao serves as a director of Matrix Properties......
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20.11.25 - 03:24
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Hong Kong stocks reverse 4-day slide as Nvidia earnings lift sentiment (SCMP)
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Hong Kong stocks rose for the first time in four days on Thursday, after Nvidia's better-than-expected earnings briefly dispelled Wall Street's concerns about a potential artificial intelligence bubble.
The Hang Seng Index added 0.4 per cent to 25,924.29 at 9.50am local time, halting a decline that started on Friday. The Hang Seng Tech Index fell 0.2 per cent. On the mainland, the CSI 300 Index gained 0.3 per cent and the Shanghai Composite rose 0.1 per cent.
Search-engine giant Baidu rose 2 per......
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19.11.25 - 12:18
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China ′cements global AI leadership′ as Hong Kong builds niche as innovation hub (SCMP)
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China has cemented its position as a global leader in artificial intelligence, while Hong Kong is carving out a niche as a specialised innovation hub, underpinned by the country's strong governance and regulatory competitiveness, according to a global index.
Technology breakthroughs such as the low-cost, highly efficient AI models introduced by start-up DeepSeek, combined with national support, propelled China to the forefront of the global AI race, alongside the US, the European Union and......
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19.11.25 - 11:00
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Hong Kong′s Tsim Sha Tsui holds ground as world′s fourth priciest shopping strip (SCMP)
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Hong Kong's Tsim Sha Tsui remained the world's fourth most expensive retail strip with rents at US$1,515 per square foot per year, as two other core shopping districts in the city – Causeway Bay and Central – also ranked among the Asia-Pacific's priciest shopping locations, according to Cushman & Wakefield.
London's New Bond Street jumped two spots from last year to emerge as the world's most expensive retail district, according to the real-estate services consultancy's 35th “Main Streets Across......
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19.11.25 - 09:36
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Hong Kong, Singapore, Dubai: the rise of the ′family office triangle′ (SCMP)
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Family offices in Hong Kong, Singapore and Dubai are redrawing the global map of private capital. Each hub combines favourable tax and regulatory regimes with strong local networks of banks, advisers and deal makers. Together, they now rival Western centres in deploying private equity across the Global South.
Drawing inspiration from family offices in the United States – where private equity has represented a major share of assets – these Asian hubs are scaling rapidly, positioning themselves as......
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