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13.11.25 - 13:06
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China′s US$8 billion power bank giant Anker seeks Hong Kong listing (SCMP)
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Chinese maker of portable charging devices Anker Innovations, which went viral last year as the preferred power bank of US President Donald Trump, plans to list in Hong Kong amid US scrutiny and recent product recalls.
Based in Changsha, the capital of central China's Hunan province, Shenzhen-listed Anker will apply to offer its shares on the main board of the Hong Kong stock exchange, it said in a filing with the Shenzhen bourse, on Wednesday.
The move aimed to “further advance the company's......
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13.11.25 - 11:06
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Hong Kong moves from theory to practice with real-value tokenised money, asset deals (SCMP)
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Hong Kong's de facto central bank has begun facilitating real-value transactions using tokenised deposits and digital assets under a controlled pilot programme from Thursday, reinforcing the city's status as a fintech hub.
The new phase of the Project Ensemble sandbox would enable seven commercial banks and 13 industry participants to settle tokenised transactions “faster, more transparently and efficiently”, the Hong Kong Monetary Authority (HKMA) said in a press release on Thursday.
The......
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13.11.25 - 11:06
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Hong Kong′s Exchange Fund gains record US$35 billion in first 9 months (SCMP)
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Hong Kong's Exchange Fund posted its biggest nine-month return since the Hong Kong Monetary Authority (HKMA) began releasing the data in 2003, as a bull run in the stock market helped boost the financial war chest used to defend the local currency.
The Exchange Fund reported a decline in its third-quarter gains, but cumulative earnings for the first nine months of the year jumped 14.6 per cent to HK$274 billion (US$35 billion), the HKMA, which manages the fund, said in a statement on......
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13.11.25 - 09:07
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SHKP′s Cullinan Sky property project a hit with mainland and Hong Kong buyers (SCMP)
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Homebuyers on Thursday snapped up all units at a Sun Hung Kai Properties (SHKP) residential project in Kai Tak, with mainland Chinese investors accounting for nearly half of the transactions, agents said.
SHKP offered 62 units in the first round of sales in the second phase of Cullinan Sky in Kai Tak.
The batch included 56 one-bedroom units and six two-bedroom flats, ranging from 297 to 482 sq ft. The prices ranged from HK$6.6 million (US$849,500) to HK$15.1 million, or HK$21,713 to HK$33,500......
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13.11.25 - 06:42
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Lacoste Plans Hong Kong Flagship in Tycoon Family′s Space (Bloomberg)
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French fashion label Lacoste SA will open its biggest Hong Kong store in the landmark Pedder Building, according to people familiar with the matter, the latest global brand betting on a city regaining its retail buzz after years of Covid restrictions and political upheaval....
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13.11.25 - 05:00
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How Euroclear is driving global financial innovation in Hong Kong (SCMP)
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According to The Global Financial Centres Index 38, Hong Kong ranks third among the world's leading financial centres this year, behind New York and London. These top-tier hubs form the backbone of global finance, linking investors, banks and markets through systems that allow capital to move safely and efficiently.
Hong Kong's position among them rests not only in its open market and strategic location, but also in the strength of its financial infrastructure. Behind the city's stock and bond......
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13.11.25 - 03:36
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Hong Kong stocks fall from 1-month high ahead of Tencent earnings, China data (SCMP)
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Hong Kong stocks retreated from a one-month high on Thursday as investors held off bets ahead of quarterly results from tech bellwethers Tencent Holdings and JD.com, and an array of Chinese economic data for November.
The Hang Seng Index fell 0.1 per cent to 26,888.09 as of 10.06am local time. The Hang Seng Tech Index dropped 0.7 per cent. On the mainland, the CSI 300 Index climbed 0.4 per cent and the Shanghai Composite Index added 0.2 per cent.
Tencent slipped 0.8 per cent to HK$652, with its......
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13.11.25 - 00:36
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Heidi sets sights on Hong Kong to expand North Asia healthcare footprint (SCMP)
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Australian healthcare start-up Heidi plans to open its first North Asia office in Hong Kong this year, aiming to tap opportunities created by the city's acute doctor shortage and ageing population through its proprietary artificial intelligence platform.
Heidi co-founder and CEO Thomas Kelly said Hong Kong would serve as “an important market for us to unlock North Asia”.
“We think of China more broadly, but also surrounding countries in the region,” he said. “It will be one of our main areas of......
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12.11.25 - 17:00
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Hong Kong Maritime Week 2025: Navigating to a Greener Future (SCMP)
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[The content of this article has been produced by our advertising partner.]
Hong Kong Maritime Week 2025
16 – 22 November
The ninth edition of Hong Kong Maritime Week (HKMW) will be the largest in its history. The event is expected to attract thousands of participants from all over the world, including senior executives, government officials, and maritime professionals, thereby adding still more vibrancy to Hong Kong's already dynamic and multifaceted maritime cluster.
Following six months of......
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12.11.25 - 12:00
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Chinese drug developer Biokin postpones Hong Kong listing (SCMP)
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Chinese drug developer Sichuan Biokin Pharmaceutical has postponed its Hong Kong share listing, which had been scheduled to begin on Monday, as enthusiasm for initial public offerings (IPOs) in the sector may be cooling, according to analysts.
The company cited “prevailing market conditions” in a stock-exchange filing on Wednesday and said it was assessing an updated timetable, but did not provide further details. The decision “does not affect the company's current business”, it added.
Listed in......
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12.11.25 - 07:36
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Tomson Group′s Charles Tong buys US$14.4 million Hong Kong home (SCMP)
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Charles Tong Chi-kar, the vice-chairman and executive director of Tomson Group, has bought a HK$112 million (US$14.4 million) home in Mid-Levels West, joining a growing number of affluent buyers who are increasingly confident in Hong Kong's residential market.
Sold for HK$48,060 per square foot, the 2,335 sq ft four-bedroom unit at The Legacy, developed by Henderson Land, was handed over to Tong on Monday, according to the Land Registry.
Tomson Group, known for its luxurious Tomson Riviera......
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12.11.25 - 05:54
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Hong Kong IPO market to extend hot streak in 2026, CICC says (SCMP)
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China International Capital Corporation (CICC) forecasts that Hong Kong's initial public offering (IPO) market will remain vibrant through 2026, fuelled by listings from high-end manufacturing and technology firms, even as the bull run in the A-share market draws some issuers back to the mainland.
“We believe the heat in Hong Kong's IPO market will continue next year, particularly in sectors aligned with national priorities such as robotics and advanced manufacturing,” Shi Qi, deputy head of......
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12.11.25 - 03:36
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Hong Kong stocks hit 1-month high as US shutdown nears end, Fed rate cut looms (SCMP)
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Hong Kong stocks rose to a one-month high on Wednesday on bets that the US will soon end its longest-ever government shutdown and the Federal Reserve will cut interest rates, brightening the outlook for global growth.
The Hang Seng Index climbed 1 per cent to 26,964.26 as of 10.10am local time, heading for the highest close since October 3. The Hang Seng Tech Index gained 0.6 per cent. On the mainland, the CSI 300 Index advanced 0.3 per cent and the Shanghai Composite Index added 0.4 per......
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12.11.25 - 01:30
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Returning expats fuel Hong Kong′s luxury rental rebound, Savills says (SCMP)
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Hong Kong's luxury residential rents are likely to climb another 3 to 5 per cent next year as growing numbers of returning Western expatriates and home-grown professionals drive demand for high-end accommodation, according to Savills.
Deals were expected to exceed the 660 last year, said Jack Tong, the property consultancy's director of research. “The outlook remains cautiously positive,” he added.
For next year, Savills expected “stable to gently rising luxury rents as the supply of prime units......
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11.11.25 - 23:01
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Teams relish Asia swing as Counter-Strike descends on Hong Kong for BLAST Rivals (SCMP)
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Home favourites TYLOO will hope to make the perfect start in their quest to make the play-offs of BLAST Premier Rivals Hong Kong when they take on the world's best team, Team Vitality, at the AsiaWorld-Arena on Wednesday.
The Chinese Counter-Strike (CS) squad have become fan favourites in 2025, spearheaded by the enigmatic antics of Ji “Jee” Dongkai.
With the opening matches played behind closed doors before moving to the arena on Friday, TYLOO will need to win a pair of matches to play in front......
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11.11.25 - 15:48
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Hong Kong prices world′s first bonds with tokenised settlement (SCMP)
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The Hong Kong government priced a record HK$10 billion (US$1.3 billion) tokenised green bond offering on Monday, completing the world's first government issuance to allow settlement using digital-fiat currencies as the city pushes to burnish its standing as a global hub for digital assets.
“Hong Kong is uniquely positioned to connect traditional finance to the digital asset era,” said Christopher Hui Ching-yu, Secretary for Financial Services and the Treasury, in an announcement published by the......
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