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Guy Bradley will take the helm at Cathay Pacific Airways and Swire Coca-Cola – two of Swire Pacific's flagship operations in Hong Kong – in May next year, succeeding Patrick Healy who will retire from the group after more than three decades of service. Currently serving as chairman of Swire Pacific, John Swire & Sons (H.K.) and Swire Properties, Bradley will expand his leadership portfolio to encompass the conglomerate's airline and bottling operations, according to a Swire Pacific announcement......

Chinese start-ups Zhipu AI and MiniMax have released new flagship artificial intelligence models within hours of each other, as they vie to become the world's leading open-source AI systems supplier. The near-simultaneous release by two of China's “AI tigers” underscored efforts to drum up interest for their respective initial public offerings in Hong Kong, after both companies passed crucial regulatory hearings over the weekend. Beijing-based Zhipu AI, known internationally as Z.ai, on Monday......

A luxury flat in Hong Kong's Kowloon Tong district is one of the latest to have found a buyer amid a rosier outlook for the city's residential property market. The HK$225 million (US$28.9 million) property in Tower 6 of Mont Verra was bought by Elbe Rhein Investment on December 12 and the transaction was registered on Monday, according to the Land Registry. Before changing its name to Elbe Rhein last year, the company had been operating under the name of Migao Corporation since 2008, according......

TOKIO/SHANGHAI/HONGKONG/SYDNEY (dpa-AFX) - Nach den Gewinnen zu Wochenbeginn haben sich die asiatischen Aktienmärkte am Dienstag kaum von der Stelle bewegt. Mit den positiven US-Vorgaben entwickelten sich die Märkte in Fernost stabil.An ......

Police in eastern China's Zhejiang province have detained Yu Faxiang, the chairman of Hong Kong-listed Haichang Ocean Park, as authorities investigate alleged mismanagement following defaults on multibillion-yuan wealth products issued by a firm under his control. It is the latest crackdown on mainland China's shadow banking system, continuing years of government efforts to clean up the sector. Police have imposed “criminal compulsory measures” against Yu and were conducting a probe into his......

Hong Kong stocks rose for a second day on Tuesday, buoyed by the festive mood and investor optimism that the gains will extend into the next year. The Hang Seng Index rose 0.2 per cent to 25,847.50 at 10am local time, adding to the 0.2 per cent gain in the previous session. The Hang Seng Tech Index fell 0.2 per cent. On the mainland, the CSI 300 Index climbed 0.2 per cent and the Shanghai Composite Index gained 0.1 per cent. Leading the pack, Baidu rose 1.3 per cent to HK$121.70 and logistics......

The success of the government's Hong Kong Investment Corporation (HKIC) in establishing an ecosystem for start-ups to raise funds has put a damper on the Christmas plans for employees of some local venture capital (VC) firms. “After partnering with the HKIC, the number of deals we are working on this year has tripled compared to last year,” said David Chang, founder and CEO of leading VC firm MindWorks. He added that 2025 was one of the busiest years for the firm since its establishment 11 years......

Funds raised in Hong Kong reached nearly HK$275 billion (US$35.4 billion) from 106 initial public offerings (IPO) as of December 12, helping the city become the world's top listing venue, the stock exchange operator said in a year-end review. “2025 has been a year of momentum – global investors returned with conviction, and innovation from the Chinese mainland and across Asia kept our markets vibrant,” said Bonnie Chan Yiting, CEO of Hong Kong Exchanges and Clearing (HKEX). Four of these......

Hong Kong is putting gold at the centre of its push to become a global commodities trading hub, with officials prioritising plans for an international gold trading centre alongside a broader strategy to expand the city's role in physical trade, derivatives and logistics. The government's newly formed Commodity Strategy Committee held its first meeting on Monday under Financial Secretary Paul Chan Mo-po, as Hong Kong looked to build out a commodities ecosystem that would generate new growth......

Charles Li Xiaojia, former CEO of Hong Kong Exchanges and Clearing (HKEX), has suspended the initial public offering (IPO) plan of his investment company Micro Connect International Finance (MCIF), according to a letter sent to shareholders. “This decision stems from our recent recognition that the extended timeline associated with a proposed public listing has begun to outweigh its anticipated benefits, causing delays to MCIF's deployment schedule and impacting Micro Connect's broader......

Hong Kong stands at the crossroads of new opportunities shaped by a macroclimate of volatility, uncertainty and complexity. Now, its position as a superconnector between China and the world is more critical than ever. With this in mind, Standard Chartered's inaugural Hong Kong Business Summit 2025 considered how best to reassert the city's advantage to unlock the potential of emerging sectors and newer types of investment. It also looked at creating stronger links with enterprises in the Greater......

TOKIO/SHANGHAI/HONGKONG/SYDNEY (dpa-AFX) - Beflügelt von positiven US-Vorgaben haben die wichtigsten Aktienmärkte in Asien am Montag zu Beginn der Weihnachtswoche deutlich zugelegt. Investoren setzten nach der Freitagsrally am New Yorker Aktienmarkt auf ......

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Shanghai Biren Technology has started bookbuilding for its Hong Kong initial public offering (IPO), aiming to raise up to HK$4.85 billion (US$624 million), as Chinese chipmakers rush to list amid rising investor interest. Biren, the mainland's first graphics processing unit (GPU) developer to go public in Hong Kong, will start trading on January 2 – becoming the first new listing of 2026. The firm was offering 247.7 million shares between HK$17 and HK$19.60 each, according to its exchange filing......

The Hong Kong Insurance Authority is proposing a slate of new rules to channel insurance capital into assets including cryptocurrencies and infrastructure — an unprecedented move that would redirect funds to government‑prioritized sectors....

Hong Kong stocks rose on Monday alongside Asia-Pacific markets, with traders upbeat about finishing the year on a strong note. The Hang Seng Index advanced 0.3 per cent to 25,760.36 as of 9.55am local time, paring some of the 1.1 per cent loss last week. The Hang Seng Tech Index gained 0.9 per cent. On the mainland, the CSI 300 Index climbed 0.8 per cent and the Shanghai Composite Index added 0.6 per cent. Trading in Hong Kong will be shortened over the holiday period, with an early close on......

[The content of this article has been produced by our advertising partner.] Hong Kong's first McDonald's opened on Paterson Street in Causeway Bay in January 1975. The queues that spilled on to the street have since become part of the city's shared memory. Half a century later, McDonald's Hong Kong operates 266 restaurants, employs about 18,000 people and serves around 1 million customers a day, making it a familiar presence across neighbourhoods and generations. The anniversary comes at a time......

Landlords in Hong Kong and Singapore are expected to continue allocating space to flexible office operators as multinational corporations reshape the sector's risk profile and fuel long-term demand, according to industry experts. A major driver behind this shift is the rapid change in who uses flexible workspaces. Global companies now represented 41 per cent of Asia-Pacific flex office users, the highest proportion worldwide and nearly triple North America's 14 per cent, according to Piers......

Vanke Hong Kong, a unit of distressed mainland developer China Vanke, sold only seven flats from the latest batch of its Le Mont project in Tai Po on Saturday, a muted result that brokers said was expected given the development has been on the market for months. The developer released 165 flats in the latest batch, with sizes ranging from 270 to 662 sq ft. The offering included 28 one-bedroom, 28 two-bedroom, eight three-bedroom units and eight special units, as part of a six-tower residential......

Chinese artificial intelligence firm Zhipu AI has moved a step closer to a Hong Kong initial public offering to raise US$300 million after passing a listing hearing and filing its documents with Hong Kong Exchanges and Clearing on Friday. The Beijing-based start-up, officially named Knowledge Atlas Technology Joint Stock Company Limited and marketed overseas as Z.ai, is widely seen as one of China's “new AI tigers”. The prospectus did not disclose a fundraising target or timetable, but brokers......