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12.02.26 - 03:00
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Hong Kong stocks slip as Beijing regulator summons tech firms on train-ticket complaints (SCMP)
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Hong Kong stocks fell on Thursday after Beijing's market regulator summoned major online platforms including Meituan, JD.com and Tencent Holdings for talks over irregularities in the online sale of train tickets ahead of Lunar New Year, triggering losses among technology heavyweights.
The Hang Seng Index dropped 0.2 per cent to 27,210.56 at the open. The Hang Seng Tech Index declined 0.5 per cent. On the mainland, the CSI 300 Index added 0.1 per cent and the Shanghai Composite Index was little......
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12.02.26 - 01:06
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Shenzhen-listed Unisplendour abandons year-long effort to raise funds in Hong Kong (SCMP)
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Unisplendour Corporation, a subsidiary of state-backed Tsinghua Holdings, has scrapped its Hong Kong listing plan that had been in the works for nearly a year.
The Shenzhen-listed company said in an exchange filing on Wednesday that its board had voted to terminate the proposed share issuance on the Hong Kong stock exchange.
The termination would not have any “significant impact” on its business operations, the statement added.
Simultaneously, Unisplendour announced plans to raise up to 5.57......
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11.02.26 - 17:00
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DBS bets on Hong Kong as wealth fortress (SCMP)
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[The content of this article has been produced by our advertising partner.]
DBS Bank (Hong Kong) Limited (“DBS Hong Kong”) is pressing ahead with a three-year plan to recruit 100 wealth managers in Hong Kong, a substantial expansion that bets on the city's entrenched role as a safe haven for capital during periods of global uncertainty.
The move by the Singaporean lender, which holds the title of Asia's Safest Bank for a 17th consecutive year, is a direct response to strengthening demand from......
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11.02.26 - 14:00
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Hong Kong executives trail employees in AI adoption: McKinsey (SCMP)
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The majority of Hong Kong's white-collar workers are embracing artificial intelligence in their daily work, but executives' reluctance to use the technology risks slowing enterprise-wide adoption, according to a survey by McKinsey & Company.
Nearly 70 per cent of white-collar workers in Hong Kong use AI, with more than 90 per cent engaging with the tools at least once a day, according to findings from the consulting firm's local survey released on Wednesday.
Most workers use AI for specific......
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11.02.26 - 10:36
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Hong Kong bridges traditional and digital finance worlds with new virtual asset initiatives (SCMP)
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Hong Kong's securities regulator unveiled several new initiatives on Wednesday aimed at further developing the city's virtual asset sector while strengthening investor safeguards.
The announcements by the Securities and Futures Commission (SFC) coincided with Consensus 2026, a major cryptocurrency conference running this week at the Hong Kong Convention and Exhibition Centre, attended by industry figures such as Binance CEO Richard Teng and Solana Foundation president Lily Liu.
“[At Consensus......
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11.02.26 - 07:06
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Gold demand surges in Hong Kong ahead of Lunar New Year (Bloomberg)
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As gold and silver prices hold near record highs, dealers in Hong Kong say demand is surging ahead of Lunar New Year. Retail clients are snapping up small bars and coins as gifts, while trading volumes have soared compared with last year. But supply constraints, especially in silver, are raising concerns about whether the momentum can last. (Source: Bloomberg)...
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11.02.26 - 02:54
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Hong Kong stocks rise as positive holiday bias sets in ahead of Lunar New Year (SCMP)
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Hong Kong stocks rose on Wednesday, supported by holiday-related flows ahead of the Lunar New Year break, with investors adjusting positions as the market heads into a shortened trading schedule next week.
The Hang Seng Index rose 0.2 per cent to 27,246.18 at the open, adding to the 0.6 per cent gain recorded on Tuesday. The Hang Seng Tech Index climbed 0.2 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index were little changed.
Wuxi Biologics jumped 3.6 per cent to......
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10.02.26 - 13:36
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Hong Kong residential plot fetches US$230 million as Chinese developer outbids city rivals (SCMP)
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Hong Kong-listed mainland developer China Overseas Land & Investment won a bid for a 3,132-square-metre (33,712 sq ft) residential plot in Kowloon East, beating some of the city's largest developers with a higher-than-expected tender.
The state-backed developer beat eight rivals to secure a 50-year grant for the parcel in Ngau Tau Kok with its bid of HK$1.8 billion (US$230 million), according to a statement from the Lands Department on Tuesday. The site is expected to yield 470 flats.
The plot......
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Top- News zu Hong Kong (China) 27042.502 -0.23% (Hang Seng Kurs)
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