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28.01.26 - 14:30
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Chinese pig breeder Muyuan Foods courts cornerstone investors for Hong Kong listing (SCMP)
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Thailand's Charoen Pokphand Group plans to invest in the Hong Kong listing of Chinese pig breeder Muyuan Foods, people familiar with the matter said, in what is shaping up to be one of the city's largest share sales this year.
CP Group was poised to participate as a cornerstone investor – which typically receives a guaranteed allocation in exchange for agreeing to hold shares for a set period – in the listing, the people said, asking not to be identified to discuss a private matter.
Other......
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28.01.26 - 13:12
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Hong Kong logs US$37 million Admiralty office deal amid tentative market recovery (SCMP)
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A Hong Kong office unit at Admiralty Centre has changed hands for HK$292.17 million (US$37.46 million), making it the most expensive commercial property transaction registered on Tuesday, according to official records, in a deal that adds to tentative signs of stabilisation in the city's battered real estate market.
The office space, located in Tower 1 of the Admiralty Centre within the city's core business district, was acquired by Luck Ring Development, Land Registry records showed.
The unit......
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28.01.26 - 11:12
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Ras Al Khaimah eyes Chinese and Hong Kong investors as UAE-China ties deepen (SCMP)
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Ras Al Khaimah, one of seven city-states in the United Arab Emirates, is stepping up efforts to lure Chinese and Hong Kong investors into its real estate, green and digital sectors as the UAE and China seek to deepen cooperation.
The fourth largest of the seven Emirates, Ras Al Khaimah (RAK) aims to attract over 3.5 million tourists each year by 2030, up from 1.3 million in 2024. US and Hong Kong-listed integrated casino and hotel operator, Wynn Resorts, is set to open a casino there, the......
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28.01.26 - 10:30
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Pop Mart rallies in Hong Kong on aggressive push into US retail market (SCMP)
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Pop Mart extended its rally in Hong Kong on Wednesday after unveiling an accelerated push into the US market, underscoring how overseas expansion is helping the Chinese toymaker offset lingering pressures at home.
The maker of Labubu figurines plans to open more than 20 new stores across the United States this year, under a partnership with US mall operator Simon Property Group, which announced the roll-out in mid-January.
The outlets will be located in major shopping centres including King of......
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28.01.26 - 08:06
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Hong Kong′s Kai Tak Arena to host League of Legends Champions Korea Cup esports event (SCMP)
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Some of the biggest names in esports will descend on Hong Kong next month for the finals of the League of Legends Champions Korea (LCK) Cup.
Following on from the successful Blast Premier event at Cyberport last November, the LCK Cup represents another step up for gaming in the city.
Kai Tak Arena will host the tournament, from February 28 to March 1, the first time the event has been held outside South Korea.
Chow Kai-hong, chairman of the Hong Kong Esports Association, said they had received......
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28.01.26 - 07:54
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Hong Kong′s US$8 billion wealth fund eyes fintech, aerospace and AI for growth (SCMP)
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The Hong Kong Investment Corporation (HKIC) is eyeing investments in fintech, aerospace and artificial intelligence, tapping the city's strengths and a wave of incoming talent and enterprises as geopolitical shifts create new opportunities, according to its CEO.
The city's wholly owned investment vehicle, which manages HK$62 billion (US$8 billion) in funds, would look at these new sectors in addition to its other focus areas, “playing to Hong Kong's advantages in the context of the global......
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28.01.26 - 06:18
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Hong Kong home prices snap 3-year downturn as rents surge to a new high (SCMP)
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Hong Kong's lived-in home prices ended a three-year downturn with a 3.25 per cent increase in 2025, as the property market gallops into the new year buoyed by expectations of more transactions and further price gains, according to analysts.
Rents climbed to a record high in December, boosting annual gains to 4.26 per cent in 2025 and marking a third consecutive year of increase, according to the Rating and Valuation Department on Wednesday.
“Hong Kong's residential market strengthened notably......
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28.01.26 - 04:36
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China second only to US in global AI finance index, with Hong Kong third as a city hub (SCMP)
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China has emerged as the world's second most competitive country for artificial intelligence in finance, ranking behind the US but well ahead of the rest of Asia, according to a global index.
China scored 83.41 in the Global AI Competitiveness Index, trailing the US at 98.84 and ahead of the UK at 78.26, a report released on Wednesday by think tank Deep Knowledge Group showed. Switzerland ranked fourth, followed by Singapore, Germany, Saudi Arabia and India.
The world's second-largest economy......
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28.01.26 - 03:12
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Hong Kong stocks maintain momentum to hit 4-year high (SCMP)
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Hong Kong stocks rose on Wednesday to their highest level in more than four years, tracking overnight gains on Wall Street, with investors expecting shares to rally further on the back of robust corporate earnings this year.
The Hang Seng Index rose 0.7 per cent to 27,325.89 at the open, the highest level since July 2021. The Hang Seng Tech Index gained 0.6 per cent. On the mainland, the CSI 300 Index strengthened 0.4 per cent and the Shanghai Composite Index added 0.3 per cent.
Lender HSBC rose......
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27.01.26 - 12:06
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Hong Kong logs US$95 million worth of luxury home deals in a single day (SCMP)
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Hong Kong's property market on Monday logged HK$740 million (US$94.9 million) worth of luxury home deals, one of the city's largest single-day hauls, as the residential segment shakes off a multi-year slump.
Records from the Land Registry showed that five upscale homes – from areas such as Mid-Levels, Wan Chai and Sai Kung – changed hands in deals valued between HK$93 million and HK$238 million.
The flurry of luxury home deals comes amid a recovery in Hong Kong's residential property segment, as......
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