Chinese mega listings catapult Hong Kong to top spot in global markets for IPOs in H1 2025
Fundraising in the city reaches HK$107 billion from 44 IPOs in first six months of the year, surpassing Nasdaq and NYSE
Hong Kong real estate gets short-term loose-money bump
The spread between short-term Hong Kong dollar lending rates and US Federal Reserve fund rates has reached its widest point since 1988,...
Number of tech startups in Hong Kong hits record high in 2024
The city’s rising clout in the tech scene comes as the startup industry in nearby Shenzhen is losing some of its sheen
Desperate for tourists, Hong Kong doles out incentives to woo visitors from mainland and beyond
Measures include free or discounted public transport, free admission to museums and art spaces, and half-price movie tickets
As financial hub rivals innovate, Hong Kong races ahead in digital finance
[HONG KONG] Determined to retain Hong Kong’s enduring status as a regional financial centre, the city’s officials are busy recreating and promoting its image and infrastructure – in the...
Hong Kong burnishes role as Asia’s green financial hub
[HONG KONG] Hong Kong is burnishing its credentials as Asia’s pre-eminent green financial hub, having arranged the issuance of over a third...
In Hong Kong, Chinese tourists abandon luxury for thrift
[HONG KONG] While the past 12 months have seen a gradual return of visitors from mainland China to Hong Kong, their different...
Hong Kong, Saudi Arabia formalise economic and financial relations
[HONG KONG] Hong Kong and Saudi Arabia have formalised their economic and financial ties, following months of high-level exchanges since Chinese President Xi Jinping’s groundbreaking visit to Riyadh in December last year.
China’s property sector a bubble that needed bursting: Hong Kong property broker Centaline
[HONG KONG] A slump in China’s property prices has left Hong Kong-based Centaline Group with a pile of unpaid agent commissions, and...
Hotels and retailers doing brisk business four months after Hong Kong reopening
[HONG KONG] Hong Kong was the world’s last major metropolis to fully reopen its borders following the Covid-19 pandemic. It did so...