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An electronic billboard displaying the Hang Seng Index figure outside the HKEX in Central on October 28, 2022. Photo: Yik Yeung-man
HKEX

HKEX to lower minimum float for more companies to tap IPO boom

Mainland-listed firms will be allowed to float a minimum of HK$3 billion worth of shares in Hong Kong, or 10 per cent of outstanding capital.

Hong Kong stock market

Hong Kong stocks record biggest weekly loss in nearly 4 months

Digital currencies

HKMA’s strict stablecoin regime to shape Hong Kong’s crypto future

Family offices

Why are more wealthy mainland companies coming to Hong Kong for mediation?

An increasing number of wealthy mainland families are coming to Hong Kong for mediation services.

A view of the skyline of Hong Kong Island across the Victoria Harbor from the Hong Kong Museum of Arts in Tsim Sha Tsui on August 11, 2023. Photo: Jelly Tse
A view of the skyline of Hong Kong Island across the Victoria Harbor from the Hong Kong Museum of Arts in Tsim Sha Tsui on August 11, 2023. Photo: Jelly Tse
Hong Kong Monetary Authority (HKMA)

Hong Kong’s war chest grows the most in 2 decades on bull market

The Exchange Fund’s first-half return grew 76.6 per cent from the HK$110.1 billion gain last year, the Hong Kong Monetary Authority said.

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Banking & finance

Standard Chartered second-quarter profit rises 54%

CEO Winters says performance is attributable to focus on ‘cross-border and affluent banking’.

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Banking & finance

Wuxi AppTec joins funding rush as appetite grows for China’s biotech

WuxiAppTec raised HK$7.70 billion (US$981 million) in a sale of additional shares to fund its global expansion.

Wuxi AppTec’s research center in Shanghai on June 6, 2023. Photo: Getty Images
Wuxi AppTec’s research center in Shanghai on June 6, 2023. Photo: Getty Images
Hong Kong stock market

Hong Kong stocks slide to 2-week low on Fed decision, China manufacturing data

China’s official manufacturing purchasing managers’ index falls to 49.3 in July from 49.7 in June.

Banking & finance

HKMA keeps base rate unchanged as US Fed defies Trump’s pressure

The HKMA keeps its base rate at 4.75 per cent after the Fed left the target range at 4.25 to 4.5 per cent.

Banking & finance

Hang Seng says it is ‘covered’ against bad loans amid property slump

The provisions weighed on the bank’s interim profit, which fell 30 per cent to HK$6.88 billion from HK$9.89 billion a year earlier.

Hang Seng Bank in Central on July 30, 2025. Photo: Eugene Lee
IPO

Nvidia’s printed circuit board supplier Victory Giant plans Hong Kong IPO

Chinese printed circuit board maker plans to sell up to 10 per cent of its existing share capital.

Inside a Victory Giant Technology factory. Photo: Handout
Inside a Victory Giant Technology factory. Photo: Handout
Hong Kong stock market

Hong Kong stocks trade lower on disappointment over China–US trade negotiations

World’s two largest economies stop short of finalising a new deal that would extend a 90-day tariff pause.

Insurance

Exclusive | Retirement dreams: Hong Kong boomers eye Greater Bay Area for affordable living

A survey sponsored by BOC Life says 24 per cent of Hongkongers are willing to retire outside the city versus less than 5 per cent 10 years ago.

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Digital currencies

Hong Kong set to issue first stablecoin licences ‘early next year’

‘We aim to progress step by step, gradually driving the digital transformation of Hong Kong,’ HKMA deputy chief executive Darryl Chan says.

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Stablecoins are cryptocurrencies backed by a reference asset, typically a fiat currency like the US dollar. Photo: Shutterstock
Accounting and auditing

Hong Kong audit watchdog warns of quality risks amid fee cuts, tight deadlines

Of the 16 auditors inspected by the AFRC, 13 accepted lower fees than the previous firm, while 12 have been asked to step up their audit quality.

One of the main reasons listed companies changed auditors was cheaper auditing fees, as existing auditors refused to give discounts, according to the AFRC. Photo: Getty Images
One of the main reasons listed companies changed auditors was cheaper auditing fees, as existing auditors refused to give discounts, according to the AFRC. Photo: Getty Images
Banking & finance

Gold miner Shanjin plans Hong Kong IPO amid record gains in precious metal

Shanjin was among China’s top 10 gold mining groups based on output and profitability in 2023.

Hong Kong property

Hong Kong June lived-in home prices rise to 5-month high as buyers return

Second-hand home prices record a 0.03 per cent gain in June, the third straight month of improvement.

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Hong Kong stock market

Hong Kong stocks take a breather ahead of Fed decision and earnings reports

HSBC Holdings and Hang Seng Bank are expected to release interim reports this week as earnings season gears up.

A man passes a foreign exchange shop in Hong Kong. Photo: Reuters
A man passes a foreign exchange shop in Hong Kong. Photo: Reuters
Hong Kong stock market

Hong Kong stocks rise on high hopes for US-China trade talks

Trade deal between the US and the EU includes a 15 per cent tariff on European goods entering the US.

Banking & finance

Vanuatu looks to Hong Kong to support digital finance, economic plans

‘We have the digital transformation vision and I have got to look at places with experience like Hong Kong,’ Deputy PM Rasou says.

Mandatory Provident Fund (MPF)

Number of MPF millionaires doubles as assets hit record US$178 billion

MPF pension regulator says the number of millionaires in the scheme doubles over the course of five years.

Mandatory Provident Fund Schemes Authority chairwoman Ayesha Macpherson Lau. Photo: Edmond So
China stock market

Trading places: Chinese quant funds lure AI talent from the US

Trump upheaval plays into the hands of talent-hungry firms in the growing sector, as many eye markets beyond the mainland.

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Illustration: Henry Wong
Illustration: Henry Wong
Insurance

Hong Kong life insurance sales rise 43% in first quarter to hit record high

Hong Kong’s life insurance industry sees sustained demand for savings, health and protection products, Manulife says.

Banking & finance

Hong Kong’s OSL Group raises US$300 million amid stablecoin anticipation

The licensed virtual-asset trading platform says it is the largest publicly disclosed equity raise in Asia’s digital-asset sector.

Hong Kong property

Exclusive | Airport Authority poised to part ways with New World in 11 Skies mall

Airport Authority is looking for a developer to undertake and complete the work at 11 Skies as it prepares to take back the project from NWD, several sources say.

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11 Skies, part of the integrated development of the Hong Kong International Airport in Chek Lap Kok, pictured on June 17, 2024. Photo: Jelly Tse
China Future Tech
HIGHLIGHTS FROM
China Future Tech

Big Tech

Nvidia to support RISC-V processors in latest boost to China’s chip self-sufficiency drive

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Nvidia’s move is expected to provide a boost to Chinese chip firms. Photo: Shutterstock Images

Tech War

‘How can we trust you?’: China’s state media urges Nvidia to prove chip safety

Chinese state media’s attention increases the pressure on Nvidia to meet Beijing’s demands, while abiding by Washington’s trade restrictions. Photo: Shutterstock

Big Tech

Chinese drone giant DJI launches its first entry in the 360-degree camera market

DJI’s Osmo 360 camera. Photo: Handout

China Economy

China’s customisable robot market may be about to take off

Deputy manager Zhang Shuai puts a humanoid robot through its paces with a tai chi demonstration at the Future Era store in Shenzhen on Wednesday. Photo: Alice Li

Tech War

Chinese semiconductor, AI firms form pact as Nvidia faces inquiry on H20 chip

An alliance of Chinese semiconductor and AI companies is raising the stakes in the country’s tech self-sufficiency efforts. Photo: Shutterstock
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