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Hong Kong

HKEX posts first profit growth in 3 quarters as IPOs, stocks trading revive in Hong Kong

by Anas Siddiqui
HKEX posts first profit growth in 3 quarters as IPOs, stocks trading revive in Hong Kong

Hong Kong Exchanges and Clearing Limited (HKEX) reported its first earnings growth in three quarters, as initial public offerings (IPOs) and stocks trading returned amid a leadership change at the …

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Evolve or perish: death knell for Hong Kong’s deposit-taking companies as reform deepens

by Anas Siddiqui
Evolve or perish: death knell for Hong Kong’s deposit-taking companies as reform deepens

Hong Kong’s deposit-taking companies (DTCs) will meet their end in current form within five years, after the banking regulator decided to flatten the industry with its latest evolve-or-perish reform. Their …

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2 popular Indian spice brands failed safety checks abroad

by Akin Smith
2 popular Indian spice brands failed safety checks abroad

Nearly 12 per cent of tested spice samples failed to meet quality and safety standards, according to data obtained by Reuters of tests by Indian authorities after several countries took steps over contamination …

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Hong Kong hedge fund SVI winds down bets on Chinese equities, returns capital to investors

by Anas Siddiqui
Hong Kong hedge fund SVI winds down bets on Chinese equities, returns capital to investors

Hong Kong-based hedge fund Strategic Vision Investment (SVI) has wound down its main Value Multiplier Fund, which invested in Chinese equities, three sources said. SVI liquidated the holdings of the …

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Crash Adams on their hit songs and YouTube and TikTok fame ahead of Hong Kong return

by Haddis Thomas
Crash Adams on their hit songs and YouTube and TikTok fame ahead of Hong Kong return

“When people say we got our start from content creation, they usually think about TikTok, and although TikTok was a little bit of a jump start, our real start came …

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Alibaba, Tencent weigh on Hong Kong stocks as traders search for clues about Fed rate cut

by Anas Siddiqui
Alibaba, Tencent weigh on Hong Kong stocks as traders search for clues about Fed rate cut

Hong Kong stocks fell on Tuesday as investors await developments on the US interest rate front after China left its key lending rates unchanged. The Hang Seng Index declined 0.4 …

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Hong Kong property buyers willing to forfeit deposits than pay above-market prices

by Anas Siddiqui
Hong Kong property buyers willing to forfeit deposits than pay above-market prices

The number of new-home buyers who have forfeited their deposits has jumped by nearly a fifth in the first half compared with the whole of last year amid a persistent …

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Kaisa says it has creditors’ support as it unveils debt workout plan to avoid liquidation

by Anas Siddiqui
Kaisa says it has creditors’ support as it unveils debt workout plan to avoid liquidation

Kaisa Group has unveiled its long-awaited debt workout plan to avoid a showdown during next month’s liquidation court hearing in Hong Kong, the first time the Shenzhen-based developer is restructuring …

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Hong Kong food and fashion nostalgia inspire Canadian artist’s Hong Kong Baby Girl show

by Haddis Thomas
Hong Kong food and fashion nostalgia inspire Canadian artist’s Hong Kong Baby Girl show

Some of her art – including colourful paintings, illustrations and sketches – is on show in “Hong Kong Baby Girl” at Young Soy Gallery in Sheung Wan, on Hong Kong …

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Chinese craft beer maker RichKat taps into Hong Kong’s frothy market

by Anas Siddiqui
Chinese craft beer maker RichKat taps into Hong Kong’s frothy market

RichKat Craft Brewing, a Shenzhen-based beer brand, has opened two pubs in Hong Kong, a move that could benefit the company as the beverage is tipped to become one of …

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