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Hong Kong Monetary Authority spent HK$9.4 billion to defend the dollar peg

Hong Kong Monetary Authority spent HK$9.4 billion to defend the dollar peg

The Hong Kong Monetary Authority (HKMA) has jumped into the foreign exchange market again after the Hong Kong dollar dropped past HK$7.85 per US dollar, which is the weakest point allowed under the city’s peg system. This intervention puts...

Was Keung To’s fall into sea a cry for help for Hong Kong band Mirror?

Was Keung To’s fall into sea a cry for help for Hong Kong band Mirror?

Hong Kong Cantopop boy band Mirror is navigating a challenging landscape after its meteoric rise to fame a few years ago, with its members now forced to compete with all types of online entertainment and the local showbiz scene grappling with...

Chinese courier SF to raise US$752 million via Hong Kong shares, bonds

Chinese courier SF to raise US$752 million via Hong Kong shares, bonds

SF Holding, China’s largest courier, announced plans on Thursday to raise more than HK$5.9 billion (US$752 million) through a new share placement on the Hong Kong exchange and the issuance of convertible bonds. Proceeds from the HK$2.9505 billion...

China opens first offshore gold vault and contracts in Hong Kong

China opens first offshore gold vault and contracts in Hong Kong

[SINGAPORE] The Shanghai Gold Exchange (SGE) has expanded outside mainland China for the first time, with the rollout of two new contracts and a bullion vault in Hong Kong. The launch serves a number of purposes, from broadening the Shanghai...

Pro-Beijing district councillor withdraws from Miss Hong Kong Pageant after official reminder of duties

Pro-Beijing District Councillor Angel Chong has decided to quit the Miss Hong Kong Pageant, one day after taking part in the first round of interviews for the beauty contest. Angel Chong began her term as district councillor in early 2024. Photo:...

Damson Technologies Hong Kong Ltd enters into manufacturing and supply agreement with Chinese firm

Damson Technologies Hong Kong Ltd enters into manufacturing and supply agreement with Chinese firm

Damson Technologies (Hong Kong) Limited, a wholly owned subsidiary of Damson Technologies Private Limited, which is a material subsidiary of Last Mile Enterprises Limited, has entered into an Exclusivity Manufacturing and Supply Agreement with...

Shine like gold: Winners of the Employee Experience Awards 2025, Hong Kong

Shine like gold: Winners of the Employee Experience Awards 2025, Hong Kong

Tam Jai International triumphs as Grand Winner with outstanding achievements across 12 categories. By sweeping an impressive seven gold, three silver, and two bronze trophies, Tam Jai International has been crowned as Grand Winner at the Employee...

Hong Kong Real Estate Firm’s Art Lending Deal with Sotheby’s Hits Snag

Hong Kong Real Estate Firm’s Art Lending Deal with Sotheby’s Hits Snag

A high-profile Hong Kong real estate family is learning that a hot corner of finance—art-backed lending—has its limits. According to Bloomberg, the Parkview family’s property empire in Hong Kong—already strained by a near-default in March—explored...

Hong Kong Convention to Come into Effect on June 26

Hong Kong Convention to Come into Effect on June 26

The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, commonly called the Hong Kong Convention, is set to enter into force on June 26. It will introduce a globally standardized framework for ship...

Hong Kong’s Securities and Futures Commission approves Guotai Junan Securities to offer virtual-asset trading services

Hong Kong’s Securities and Futures Commission approves Guotai Junan Securities to offer virtual-asset trading services

Guotai Junan Securities (Hong Kong), a subsidiary of Guotai Junan International, has reportedly secured approval to offer virtual-asset trading services, making it officially the first Chinese mainland brokerage in Hong Kong to do so. The mainland...

5 new coffee shops in Hong Kong to visit in July 2025 for your caffeine fix

5 new coffee shops in Hong Kong to visit in July 2025 for your caffeine fix

As we enter the height of summer, remember to stay hydrated and out of the sun – and what better way to replenish your energy than with an iced coffee or two at one of these new cafes around town? From Hong Kong Island to the New Territories,...

The investment industry has three asks for Reeves’ Mansion House speech

The investment industry has three asks for Reeves’ Mansion House speech

Thursday 26 June 2025 5:34 am | Updated: Wednesday 25 June 2025 11:41 am Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email The investment industry is listening to the...

Hong Kong contractor kicked off major projects as fatality cases loom

Hong Kong contractor kicked off major projects as fatality cases loom

A Hong Kong contractor fighting to keep its licence to build in the special administrative region after a spate of site deaths has been kicked off its four remaining projects. The company, Aggressive Construction, lost its licence in 2023 after...

China could test Yuan stablecoin Hong Kong route but faces headwinds – Morgan Stanley

China could test Yuan stablecoin Hong Kong route but faces headwinds – Morgan Stanley

Morgan Stanley analysts predict that yuan stablecoin initiatives in Hong Kong could serve as Beijing’s digital currency sandbox, although significant economic challenges threaten to limit the yuan’s international potential, despite the city’s...

Singapore Industrial Production Data Due On Thursday

Singapore Industrial Production Data Due On Thursday

Singapore will on Thursday release May figures for industrial production, highlighting a light day for Asia-Pacific economic activity. Output is expected to sink 2.5 percent on month and rise 2.6 percent on year after climbing 5.3 percent on month...

Hong Kong sets high bar for stablecoin issuers

Hong Kong sets high bar for stablecoin issuers

Hong Kong licensed exchange OSL saw its share price surge 18% to HK$14.6 on June 25, hitting a one-year high. The approval of a virtual asset license for Chinese brokerage Guotai Junan International boosted the exchange’s share price. Guotai...

Philippines, Hong Kong working on customs cooperation agreement vs illicit trade

Philippines, Hong Kong working on customs cooperation agreement vs illicit trade

MANILA, Philippines — The governments of the Philippines and Hong Kong are completing a Customs cooperative arrangement aimed at addressing illicit trade. In a statement, the Department of Finance (DOF) is moving toward the completion of a Customs...

Noah and BBH Singapore put men’s health on the agenda in Hong Kong with ballsy campaign

Noah and BBH Singapore put men’s health on the agenda in Hong Kong with ballsy campaign

Telehealth platform Noah and creative agency BBH Singapore have teamed up in a bid to put the subject of men’s sexual health front and centre in Hong Kong – by appearing to put a pair of giant inflatable balls front and centre of the city’s...

Hong Kong’s strengths lie in bridging East, West amid trade war: finance chief

Hong Kong’s strengths lie in bridging East, West amid trade war: finance chief

Hong Kong’s finance minister has dismissed concerns that foreigners are avoiding the city because of its strong connections to the mainland Chinese market amid the trade war, saying that investors are showing their confidence with their capital....

Oil price rollercoaster hammers South-east Asia’s top energy counters

Oil price rollercoaster hammers South-east Asia’s top energy counters

[KUALA LUMPUR & JAKARTA] Oil and gas stocks (O&G) across Malaysia and Indonesia are giving up recent gains, following a volatile two-week rally driven by escalating tensions between Israel and Iran that had sent crude prices briefly surging. The...

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