Advertisement
Advertisement
Enoch Yiu
Chief Reporter, Business
Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is the author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.
A total of 286 Chinese firms are listed in the US with a total market capitalisation of US$1.1 trillion.
The Hong Kong government’s investment arm has acquired an unspecified stake in the Li Ka-shing-backed consumer finance company.
Economy is the top priority of the central government and foreign businesses and investments are welcome, Chan said at a Citigroup conference.
Around 57 per cent of Hong Kong respondents expect their business to grow in 2025, down from 69 per cent in 2024.
Advertisement
The local currency changed hands at 7.7623 per US dollar on Thursday afternoon, retracing from a high of 7.7560 on Wednesday.
Some of the 178 companies that have filed IPO applications in Hong Kong may delay their listing plans, analysts say.
Extension of loan repayment periods and partial principal repayment arrangements offered by banks to ease SMEs’ pain.
The plunge pushed Hong Kong’s benchmark index into bear territory, as it has lost more than 20 per cent from a recent peak.
The volatility of global markets may provide new opportunities for IPOs in Hong Kong, a lawmaker says.
Goldman trims its 12-month upside targets for the MSCI China Index and CSI 300 Index, after a bullish upgrade in mid-February.
New insurance premiums rose 330 per cent between 2019 and 2024, lifting Sun Life’s ranking to fifth from 12th, according to company data.
Reform of board-lot size could boost turnover and encourage smaller investors, but some brokers could struggle with the change, analysts say.
The complex at Skytopia airport city will be ready this year or early next year and enhance Hong Kong’s role as an art-trading centre.
Hong Kong and China equities led all asset classes in the first quarter, while US equities slumped, according to MPF Ratings.
Futu could be paying HK$1.2 million (US$154,000) per month in rent, a steal compared to the HK$8.6 million in monthly rent that Burberry paid in 2018.
Cheng bought HK$20 million of convertible bonds sold by GEM-listed Ziyuanyuan on Wednesday, showing his confidence in the healthcare industry.
Many stockholders praised bank’s strong performance last year, adding that they supported new strategies to cut costs and achieve growth.
China Overseas Land & Investment’s profit sank 40 per cent to 15.6 billion yuan, while Country Garden trimmed its loss to 32.8 billion yuan.
IPOs totalled US$2.3 billion from 15 firms in the first quarter, compared with US$612.7 million a year earlier, LSEG data shows.
HSBC’s customers base increased to 6.2 million last year from 5.4 million, showing the importance of the city, Elhedery says.
Templeton, Janus Henderson and Wellington Management see potential in stocks amid China’s pursuit of tech excellence.
Nearly 40 per cent believed AI was an ‘overhyped profit driver’, according to HSBC’s survey of high-net-worth investors.
CEOs of Primavera Capital, Franklin Templeton tout long-term potential of Chinese stocks at first World Economic Forum event in Hong Kong.
China is at the beginning of a long innovation story, according to speakers at the HSBC Global Investment Summit.
Artificial intelligence is the future, as it has the potential to boost Hong Kong’s competitiveness, financial secretary says.
Hong Kong’s stock market has a lot of room to expand as many companies are planning IPOs, HSBC’s Asia and Middle East co-CEO David Liao says.
Hong Kong’s low tax regime, good education and healthcare systems are plus points in attracting family offices, investor says.
The insurer is weighing different entry strategies that include applying for a new licence, partnerships and acquisitions.
Two years ago, the government unveiled eight measures with the aim of attracting affluent families so they could set up family offices.
