The recent decision by the US government not to extend its Hong Kong-related state of emergency saw the effective lifting of sanctions on nine mainland Chinese and Hong Kong officials. At a Ministry of Commerce press briefing, a spokesman called it “an important step in fulfilling the consensus” reached in negotiations. Some view the move…
Hong Kong property tycoon Gordon Wu Ying-sheung has predicted that China will overtake the US as the world’s largest economy in the next decade or so, propelled by rapid technological advances while Washington is weighed down by massive defence expenditure and national debt. Yet the 90-year-old founder and chairman of Hopewell Holdings, who rarely speaks…
Hong Kong has once again displayed its resilience. The city retained its No 3 ranking in the Global Financial Centres Index, just behind New York and London, while initial public offerings surged eightfold in the first half of 2025. For the first time since 2019, Hong Kong held the top spot in global IPO fundraising….