Clifford Chance has helped more than a dozen innovative companies raise funds under the new listing regime since 2018, when Hong Kong Exchanges and Clearing (HKEX) introduced reforms for pre-revenue biotech firms and companies with weighted voting rights (WVR), where one class of shareholders carries more voting rights than others. “The current market cap requirement…
The highest-paid independent non-executive director (INED) of a Hong Kong-listed company in 2024 made US$1.67 million, nearly 2,000 times what the lowest-paid INED received, drawing attention to a potential disconnect between pay and the responsibilities of the role. The lowest-paid INED received 6,000 yuan (US$867.94) in 2024, according to a survey by the Hong Kong…
Hong Kong-based accounting firms plan to continue expanding their workforce in 2026, hoping to attract newly minted accountants, even as the industry steps up the adoption of artificial intelligence, according to industry players. “We do not believe AI is a replacement for humans, and we have not seen any reduction in hiring in the past…
A media report overt the weekend saying the London Stock Exchange Group (LSEG) is considering 24-hour trading has raised questions about whether Hong Kong’s bourse could similarly lengthen its transaction hours to cater to a younger generation of trade-anytime investors. The Orion Derivatives Platform (ODP), developed by Hong Kong Exchanges and Clearing (HKEX) for roll-out…
HSBC is launching a new education series to equip Hong Kong’s small and medium-sized enterprises (SMEs) with knowledge to help them maintain smooth business operations amid the threat of disruption from US tariffs. The city’s largest lender said the Account Fitness initiative would help SMEs effectively manage and maintain healthy accounts. “Many entrepreneurs of SMEs…
Jun 6, 2025 Manulife (International), the largest pension provider in Hong Kong, has announced its plan to redomicile from Bermuda to Hong Kong in November. This decision, outlined in a notice sent to customers, underscores the company’s confidence in Hong Kong’s standing as a global financial center. The move positions Manulife (International), a subsidiary of…
Small and medium-sized enterprises (SMEs) say they have been generating new business by leveraging their carbon-tracking technologies, despite some financial uncertainties facing the broader sector. For Hong Kong start-ups like Urban Spring, which supplies smart water refilling stations, and EzyGreenPak, which makes sustainable packaging, using technologies that measure climate-related data throughout their production chains has…