Funds raised from new share sales in Hong Kong jumped 220 per cent in the first nine months of 2025, strengthening the local stock exchange’s grip on the top spot in the global rankings, while analysts predicted that the initial public offering (IPO) market would continue to pop well into next year. A total of…
Hong Kong maintained its position as the world’s third-ranked financial hub, narrowing the gap with leading cities New York and London, according to the latest Global Financial Centres Index (GFCI) report on Thursday. The report, which is published twice a year, said Hong Kong’s overall rating rose 4 points, just 1 point below London and…
Hong Kong authorities are set to reshape how they deliver public services, rolling out a sweeping plan to embed AI in at least 200 administrative procedures by the end of 2027 in a bid to boost efficiency and create a more responsive, tech-driven bureaucracy. The timeline, listed in Chief Executive John Lee Ka-chiu’s policy address…
Shareholders of mainland Chinese companies are showing increasing interest in setting up family offices in Hong Kong after their initial public offerings amid a swelling pipeline of new listings in the city, according to an asset manager overseeing up to US$2 billion in wealth. “This week alone, I have met two clients inquiring about family…
A Hong Kong delegation making an official visit to Qatar has signed 35 memorandums of understanding (MOUs) and agreements to deepen cooperation between the two places, ranging from investment to innovation and technology, with city residents also given 30-day visa-free access to the Gulf nation. Wrapping up his two-day visit to the country in Doha,…
A slew of Chinese companies are eyeing initial public offerings (IPOs) in Hong Kong, riding on the stock market impetus provided by artificial intelligence (AI) start-up DeepSeek. AICT, a Beijing-based AI solutions provider, aims to raise about US$200 million from a Hong Kong IPO, according to sources familiar with the matter. AICT, whose products are…