Hong Kong’s finance chief has pledged to further integrate financial services with technology innovation to foster a thriving ecosystem, following a surge in investor interest in artificial intelligence-related stocks during the first trading day of the year. Financial Secretary Paul Chan Mo-po on Sunday also emphasised Hong Kong’s role as an international capital market in…
Hong Kong’s momentum as an initial public offering (IPO) venue is set to hurtle onwards in 2026 after funds raised from share sales more than tripled in 2025, placing the city’s exchange atop the global rankings for the first time since 2019. A total of 114 companies raised US$37.22 billion on the Hong Kong stock…
Beijing’s top office overseeing Hong Kong affairs said on New Year’s Day that the city’s administration had lived up to expectations, stressing its effective response to the deadly Tai Po fire demonstrated unity and resilience. Acknowledging President Xi Jinping’s New Year wishes for the city, Chief Executive John Lee Ka-chiu also pledged in a social…
Hong Kong’s finance chief has struck an upbeat tone about the city’s economic outlook for 2026, while forecasting that growth this year will accelerate to 3.2 per cent, surpassing earlier projections. Financial Secretary Paul Chan Mo-po said the optimistic outlook was mainly supported by anticipated growth in mainland China and Asia along with interest rate…
Wheels were turning in more ways than one at a packed Hong Kong Velodrome last month when cyclist Ceci Lee Sze-wing rode to her third gold medal of the 15th National Games. Roared on by home spectators, it symbolised the successful realisation of the decision for the city to co-host the Games alongside Guangdong and…
Funds raised in Hong Kong reached nearly HK$275 billion (US$35.4 billion) from 106 initial public offerings (IPO) as of December 12, helping the city become the world’s top listing venue, the stock exchange operator said in a year-end review. “2025 has been a year of momentum – global investors returned with conviction, and innovation from…
Hong Kong stocks rose for a third day on Friday, putting the benchmark gauge on course for its longest winning streak in three weeks, after softer US inflation data bolstered the case for monetary easing that would allay concerns about frothy valuations of global equities. The Hang Seng Index advanced 0.7 per cent to 25,663.41…
Hong Kong’s initial public offering (IPO) market is heading for its busiest month in four years, as a late rush of listings gathers pace despite the traditional slowdown around the Christmas and New Year holidays. At least 15 companies were set to go public by the end of December, with drug-discovery firm Insilico Medicine planning…
Hong Kong and mainland China are set to see more corporate restructuring and liquidation in commercial real estate, restaurants and retail shops in 2026 due to the weak economy and changes in consumer behaviour, according to veteran liquidator Derek Lai Kar-yan. The challenging economic environment, however, provides opportunities for experts like Lai, 60, who is…
Those factors, JLL analysts said, were projected to help trim Hong Kong developers’ swollen inventory, which would drop back to their normal level by the end of next year. “Housing prices have bottomed out, and the outlook for 2026 is cautiously optimistic,” said Joseph Tsang Hon-ping, chairman of JLL in Hong Kong. “We expect capital…