Hong Kong’s capital markets are poised to provide the long-term funding that will help start-ups in mainland China deliver more “jaw-dropping” innovations in coming years, speakers at an investment summit said on Tuesday. “China has many enterprises that are low-key, but they are not ‘lying flat’, as many of them are working very hard on…
Hong Kong stocks swung between gains and losses on Thursday, as volatility increased after a tech-driven rally sent key benchmarks to multi-year highs. The Hang Seng Index dropped from a three-year high, falling 0.4 per cent to 23,705.54 as of 10.13am local time. The Hang Seng Tech Index lost 0.7 per cent after briefly touching…
This screenshot taken on March 17, 2023 shows the official website of the Securities and Futures Commission of Hong Kong. The Hong Kong securities watchdog has launched a consultation group for licensed digital-asset trading platforms and will develop a road map covering market access, compliance requirements and the potential relaxation of certain rules in the…
Sarah Tong, co-founder and CEO, Big Bang Academy: For transforming STEM education and inspiring young girls and women to lead in science “Because of what I do, I am in two of the fields where women are still under-represented: in STEM and in entrepreneurship. Globally, women make up over half of all students who have…
Hong Kong’s finance minister will promote the city’s advantages as a “superconnector” and a “super value-adder” during a visit to Switzerland this week for the annual meeting of the World Economic Forum. Paul Chan Mo-po said on Sunday he would take the opportunity to brief political and business leaders from around the world about the…
A more liberal exchange of capital between the mainland and Hong Kong should be facilitated to enhance the city’s international competitiveness and allow China to participate more freely in the world’s markets, panellists told the China International Finance Forum on Wednesday. “We need stronger policy initiatives to support freer capital flow between Hong Kong, the…
This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Hong Kong’s weather forecaster will lower the No 8 typhoon signal at 10.20am on Thursday, as Tropical Storm Toraji is set to weaken gradually and education authorities announce that classes of afternoon schools will…
Hong Kong has embarked on ambitious plans to build itself up as a centre for hi-tech and innovation in Asia. It has also been casting its net wider for diverse markets to partner with for trade and business owing to geopolitical tensions between China and the West. A new partnership between the city’s leading technology…
Hong Kong secured billions of dollars in financial commitment from Saudi Arabia after one of the city’s biggest business delegations to the kingdom sealed almost a dozen deals for start-ups and collaboration accords over three days. Two days earlier, the Saudi incubator agreed to let start-ups at the Hong Kong Science and Technology Park (HKSTP)…
The outgoing chairman of Hong Kong’s Securities and Futures Commission (SFC) believes the city will reassert itself as a world-leading venue for new share offerings, as listing reforms expected to be unveiled on Friday will attract more mega deals. “It is highly likely that Hong Kong can reach a higher ranking in the initial public…