What’s going on here? Auntea Jenny’s IPO has brewed a storm in Hong Kong, raising HK$273 million with overwhelming demand for its shares. What does this mean? Auntea Jenny, a notable player in the bubble tea industry, raised HK$273 million in gross proceeds from its highly anticipated initial public offering (IPO) on the Hong Kong…
In this week’s Hong Kong Edition, we examine what tumbling borrowing costs mean for the city’s moribund property market, take a first look at Cathay Pacific’s revamped airport lounge, and review the latest venture by the team behind Yardbird. Source link
Hong Kong stocks rose for a sixth straight day after Beijing unveiled a number of measures to support the economy and stabilise its markets ahead of US-China tariff talks this weekend. Overnight, the US Federal Reserve kept its interest rate unchanged, reiterating that it was not in a hurry to make cuts. Also, the Trump…
Hong Kong businesses are keenly observing the burgeoning new energy opportunities in the Middle East, as Gulf nations seek to diversify their oil-dependent economies and pave the way for a sustainable future. Cliff Zhang Kun, chairman of Templewater and Bravo Transport, which owns bus operator Citybus, said that the company was in discussions with Qatar…
8th May 2025 – (Hong Kong) The recent Golden Week holiday period saw Hong Kong welcome a significant surge in visitor numbers, with over 1.1 million arrivals marking a 22% increase compared to the previous year. This impressive figure highlights the city’s enduring appeal as a premier global tourism destination. However, beneath these encouraging numbers…
As Hong Kong’s triathletes prepare to suspend friendships in the name of a National Games selection fight, head coach Andrew Wright admitted on Wednesday that it was not ideal for them to be “training under one roof”. The city team will have eight men and three women in Saturday’s Chengdu World Triathlon Cup, which is…
(New York) – Hong Kong authorities’ unjust arrests of the father and brother of the prominent US-based activist Anna Kwok is an escalation of the Chinese government’s use of cross-border repression, 87 international and diaspora rights groups, including Human Rights Watch, said today in two jointstatements. Anna Kwok’s father, Kwok Yin-sang, 68, was arrested and…
Private hospitals in Hong Kong may be required to provide price estimates to patients and release information about past fees and charges under the government’s proposals to increase transparency in the sector. The Health Bureau said on Wednesday that residents needed clarity on charges in the private healthcare system. “Price transparency is crucial for the…
A ferry involved in one of Hong Kong’s worst maritime disasters 13 years ago was sailing at high speed before it crashed into another vessel and caused the latter to sink within minutes, a court inquest has heard. The Coroner’s Court heard on Wednesday that the Sea Smooth could have been travelling as fast as…
Legal amendments allowing small-scale reclamation in Hong Kong’s Victoria Harbour were passed on Wednesday with the support of most lawmakers, who called on the government to raise the public’s awareness of the changes. The second and third readings of the Protection of the Harbour (Amendment) Bill were held in the Legislative Council on Wednesday. Lawmaker…