As Hong Kong’s Fashion InStyle fairground wrapped up, attendance numbers underscored the Fragrant Harbour city’s international influence as a global trade platform. Organized by the Hong Kong Trade Development Council (HKTDC), a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade, the global show brought together some 400 exhibitors and drew…
(Reuters) -Hong Kong launched a scheme on Tuesday to offer smoother listings for tech companies on its stock exchange, as it looks to capitalize on Chinese companies’ growing appetite to raise funds offshore. The new “technology enterprises channel” will make new listings easier for specialist technology and biotechnology firms, the bourse operator and Hong Kong’s…
The Hang Seng advanced 158 points or 0.7% to end at a one-month peak of 22,663 on Tuesday, marking its fourth straight gain amid signs of easing trade tensions. President Trump said Sunday that the U.S. was engaging with several countries, including China, on trade deals. Locally, Hong Kong’s economy grew 3.1% yoy in Q1 2025—the…
A Hong Kong teenager who repeatedly slapped a 14-year-old girl at a shopping centre last year has been sentenced to a drug addiction treatment facility, after three other female defendants involved were earlier sent to rehabilitation. West Kowloon Magistrate Vivian Ho Wai-han on Tuesday handed down the sentence to Wong Lok-him, 19, saying he would…
Contemporary Amperex Technology, the world’s largest maker of batteries for electric vehicles, has begun sounding out investor interest for its planned Hong Kong share sale, according to terms of the deal seen by Bloomberg. Bloomberg previously reported that CATL aims to raise at least US$5 billion (HK$39 billion) as early as May, which could become…
JPMorgan Chase & Co. and Bank of America Corp. have forged ahead working on the blockbuster listing of Contemporary Amperex Technology Co. Ltd. despite a US congressional committee calling for the American lenders to drop out of the deal. Source link
What’s going on here? China and Hong Kong stocks climbed nearly 1% on hopes of a China-US trade agreement, despite a slowdown in China’s service sector. What does this mean? Markets got a boost primarily from tech stocks, as robust Asian currencies indicated a move away from dollar assets. Hong Kong’s Hang Seng Index hit…
The number of licensed restaurants in Hong Kong has dropped year on year for the first time in six years, a Post analysis has found, with experts attributing the decline partly to locals travelling to mainland China and tourists preferring lighter food options such as street snacks. According to data from the Food and Environmental…
6th May 2025 – (Hong Kong) The Trump administration’s second-term trade offensive has escalated from rhetorical salvos to structural warfare, with the Office of the United States Trade Representative (USTR) implementing draconian measures against China’s maritime sector under Section 301 provisions. Hong Kong finds itself navigating treacherous waters where geopolitical tectonics threaten its century-old status…
Hong Kong’s freight forwarding industry is suffering collateral damage from an intensifying tariff war between China and the United States, shaking the city’s crucial role in re-exporting goods, business leaders have warned. Many manufacturers with more than 15 per cent of business exposure to China-US trade had been forced to slash jobs or save costs,…