A senior Hong Kong finance official has hit back at criticism of the city’s prospects as “bias against China”, following a recent commentary by a prominent US economist who asserted that “the Hong Kong of old is over”. The government’s rebuttal did not directly name any specific critic but was published after American economist Stephen…
Stock exchange operator Hong Kong Exchanges and Clearing (HKEX) will allow all listing applications to remain confidential and will reduce market-capitalisation requirements for listings by start-ups and international firms immediately, it announced on Friday. Confirming a report by the South China Morning Post, HKEX will proceed with confidential filing as it proposed in March in…
Hong Kong Exchanges and Clearing (HKEX) would proceed with its listing reform to allow confidential filings and a lower market capitalisation requirement, as part of the exchange operator’s plan to increase its international competitiveness, two sources told the South China Morning Post. The move would be a result of the exchange’s months-long consultations with market…
Hong Kong’s tax revenue rose by 22 per cent to HK$458.3 billion (US$58.5 billion) in the past financial year, driven by a buoyant stock market and increased property transactions. Commissioner of Inland Revenue Benjamin Chan Sze-wai announced on Monday the provisional tax figures for the year ending March 31. Stamp duty jumped by 61 per…
Hong Kong’s AI IPO boom produces its latest entrant today, as design AI startup Manycore Tech begins trading after seeking up to 1.02 billion Hong Kong dollars ($130 million) in funding, becoming the first of China’s six celebrated “Little Dragons” from Hangzhou to reach public markets. “The IPO is important for us to attract the…
China’s annual parliamentary “two sessions” have been framed as a show of resilience in a turbulent world. That framing is not wrong but it is incomplete. Beijing’s deliberately lower 2026 economic growth target is less an admission of weakness than a signal that the growth playbook is being rewritten. For Hong Kong, this is not…
Good morning. There’s been a recurring theme to some of the AI conversations I’ve had this week: using the technology to find things in sprawling corporations. For all that agentic AI promises for the future, several executives told me that the real value right now is in locating assets—documents, devices, intellectual property, et cetera—within companies. …
Asian companies have led foreign listings in the U.S. but they tend to raise less cash than their American counterparts. (Nikkei montage/Source photo by Reuters) Trading Asia Japan, South Korea firms look abroad as bourses at home tighten regulations, according to experts PAK YIU November 24, 2025 06:00 JST Source link
“Baby Shark Dance” became a global earworm almost a decade ago, but the viral jingle — which has racked up more than 16 billion views on YouTube — still ranks among the internet’s most recognizable pieces of children’s entertainment. Riding that unprecedented success, creator Pinkfong Co. is debuting on South Korea’s small-cap Kosdaq market on…
Tata Capital Ltd. and LG Electronics India Ltd. will begin trading in Mumbai over the next couple of days after they concluded two of the nation’s biggest initial public offerings this year, with their debuts set to test the strength of one of the world’s hottest equity capital markets. Tata Group’s shadow-lending unit, which raised…