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iFast plunges 12% after cutting its Hong Kong profit guidance
iFast plunges 12% after cutting its Hong Kong profit guidance
This is after the company lowered its 2025 Hong Kong profit before tax target to HK$380 million from HK$500 million [SINGAPORE] iFast shares plunged as much as 12 per...
Xiaomi-backed robot vacuum brand Roborock is said to consider Hong Kong listing
Xiaomi-backed robot vacuum brand Roborock is said to consider Hong Kong listing
Hang Seng Index has fared better than most, rising almost 10 per cent this year, despite an early April slidePublished Mon, Apr 28, 2025 · 12:34 PM[HONG KONG] Robot...
China’s Didi recruits ride-hailing drivers in Hong Kong push
China’s Didi recruits ride-hailing drivers in Hong Kong push
[HONG KONG] China’s Didi Global is quietly recruiting new drivers in Hong Kong as it looks to grow outside of mainland China. The move sets the Chinese ride-hailing pioneer up...
Hong Kong bourse operator to shift headquarters in US2 million deal
Hong Kong bourse operator to shift headquarters in US$812 million deal
Published Thu, Apr 24, 2025 · 07:56 PM[HONG KONG] Hong Kong’s bourse operator will shift its headquarters, it said on Thursday (Apr 24) and will take over the top...
Permira shuts Hong Kong, Shanghai offices in pivot to India
Permira shuts Hong Kong, Shanghai offices in pivot to India
[HONG KONG] Permira Holdings is overhauling its Asia strategy, closing offices in Hong Kong and Shanghai and shuffling senior leadership to India, where it sees stronger momentum and a...
Offshore renminbi funding costs in Hong Kong sink to record low
Offshore renminbi funding costs in Hong Kong sink to record low
[HONG KONG] The cost to borrow the offshore renminbi in Hong Kong dropped to the lowest since data became available in 2013, putting pressure on the Chinese currency even...
Hong Kong stocks drop on trade war anxiety, China inches higher
Hong Kong stocks drop on trade war anxiety, China inches higher
[HONG KONG] Hong Kong shares fell on Wednesday (Apr 16), dragged by technology stocks, after the US restricted Nvidia chip sales to China, raising concerns of an intensifying trade...
China Southern is said to mull Hong Kong IPO of cargo unit
China Southern is said to mull Hong Kong IPO of cargo unit
The deal may be coming at a tricky time for the company, which relies on Chinese exports that are under threat because of the country’s trade war with the...
Hong Kong postal service halts US parcels on tariff ‘bullying’
Hong Kong postal service halts US parcels on tariff ‘bullying’
The move comes as Trump’s tariff offensive on China increasingly affects the former British colony, which typically enjoys favourable treatment in trade matters due to its semiautonomous statusPublished Wed,...
Hong Kong stocks drop on trade war anxiety, China inches higher
China’s Duality Biotherapeutics shares rise 130% in Hong Kong debut
[SYDNEY] Duality Biotherapeutics stock more than doubled on its Hong Kong debut on Tuesday (Apr 15), after the Chinese firm raised US$213 million in an initial public offering (IPO)...