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Hong Kong crypto exchanges face challenges to get full licences
Hong Kong crypto exchanges face challenges to get full licences
August 22, 2024
HONG Kong’s push for a digital-asset hub faces growing pains amid uncertainty over whether 11 crypto exchanges will all achieve full licences after earlier receiving initial approvals. The city’s...
Hong Kong Exchange sees 9% profit gain on rising trading
Hong Kong Exchange sees 9% profit gain on rising trading
August 21, 2024
HONG Kong Exchanges & Clearing (HKEX) is benefiting from mainland Chinese investors in need of diversifying their holdings at a time of turbulence in markets from Shanghai to Shenzhen. Flows...
Hong Kong’s bourse reports 3% drop in first-half profits, Q2 activities pick up
Hong Kong’s bourse reports 3% drop in first-half profits, Q2 activities pick up
August 21, 2024
HONG Kong’s bourse operator said it’s cautiously optimistic for the year despite a 3 per cent drop in first-half profits on sluggish trading and subdued listing activities, as market...
Hong Kong’s bourse reports 3% drop in first-half profits, Q2 activities pick up
Hong Kong’s bourse reports 3% drop in H1 profits, Q2 activities pick up
August 21, 2024
HONG Kong’s bourse operator said that it is cautiously optimistic for the year despite a 3 per cent drop in first-half profits on sluggish trading and subdued listing activities,...
Spanish fashion group adds Hong Kong shop with rent 60% off peak
Spanish fashion group adds Hong Kong shop with rent 60% off peak
August 16, 2024
SPANISH fast-fashion label Mango has rented a 19,000-square-foot store in Hong Kong’s prime retail district Central, sources familiar with the matter said, the latest in a slew of global...
Hong Kong’s CK Infrastructure applies for UK listing
Hong Kong’s CK Infrastructure applies for UK listing
August 14, 2024
Hong Kong’s CK Infrastructure Holdings said on Wednesday (Aug 14) that it had applied for a secondary listing on the London Stock Exchange.The company, a part of the conglomerate...
Hong Leong Asia expects to benefit from ramp-up in HDB building activity in H2
Hong Leong Asia expects to benefit from ramp-up in HDB building activity in H2
August 14, 2024
The short to medium-term outlook for the company’s building materials segment remains robustHONG Leong Asia saw a decline in revenue from its building materials segment in Singapore for the...
Hong Leong Asia expects to benefit from ramp-up in HDB building activity in H2
Hong Leong Asia H1 profit from continuing operations up 60% to S$49.4 million
August 13, 2024
INDUSTRIAL conglomerate Hong Leong Asia on Tuesday (Aug 13) reported a net profit from continuing operations of S$49.4 million for the six months ended Jun 30, up 60.1 per...
Hong Leong Finance H1 net profit up 12.9% to S.6 million on higher net interest income
Hong Leong Finance H1 net profit up 12.9% to S$52.6 million on higher net interest income
August 8, 2024
HONG Leong Finance posted a 12.9 per cent rise in net profit to S$52.6 million for the half year ended Jun 30, from S$46.6 million in the same period...
Xiaomi-backed AI chipmaker Black Sesame falls in Hong Kong debut as AI frenzy wanes
Xiaomi-backed AI chipmaker Black Sesame falls in Hong Kong debut as AI frenzy wanes
August 8, 2024
Shares of artificial intelligence (AI) chipmaker Black Sesame International tumbled as much as 35 per cent on their debut, dealing a blow to Hong Kong’s efforts to attract more...