Hong

Baidu shares surge in Hong Kong as robotaxi orders increase
Baidu shares surge in Hong Kong as robotaxi orders increase
BAIDU’S shares jumped by the most in more than a year on signs of growing popularity for its robotaxi Apollo Go in China. The stock rose as much as...
Two Hong Kong IPO debutants sink 15% as mood remains negative
Two Hong Kong IPO debutants sink 15% as mood remains negative
TWO Chinese companies sunk by 15 per cent in their Hong Kong initial public offerings (IPO) debuts on Wednesday, while a small Chinese petroleum refiner soared nearly 30 per...
Hong Kong unveils plan to regulate Uber 10 years after launch
Hong Kong unveils plan to regulate Uber 10 years after launch
HONG Kong outlined long-anticipated plans to regulate ride-hailing services, potentially limiting the scope of Uber Technologies in a city known for its poor taxi services.Authorities intend to license platforms...
Hong Kong unveils plan to regulate Uber 10 years after launch
Hong Kong unveils plan to regulate Uber 10 years after launch
HONG Kong outlined long-anticipated plans to regulate ride-hailing services, potentially limiting the scope of Uber Technologies in a city known for its poor taxi services.Authorities intend to license platforms...
Hong Kong set for busiest IPO week of 2024 with six listings
Hong Kong set for busiest IPO week of 2024 with six listings
Pickup indicates recovery in activity in the third quarter after a slow first half.SIX companies are set to start trading in Hong Kong this week after raising a combined...
Chinese stocks in Hong Kong near correction ahead of plenum
Chinese stocks in Hong Kong near correction ahead of plenum
A GAUGE of Chinese stocks listed in Hong Kong approached a technical correction as investors remain cautious about the economic outlook ahead of a key meeting of the nation’s...
Hong Kong dollar rally seen peaking in July after dividend boost
Hong Kong dollar rally seen peaking in July after dividend boost
THE Hong Kong dollar’s gains against the greenback are expected to peak this month, after getting a boost from hefty dividend payments from firms listed on the city’s stock...
DBS fined by Hong Kong for violating anti-money laundering rules
DBS fined by Hong Kong for violating anti-money laundering rules
DBS Group Holdings was fined HK$10 million (S$1.72 million) by Hong Kong’s regulator for lapses in adhering to anti-money laundering and counter-terrorist financing regulations.The disciplinary action follows an investigation...
DBS unit fined in Hong Kong for anti-money laundering breach
DBS unit fined in Hong Kong for anti-money laundering breach
DBS Group Holdings’ Hong Kong unit was fined HK$10 million (S$1.7 million) by the city’s regulator for lapses in adhering to anti-money laundering and counter-terrorist financing regulations.The disciplinary action...
Saudi’s PIF to invest US0 million in Hong Kong Chaoshang
Saudi’s PIF to invest US$500 million in Hong Kong Chaoshang
SAUDI Arabia’s sovereign wealth fund Public Investment Fund (PIF) intends to invest US$500 million in Hong Kong Chaoshang Group, the investment holding company said on Thursday (Jul 4). The investment...