Kongs
Hong Kong’s Exchange Fund posts record gain of HK$331 billion
Published Wed, Jan 28, 2026 · 05:36 PM[HONG KONG] Hong Kong’s Exchange Fund reported a record investment gain of HK$331 billion (S$53.5 billion) in 2025, helped by rising global...
Hong Kong’s US$25 billion pile of soured debt spurs talks to form ‘bad bank’
[HONG KONG] The pile of non-performing loans (NPLs) at Hong Kong lenders has grown so large that some in the industry have discussed the creation of a “bad bank”...
US-based I Squared Capital dumps plans to make separate offer for Hong Kong’s HKBN
Published Mon, Jun 30, 2025 · 08:21 PM[HONG KONG] US-based infrastructure investment firm I Squared Capital has withdrawn plans to make a takeover offer for Hong Kong’s HKBN, the...
Hong Kong’s sixfold jump in share sales drives boom year in Asia
[HONG KONG] Hong Kong’s having a banner year as it marches towards becoming the second-largest market globally for share sales for the first time since 2012.Proceeds from listings and...
Hong Kong’s equity capital markets bounce back in first half, as Shein IPO looms
HONG Kong’s equity capital markets activity roared back to life in the first half of 2025, driven by global investors sharpening focus on China as the city awaits the...
Hong Kong’s freight forwarding industry hit by trade war, SCMP reports
Published Tue, May 6, 2025 · 12:04 PM[HONG KONG] Hong Kong’s freight forwarding industry is reeling from the US-China trade war with 41 per cent of container capacity from...
Evergrande, HNA units ordered to liquidate by Hong Kong’s judge
UNITS of two high-profile Chinese companies received Hong Kong court orders to liquidate, the latest in a string of wind-up decisions in the city as creditors ramp up their...
Hong Kong’s latest bubble tea IPO mints another billionaire
CHINA’S insatiable appetite for bubble tea has spawned another billionaire.Guming Holdings’ US$233 million Hong Kong initial public offering (IPO) bolstered the value of the stake owned by its millennial...