including Xiaomi, rallied last week on anticipated monetary easing from Beijing. However, Xiaomi shares tanked on Friday by 2.73% to 51.65 HKD ($6.64) in recent Hong Kong trading.

Hong Kong has a free market economy, highly dependent on international trade and finance - the value of goods and services trade, including the sizable share of reexports, is about four times GDP.

Hong Kong’s latest budget includes a range of measures to promote wealth management, family offices, new share listings and yuan-denominated business, which would strengthen the city’s role as ...

More than 70 Hong Kong government departments will use a locally developed ChatGPT-style artificial intelligence (AI) tool powered by DeepSeek’s data learning model, the city’s innovation ...

HONG KONG: Hong Kong aims to cut spending by slashing 10,000 civil service jobs in an effort to rein in a rising deficit, and plans a big AI push as it navigates headwinds from global economic ...

Party chairman Lo Kin-hei addressed reporters at a late night press conference on Tuesday The leaders of Hong Kong's Democratic Party have announced plans to dissolve what was once the city's ...

HONG KONG, Feb 19 (Reuters) - Hong Kong is expanding the ways investors can trade virtual assets, its financial regulator said on Wednesday, as the city races to become Asia's digital assets hub ...

Chinese mainland investors bought HK$22.4 billion ($2.88 billion) worth of Hong Kong stocks on Tuesday, as they continued to drive a DeepSeek-spurred tech rally in the city. The inflow was the ...

China is increasing scrutiny of outbound investments by domestic companies as well as their use of proceeds from Hong Kong share sales, people familiar with the matter said, after record capital ...

The leaders of Hong Kong's Democratic Party have announced plans to dissolve what was once the city's largest opposition group. Members will soon vote on the final decision on whether to shut down ...

SINGAPORE – Local actress Hong Ling’s Thai mother Kaewsoda Kesorn died on Feb 23 at the age of 52. It was first disclosed by Hong’s husband, local actor Nick Teo, who posted an obituary on ...