News

The world’s largest initial public offering (IPO) this year got off to a sizzling start as Contemporary Amperex Technology (CATL) began trading in Hong Kong with a premium to its offer price ...
(Bloomberg) -- Contemporary Amperex Technology Co. Ltd. jumped in its Hong Kong trading debut after the Chinese battery giant wrapped up the world’s biggest listing this year by raising HK$35.7 ...
of about HK$2.3 billion ($294 million) to back the ongoing construction of a golf course in the city, according to people familiar with the matter. Proceeds of the five-year loan will be used to ...
(Bloomberg) -- Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority sold a record HK$60.5 ...
The Hong Kong Monetary Authority (HKMA) has stepped into the financial market again to rein back the local currency, which had been pushed above its trading band against the US dollar amid the ...
HONG KONG, May 3 (Reuters) - Hong Kong's de-facto central bank said it sold HK$46.54 billion ($6 billion) into the market on Saturday to prevent the local currency from strengthening beyond its ...
Hong Kong intervened to defend its peg, buying a record amount of US dollars after the city’s currency rose to the upper end of its trading band. The Hong Kong Monetary Authority spent HK$46,539 ...
Hong Kong’s postal service will stop handling packages coming from or going to the United States, in the latest retaliatory move amid an escalating trade war between Washington and Beijing.
The move comes before President Trump’s planned imposition of new tariffs on small packages sent to the United States from Hong Kong and China. By Alexandra Stevenson Reporting from Hong Kong ...
Hong Kong’s postal service announced it had halted item mail services by sea and will pause the acceptance of air postal items containing goods bound for the United States starting April 27.
From May 1, 2025, Hong Kong employers will no longer be able to offset severance payments (SP) and long service payments (LSP) using Mandatory Provident Fund (MPF) contributions, following the ...
At the heart of the showdown is the Hong Kong-based CK Hutchison Holdings and its subsidiary, Hutchison Ports. Controlled by Hong Kong tycoon Li Ka-shing, CK Hutchison owns two ports at either end ...