Hong Kong

Blockbuster IPOs buoy Hong Kong loans 17.1% in April

The city is hosting the back-to-back flotations of Xiaomi and China Tower.

Blockbuster IPOs buoy Hong Kong loans 17.1% in April

The city is hosting the back-to-back flotations of Xiaomi and China Tower.

Residents embrace shipping container homes amidst public housing holdup

Hong Kong's housing shortage has bred several creative residential solutions.

Hong Kong inks deal with Germany for cross-border securities regulation

It was signed by the Securities and Futures Commission and Bundesanstalt fur Finanzdienstleistungsaufsicht.

SFC slaps wealth management firm Noah Holdings with $5m fine

The company sold unsuitable investment products as a result of defective risk profiling questionnaires.

SFC slaps Hang Seng Bank's investment arm with $3m fine

The firm failed to comply with cash management guidelines involving SFC funds.

Retail sales up 12.3% to $39.5b in April as tourism strengthens

Tourist arrivals posted double digit growth after rising 11% in April.

Approved mortgage loans down 5.6% to $37.3b in April

However, the number of mortgage applications rose to 14,898.

Morris Cookies wins Made in Hong Kong Awards for Food

The company’s low-temperature baking method prevents harmful chemicals like Acrylamide from rising.

Binatone Electronics International Limited bags Designed in Hong Kong Awards for Electronics

The Halo+ baby monitoring system generates sleep insights to better understand babies' sleeping patterns.

MSENVY bags Designed in Hong Kong Awards for Apparel (Women)

The clothing firm's use of silk in its digitally printed collections continues to appeal to various ages.

BNET-Tech Company Limited bags Designed in Hong Kong Awards for Healthcare

The smart walking cane is simplified to overcome elderly people's aversion to electronic gadgets.

YULU International Limited bags Designed in Hong Kong Awards for Toys and Novelties

Operation: Escape delivers the escape room experience right into people’s living rooms.

Home prices up for 25th straight month in April

Secondary market home prices rose 1.84%.

Hong Kong loses to Singapore in open banking readiness

Lack of clear guidelines from the central bank weighed on the city's competitiveness.

Virtual banks are no longer a thing of the future in Hong Kong

The central bank is aiming to award licenses towards the end of the year.

Iceland biotech firm mulls US$350m pre-IPO fundraising

Alvotech’s potential IPO is another win for Hong Kong bourse which recently liberalised its listing regime.

Hong Kong's land shortage is pushing local developers to China

The land shortage exceeded the government estimate of 1,200 hectares.