Markets & Investing
HK innovative techs shine globally with HKSTP’s global booster programme
The initiative involves five pioneering tech startups.
HK innovative techs shine globally with HKSTP’s global booster programme
The initiative involves five pioneering tech startups.
Hong Kong ranks 4th top source of cross-border capital
It ranked second amongst Asian countries.
Hang Seng Investment, CMS Asset Management launches first two co-branded ETFs
The ETFs will be listed on HKSE on 16 September with an issue price of $78 per unit.
HKMC issues $3.3b nfrastructure loan-backed securities
It has 28 loans across 26 projects.
HKEX suspends trading due to typhoon
Connect trading is also suspended for the day.
Sanergy’s shares plummets 98% following a forced liquidation
The company requested a trading halt on 3 September.
Alibaba Group upgrades to primary listing on HKEX
The group will become dual primary listed on the HKEX and NYSE.
URA $12b bonds oversubscribed two times
The proceeds will fund its capital on urban renewal projects.
The Hong Kong Urban Renewal Authority’s (URA) $12b issuance of senior bonds was...
ESR Group boosts stake in LOGOS Property
The former head of LOGOS Southeast Asia sold his 1.3% stake to ESR.
InvestHK aids 322 firms in expansion to Hong Kong
This brought $38.3b into Hong Kong’s local economy.
Hong Kong-Armenia tax treaty to ease investor tax assessment
The pact will also expand Hong Kong's tax treaty network.
Valuetronics invests $7.7m in AI JV with SinnetCloud HK
Valuetronics will hold 55% interest in the JV.
Hong Kong ranks second most expensive city for high-net-worth individuals
It ranks behind Singapore.
SetupHK launches $1 Company Setup Programme to attract startups
The programme offers licenses and permits assistance, amongst others.
7 in 10 SMEs foresee growth of 4% or more in next 12 months
Scale expansion and launch of new products and services were seen as the main growth drivers.
6 in 10 businesses expect improved performance in 2024
Optimistic firms want to focus digitalisation efforts this year.