Markets & Investing
About 60 partnerships sign for HK-Shenzhen I&T Park
Of the agreements, 24 are new companies that are just setting up or expanding in Hong Kong.
About 60 partnerships sign for HK-Shenzhen I&T Park
Of the agreements, 24 are new companies that are just setting up or expanding in Hong Kong.
Sichuan Baicha Baidao eyes raising $2.46b through largest IPO yet in 2024
Half of the proceeds will be used to fund the improvement of the Chinese tea giant’s operations and supply chain.
Hong Kong’s Hottest Startups of 2024
Fintech and AI startups dominated the list.
Hong Kong bourse freezes Tianyun shares over millions of missing funds
The missing funds cost as much as $620.69m (RMB563.7m).
Transforming Hong Kong into a climate tech powerhouse
Exploring the dynamic growth of Hong Kong's climate tech startup ecosystem
Capital Investment Entrant Scheme draws high interest
InvestHK received over 1,600 inquiries about the scheme.
Share option adoption doubles, share awards quintuple in decade
Healthcare (58.7%) and IT (46.6%) sectors lead in share award adoption.
Hong Kong sets higher investment threshold for residency
Whilst permanent residency in Hong Kong now requires a minimum outlay of $30m (US$3.83m), the range of permissible investments has been expanded.
Days of excess are over, investors warn founders
Deal activity in Asia Pacific fell 26.3% YoY in 2023.
Foodtech, fintech emerge as bright spots in Hong Kong’s startup landscape
The city is home to over 600 fintech startups and more than 100 food tech firms.
Online retail investors shift to defensive assets amidst uncertainty
Active online investors in the retail space have declined to 840,000 from 900,000.
Hang Seng Indexes makes changes to industry classification system
Four new sub sectors have been established, for a total of 105 subsectors.
Hong Kong deal activity falls 28.3% YoY in the first 2 months of 2024
In the whole of APAC, deal volume declined by 19.6% YoY.
More SMEs in Hong Kong expect increased sales in 2024
In 2023, 63% of SMEs saw higher sales.
Gov’t mulls establishment of one-stop trade services window
Hong Kong wants to attract Mainland manufacturing to set up offices in the city.
HTX platform withdraws license application in Hong Kong
It withdrew three days after it lodged its application.
SFC begins legal proceedings vs ex-Ding Yi Feng chair for share manipulation
The share manipulation reportedly occurred between 1 March 2018- 14 September 2018.