News

Sanergy’s shares plummets 98% following a forced liquidation

The company requested a trading halt on 3 September.

Sanergy’s shares plummets 98% following a forced liquidation

The company requested a trading halt on 3 September.

HKBU plans trial for ulcerative colitis remission drug in 2025

It will be randomised, double-blind, and placebo-controlled.

Hong Kong, Shaanxi ink cooperation agreement

This aims to further strengthen co-operation and capitalise on respective strengths. 

CAD assists in Cathay Pacific’s A350 fleet inspection after engine failure

The department is closely monitoring the inspection’s progress.

HKRITA and H&M opens research facility for sustainable textile and fashion industry

It is located at the Advanced Manufacturing Centre in Tseung Kwan O InnoPark.

Chow Tai Fook Jewellry taps Gabriela Ferreira as international general manager

She will focus on enhancing brand desirability and identify new growth opportunities.

Hong Kong ranks 15th most transparent real estate market globally

On a regional perspective, the country ranks third.

Gen Z consumers, travel spending boost credit market growth in Q2 2024 

GDP and export growth also supported the stable credit market in Q2 2024.

HK-listed Chinese banks deliver 23% higher returns in 8M 2024

Major banks’ plans to distribute interim dividends lifted market sentiment.

Gov't introduces 5% concessionary tax for IP development

The initiative aims to stimulate the commercialisation of IP.

CashOn to explore digital currency lending matching services

It signed a strategic cooperation memorandum with Wuxi Huishan (Shenzhen) Innovation Center.

Hong Kong adopts hybrid legislative for tax regulation revisions

This will take effect for fiscal years beginning on or after 1 January 2025.

IDA bags $46.8m funding to launch first fiat-referenced stablecoin

The firm anticipates mainnet launch before year-end.

Property sales down 10.1% in August

Total consideration for residential units was $28.5b.