Hong Kong to regain IPO crown this year, say PwC and Deloitte

Hong Kong is expected to lead the world in IPO financing this year despite uncertainty from geopolitical tensions and trade tariffs, accountancy giant PwC said on Wednesday. The Chinese financial hub's capital market has rebounded strongly this...

Hong Kong steps up defence of currency’s US dollar peg as fixed range tested again

HONG KONG - Hong Kong’s de facto central bank ramped up purchases of the city’s currency as it sought to defend a peg that has been strained by volatility in the US dollar. The Hong Kong Monetary Authority (HKMA) said on July 2 that it bought...

Hong Kong May retail sales up 2.4% year-on-year

HONG KONG :Hong Kong's retail sales by value rose by 2.4 per cent in May from a year earlier, the first such increase in more than a year, government data showed on Wednesday. Sales increased to HK$31.3 billion ($3.99 billion) in May, compared...

Hong Kong Disneyland kicks off 20th year celebration

Hong Kong Disneyland Resort has launched its year-long 20th anniversary celebration, The Most Magical Party of All. More than 1,000 guests, including celebrities, content creators, media, and partners from Asia and the US, gathered on Main Street,...

Hong Kong’s May retail sales up 2.4%, ending 14-month contraction

Hong Kong’s retail sales in May jumped by 2.4 per cent year on year, marking a reverse in fortunes after the city contended with a 14-month contraction, with the uptick boosted by a surge in visitors during several “golden week” holidays....

Hong Kong – Hong Kong Customs seizes suspected cannabis buds worth about $1.5 million at airport (with photo)

Hong Kong Customs seizes suspected cannabis buds worth about $1.5 million at airport (with photo) ****************************************************************************************** ​Hong Kong Customs yesterday (June 30) detected a drug...

Hong Kong banks showed moderate balance sheet growth amid global uncertainty in 2024, KPMG report finds

Disciplined cost management, risk vigilance, and digital innovation underpin sector resilience HONG KONG SAR - Media OutReach Newswire - 2 July 2025 – Hong Kong's banking sector demonstrated steady growth and operational resilience in 2024,...

Hong Kong ups competitiveness with new stablecoin laws

Homepage > News > Finance > Hong Kong ups competitiveness with new stablecoin laws Hong Kong’s stablecoin bill and its continued issuance of digital asset policies give it a competitive edge in the race to become the global digital assets hub,...

Hong Kong intervenes to defend the local currency’s parity against the dollar

The Hong Kong Monetary Authority (HKMA), the territory’s de facto central bank, has stepped up market interventions to defend the Hong Kong dollar’s peg to the US dollar amid heightened volatility. The HKMA purchased HK$20.02 billion...

Hong Kong to launch “Southbound Travel for Guangdong Vehicles” scheme, no immediate plans for Macau

The Hong Kong government has unveiled plans to launch “Southbound Travel for Guangdong Vehicles” in November, allowing vehicles from Guangdong Province to enter Hong Kong. However, there are currently no definitive plans to implement a similar...

Hong Kong Sees 42% Dip in Q1 Commercial Property Investment: What’s Driving the Shift?

Transaction values in Hong Kong’s commercial property market plummeted to HK$4 billion during the first quarter of 2025, according to the latest report by Savills. This reflects a staggering 42% decline compared to the previous year and amounts to...

Hong Kong – SHETO celebrates 28th anniversary of establishment of HKSAR in Shanghai (with photos)

SHETO celebrates 28th anniversary of establishment of HKSAR in Shanghai (with photos) ************************************************************************************* To celebrate the 28th anniversary of the establishment of the Hong Kong...

Hong Kong – Secretaries of Departments and Director of Bureau celebrate July 1 by supporting catering sector special offers (with photos/video)

Secretaries of Departments and Director of Bureau celebrate July 1 by supporting catering sector special offers (with photos/video) ****************************************************************************************** The Deputy Chief...

Hong Kong to reclaim top spot in global IPOs: PwC

(Bloomberg) — Hong Kong is on track to regain its position as the world’s top fundraising venue for initial public offerings in 2025, according to consulting and accounting firm PwC. Most Read from Bloomberg An estimated 90 to 100 companies are...

Hong Kong property group’s shares jump after $11bn debt deal

Hong Kong coach eyes complete performance ahead of World Cup decider

It is hard to ignore the prize that awaits the winner of Saturday’s final game of this year’s Asia Rugby Emirates Men’s Championship, but that is just what Hong Kong head coach Andrew Douglas would like his team to do. Victory for either Hong Kong...

Potential cyclone to set temperatures soaring in Hong Kong in coming days

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. Hong Kong is set to be hit by inclement...

Everything New at Hong Kong Disneyland’s 20th Anniversary in 2025

2025 marks 20 years of magic at Hong Kong Disneyland, and the park is throwing a year-long party to celebrate. From dazzling new shows and larger-than-life parades to glowing drone displays in the night sky, the entire resort has been refreshed...

Moments of PLA Navy vessels' visits to Hong Kong

A naval fleet led by the aircraft carrier Shandong will visit Hong Kong from July 3 to 7, according to an official statement released by China's Ministry of National Defense on Saturday. Approved by the Central Military Commission, the fleet,...

Beijing tightens noose on Hong Kong: National Security mandates now extend to business, education

Beijing [China], July 2 (ANI): Beijing has intensified its national security measures in Hong Kong, moving from the idea of 'patriots administering' the region to demanding that business individuals be 'patriotic,' according to a report by the...