Research facility at the Hong Kong Science and Technology Park will conduct drug discovery in collaboration with university medical schools.
Futu Securities is the largest online brokerage to directly sell crypto to retail investors, and it is rewarding early users with tech stocks or bitcoin.
The Macau casino concessionaire partly owned by billionaire Pansy Ho reported its best-ever June quarter amid a recovery in tourism and higher winning odds.
This is the Shenzhen-based carmaker’s largest supply deal since 2022 and comes in the wake of punitive tariffs imposed by the US and EU to deter Chinese EV exports.
A private report showed China’s manufacturing activity unexpectedly contracted in July for the first time in nine months, while home sales remained depressed.
The top bureaucrat has been replaced by Li Ming, 56, who sources believe has the leadership’s backing to weed out irregularities and shore up investor confidence.
Hong Kong’s biggest currency-issuing bank announced a new round of share buy-back after reporting profits that were better than market expectation.
Distressed Chinese developer Shimao Group was awarded a two-week reprieve after a Hong Kong court adjourned a winding-up hearing to August 12.
Soft PMI readings point to risks of a further economic slowdown, giving Beijing more reasons to strengthen countercyclical measures, Nomura said.
Xpeng’s X NGP software roll-out makes the company the first mainland carmaker to make a semi-autonomous driving system operational nationwide.
Over 40 per cent of workers from these two generations often think about leaving their job, but 80 per cent believe financial preparedness would help them cope better, survey shows.
MassPhoton is setting up Hong Kong’s first gallium nitride wafer line in a tie-up with Science Park, with plans to turn out 10,000 units annually by 2027.
BYD reignites China’s EV price war with 50,000 yuan discounts on its premium Fang Cheng Bao SUVs.
First-half net profit fell to HK$1.06 billion (US$135.7 million), from HK$2.39 billion a year earlier on lower rental revenues, higher costs.
The Hong Kong-listed bank, which reported a 15 per cent increase in second-quarter pre-tax profit to US$1.8 billion, said it would buy-back US$1.5 billion of shares.
Temasek to avoid investing in businesses that are in the cross hairs of geopolitical tensions and seeks to structure investments around certain constraints, such as taking passive public equity stakes in listed semiconductor companies.
The city’s benchmark index is now set to register a second monthly loss, erasing year-to-date gains, as China’s weak policy response to poor economic data pushed Hong Kong’s market to the ranks of the world’s worst performers.
The move by Hong Kong’s most valuable developer could herald more delays, as the discount war among competing builders gathers momentum amid deteriorating sales.
The two-storey outlet in New World’s harbourfront luxury mall will be the Italian brand’s first in Hong Kong since it closed its flagship store in Causeway Bay in 2020.
The rare warnings show how Hong Kong’s consumption slump is trickling down to the bottom lines of the city’s shopping centre operators and landlords.
The bankruptcy petition filed in the local provincial courts on Friday could have a material impact on production and operations, according to an exchange filing.