Curated By Isabella Tang
China and Hong Kong stock markets experienced declines following signals from the Federal Reserve regarding potential future interest rate hikes. Investors are reacting to the implications of tighter monetary policy on global economic conditions.
In a strategic move to enhance its status as a global trading hub, Hong Kong's Exchange Fund is contemplating increasing its gold reserves. This initiative aims to provide greater financial stability and attract international investors amidst ongoing economic challenges.
Akeso has achieved a significant milestone with the NMPA granting Phase I clearance for its bispecific antibody-drug conjugate, AK158D1, targeting advanced solid tumors. This marks the fourth clinical-stage ADC candidate from the company, showcasing its commitment to innovative cancer therapies.
D-Robotics has successfully raised $400 million in its Series C funding round, signaling a significant boost for the robotics industry. This funding is expected to drive innovation and expand product categories, enhancing the company's market position.
Hong Kong's latest five-year plan aims to position the city as a leading financial hub by attracting global capital. This initiative focuses on enhancing market dominance and fostering economic growth amid global uncertainties.
The Hong Kong Trade Development Council (HKTDC) has introduced a comprehensive new blueprint aimed at revitalizing the city's economy and enhancing its global competitiveness. This strategic plan outlines key initiatives to foster innovation, sustainability, and international collaboration.
A British man is facing severe legal consequences after authorities discovered £1.5 million worth of ketamine in his luggage at Hong Kong International Airport. This incident raises concerns about the increasing drug trafficking issues in the region.
The Hong Kong property market shows signs of recovery as interest rates stabilize, but challenges remain. Experts caution that the long-term outlook is still precarious as economic uncertainties loom.
GSM, the taxi firm backed by VinFast, is planning a significant expansion into the US and European markets as it prepares for its upcoming IPO in Hong Kong. This move highlights the company's ambition to broaden its operational footprint and capitalize on emerging opportunities in the global transportation sector.
Hong Kong's stock market experienced a notable decline after the Federal Reserve raised interest rates and indicated further increases may be on the horizon. Investors are reacting cautiously to the Fed's signals, impacting market sentiment in the region.
Hong Kong is set to bolster its position in the space industry by supporting initial public offerings (IPOs) for rocket and satellite companies. This initiative comes as the global space sector, led by companies like SpaceX, experiences rapid growth.
Hong Kong's newly unveiled five-year plan seeks to position the city as a global financial hub by attracting foreign investments. With strategic initiatives and policies, the plan aims to bolster market dominance and economic resilience amidst global uncertainties.
The Hong Kong Trade Development Council (HKTDC) has expressed strong support for a new strategic framework aimed at revitalizing the city's economy. This initiative seeks to enhance Hong Kong's position as a global business hub in the post-pandemic era.
A British man is facing severe legal consequences in Hong Kong after authorities discovered £1.5 million worth of ketamine in his luggage. This case highlights the ongoing battle against drug trafficking in the region.
CICC analysts suggest that the recent US interest rate hike will only have a temporary effect on Hong Kong's stock market. Investors are advised to remain vigilant but not overly reactive to the changes.
The Tokyo Game Show has reported a notable decrease in participation from Chinese exhibitors, reflecting the growing tensions between China and Japan. This trend raises concerns about the future of international collaboration in the gaming industry.
Hong Kong's stock market faced a significant decline after the Federal Reserve raised interest rates, signaling more hikes to come. Investors are reacting to the implications of tighter monetary policy on the local economy and market outlook.
Experts from Hong Kong and the United States are collaborating with Indonesia's Basarnas to recover the sunken Virgo 8 vessel. The operation aims to retrieve vital cargo and ensure the safety of maritime operations in the region.
In a significant move to combat rising inflation, the Federal Reserve has increased interest rates, leading to a surge in stock prices across various markets. Investors are optimistic about the Fed's commitment to maintaining economic stability despite the challenges posed by inflation.
Hong Kong's government has launched its first five-year plan focused on advancing technology and innovation. The initiative aims to position the city as a global hub for tech development and economic growth.
The DP World Tour has announced the return of its events to Hong Kong and Singapore in 2027, marking a significant development for golf in the region. This decision is expected to boost local economies and rekindle interest in professional golf among fans.
The Hong Kong Denim Festival celebrated innovative designs and the burgeoning talent within the denim industry. This year's event highlighted sustainability and creativity, drawing attention from both local and international audiences.
Recent studies suggest that commonly prescribed medications for bone health may have an unexpected benefit: a significantly reduced risk of developing Alzheimer's disease. This finding opens new avenues for preventative strategies in Alzheimer's care and highlights the importance of ongoing research in the field of neurodegenerative diseases.
As Xi Jinping prepares for his visit to the United States, the son of imprisoned media mogul Jimmy Lai has made a heartfelt plea for his father's release. The appeal underscores the ongoing tensions between Hong Kong's pro-democracy advocates and the Chinese government.
