Read the latest news from regional and global sources, presenting different voices and perspectives.
Over 40 Firms Prepping for Hong Kong Stablecoin License Applications: Report
CoinDesk
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Hong Kong’s stablecoin licensing regime, set to begin on August 1, is drawing significant interest from the region’s financial and tech heavyweights, with local media in China reporting that over 40 applications have been received. But...
Wall Street drifts near records Friday as it heads for the finish of a winning week
GMToday - Wisconsin
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NEW YORK (AP) — Wall Street is drifting on Friday toward the finish of its third winning week in the last four, as more big U.S. companies deliver stronger profits for the spring than analysts expected. The S&P 500 slipped 0.1% in afternoon...
WeLab Bank: taking digital banking to the next level in Hong Kong
FinanceAsia
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July 8, 2025
It didn’t take long for WeLab Bank to make its mark on Hong Kong’s digital banking landscape. Already by early 2025, within five years of its launch, it managed to outshine its peers by achieving its first breakeven – something that typically...
Cristiano Ronaldo museum opens in Hong Kong
Australian Leisure
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A museum marking the footballing achievements of Cristiano Ronaldo, along with a collection of his trophies and jerseys, has opened on the seventh floor of Times Square mall in Hong Kong's Causeway Bay. The first exhibition of its kind outside the...
More than 40 companies are in fierce competition to issue stablecoins in Hong Kong: report
crypto.news
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July 8, 2025
The race for stablecoin licenses in Hong Kong is heating up, with dozens of firms preparing to apply ahead of the new regulatory framework set to go live. According to a recent report by local media outlet First Financial, more than 40 companies...
How Hong Kong’s ageing population is reshaping society and its economy
Channel News Asia
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July 9, 2025
To unlock the full potential of the elderly market, boosting their employment rate is essential, said observers. “Most of them demand for a more flexible contract, more flexible work arrangement, like working part time, working just a few hours...
Major rail links in Hong Kong’s Northern Metropolis to be completed 2 years early
South China Morning Post
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July 8, 2025
Hong Kong’s railway operator and the government signed an agreement on the design and construction of the major rail link in the Northern Metropolis on Tuesday, fast-tracking its completion by at least two years to 2034. The agreement, which gives...
Hong Kong IPO frenzy sets sights on record HK$250 billion fundraising for 2025
The Business Times Singapore
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July 6, 2025
HONG Kong’s sizzling initial public offering (IPO) market is prompting the Big Four accounting firms to sharply raise their fundraising forecasts for 2025. KPMG now predicts total proceeds could soar to HK$250 billion (S$40.6 billion) if current...
With London IPO stalled, SHEIN plays Hong Kong card
Apparel Resources
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July 8, 2025
Image Courtesy: https://www.nbclosangeles.com/ Online fast fashion behemoth SHEIN has confidentially filed for an IPO in Hong Kong in an effort to put pressure on British regulators and hasten its long-delayed listing aspirations, according to a...
Hong Kong government accelerates plan for ride-hailing legislation
South China Morning Post
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July 6, 2025
A regulatory proposal on ride-hailing services in Hong Kong will be submitted to the legislature before the end of the month, the transport minister has said, months earlier than the original plan amid calls to accelerate the process. Secretary...
Shein files Hong Kong listing to revive stalled London float
Retail Gazette
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July 8, 2025
Shein has officially filed for an initial public offering (IPO) in Hong Kong in a strategic bid to salvage its long-delayed London listing — potentially the largest IPO in the UK in years. The fast-fashion giant, which was founded in China but is...
Eric Trump To Headline Bitcoin Asia 2025 In Hong Kong
MENAFN
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July 8, 2025
(MENAFN- Crypto Breaking) Hong Kong - July 8, 2025 - Bitcoin Asia, the region's premier gathering for Bitcoin advocates, investors, and innovators, is proud to announce that Eric Trump will be a headlining speaker at its 2025 conference in Hong...
Robotics Frenzy Grips Hong Kong Market And Stocks Ride The Hype; Is The Rally Sustainable?
Benzinga
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The unknown Hong Kong-listed company's stock has jumped to new highs since repositioning itself earlier this year as a robotics firm Key Takeaways: Hong Kong Robotics' shares have soared on its pivot to robotics, even as it lost HK$140 million...
China, Hong Kong stocks rise on policy steps to ease price wars
The Express Tribune
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July 8, 2025
China and Hong Kong stocks rose on Tuesday, tracking broader gains in Asia, as investors looked past the latest shift in US President Donald Trump's tariff plans and welcomed Beijing's new measures to curb price wars. China's blue-chip CSI300...
Higher Prices Lead to Rise in Japan’s Fisheries Production Value While Volume Drops
Nippon
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July 13, 2025
Japan’s fisheries production value rose 5% in yen terms in 2023, while the volume fell by 2%. Catches of Pacific saury, Japanese common squid, and salmon have plunged over the past decade. According to Japan’s fiscal 2024 White Paper on Fisheries,...
Hong Kong's AI supercomputing infrastructure reaches 90% usage rate, local reports
Cryptopolitan
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July 5, 2025
Hong Kong has used 90% of its artificial intelligence (AI) supercomputing center at Cyberport since it opened in December, according to a report. The center is supported by a HK$3 billion (~$380 million) subsidy program to boost AI development in...
Balfour Beatty JV lands US $192mn residential contract in Hong Kong
ME Construction News
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July 8, 2025
Construction Posted on July 8, 2025 Share Tweet Share Share Email To reduce waste, Gammon will recycle demolition waste on-site and utilise an electric-powered battery storage system called Enertainer as its primary power source for construction...
Shein files to float in Hong Kong but hopes to keep London IPO alive – reports
LBC
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8 July 2025, 09:34 Shein stock market float. Picture: PA The fast fashion retailer confidentially filed a draft prospectus last week with the Hong Kong exchange, the Financial Times reported on Tuesday. Shein has privately filed to list its shares...
80% of Hong Kong Uber drivers worried about quota and fees under new rules
South China Morning Post
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July 8, 2025
Nearly 80 per cent of 4,800 Uber drivers polled in Hong Kong are worried that a strict quota or high licensing fees under coming new regulations for ride-hailing platforms will threaten their livelihoods. The results of the poll conducted by...
China, Hong Kong shares rise as Beijing’s efforts to curb price wars lift sentiment
Business Recorder
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July 8, 2025
SHANGHAI: China and Hong Kong stocks rose on Tuesday, tracking broader gains in Asia, as investors looked past the latest shift in US President Donald Trump’s tariff plans and welcomed Beijing’s new measures to curb price wars. China’s blue-chip...