Hong Kong

New Business

China’s Hainan hosts duty-free shopping spree under new customs regime

A customs scheme covering the entirety of Hainan, China’s southern island province, appears to have triggered a surge in consumption…

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New Business

China vital to Insilico’s plan to build biotech’s AI ‘Einstein’ for drug discovery

“Biotechnology is a high-risk field like a ‘molecular casino’,” said founder Alex Zhavoronkov. “Even with artificial intelligence, you can lose…

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New Business

Trip.com tests stablecoin payments overseas, offering USDT and USDC for prepaid bookings

Trip.com has started to allow some overseas users to pay for prepaid hotel and flight bookings with the stablecoins USDT…

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New Business

OCBC, Bangkok Bank, First Abu Dhabi join Hong Kong’s US$14 billion offshore yuan scheme

Leading banks from Southeast Asia and the Middle East – including OCBC, Bangkok Bank, First Abu Dhabi Bank and Qatar…

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New Business

Hong Kong home prices rise for sixth consecutive month, setting stage for 2026 rebound

Hong Kong’s lived-in home prices rose for a sixth consecutive month in November, extending a recovery that began in the…

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New Business

China’s FAW buys US$534 million stake in Leapmotor as EV firm sees deliveries jump in 2026

FAW Group, mainland China’s oldest carmaker, has agreed to acquire a 5 per cent stake in the Hong Kong-listed EV…

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New Business

Webull delivers zero fees and full investing power

A business model built on efficiency Webull’s “True Zero Fee” campaign is not merely a pricing tactic, but a product…

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New Business

Xiaomi stock dips on co-founder’s US$2 billion share sale plan

Xiaomi shares came under pressure after the smartphone maker said its co-founder and vice-chairman plans to sell up to US$2…

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New Business

Hong Kong bond markets, yuan issuance to expand in 2026 under HKMA, SFC road map

Hong Kong is expected to see a rise in bond issuance across multiple currencies in 2026, driven by rising demand…

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New Business

Hong Kong primary home sales poised for decade high in 2026 as small flats energise market

Hong Kong’s primary residential home sales in 2026 are forecast to again reach decade-high numbers, as developers continue to clear…

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