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Hong Kong Tech Press

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Reitar Logtech Teams Up with Xianmu Technology, a Leading Force in China Serving 300,000+ Casual Catering Businesses, to Launch Tokenized Smart Supply Chain Ecosystem and Transform Global Food Supply Chain
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Hong Kong Tech Press

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Hong Kong stocks halt longest losing streak since 2024 on Fed rate cut hopes

Hong Kong stocks halt longest losing streak since 2024 on Fed rate cut hopes

Hong Kong stocks rose on Wednesday, halting their longest stretch of declines since January 2024, as growing expectations of a Federal Reserve interest rate cut this month helped offset concerns over renewed tensions between China and the US. The...

Owner:  Alibaba Group
Xiaomi's Electric Dream in Peril? Fatal EV Crash Puts Tech Giant's Future on the Line After 8% Stock Slide

Xiaomi's Electric Dream in Peril? Fatal EV Crash Puts Tech Giant's Future on the Line After 8% Stock Slide

Xiaomi's future in the electric-vehicle market hangs in the balance after a deadly crash involving its SU7 sedan sparked global safety concerns and wiped nearly 8 per cent off its share price, according to a report from AFP. The company's stock...

Owner:  David Jang
Oriental Harbor Trims $5.4 Million From TQQQ ETF — But Still Keeps Big Tech Bet Intact

Oriental Harbor Trims $5.4 Million From TQQQ ETF — But Still Keeps Big Tech Bet Intact

On Tuesday, Oriental Harbor Investment Master Fund disclosed selling 59,274 shares of ProShares UltraPro QQQ (TQQQ -2.03%) in an estimated $5.4 million trade, according to a recent SEC filing. What Happened According to a filing with the...

Owner:  H. Randolph Holder Jr.
Hong Kong MTR Corp CEO Jacob Kam named as next chairman of rail giant

Hong Kong MTR Corp CEO Jacob Kam named as next chairman of rail giant

The CEO of Hong Kong’s MTR Corporation, Jacob Kam Chak-pui, will take the reins as chairman from January next year, tasked with leading the rail giant with added momentum to boost the city’s development and integration with mainland China. The...

Owner:  Alibaba Group
Hong Kong develops AI-driven landslip warning system with more than 90% accuracy

Hong Kong develops AI-driven landslip warning system with more than 90% accuracy

Hong Kong authorities have developed an AI-based landslip warning system, increasing the accuracy of predicting the number of landslides to more than 90 per cent and improving risk assessment and warning issuance during adverse weather. The...

Owner:  Alibaba Group

Hong Kong leader dodges questions on age limits for ‘patriots-only’ legislative candidates

Hong Kong leader John Lee has dodged questions about an age limit for running in the “patriots-only” legislative elections, after several septuagenarian lawmakers announced they would not seek another term. Chief Executive John Lee at a weekly...

Owner:  Tom Grundy
Cancer drug specialist to set up HK$600 million production line in Hong Kong

Cancer drug specialist to set up HK$600 million production line in Hong Kong

A Hong Kong company specialised in producing drugs for cancer treatment has been granted financial support from the government to set up its production line in the city’s science park under a scheme to accelerate new industrialisation. Advanced...

Owner:  Alibaba Group
Hong Kong Fintech Reap Secures Singapore Payment License, Plans 50% Hiring Increase

Hong Kong Fintech Reap Secures Singapore Payment License, Plans 50% Hiring Increase

Reap Group, a Hong Kong-headquartered fintech providing blockchain-enabled business payment solutions, has secured a Major Payment Institution (MPI) license in Singapore, enabling the company to offer regulated payment services across the...

Owner:  Mark Tan
Chinese autonomous driving firm WeRide taps banks for Hong Kong listing

Chinese autonomous driving firm WeRide taps banks for Hong Kong listing

[SINGAPORE / HONG KONG] Chinese autonomous driving firm WeRide has hired Morgan Stanley and China International Capital Corp (CICC) to work on a secondary listing in Hong Kong, three sources with knowledge of the matter said. The Guangzhou-based...

Owner:  SPH Media Trust
Outdoor Clothing Maker Tanboer Files for Hong Kong Listing Despite Weak Appetite for Non-Tech IPOs — What's The Story?
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