Hong Kong News

Nintendo Delays Switch 2 Launch in China Amid Regulatory Pressures, Proceeds in Hong Kong

Nintendo delays the Switch 2 launch in mainland China due to regulatory pressures but continues with plans in Hong Kong. The company also faced pre-order delays in the US amid tari...

BYD's Strategic Share Sale Sparks 7% Stock Plunge Amid Overseas Expansion Plans

BYD Auto Co., Ltd. has executed the largest share sale in Hong Kong in four years, raising approximately $5.6 billion. The funds are intended for overseas expansion, as the company...

BYD's Stock Plummets 7% Following Largest Share Sale in Hong Kong in Four Years

BYD Auto Co., Ltd. experienced a 7% stock drop after executing the largest share sale in Hong Kong in four years, selling 129.8 million shares to fund overseas expansion.

UBS CEO Sergio Ermotti: China and Hong Kong Remain Central to Global Growth Strategy

UBS CEO Sergio Ermotti emphasizes the importance of China and Hong Kong as key growth markets for the bank, highlighting Asia's role as a major growth engine. The bank's strong fin...

HSBC Plans Major Retail Banking Shake-Up Outside UK and Hong Kong

HSBC is reportedly reviewing its retail banking operations outside the UK and Hong Kong, aiming to reduce consumer presence and focus on wealthier 'premier' customers. This move co...