
HKUST Launches HK$100 Million Fund to Back Research Startups
Hong Kong University of Science and Technology will invest HK$100 million from returns on earlier spin offs to help research teams commercialise technologies and build startups.

Hong Kong University of Science and Technology will invest HK$100 million from returns on earlier spin offs to help research teams commercialise technologies and build startups.

Jardine Matheson will buy Balfour Beatty’s 50% stake in Gammon Construction for $330 million, expanding its engineering business across Asia.

One Toscana in Discovery Bay has introduced a flexible payment plan allowing eligible buyers to move in early, spread payments over 540 days and qualify for cash rebates.

Germany’s debt ratio is projected to climb from 62.8% in 2025 to 78.25% by 2030 as infrastructure investment and defence spending increase.

US consumer sentiment fell to 46.3 in October as rising prices weakened confidence, while households raised inflation expectations for the year ahead and beyond.

Tesla delivered 486,532 vehicles in the third quarter as stronger European sales helped offset weaker demand in the US and China.

US stocks closed higher after Treasury yields retreated from multi decade highs, easing pressure on equities despite fresh inflation concerns.

Goldman Sachs has shifted its next Fed rate hike forecast to December after cooler inflation reduced expectations for another increase in October.

New World Development will end its 11 SKIES agreement in 2027, with the Airport Authority taking over project assets and future operations.

Shein shares fell more than 11 percent after the online retailer reported weaker earnings, with revenue growth slowing and profit sharply lower.

China and the US will cut tariffs on about $30 billion of goods each, while extending trade talks and opening new channels for agriculture and AI.

Oil prices climbed about 2 percent after US Iran peace efforts stalled, while renewed Middle East tensions and supply risks added pressure.

HSBC will end a club membership subsidy for some Hong Kong bankers as it aligns employee benefits and pushes ahead with wider cost reductions.

HKEX will accept selected Chinese government and policy bank bonds as non cash collateral for derivatives margins from November, pending approval.

HKTDC chairman Frederick Ma led a Shaanxi visit focused on technology, finance and helping mainland companies use Hong Kong to reach global markets.

China’s net gold imports through Hong Kong rose in August as investors continued adding bullion amid weaker yields and uncertainty over other assets.

Hong Kong is preparing a mult currency digital green bond sale of up to HK$20 billion, seeking to expand its role in tokenised finance.

Washington is considering an extension of its China trade truce or a broader agreement as Trump and Xi prepare for talks on trade and AI.

Citi Research expects the upcoming US China summit to produce targeted agreements on tariffs, rare earths, AI and trade rather than a broad deal.

DBS Hong Kong has launched new UnionPay Diamond Debit Card benefits, offering rebates of up to 10 percent and travel perks across Greater China.

Chinese regulators have urged banks to delay Vanke loan repayments and avoid bad debt classifications as Beijing moves to contain property risks.

Hacis has extended its SuperLink China Direct service to Vietnam, creating a new road air route through mainland China and Hong Kong for exporters.

Alibaba has sold US$500 million worth of ZTO Express ADRs in a block trade, sending the delivery company’s shares lower and raising questions about the e commerce giant’s plans for its remaining stake.

Hong Kong stocks opened higher on Tuesday as technology shares led gains ahead of a planned meeting between Donald Trump and Xi Jinping. Tencent jumped 3 percent, while Alibaba, Baidu, Xiaomi and JD.com also advanced.

US stocks surged on Monday as renewed optimism over artificial intelligence lifted technology shares, sending the Nasdaq to a record close while falling Treasury yields and lower oil prices eased pressure on investors.

Oil prices recovered from session lows as traders weighed Saudi supply disruptions, weaker tanker traffic through the Strait of Hormuz and signs of improving regional flows.

The Federal Reserve raised interest rates to 3.75 percent to 4 percent and signalled that another increase could come this year as inflation remains above its 2 percent target. New projections show policymakers expect borrowing costs to stay elevated through 2027.

The Federal Reserve raised interest rates by a quarter percentage point and signalled another possible increase in 2026 as policymakers lifted their inflation forecasts. Officials expect rates to remain elevated through 2027 before gradually declining.

CSOP Asset Management will list its Asia AI Bottleneck Index ETF on the Hong Kong Stock Exchange, giving investors targeted exposure to companies in Taiwan, South Korea and Japan that support the region’s AI hardware and semiconductor supply chains.

Anchorpoint Financial and PwC Hong Kong have launched a new programme focused on education, research and practical applications for tokenised money. The initiative follows the beta launch of Anchorpoint's Hong Kong dollar backed stablecoin HKDAP.

China and Hong Kong stocks fell as weak consumer demand, declining property prices and slowing investment raised fresh concerns about the strength of the economic recovery. Technology and semiconductor shares rebounded, but broader market sentiment remained under pressure.

The benchmark 10 year Treasury yield approached 5 percent as investors prepared for the Federal Reserve’s latest interest rate decision, with inflation, oil prices, employment and government borrowing all putting upward pressure on borrowing costs.

Hong Kong's Exchange Fund saw its foreign assets fall by HK$41.8 billion in August to HK$3.65 trillion, while the monetary base stood at HK$2.08 trillion, according to the Hong Kong Monetary Authority.

US stocks opened lower on Thursday after stronger than expected producer inflation for August added pressure to the outlook for interest rates, while rising tensions in the Middle East pushed oil prices above US$100 a barrel.

US stocks closed lower as Brent crude climbed above US$100 a barrel, while rising Treasury yields and upcoming inflation data increased concerns over the Federal Reserve's next interest rate decision.

New research finds that most of Asia’s richest families are first or second generation wealth holders and continue to control the businesses that created their fortunes, shaping how they give and pursue social impact.

Wall Street opened largely unchanged on Friday after stronger employment data increased expectations that the Federal Reserve could raise interest rates this month.

The US trade deficit widened 24.4 percent to US$88.6 billion in July as imports surged, driven by record purchases of computers, semiconductors and other capital goods linked to AI investment.

Hong Kong stocks opened higher on Thursday as investors responded to lower bond yields and softer oil prices, with major technology companies posting gains while some artificial intelligence firms fell.

US stocks recovered on Wednesday as investors returned to beaten down shares, while renewed pressure in global bond markets and rising Middle East tensions kept traders cautious.

OPEC+ is expected to leave its October oil output policy unchanged as the producer group completes one phase of production cuts and prepares for difficult negotiations over future quotas.

The Hang Seng Index surpassed 25,000 points for the first time in 18 months, leading a broad Asian equity market rally driven by stronger-than-expected Chinese economic data, global rate cut expectations and renewed institutional inflows into Greater China equities.

The Asia-Pacific IPO market has staged a dramatic recovery, with 110 new listings in the first half of 2026 raising a combined 82 billion US dollars, led by Hong Kong and India and driven by technology, new energy and biotechnology sectors.

Cumulative green bond issuance in the Asia-Pacific region has crossed the one-trillion-dollar threshold, driven by China's state-owned enterprises, Hong Kong's regional hub ambitions and a growing pipeline of sovereign and quasi-sovereign issuers across Southeast Asia.

The Hong Kong Monetary Authority has granted the first batch of stablecoin issuer licences under its comprehensive regulatory framework, approving three Hong Kong-dollar and US-dollar-pegged stablecoin operators in a milestone for the city's digital asset ambitions.

The world's largest private equity firms including Blackstone, KKR, Brookfield and Carlyle have collectively committed over 80 billion US dollars to Southeast Asian infrastructure investment, focusing on data centres, renewable energy and transport logistics.

The Hong Kong Monetary Authority has successfully defended the linked exchange rate system against a wave of speculative pressure, with the HKD maintaining its 7.75 to 7.85 dollar band and the HKMA deploying 28 billion US dollars in market operations.

Forms Syntron Information has postponed its planned Hong Kong listing, which was expected to raise up to HK$943.4 million, citing market conditions. The Shenzhen listed financial technology company will refund investors by September 22 while it reviews a new timetable for the proposed share offering.

WellEra is challenging the traditional way residential property is valued, arguing that a home should offer more than location, design and financial returns. Its latest approach places healthspan, or the years people spend living in good health, alongside the conventional measures of long term property value.

New World Development has proposed spinning off Shanghai Hong Kong New World Tower into a commercial REIT for a separate listing on the Shanghai Stock Exchange, with GF Fund Management submitting the required application materials.

K&K Property has sold House 29 at One Stanley for HK$147 million, while the developer says limited supply is supporting demand for Hong Kong’s super luxury homes.

HSBC has kept its Hong Kong prime lending rate at 5 percent despite the US Federal Reserve raising interest rates by 25 basis points. The decision leaves borrowers watching closely for moves by other major local banks and changes in the one month Hibor.

US trading firm Susquehanna International Group has leased nearly 52,000 square feet across three floors at CK Asset’s Cheung Kong Center II, expanding its Hong Kong operations as demand for prime Central offices strengthens.