Top business and economy news from Hong Kong

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Last update: 10 hours ago

Cathay Leadership Switch: Guy Bradley has taken the helm as Cathay Pacific chairman, with Patrick Healy retiring after more than three decades at Swire. US-China Summit Watch: Trump and Xi meet in Beijing with Iran, Taiwan and trade front and centre, while markets brace for friction and deal-making pressure. Middle East Risk Hits Asia: Asian stocks slipped as US-Iran ceasefire hopes dimmed and oil stayed elevated; the dollar hovered near a one-week high on hotter US inflation. Tencent Deal Cleared: China’s regulator conditionally approved Tencent’s takeover of online audio platform Ximalaya, with competition safeguards attached. Hong Kong Cost Relief: Hong Kong will halve tunnel tolls for commercial vehicles for two months to ease fuel-price strain. Tech & Markets: Xiaomi Korea named Summer Peng as GM; Hong Kong also saw an AI-drug IPO pop—METiS TechBio surged on debut. Cyber Fallout: Canvas reached an agreement with hackers to return compromised data, including affecting Hong Kong users.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Esperanza Partners with One Cool Stage to Open New Financing Frontiers for Hong Kong's Cultural Assets Esperanza

Esperanza Partners with One Cool Stage to Open New Financing Frontiers for Hong Kong's Cultural Assets Esperanza

Heritage confectioner Old Seng Choong makes overseas debut in Hong Kong with hopes of larger expansion

Heritage confectioner Old Seng Choong makes overseas debut in Hong Kong with hopes of larger expansion

Over 90,000 average daily passenger trips recorded on XRL Hong Kong section in first 4 months of 2026

Over 90,000 average daily passenger trips recorded on XRL Hong Kong section in first 4 months of 2026


Sherlocq Launches the First AI-Native Regulatory Intelligence Platform for Global Financial Services
3 hours ago

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US Sanctions Individuals, Firms Over Alleged Iranian Oil Trade Network
May. 12, 2026

US Sanctions Individuals, Firms Over Alleged Iranian Oil Trade Network

MENAFN

Milestone Pharmaceuticals Announces First Quarter 2026 Financial Results and Provides Corporate Update
5 hours ago

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6 hours ago

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Zenas BioPharma Reports First Quarter 2026 Financial Results and Provides Corporate Update
6 hours ago

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GlobeNewswire, Inc.

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