Pop Mart said it would be able to easily double this year’s revenue from its 2024 record sales, as it prepares to launch a mini version of the Labubu plush toy to extend its phenomenal success and conquer more hearts beyond mainland China. The company, founded in 2010 in Beijing, could double its 2025 revenue
In the first half of 2025, Hong Kong Exchanges and Clearing Limited (HKEX) has emerged as a standout performer in the global equity capital markets (ECM), driven by a confluence of strategic innovation, regulatory agility, and a surge in cross-border capital flows. With attributable profits rising 39% year-on-year and revenue hitting HK$6.9 billion in Q2
Hong Kong Exchanges and Clearing (HKEX) set new records for second-quarter and first-half earnings amid a boom in initial public offerings (IPOs) and sizzling stock market turnover, according to a stock exchange filing on Wednesday. Second-quarter net profit for the operator of Asia’s third-largest stock market rose 41 per cent to HK$4.44 billion (US$569 million),
(Bloomberg) — Hong Kong Exchanges and Clearing Ltd. delivered record profit in the second quarter as initial public offerings and trading boomed. The bourse’s second-quarter profit rose 41% to HK$4.44 billion ($570 million), according to a statement Wednesday. Core revenue rose to HK$6.64 billion. Most Read from Bloomberg Hong Kong’s stock market has boomed this
A mother diagnosed with schizophrenia has been sentenced to an indefinite term of custody at a psychiatric centre in Hong Kong, after stabbing her daughter to death while in a deluded state at a public rental flat four years ago. Part-time security guard Yang Leying broke down in tears as High Court judge Anthony Kwok
Hong Kong stocks fell for a fifth straight session on Wednesday, tracking an overnight sell-off on Wall Street and lingering concerns that tariffs on China will stay in place after US Treasury Secretary Scott Bessent suggested no imminent change. The Hang Seng Index declined 0.6 per cent to 24,980.20 at the noon trading break, adding
Hong Kong’s unemployment rate has risen to 3.7 per cent, the highest level since late 2022, with sectors like construction and food and beverage among those logging the steepest increases. A construction worker in Hong Kong. Photo: Kyle Lam/HKFP. The latest jobless rate in the May to July period saw a 0.2 per cent increase,
Hong Kong Exchanges and Clearing (HKEX) set new records for second-quarter and first-half earnings amid a boom in initial public offerings (IPOs) and sizzling stock market turnover, according to a stock exchange filing on Wednesday. Second-quarter net profit for the operator of Asia’s third-largest stock market rose 41 per cent to HK$4.44 billion (US$569 million),
