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Hong Kong news
Hong Kong’s second-richest billionaire Lee Shau Kee’s 3 daughters live quiet lives in contrast to high-profile sons
The three daughters of Lee Shau Kee, Hong Kong’s second-richest man, keep a low profile and are not as well known as their two brothers, Peter and Martin Lee.
Hong Kong’s second-richest billionaire Lee Shau Kee remembered as the type of boss now ‘extinct’
Tributes pour in for Lee Shau Kee, Hong Kong’s second-richest billionaire and philanthropist
Hong Kong’s second-richest billionaire Lee Shau Kee’s strategy to seamlessly pass $71B family business empire to sons
Lee Shau Kee, Hong Kong’s second richest billionaire, and his family planned decades ahead of his retirement to ensure a smooth succession at their business empire, now valued at HK$551 billion (US$71 billion).
March 19, 2025 | 03:14 am PT
Hong Kong’s second-richest billionaire Lee Shau Kee revealed the burdens of extreme wealth
Lee Shau Kee, Hong Kong’s second richest billionaire, once shared in his biography that extreme wealth had brought him many troubles.
March 18, 2025 | 08:35 pm PT
Hong Kong bids farewell to Lee Shau Kee, Hong Kong’s second-richest billionaire who 'knew how to spend'
Property tycoon Lee Shau Kee, Hong Kong’s second-richest billionaire with a US$30 billion fortune and a legacy of philanthropy, has passed away at age 97, drawing tributes from across the city.
March 18, 2025 | 07:02 pm PT
Shares of world's largest F&B chain Mixue jump nearly 30% in trading debut
Shares of Mixue, world's largest food and beverage chain by store count, rose nearly 30% on their first day of trading on the Hong Kong Stock Exchange on Monday.
March 2, 2025 | 09:28 pm PT
Hong Kong to ban vaping in public by mid-2026
Hong Kong will ban the possession and use of e-cigarette cartridges in public by mid-2026, the city's top health official said on Sunday as the government pushed ahead with its anti-tobacco agenda.
February 9, 2025 | 06:09 pm PT
Good Me bubble tea operator Guming eyes to raise $200M in public offering
China’s bubble tea company Guming Holdings has announced plans to raise up to HK1.58 billion (US$200 million) through an initial public offering in Hong Kong.
February 4, 2025 | 06:16 pm PT
Hong Kong actress Ella Koon’s family loses legal dispute over grandmother’s $4.9M inheritance
The Hong Kong High Court has ruled against actress Ella Koon’s mother in a legal battle over the HK$38 million (US$4.9 million) inheritance of Koon’s late grandmother, Lo Siu-fung.
January 31, 2025 | 04:40 pm PT
Hong Kong relaxes investment policies to attract global millionaires
Hong Kong plans to relax its capital investment entrant regulations to attract family offices of global millionaires and strengthen its image as a global wealth hub.
January 8, 2025 | 01:43 am PT
Hong Kong arrests 2 passengers for theft on flights from Vietnam
Hong Kong police have detained two passengers from mainland China for allegedly stealing cash from other travelers' overhead luggage on two separate flights from Vietnam.
December 15, 2024 | 01:00 am PT
Chinese makeup artist Mao Geping becomes billionaire
Chinese makeup artist Mao Geping has become a billionaire as shares of his cosmetics company nearly doubled in a trading debut in Hong Kong.
December 10, 2024 | 08:10 pm PT
Property developer Agile’s chairman loses $16M over Hong Kong luxury flat fire sales
Chen Zhuolin, chairman of Chinese property developer Agile Group, has sold nine flats in a luxury project in Hong Kong at 53-63% discounts, incurring losses of HK$123 million (US$15.8 million).
November 26, 2024 | 07:28 pm PT
China’s tycoons sell luxury Hong Kong homes at steep discounts
Some wealthy Chinese have been selling their high-end homes in Hong Kong, one of the world’s most expensive luxury property markets, at fire sale prices this year.
November 19, 2024 | 03:32 pm PT
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