Some shipping companies are discreetly moving operations out of Hong Kong and taking vessels off its flag registry. Others are making contingency plans to do so.

HONG KONG (Reuters) - Hong Kong media tycoon and pro-democracy advocate Jimmy Lai finished testifying in court on Thursday in a landmark national security trial where he stands accused of colluding with foreign forces and sedition.

Sentiment got a fillip after US Commerce Secretary Howard Lutnick said that the country might offer a pathway for tariff relief on some imports from Mexico and Canada. Morgan Stanley and Nomura Holdings also said that China’s retaliatory tariffs on US agricultural products were less severe than expected, leaving the door open for negotiations.

Semiconductor Manufacturing International Corporation (SMIC) is up over 75% for the year so far, making it one of the Hang Seng's best performing stocks.

Mixue raised $444 million in its IPO, a blockbuster listing that helps signal a turnaround in Hong Kong's IPO market.

The government-owned Hong Kong Investment Corporation (HKIC), which manages HK$62 billion (US$8 billion) of funds, plans to debut a conference for young emerging artificial intelligence (AI) scientists,