Trading in shares of Chinese real estate developer Kaisa was halted Wednesday for the second time in two months. ( read original story ...)
Chinese social media giant Weibo’s shares fall in Hong Kong debut
Social media giant Weibo has made its Hong Kong stock market debut as Chinese technology firms come under intense pressure at home and abroad. Weibo's shares fell by more than 6% in the first few ... ( read original story ...)
How will China’s new data security law affect Hong Kong IPOs?
The regulations have yet to be enacted but have definitely created ambiguities for companies looking to float in Hong Kong. ( read original story ...)
Shares of Chinese social media giant Weibo open 6% lower on the first day of trading in Hong Kong
This is the Chinese social media giant’s secondary listing where it raised approximately $385 million. Hong Kong-listed shares of Weibo opened 6% lower in their trading debut on Wednesday. Shares ... ( read original story ...)
Hong Kong Stock Market Has Solid Lead For Wednesday’s Trade
The Hong Kong stock market on Tuesday halted the two-day slide in which it had tumbled almost 440 points or 1.9 percent. The Hang ... ( read original story ...)
Over 40 Percent of Foreigners in Hong Kong Considering Leaving Amid COVID Restrictions
China's strict COVID-19 regulations and travel restrictions are causing decreasing desire to visit the country as visitors are required to quarantine up to 21 days upon their arrival. China has been ... ( read original story ...)
China’s QingCi Games Seeks $153 Million in Hong Kong IPO
Alibaba and Tencent-backed mobile game developer QingCi Games Inc. is seeking as much as HK$1.19 billion ($153 million) in a Hong Kong initial public offering (IPO). The Xiamen-based company plans to ... ( read original story ...)
Scaled-back $767M SenseTime IPO launches in Hong Kong
SenseTime intends to dedicate the majority of the funds raised to further research and development on its biometrics and other computer vision technologies. ( read original story ...)
SenseTime Group says will make debut in Hong Kong on Dec 17
Chinese artificial intelligence company SenseTime Group said in a filing on Tuesday it will make its debut at the Hong Kong Stock Exchange on December 17. The company aims to raise up to HK$5.985 ... ( read original story ...)
Hong Kong: Strengthening HK as insurance hub
The Government is entirely committed to developing Hong Kong as a green finance hub. Our agenda, and results, bear that out. Just last month, we completed the successful offering of about US$3.75 ... ( read original story ...)
Fintech company in Hong Kong acquires traditional bank in Indonesia after raising $240m
A fintech company in Hong Kong has acquired a traditional bank in Indonesia after raising $240 million to expand its digital banking services ... ( read original story ...)
Hong Kong loses its shine amid tough virus measures
The bustling business hub and cosmopolitan city of Hong Kong could lose its shine among foreign companies and expatriates with its stringent quarantine restrictions. (Dec. 7) ... ( read original story ...)
AI Giant SenseTime’s USD769 Million Hong Kong IPO Gets Underway
SenseTime, China’s biggest artificial intelligence company, has started accepting subscriptions ahead of its HKD6 billion (USD769 million) initial public offering on the Hong Kong stock exchange on ... ( read original story ...)
AI unicorn SenseTime plans to raise $768 million in downsized Hong Kong IPO
China’s top AI firm SenseTime plans to raise HK$5.99 billion ($768 million) in its Hong Kong debut, down about 62% from a reported $2 billion goal. The company is selling 1.5 billion shares between ... ( read original story ...)