Hong Kong stocks opened slightly lower on Tuesday morning on profit-taking following a three-day advance, while inflation and recession concerns ... ( read original story ...)
Mega Genomics raises $20M in Hong Kong IPO, shares jump 16.7%
Mega Genomics Ltd. raised HK$153.4 million (US$20 million) in an initial public offering on the Stock Exchange of Hong Kong. Its shares jumped 16.7% in the middle of the first trading day on June 22 ... ( read original story ...)
Foreign business in Hong Kong looks to the long term
In the late summer and early autumn of 2019, Hong Kong was engulfed in turmoil. In August, the territory’s airport was occupied by protesters, briefly halting its operations, an ... ( read original story ...)
Hong Kong, Singapore investors filling void in London property left by mainland Chinese retreat
Another key trend in Asia reverberating through London's property market is geopolitical instability. Beijing's imposition of a draconian new national security law on Hong Kong, which dealt a ... ( read original story ...)
China is building a yuan currency reserve to compete with the dollar and prop up other economies facing volatility
The People's Bank of China announced it is developing a yuan reserve with five other nations. Five nations including Hong Kong and Singapore will contribute 15 billion yuan, or about $2.2 billion. ( read original story ...)
Snack Maker Weilong to Revive $500 Million Hong Kong IPO
Weilong Delicious Global Holdings Ltd. has decided to revive a Hong Kong initial public offering that could raise about $500 million, people familiar with the matter said. ( read original story ...)
Hong Kong can be a hub, not just for capital going into China, but also funds coming out of mainland for M&A, ex-SFC chairman says
Hong Kong has been the world's largest initial public offering market seven times in the past 13 years. This is thanks mainly to new listings by Chinese companies, which represented 98 per cent of all ... ( read original story ...)
Dutch Treat For JD, Hong Kong Internet Gains
The Hang Seng closed above the 22k level, a big, round, useless number, but Hong Kong’s large warrant market (structured ... My weekend reading included a big global investment bank’s research piece ... ( read original story ...)
Hong Kong’s Hang Seng up 2% as Asia markets gain; logistics firm GoGoX falls below offer price
Logistics company GoGoX fell in afternoon trade to close at 16.72 Hong Kong dollars ($2.13) after reaching 23.15 Hong Kong dollars earlier in its debut session. The stock's offer ... ( read original story ...)
Growatt eyes up to $800m in IPO
The company filed for its IPO last Friday. Credit Suisse and CICC are sponsors. Compared to other companies eyeing a Hong Kong listing, Growatt is aiming at a relatively large deal size. For instance, ... ( read original story ...)
Will he go or not? Hong Kong awaits word on Xi Jinping visit
Will he go or not? Chinese President Xi Jinping kept Hong Kong guessing on Monday about his possible appearance at the 25th anniversary of the former British colony’s return to Chinese rule. ( read original story ...)
Hong Kong’s Last Hand-painted Porcelain Factory
Joseph Tso, the third-generation owner of the factory, and his small team are among the few people in Hong Kong who have mastered the traditional technique of painting “guangcai,” or Canton porcelain. ( read original story ...)
Hong Kong’s top finance executives bank on city to thrive as gateway to China
In 1997, the world watched as Britain returned Hong Kong to Chinese rule, with some pessimistic or wary about the outlook for the city and its role in the global financial system. ( read original story ...)
China, HK stocks surge as Shanghai declares victory over COVID
China stocks rose for a third consecutive session on Monday, with tourism and consumer sectors leading gains, as Shanghai's top party boss declared victory over COVID-19 after the city reported zero ... ( read original story ...)