Midea’s IPO has eclipsed the combined valuation of all of Hong Kong’s new listings so far this year, and is the city’s largest since JD Logistics and Kuaishou Technology in the first half of 2021. The Foshan-based company last week expanded the ...
Midea’s successful Hong Kong listing is a good sign for Chinese companies going global, investment firm says
William Ma, CIO of Grow Investment Group, says "green shoots [are] coming back" in the Chinese market despite struggling macroeconomic data.
China’s IPO and M&A Bankers Start to Regain Their Swagger
Hi it’s Ben Scent in London and Manuel Baigorri in Hong Kong, looking at the signs of deals revival in China. Also today, DSV is finally confirmed as the winner for Deutsche Bahn’s logistics unit and NFL owners court private equity investors.
Mortgage Rates in the US Hold at the Lowest Level Since May 2023
Mortgage rates in the US held steady, giving homebuyers a crack at the lowest loan costs since May 2023. Most Read from BloombergThe Outsized Cost of Expanding US RoadsHow Air Conditioning Took Over ...
HK Govt to Announce Details of New Batch of Silver Bonds at 3 PM
It is expected that the details of the new batch of Silver Bonds will be discussed. HSBC and Bank of China (Hong Kong) are the co-arrangers for this issuance.
Death of mainland cyclist in Hong Kong sparks calls for road safety publicity boost
More mainland tourists have been opting for bike tours in Hong Kong with various routes promoted on popular social media platform Xiaohongshu.
The best Korean restaurants in Hong Kong, when you’re dreaming of banchan, bibimbap, bulgogi, and more
The top spots in Hong Kong for Korean barbecue, fried chicken, and other authentic eats from South Korea, the Land of the Morning Calm.
Singapore Shares May Be Stuck In Neutral On Tuesday
(RTTNews) - The Singapore stock market has finished higher in six straight sessions, advancing almost 120 points or 3.2 percent along the way. The Straits Times Index now sits just above the ...
Overbought Singapore Shares Called Higher Again On Wednesday
Among the actives, CapitaLand Integrated Commercial Trust sank 0.46 percent, while CapitaLand Investment soared 2.41 percent, City Developments accelerated 1.65 percent, Emperador advanced 1.16 ...
Video: LIVE: Hong Kong celebrates mid-autumn festival with the Fire Dragon Dance
Hong Kong celebrates mid-autumn festival with the Fire Dragon Dance Hong Kong celebrates its mid-autumn festival, which follows a successful harvest, with the Tai Hang Fire Dragon Dance. The dance ...
Rooftop of Henderson’s Zaha Hadid-designed building to host Hong Kong galas, mega events
The Henderson, a 36-storey office building in Central, will host some of the biggest events this year at its 6,800-sq ft rooftop ballroom Hong Kong's efforts to attract family offices, fintech ...
Hong Kong love scammers con 99 men of HK$20 million, including doctor, teacher, engineer
Police arrest 11 in crackdown on suspected fraud syndicate, warn that ‘significant number of men’ fell victim to love scams in August.
Hong Kong’s biggest IPO since 2021 sizzles as Midea shares soar in blockbuster offering
The Foshan-based company raised HK$31.01 billon last week, after offering its stock at HK$54.80 a share, at the top end of an expected price range.
Midea’s strong Hong Kong debut after $4 bln listing boosts outlook
Chinese home appliances maker Midea Group rose by up to 9.5% on its trading debut in Hong Kong on Tuesday after raising nearly $4 billion in the city's largest share offering in almost four years, ...