After Midea’s US$3.98 billion listing on Tuesday, ‘we’re seeing a lot of very good signs in the IPO market’, says Bonnie Chan.
Midea Group shares rise 9.5% in Hong Kong after $4 bln listing
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, ...
Midea Group shares rise 9.5% in Hong Kong after $4 billion listing
By Scott Murdoch and Donny Kwok SYDNEY (Reuters) -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 ...
Hong Kong issues freshwater fish warning after 40 cases of deadly bacterial infection
Hong Kong health authorities have issued a warning about the potential dangers of raw freshwater fish after 40 people contracted a deadly bacterial infection linked to the food. The Centre for Health ...
Hong Kong Property Stocks Set for Lift on Fed Move, More Renters
Traders are betting on a rebound in Hong Kong developers’ shares, anticipating that a US interest rate cut will boost property purchases.
HSBC HOLDINGS Buys back ~6.28M Shrs for HKD421M in Total Ytd
HSBC HOLDINGS (00005.HK) announced that it had bought back a total of 6.276 million shares of the company in the UK and Hong Kong markets yesterday (16th), involving a total of HKD421 million. Among ...
Hong Kong Considers Rules for AI Use in Finance
The Hong Kong government is preparing to issue its maiden policy statement on the use of artificial intelligence in finance, according to people familiar with the matter, a move that could catalyze ...
Citigroup to hire talent in Hong Kong
Citigroup Inc plans to add talent in Hong Kong as it’s bullish on the city and its links with the surrounding Greater Bay Area in mainland China, according to its wealth chief.
Henderson’s rooftop venue to host Hong Kong gala dinners, mega events in boost to builder
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.
Developing | Midea shares rise in Hong Kong trading debut as city’s largest IPO since 2021 sizzles
Midea Group’s shares rose in their Hong Kong trading debut, as the city’s largest initial public offering (IPO) in more than three years sizzled ahead of a widely expected rate cut from the US Federal ...
Chinese Appliance Giant Midea Set to Trade in Hong Kong After Raising $4 Billion
Chinese appliance giant Midea Group Co. will start trading in Hong Kong after robust demand for the biggest public stock offering in three years revived hopes for the city’s languishing market.
New HSBC chief to shake up the lender
LONDON: With just two weeks under his belt as the new chief executive officer (CEO) of HSBC Holdings Plc, Georges Elhedery has made it clear he’s looking to make his mark on the bank.
Hong Kong Courts Ultra-Rich Middle East Families in Wealth Push
Hong Kong is zeroing in on rich Middle Eastern investors as it looks for new pools of capital to boost its status as a wealth-management hub.
Three arrested after female teacher allegedly punched repeatedly in Hong Kong school
Attack linked to love triangle between victim and one of the suspects, who is the estranged wife of the teacher’s boyfriend, source says.