Finance chief tells forum in US that city is ‘back once again with a stable, welcoming and promising business environment’.
Hong Kong Mansion Sells for $21 Million in Distressed Disposal
A mansion in Hong Kong’s Repulse Bay was sold for HK$160 million ($21 million), adding to a streak of distressed property disposals this year.
On This Day: Hong Kong withdraws proposed extradition bill ending months of protests
On Oct. 23, 2019, the Hong Kong government officially withdrew a proposed extradition bill that led to months of protests, violence and other types of unrest in the Chinese territory.
Hong Kong bars services like WhatsApp and Google Drive from government computers
The Hong Kong government is barring most civil servants from using popular apps like WhatsApp, WeChat and Google Drive on their work computers due to potential security risks ...
China Resources Beverage shares jump almost 15% on Hong Kong IPO debut
Drinks maker China Resources Beverage's shares traded nearly 15% higher in their Hong Kong debut on Wednesday, giving dealmakers hope that more big-ticket initial public offerings could be on the way.
Asian Stocks Struggle Amid U.S. Treasury Yield Surge, Hong Kong Outperforms
Asian Stocks Mixed as U.S. Treasury Yields Rise Asian stocks performed mixed on Wednesday, as rising U.S. Treasury yields and uncertainty around the upcoming U.S. presidential election kept investors cautious.
EY Sees Global IPO Recovery Next Year as Sponsors Plot Exits
Improving market conditions and a backlog of private equity sales are setting the stage for a busy 2025 in equity capital markets, with initial public offerings likely to pick up across regions, according to consultancy Ernst & Young.
Hong Kong bourse’s profit beats estimates on China stimulus, rate cuts
Hong Kong's bourse operator reported a 7% rise in third-quarter profit on Wednesday, ahead of forecasts, as China's stimulus package and interest rate cuts by global central banks fuelled trading and listing activities.
Hong Kong exchange’s third-quarter profit up 7%, beating estimates
HONG Kong’s bourse operator reported a 7 per cent rise in third-quarter profit on Wednesday, ahead of forecasts, as buoyant trading and signs of revived listing activities boosted revenue. Read more at The Business Times.
China Resources Beverage shares jump 13.5% on Hong Kong IPO debut
Shares of drinks maker China Resources Beverage leapt 13.5% on its Hong Kong trading debut on Wednesday after raising $540 million in an initial public offering (IPO).
Rich Hong Kong families sell mansions at a loss to repay debt
Rich families in Hong Kong are selling their villas and mansions at deep discounts so they can pay off debt, exacerbating the city’s prolonged property slump. About 40% of secondary property deals ...
Alt-rock band Wellsaid on new album Regretopia, Hong Kong’s music community, and going viral on TikTok
Released via new local label Un.Tomorrow, the quartet’s album is a meditation on the city’s collective experiences – and regrets.
Horizon Robotics raises $696m in Hong Kong’s IPO
Horizon Robotics, a Chinese autonomous driving company, has raised $696m (5bn yuan) through an initial public offering (IPO) in Hong Kong. This makes it Hong Kong’s largest IPO for the year, according ...
China’s Horizon Robotics set to price shares at top of range to raise $696 million in Hong Kong IPO, sources say
Chinese autonomous driving firm Horizon Robotics has priced its shares at HK$3.99 each, the top of its range, to raise $696 million in an initial public offering in Hong Kong, according to two sources ...