Chery Automobile’s planned Hong Kong initial public offering (IPO), which people familiar say could raise about US$1.5 billion, is being led by an all-Chinese bank roster after others decided not to ...
Wall Street Banks Said to Steer Clear of Chery’s $1.5 Billion Hong Kong IPO
One of this year’s biggest listings is coming together in Hong Kong without the involvement of Wall Street banks.
Hong Kong’s freight forwarding industry hit by trade war, SCMP reports
Hong Kong's freight forwarding industry is reeling from the U.S.-China trade war with 41% of container capacity from the city to North America's west coast cancelled for the week starting May 12, the ...
CATL starts gauging interest for potential US$5 billion Hong Kong listing
HONG KONG] Contemporary Amperex Technology Co Limited (CATL), the world’s largest maker of batteries for electric vehicles, began gauging investor interest for its Hong Kong listing from Tuesday (May ...
Hong Kong’s freight forwarding industry takes hit from trade war
In week starting Monday, 41 per cent of container capacity scheduled from Hong Kong to North America’s west coast cancelled.
Hong Kong’s central bank intervenes to maintain currency peg
Hong Kong's de-facto central bank bought $7.8 billion (HK$60.5 billion) against the Hong Kong dollar on Tuesday from the market to stop the local currency strengthening and breaking its peg to the U.S ...
Hong Kong DIY Watch Brand Sets Sights on Europe Amid Trump Tariffs
Lai is the founder of DIY Watch Club, which sells do-it-yourself watchmaking kits to the overseas market, with over 80% of his shipments going to the United States. Starting from May 2, low-value ...
CATL Files Initial Prospectus for Hong Kong Listing
Chinese battery giant Contemporary Amperex Technology has filed a preliminary prospectus with the Hong Kong Exchange for a secondary listing, seeking to leverage the rapidly growing electric-vehicle ...
Ahead of Hong Kong IPO, China drug maker Hengrui touts partnership with US giant Merck
Jiangsu Hengrui Pharmaceuticals, a leading Chinese developer of novel drugs that recently received approval to go public in Hong Kong, is likely to see an acceleration in growth as its research and ...
Hong Kong Sells Record Amount of Currency to Defend Exchange Peg
Hong Kong authorities said they continued to purchase US dollars in an attempt to defend the foreign exchange peg.
Hong Kong authorities, consumer watchdog receive over 1,900 complaints about medical group’s sudden closure
Hong Kong authorities have received more than 1,300 complaints about the suspected closure of a medical company specialising in health checks and vaccinations, while another 600 complaints have been ...
Alibaba’s Fintech Arm Ant Group Eyes Hong Kong IPO For Ant International
Alibaba Group Holding (NYSE:BABA) fintech affiliate Ant Group explored listing its overseas arm, Ant International, on the Hong Kong stock exchange. The Jack Ma-founded fintech giant Ant, which ...
Crowds flock to celebrate the century-old Bun Festival in Hong Kong
Crowds flocked to the outlying Cheung Chau Island in Hong Kong to celebrate the Bun Festival, held each year in a century-old tradition to ward off evil and pray for peace and blessings. The ...
Miss Hong Kong Michelle Reis unveils $129M sea-view villa, one of Hong Kong’s most luxurious homes
Michelle Reis, crowned Miss Chinese International and Miss Hong Kong in 1988, has shared a glimpse of her HK$1 billion (US$129 million) villa in Hong Kong’s Shek O Peninsula, featuring a lush lawn and ...