Mainland Chinese IPOs plummeted in value by 80 per cent in 2024 to just under $9bn, according to Dealogic data. Only 96 companies went public during the year, down 60 per cent from 2023.
Hong Kong lures investment firms Ardian, Arga seeking expansion
HONG KONG] Two investment firms are setting up offices in Hong Kong to attract money from the region, the latest sign of renewed financial activity in the city following government efforts to defend ...
CATL receives approval for Hong Kong listing
Contemporary Amperex Technology (CATL) has secured approval from China's securities regulator, China Securities Regulatory Commission, for a share sale in Hong Kong. The move is expected to generate ...
China tells state firms to halt deals with Hong Kong tycoon Li Ka-shing
CK Hutchison, the telecoms-to-retail conglomerate owned by Li, has been caught in China's crosshairs in the highly politicised deal with the US firm ...
Hong Kong February home prices fall for a third month
Hong Kong's home prices declined for a third month in February to a nearly nine-year low, government figures showed on Thursday, as the ailing property market struggled to find support amid a weak ...
Pet cats and dogs to be allowed on Hong Kong’s light rail trains from May in two-month trial
Owners of pet cats and dogs in Hong Kong will be allowed to bring their furkids on board light rail trains operated by MTR Corporation in a new two-month-long trial starting on May 1.
Hong Kong stocks rise for a second day as they shrug off Trump’s latest tariffs
Hong Kong stocks rose on Thursday, as investors shrugged off tariffs on car imports by US President Donald Trump and heavy overnight losses on Wall Street. The Hang Seng Index was up 0.5 per cent to ...
Investors bank on more AI-driven stock upside in Hong Kong, Singapore, US: HSBC survey
Nearly 40 per cent believed AI was an 'overhyped profit driver', according to HSBC's survey of high-net-worth investors Major stock benchmarks in Hong Kong, Singapore and the US have upside potential ...
Where cars are art: Art Basel bursts into life in Hong Kong
VIP visitors are exploring Hong Kong's latest edition of Art Basel. The event's director says the fair, held at Hong Kong Convention Centre, is an "annual checkpoint" for collectors. (AP Video by Alic ...
Hong Kong companies eye electrical manufacturing opportunities in Cambodia
Hong Kong investors have expressed real interest in investing in the Cambodian electrical equipment manufacturing sector. In 2024, the Kingdom exported nearly $1.9 billion worth of electrical ...
Chinese capital outflows to boost Hong Kong markets, central bank chief says
Hong Kong's central bank head said on Wednesday that he expects Chinese capital inflows to Hong Kong to provide the biggest opportunity for the financial hub's capital markets in the next few years. H ...
CATL gets CSRC nod for US$5 billion listing, in what may be Hong Kong’s biggest IPO in 4 years
Contemporary Amperex Technology Limited (CATL), the dominant global producer of lithium-ion batteries, said it received regulatory approval from mainland China to sell shares in Hong Kong. The China ...
PwC delays payouts for departing partners in Hong Kong and China
Recent retirees left waiting for equity repayment as Big Four firm grapples with audit ban after Evergrande collapse ...
Hong Kong to benefit more from capital flows out of China, central bank chief says
Hong Kong's central bank head said on Wednesday that he expects Chinese capital flows going through Hong Kong to provide the biggest opportunity for the financial hub in the next few years.