CATL’s 6.7 per cent discount to its Shenzhen-traded shares is much lower than the average 25 per cent discount for dual-listed Chinese firms.
Distressed Hong Kong Builder Parkview Gets Private Loan From PAG
Hong Kong’s Parkview Group has obtained a HK$300 million ($38 million) private credit loan from investment firm PAG, according to a person familiar with the matter, as banks grow reluctant to extend ...
Ex-Goldman banker leads China’s push to revive Hong Kong finance
HONG KONG] The crowd was taken aback as China’s point person for financial matters in Hong Kong laid out plans to re-energise the city’s markets. Read more at The Business Times.
China’s CATL raises $4.6 billion in Hong Kong listing, term sheet shows
Chinese battery giant CATL has raised $4.6 billion in its Hong Kong listing by setting the final price of its shares at HK$263 each, showed a term sheet seen by Reuters.
Meitu founder’s wife buys Hong Kong luxury home for US$60 million
Wang Baoshan paid 22 per cent less than the asking price for the 5,466 sq ft detached house at 8 Perkins Road.
China’s CATL powers up for overseas push with US$4.6 billion Hong Kong IPO
City’s largest share sale in four years shows Beijing’s determination to push China’s EV technologies worldwide, analysts say.
HSBC-backed Hang Seng Bank to cut jobs as part of restructure
By Selena Li HONG KONG (Reuters) -Hong Kong-based lender Hang Seng Bank said on Thursday that it was restructuring its business and streamlining duplicate roles in a move that would lead to job losses ...
Singapore biotech start-up Mirxes launches IPO in Hong Kong to raise $181 million
Trading in the shares is expected to start on May 23. Read more at straitstimes.com. Read more at straitstimes.com.
Hong Kong is solid plan B for robotaxi operator
Hong Kong is calling for robotaxi operator Pony AI . The $6 billion Chinese company is exploring an offering in the city just six months after its New York initial public offering, Bloomberg reported ...
Mega Earthquake Hitting Japan Soon? Rumours Push Hong Kong Tourists To Cancel Travel Plans
Online rumours warning that a huge earthquake will soon strike Japan are taking a toll on travel firms and airlines ...
Hong Kong watchdog issues burn risks after tests on non-stick frying pans
Of 24 models tested, issues included fire safety, overheating, failure to reach standard cooking temperature and blistering.
Hong Kong’s top developer sells out homes in hours as rates fall
A drop in interest rates is helping the city’s residential sales. Read more at straitstimes.com. Read more at straitstimes.com.
China’s Hengrui Pharma Looks to Raise Up to $1.27 Bln in Hong Kong IPO
Jiangsu Hengrui Pharmaceuticals is planning to raise as much as US$1.27 billion via an initial public offering in Hong Kong, joining a wave of Chinese companies seeking to tap the city's market.
Hong Kong’s richest billionaire Li Ka Shing attends concert in rare public appearance
Li Ka-shing, Hong Kong’s richest man, drew attention when he attended a concert by Taiwanese band Mayday last weekend in a rare public appearance.