Two Saudi Arabian investment firms are set to launch exchange traded funds that will be the country’s first to track Hong Kong shares and are expected to raise close to $1 billion, offering the latest ...
Hong Kong to launch AI regulations for financial markets in push for web3 leadership
Hong Kong is set to unveil new AI guidelines for the finance sector as part of its strategy to establish itself as a global leader in the Web3 and cryptocurrency space.
Chinese appliance maker Midea debuts in Hong Kong with shares jumping 9pc after US$4b IPO
Shares in Chinese electronic appliance maker Midea surged more than nine per cent at the start of its Hong Kong debut today, having raised around ...
Harris to Expand Small Business Tax Relief to Boost Startups
Kamala Harris is proposing a ten-fold increase in the small business tax deduction for startup costs, a new weapon in her arsenal as she vies with Donald Trump to show voters who can best assuage ...
Midea’s strong Hong Kong debut after $4 billion listing boosts outlook
Midea Group rose as much as 9.5% on its Hong Kong trading debut after the Chinese home appliances maker raised nearly $4 billion in the city's largest share offering in almost four years, boosting ...
UK Peer Slams Tory Boycott of Hong Kong, Urges Thaw With China
UK Labour party veteran Peter Mandelson faulted the former Conservative government for failing to sustain “proper channels of communication” with China and not living up to Britain’s responsibilities ...
Hong Kong Set to Release AI Policies for Finance Sector in October
Hong Kong to release AI finance policies in October, aiming to regulate AI in finance while maintaining its financial hub status.
Hong Kong Mulls Rules on AI Use in Finance as Tech Firms Retreat
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 ...
Saudi Arabia approves first exchange-traded funds tracking Hong Kong-listed equities
Saudi Arabia’s CMA said it approved AlBilad Investment Company’s request to offer “Albilad CSOP MSCI Hong Kong China Equity ETF” units on the Saudi Stock Exchange.
The great aircon paradox will keep this Hong Kong IPO simmering
The air conditioning paradox is that the same technology that cools air may cause hotter temperatures longer term. Air conditioning accounts for 4 per cent of greenhouse gas emissions. But higher temperatures and increasingly frequent heatwaves around the world mean ever more people are resorting to the systems to keep them cool.
Chinese Stocks Fall in Hong Kong After Economic Data Disappoint
A gauge of Chinese stocks listed in Hong Kong fell after broadly weaker macro data dashed optimism of a meaningful rebound in the economy in the absence of comprehensive stimulus.
Beijing’s top diplomat in Hong Kong to address British Chamber of Commerce in first keynote speech
Cui Jianchun will ‘share the spirit’ of the Communist Party’s third plenary session of the 20th Central Committee and its ‘implications for international business in Hong Kong’.
The demand for Midea’s Hong Kong listing is driven by the discount compared to its A-share listing: Analyst
Dickie Wong from Kingston Securities talked about Midea's performance, particularly in the context of weak economic data in China and potential tariffs.
Hong Kong’s Biggest Listing in Years Lures Back Global Investors
Chinese appliance maker Midea Group Co.’s $4 billion listing in Hong Kong is fueling cautious optimism that the worst of the city’s capital markets drought may be coming to an end.