The company, which is already listed in Shenzhen, had priced shares in the IPO at 63.28 Hong Kong dollars apiece, raising HK$24.27 billion ($3.09 billion).
Hong Kong’s Paul Chan to make second trip to Saudi Arabia to build Mideast ties
Finance chief announces plan to visit kingdom as Hong Kong becomes first city to host LEAP tech conference outside Saudi Arabia Hong Kong's finance chief will lead another business delegation to Saudi ...
GM-backed Momenta’s $9 billion IPO gets a reality check as Chinese self-driving startup’s shares slip in Hong Kong debut
General Motors Co. GM-backed Momenta Global Ltd.’s Hong Kong initial public offering valued the Chinese autonomous driving company at about $9 billion, but its muted trading debut on Wednesday showed ...
Mainland Chinese tech firms find more than just deep capital pools in Hong Kong
Recently listed start-ups in robotics and AI explain what the city gives them besides funding for development and expansion Mainland Chinese technology companies newly listed in Hong Kong are ...
Hong Kong stocks rebound as concerns ease over lock-up expiries
The Hang Seng Index rose by 2.4 per cent as technology stocks lead gains despite renewed tension in the Middle East.
Toyota-backed Chinese self-driving unicorn Momenta hits Hong Kong market
Shares of Chinese self-driving startup Momenta opened up nearly 2% on their debut in Hong Kong on Wednesday, as investors weighed hopes that its technology will define the future of autonomous ...
How Hong Kong is fighting to redefine its future with an institutional moat, wealth surge
Officials deploy multipronged strategy – from tax incentives to new gold clearing system – to recalibrate city’s global standing amid shifting capital flows, regulatory changes.
Hong Kong yuan facility to expand 150% to US$73.6 billion to meet international demand
The city will also vet a license application for a new electronic fixed income and currency trading system Hong Kong will substantially increase its yuan facilities for banks from this Friday, while ...
Hong Kong doubles down on cross-border RMB business, cementing ‘super connector’ status
Hong Kong Exchanges and Clearing Limited (HKEX) has signed a Memorandum of Understanding with the CIPS Co, operator of China's Cross-border Interbank Payment System (CIPS) to explore strategic ...
Karnataka keen on ties with Hong Kong in ESDM, semiconductors, fintech, biotech: Minister Patil
Bengaluru: Karnataka Minister M B Patil on Monday said that the State government is keen on deepening its economic engagement with Hong Kong by building partnerships in Electronics System Design and ...
Karnataka seeks stronger investment ties with Hong Kong in ESDM, startups: MB Patil
Karnataka is actively seeking to boost economic ties with Hong Kong, focusing on key sectors like semiconductors, fintech, and advanced manufacturing. The state plans to highlight its strengths in ...
Karnataka seeks to deepen investment ties with Hong Kong
Karnataka aims to enhance investment ties with Hong Kong, targeting tech and start-up sectors through strategic collaboration.
Hong Kong’s Far East Consortium sells student housing to JD.com for $95.6 million
Hong Kong property developer Far East Consortium (FEC) said in a filing published on Monday that it has agreed to sell a student accommodation project to a unit of JD.com for HK$750 million ($95.63 ...
China’s Momenta IPO oversubscribed 414 times as Hong Kong listings pack calendar
Autonomous-driving firm draws nearly 210,000 orders for a US$751 million offering, making it year's second 'red-chip' firm to get Beijing's permission to list via offshore structure Chinese autonomous ...