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Category: FINANCE

Posted on 24/06/2025

Clifford Chance, T&C Act on $1.2B Zhejiang Sanhua Intelligent Controls ‘A to H’ IPO in Hong Kong

The Sanhua IPO reflects the trend toward A-to-H share listings involving Chinese companies that dually listed on mainland China’s stock exchanges (A-shares) and the Hong Kong exchange (H-shares).

Posted on 24/06/2025

Happy City Holdings Limited Announces Pricing of $5.5 million Initial Public Offering and Listing on Nasdaq

Happy City Holdings Limited (Nasdaq: HCHL) (the “Company”), an established all-you-can-eat hotpot restaurant operator in Hong Kong , today announced the pricing of its initial public offering (the ...

Posted on 23/06/2025

Chinese chip designer Montage Technology reportedly hires banks for $1 billion Hong Kong IPO

Chinese mainland's chip designer Montage Technology Co has reportedly hired banks for its planned listing in the Hong Kong Special Administrative Region that could raise about $1 billion. The Shanghai ...

Posted on 23/06/2025

China’s Mainland-Hong Kong Payment System Launch Sparks Fintech Stock Rally

The People's Bank of China and the HKMA launched the Payment Connect yesterday, according to the HKMA's recent press release. The system links the mainland’s Internet Banking Payment System (IBPS) ...

Posted on 23/06/2025

Hong Kong, China launch Payment Connect for faster cross-border payments

Supported services include instant remittance services, amongst others. The central banks of Hong Kong and China have pushed forward Payment Connect, which sees in their clearing centres cooperate to ...

Posted on 23/06/2025

Sanhua shares fall in Hong Kong debut, first drop in 2025’s club of billion-dollar IPOs

Trading under the code 2050, the stock began trading at HK$20.95, 7.2 per cent lower than its offer price of HK$22.53.

Posted on 23/06/2025

Hong Kong must grow despite persistent US-China trade tensions: Paul Chan

City's finance chief outlines efforts to diversify economy and wants Hong Kong to overtake Switzerland as world's biggest wealth management centre Challenges and volatility will persist despite a ...

Posted on 23/06/2025

Hong Kong to keep expanding land bank, but not to offset deficit: Paul Chan

Finance chief also says government will address plans to build artificial islands off Lantau waters at later stage, despite calls to halt project Hong Kong will press on with building up its land bank ...

Posted on 23/06/2025

HK takes lead in stablecoin regulation as China explores a digital future

While issuing a renminbi-backed stablecoin is not yet feasible given the current legal framework, Hong Kong's ordinance can serve as a regulatory pilot, offering insights for the central government in ...

Posted on 23/06/2025

HK strengthening as a financial centre: FS

Financial Secretary Paul Chan says Hong Kong's position as an international financial centre is strengthening, citing increased trading volumes and ...

Posted on 22/06/2025

Global investors eye Hong Kong as robust, reliable safe haven for funds: Chan

Global investors eye Hong Kong as a robust and reliable safe haven, noting the city's strength in stock markets, wealth management and insurance, Hong Kong Financial Secretary Paul Chan Mo-po wrote in ...

Posted on 22/06/2025

HK’s financial centre position strengthening: FS

Financial Secretary Paul Chan says Hong Kong's position as an international financial centre is strengthening, citing increased trading volumes and ...

Posted on 22/06/2025

Hong Kong, Mainland China Launch Payment Connect for Real-Time Cross-Border Transactions

The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) announced the official launch of Payment Connect, a new cross-boundary payment ...

Posted on 22/06/2025

Singaporean financial adviser’s name and image exploited again in Hong Kong scams

City University Professor Chan Yan-chong stresses he never gives advice online, notes that many victims, including some in Singapore, are retirees.

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