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Category: FINANCE

Posted on 20/05/2025

China’s CATL jumps in Hong Kong debut in world’s biggest listing this year

By Scott Murdoch and Julie Zhu HONG KONG (Reuters) -Shares of Chinese electric vehicle battery giant CATL opened 12.5% higher than the subscription price on Tuesday after the company raised $4.6 ...

Posted on 20/05/2025

Tycoon Li’s FWD Files for Hong Kong IPO Again as Market Rebounds

FWD Group Holdings Ltd., an insurer backed by billionaire Richard Li, is close to filing a fresh application for an initial public offering in Hong Kong, according to people familiar with the matter.

Posted on 19/05/2025

Third time lucky? Richard Li’s insurer FWD files to list in Hong Kong amid rising IPO wave

The insurer has received preliminary interest from potential investors for its third attempt to list in Hong Kong, sources say.

Posted on 19/05/2025

HKEX names Hui Leung Wah, Herbert as new CFO

Bourse operator Hong Kong Exchanges and Clearing Ltd on Monday said it has appointed Hui Leung Wah, Herbert as group chief financial officer, succeeding Vanessa Lau Bik Yun.

Posted on 19/05/2025

Tycoon Li’s FWD Is Said to File for Hong Kong IPO Soon as Monday

FWD Group Holdings Ltd., an insurer backed by billionaire Richard Li, is close to filing a fresh application for an initial public offering in Hong Kong, according to people familiar with the matter.

Posted on 19/05/2025

Tesla supplier CATL, the world’s leading battery maker, to start trading in HK after a bumper $4.6 billion IPO

CATL is foraying into global markets amid growing trade tensions between the U.S. and China, which have sent markets careening over the past several weeks.

Posted on 19/05/2025

Hong Kong stocks fall after Moody’s downgrades US credit rating, mixed China data

Stock markets in Hong Kong and mainland China fell on Monday amid concern about global financial market stability, after the US lost its top-notch sovereign credit rating and China reported mixed post ...

Posted on 19/05/2025

Paul Chan: HK IPO Fundraising Total HKD60B+ This Yr, Up 6x YoY

Financial Secretary Paul Chan wrote in his blog that the HKD exchange rate remained strong at the beginning of this month, prompting the Hong Kong Monetary Authority (HKMA) to inject approximately ...

Posted on 19/05/2025

Mainland bank in Hong Kong investigates unauthorised transactions on FPS platform

China Construction Bank (Asia) client says she lost HK$20,000 through FPS transfers, with experts suggesting hacking may be involved.

Posted on 18/05/2025

Hong Kong police bust $15M crypto laundering syndicate

Hong Kong police arrested 12 people for laundering $15 million through over 550 bank accounts and crypto transactions.

Posted on 18/05/2025

Hong Kong’s IPO market ‘brisk’ despite ongoing US-China trade tensions: Paul Chan

Finance chief says city must continue to leverage advantages, as he reveals stock market has outperformed other major indices so far this year.

Posted on 18/05/2025

FS lauds strong local stocks, IPO market

The finance chief on Sunday hailed the Hong Kong stock market's performance this year, pledging to closely monitor market developments amid external ...

Posted on 18/05/2025

Bank in Hong Kong investigates unauthorised transactions on payment system FPS

China Construction Bank (Asia) client says she lost HK$20,000 through FPS transfers, with experts suggesting hacking may be involved.

Posted on 17/05/2025

Hong Kong prepares for a grand homecoming as mainland firms face US delisting threats

Around 286 mainland ­companies trading in the US came under threat of delisting after Treasury Secretary Scott Bessent said in early April that “everything’s on the table”, as worries about decoupling ...

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