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Category: FINANCE

Posted on 14/05/2025

This Hong Kong IPO Candidate May Benefit From Policy Tailwinds

This digital payment services provider is likely to get a lift from China's initiatives to boost domestic consumption.

Posted on 14/05/2025

CATL set to price Hong Kong IPO at top end of range as retail investors pile in

World’s largest maker of electric-vehicle batteries could expand its IPO deal to as much as US$5.3 billion if several upsize options are exercised.

Posted on 14/05/2025

Surprise lay-offs hit Hong Kong’s Hang Seng Bank amid HSBC’s sweeping revamp

Some departments lose up to 20 per cent of their staff, while the hardest-hit team is cut in half, sources say.

Posted on 14/05/2025

HSBC Hong Kong signs MoUs to support Chinese companies expanding into Mideast markets

The Hongkong and Shanghai Banking Corporation Limited, through its Hong Kong Office ( HSBC Hong Kong ) has announced the signing of ...

Posted on 14/05/2025

CATL’s $4 bln IPO offers trade truce reality check

The world’s biggest IPO this year excludes U.S. onshore investors. The decision reduces geopolitical risks that loom over Chinese battery maker Contemporary Amperex Technology's $4 billion Hong Kong ...

Posted on 14/05/2025

HSBC’s Hong Kong unit Hang Seng Bank lays off staff as part of sweeping revamp

Some departments lose up to 20 per cent of their staff, while the hardest-hit team is cut in half, sources say.

Posted on 14/05/2025

The largest IPO in Hong Kong stock market this year may be coming! CATL Receives 21 Times Oversubscription, Lithium Battery Sector Heats Up

This week, CATL, a leading domestic lithium battery company, launched its Hong Kong IPO, heating up the lithium battery sector.

Posted on 14/05/2025

Exclusive: Animoca’s Yat Siu says bank-backed stablecoins will drive mass adoption

Animoca’s Yat Siu says bank-issued stablecoins will drive global adoption, as Hong Kong launches a licensed token — just as U.S. lawmakers block a key stablecoin bill, sparking criticism from Treasury ...

Posted on 13/05/2025

Tesla Supplier CATL Sets Modest Underwriting Fees For World’s Biggest IPO Of 2025

Investment banks managing Tesla (NASDAQ: TSLA) battery supplier CATL's IPO, the world's largest listing of 2025, are set to earn underwriting fees that fall below the industry standard.

Posted on 13/05/2025

China’s CATL targets nearly $4b in HK’s biggest IPO of 2025

Contemporary Amperex Technology Co Ltd, the world's largest electric vehicle battery maker, is aiming to raise up to HK$41 billion ($3.99 billion) in a Hong Kong initial public offering, which would ...

Posted on 13/05/2025

HSBC’s Wayfoong becomes Hong Kong first captive insurer formed by a multinational enterprise

HSBC Group has received approval from the Insurance Authority (IA) to set up a captive insurance company, Wayfoong (Asia) Limited, in Hong Kong, which has ...

Posted on 13/05/2025

Hang Seng Bank launches cross-boundary wealth centre at Central branch

The Hong Kong-based bank has seen an 80% rise in new account openings for retail mainland customers. Hang Seng Bank has unveiled its flagship cross-boundary wealth center at its Hong Kong Main Branch ...

Posted on 13/05/2025

‘HK ideal platform to reach out to new markets’

A leading Chinese digital bank says Hong Kong provides the ideal platform for mainland enterprises to reach out to Belt and Road markets, citing the ...

Posted on 13/05/2025

Minister of Finance stresses depth of Qatar’s relations with Hong Kong Special Administrative Region of China

Doha:Minister of Finance HE Ali bin Ahmed Al Kuwari emphasized the deep relations between the State of Qatar and the Hong Kong Special ...

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