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Category: FINANCE

Posted on 12/02/2025

China’s Mixue seeks US$500 million in Hong Kong IPO after Guming’s successful debut

Chinese bubble tea maker Mixue Group plans to raise about US$500 million from its Hong Kong initial public offering (IPO) after peer Guming Holdings completed a US$232 million upsized share sale in ...

Posted on 12/02/2025

{Block Trade}BOC HONG KONG: 1.48m shares, or HK$38.41m

ET Net News Agency, 12 February 2025] A direct manual trade of 1.48 million shares of BOC HONG KONG (02388) was registered at 9:44a.m. The deal amounted to HK$38.41m, or at HK$26 ...

Posted on 12/02/2025

7 in 10 Hong Kong families lack financial planning

Hang Seng unveiled a wealth management plan to combat this. Many young families lack a comprehensive financial plan despite setting a savings goal of $2.31m (HK$18m) for key life objectives, Hang Seng ...

Posted on 12/02/2025

5 arrested in Hong Kong over bid to withdraw US$10 billion with fake documents

Post learns suspects include two with Filipino passports who arrived in city on Monday and tried withdrawing money from bank in Central.

Posted on 12/02/2025

Hong Kong’s latest bubble tea IPO mints another billionaire

Guming Holdings’ US$233 million Hong Kong initial public offering (IPO) bolstered the value of the stake owned by its millennial founder, Yun’an Wang, to US$1.2 billion, according to the Bloomberg ...

Posted on 12/02/2025

South Korean court clears HSBC of violating short-selling rules, Yonhap reports

A South Korean court on Tuesday acquitted HSBC on charges of violating the country's short-selling rules, the Yonhap News Agency reported. The Hong Kong unit of the bank was charged with illegal short ...

Posted on 11/02/2025

HSBC acquitted in South Korean court over short-selling charges

HSBC, the Hong Kong-based banking unit, was cleared of charges related to violation of short-selling rules in South Korea, as per a court official on Tuesday.

Posted on 11/02/2025

Hong Kong complains to WTO about US levies as China’s tit-for-tat tariffs take off

Hong Kong complains to WTO about US levies as China’s tit-for-tat tariffs take off - Donald Trump ‘totally disregarded’ Chinese city’s status as separate customs territory ...

Posted on 11/02/2025

GDS Said to Be Considering $500 Million US IPO of Ex-China Unit GDSI in 2025

GDS Holdings Ltd. is considering a US initial public offering of its GDS International business to raise about $500 million, according to people familiar with the situation.

Posted on 11/02/2025

South Korean court clears HSBC of violating short-selling rules

A South Korean court on Tuesday acquitted HSBC on charges of violating the country's short-selling rules, a court official said. The Hong Kong unit of the bank was charged with illegal short-selling ...

Posted on 11/02/2025

S Korean Court Rules HSBC HK Unit Not Guilty of Alleged Short-Selling Rule Violation

Seoul Southern District Court ruled that HSBC's Hong Kong subsidiary was not guilty of alleged short-selling rule violation, Yonhap News Agency reported. No evidence showed that HSBC employees knew of ...

Posted on 11/02/2025

5 arrested in Hong Kong over bid to withdraw US$100 million with fake documents

Post learns suspects include two with Filipino passports who arrived in city on Monday and tried withdrawing money from bank in Central.

Posted on 11/02/2025

Hong Kong’s pearl will shine brighter under ‘one country, two systems’

Hong Kong enters the final, all-important year of China's five-year plan with a slew of achievements that vindicate its unique governance system In the Year of the Snake, Hong Kong, the "Pearl of the ...

Posted on 11/02/2025

5 arrested in Hong Kong for trying to withdraw US$100 million with fake documents

Post learns suspects include two with Filipino passports who arrived in city on Monday and tried withdrawing money from bank in Central.

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