Nicolas Aguzin, CEO of HKEX (00388.HK), told China Securities Journal that the Hong Kong IPO market has been showing signs of a gradual recuperation and that the Hong Kong bourse i... Nicolas Aguzin, ...
China’s WuXi XDC jumps 40% in Hong Kong trading debut
Chinese medical research group WuXi XDC's shares have risen nearly 40 per cent as the stock started trading on the Hong Kong Stock Exchange (HKEX) on Friday.The firm raised $470 million in its initial public offering,
With Alibaba Cautious Over Deals, China’s Equity Capital Markets Remain Weak
Alibaba Group delayed the listing of its Freshippo grocery unit and shelved the spinoff of its cloud business—the latest sign that Chinese equity capital markets remain underwater. Alibaba has said it wants to split into six independently run companies.
Hong Kong Stocks Take A Hit As Alibaba Plunges
Hong Kong stocks tumbled Friday as market heavyweight Alibaba was hammered after saying it would call off a planned spinoff of its cloud computing business.
Hong Kong’s financial system sound with no capital outflow: HKMA chief executive
HONG KONG, Nov. 17 (Xinhua) -- Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue said on Friday that despite volatility in global financial markets, Hong Kong's financial system remains ...
Fintech Collaboration between Mainland China and Hong Kong
In recent years, the financial technology (Fintech) landscape has witnessed remarkable growth, with Mainland China and Hong Kong emerging as key players in the Asia-Pacific region. The collaboration ...
Alibaba shares plunge after cloud unit IPO nixed
Posted . Alibaba Group's Hong Kong shares slumped 10% on Friday after it scrapped plans to spin off its cloud busines ...
Alibaba Loses $21 Billion In Market Value After Suspending Cloud Unit IPO And Jack Ma Sells Shares
Alibaba Group stunned investors when it announced that it would suspend the listing plan of its cloud computing unit, while also revealing that cofounder Jack Ma intends to sell some of his shares.
Chinese EV maker Li Auto and pharmaceutical firm WuXi Apptec to join Hong Kong’s benchmark Hang Seng Index in December
Chinese electric-car maker Li Auto and pharmaceutical company WuXi Apptec will join the Hang Seng Index as new constituents next month, according to the latest quarterly review by Hong Kong’s index ...
Hong Kong’s monetary authority is working with market regulators on how to get bank transactions done when stock market opens in bad weather
In decades-old practice, the Hong Kong stock market and all of the city's 1,100 bank branches shut down during severe weather. But now the Hong Kong government is urging the local bourse to remain ...
China’s Wuxi XDC to Debut in Hong Kong After IPO Priced at Top
A Chinese maker of drugs used in cancer treatments, WuXi XDC Cayman Inc., will start trading in Hong Kong after an initial public offering priced at the top of a marketed range, a rare case of strong ...
Mild Consolidation Called For Hong Kong Shares
The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of ...
Hong Kong Exchange Fund rebounds from record loss with US$14.22 billion return in first 9 months
The war chest used to defend Hong Kong’s currency posted a third quarter loss but still reported a strong returns in the first nine months of 2023 as robust performance in the bond market offset ...
185 Hongkongers tricked into buying ‘stocks picked by feng shui masters’ lose HK$100 million in as little as a week
Police urge public to be vigilant as scammers impersonate feng shui masters on WhatsApp groups to lure victims.