Average first-day gains for Hong Kong IPOs in 2025 were about 40%, according to Hong Kong Stock Exchange. As of December 30, IPOs in the city had raised HK$285.8 billion ($36.73 billion) from 119 ...
End of an era: Hang Seng Bank to leave Hang Seng Index after 53 years if buyout passes
Brokers say the well-established benchmark is unlikely to be affected, as shareholders are poised to back HSBC's privatisation plan Hang Seng Bank will be removed from the Hang Seng Index after the ...
All Hong Kong retail banks to offer anti-scam service, locking cash in accounts
Money Safe’ users will have to meet a bank employee to undergo verification process to ensure their funds are not going to scammers.
China Merchants Bank details board line-up and committee roles
An announcement from China Merchants Bank Co ( ($HK:3968) ) is now available. China Merchants Bank has published an updated list of its board of ...
AI Drug Discovery Unicorn Insilico Medicine Jumps In Hong Kong Trading Debut
After raising $293 million in the IPO, Insilico Medicine aims to become “a massive source of innovative drugs for pharma companies,” says founder Alex Zhavoronkov.
China IPOs make strong debut in Hong Kong after raising $900 million to cap banner year
By Yantoultra Ngui and Jiaxing Li SINGAPORE/HONG KONG, Dec 30 (Reuters) - Six Chinese companies made their Hong Kong debuts on Tuesday after raising about HK$6.99 billion ($900 million), with most ...
Exclusive: VinFast-linked GSM eyes international IPO; floats $20 billion valuation
Vietnamese electric-vehicle taxi operator Green and Smart Mobility JSC, an affiliate of the Vingroup conglomerate, plans to pursue an international listing with its advisors suggesting a valuation of ...
BOC HONG KONG Vientiane Branch Connects to Digital RMB Cross-Border Payment Platform
BOC HONG KONG (02388.HK) announced that its Vientiane branch in Laos has connected to the digital RMB cross-border payment platform, making the branch one of the platform's first overseas direct ...
Govt responds to World Bank report
Hong Kong continues to rank within the top 20 in "Operational Efficiency" and in the second quintile in "Regulatory Framework" and "Public Services", according to the World Bank Group’s Business Ready ...
HK growth seen edging above 3% for 2025
Hang Seng Bank has raised the GDP forecast from 2.5 percent to 3.2 percent for 2025, as the domestic economy is expanding better-than-expected over the first three quarters, driven by resilient export ...
HSBC, Stanchart, BOC HONG KONG Participate in Phase 2 of RMB Business Facility
The Hong Kong Monetary Authority (HKMA) announced today (29th) the expanded list of 40 participating banks starting from Phase 2 of the RMB Business Facility (RBF), with the total quota allocated to ...
Standard Chartered and Ant Launch Real-Time Tokenized Deposits in Hong Kong
Standard Chartered and Ant International launch tokenized deposits in Hong Kong, enabling real-time liquidity, multi-currency transfers, and regulated blockchain-based treasury operations.
OCBC, Bangkok Bank, First Abu Dhabi join Hong Kong’s US$14 billion offshore yuan scheme
The ...
Keefe Bruyette Turns More Positive on HSBC, Citing Hong Kong Strength
HSBC Holdings plc (NYSE:HSBC) is included among the 15 Global Dividend Stocks to Diversify Your Portfolio. On December 17, Keefe Bruyette upgraded HSBC Holdings plc (NYSE:HSBC) to Outperform from ...