The Government is entirely committed to developing Hong Kong as a green finance hub. Our agenda, and results, bear that out. Just last month, we completed the successful offering of about US$3.75 ... ( read original story ...)
AI Giant SenseTime’s USD769 Million Hong Kong IPO Gets Underway
SenseTime, China’s biggest artificial intelligence company, has started accepting subscriptions ahead of its HKD6 billion (USD769 million) initial public offering on the Hong Kong stock exchange on ... ( read original story ...)
AI unicorn SenseTime plans to raise $768 million in downsized Hong Kong IPO
China’s top AI firm SenseTime plans to raise HK$5.99 billion ($768 million) in its Hong Kong debut, down about 62% from a reported $2 billion goal. The company is selling 1.5 billion shares between ... ( read original story ...)
Alibaba jumps most since Hong Kong Listing as China tech rebounds
Alibaba Group Holding Ltd. soared by the most since its 2019 listing in Hong Kong, leading a rebound in Chinese tech stocks, as bargain hunters piled in amid improved sentiment following Beijing’s ... ( read original story ...)
Chinese AI group SenseTime launches downsized Hong Kong IPO
Chinese artificial intelligence developer SenseTime Group aims to raise as much as $767 million as it opens its initial public offering in Hong Kong on Tuesday. ( read original story ...)
Salary report 2022 market outlook, Hong Kong – Banking and financial services
At four to eight months, securities firms are set to offer the highest bonus packages to their compliance professionals in Hong Kong. ( read original story ...)
Hong Kong fintech unicorn WeLab raises $240M to buy Indonesian bank
A virtual bank is soon coming to Indonesia. WeLab, a Hong Kong-based fintech unicorn, announced Tuesday its acquisition of Bank Jasa Jakarta (BJJ), an Indonesian commercial bank. With the deal, WeLab ... ( read original story ...)
Alibaba Jumps as Much as 9.1% in Hong Kong in Broad Tech Rebound
Chinese tech stocks in Hong Kong on Tuesday, as bargain hunters piled in amid improved sentiment following Beijing’s move to bolster the economy. Shares of the e-commerce giant advanced as much as 9.1 ... ( read original story ...)
Hong Kong stocks jump from 14-month low as China set to inject US$188 billion of liquidity to revive growth
China's central bank announced a cut in banks' reserve-requirement ratio with effect from December 15, set to unleash US$188 billion of liquidity into the system Alibaba Group posts in one of the ... ( read original story ...)
Hong Kong IPOs’ Promising December Is Starting to Look Rocky
December was expected to show the return of major initial public offerings (IPOs) to Hong Kong after months marked by a drought of big deals, but plans are changing fast and not in a good way. China ... ( read original story ...)
The List of Concerns Over China’s Stocks Is Getting Longer. Here’s Why.
Investors are monitoring a number of issues in China that range from Alibaba's management reshuffle to confusion over delistings. ( read original story ...)
Hong Kong IPOs’ Promising December Is Starting to Look Murky
December was expected to show the return of major initial public offerings to Hong Kong after months marked by a drought of big deals, but plans are changing fast and not in a good way. Most Read from ... ( read original story ...)
Hong Kong warns Wall Street Journal of ‘incitement’ in editorial
Hong Kong has long served as a regional media hub, though it has tumbled down press freedom rankings in recent years as Beijing asserts greater control over the city. ( read original story ...)
Hong Kong Successfully Hosts the 18th World Congress of Chinese Medicine for the First Time
HONG KONG SAR - Media OutReach - 6 December 2021 - The 18th World Congress of Chinese Medicine (WCCM), one of the world's largest academic events in the field of Traditional Chinese Medicine ... ( read original story ...)