Even Saudi Aramco, which holds the record for the world’s largest IPO, is being wooed for a secondary offer in Hong Kong, following a February 7 accord between HKEX and Saudi Arabia’s Tadawul exchange ...
Hong Kong to Consider Allowing Stock Trading During Severe Weather
Hong Kong Exchanges & Clearing Ltd. is exploring arrangements to continue trading under severe weather in a bid to facilitate investor transactions amid wider trends of remote working in the finance ...
Hong Kong Exchange Reports IPO Drought In 2022 As Profits Slide
At the start of last year, vast swathes of Hong Kong's economy shut down as the highly transmissible Omicron variant fuelled the city's worst-ever coronavirus outbreak. The economic environment was ...
Hong Kong stock exchange operator reports first profit slide in 6 years as IPOs dried up and trading dwindled in 2022
The bourse operator posted a 20 per cent decrease in net profit to HK$10.08 billion (US$1.28 billion) for 2022 In 2022, the average daily turnover of Hong Kong stocks shrank 25 per cent to HK$124.9 ...
Hong Kong golfer Tiffany Chan eyes greater LPGA Tour success after HSBC Women’s World Championship invite
On the back of her most successful season on the LPGA Tour, Tiffany Chan eyes greater success, starting with next week’s HSBC Women’s World Championship.
Hong Kong stocks slump as Chinese tech giants step up rivalries, HSBC in focus as market await corporate earnings boost
Stiffer competition among Chinese tech giants could put margins under pressure. Reports in the past quarter have been ‘soft’ with earnings inflection point likely only from this quarter, Goldman Sachs ...
Hong Kong spreads its wings, and its bets
Chief Executive John Lee and his central bank chief Eddie Yue are talking up Hong Kong’s potential for attracting business and talent, and for funnelling Chinese capital to foreign companies. The ...
Total Wealth Of Hong Kong’s 50 Richest On Forbes List Dips Slightly To $324 Billion
The combined wealth of tycoons on the 2023 Forbes list of Hong Kong’s 50 richest dipped slightly to US$324 billion from $328 billion last year.
China unveils new offshore IPO rules but big rebound unlikely, say law firms
But bankers and lawyers say any rebound in foreign share sales will be limited and likely to favour Hong Kong as tense bilateral relations between Beijing and Washington loom large for most issuers.
HKEX Seen Snapping Profit Decline Streak on Trading, IPO Rebound
After six straight quarters of sliding profits, the end of 2022 likely brought some relief to Hong Kong Exchanges & Clearing Ltd. The operator of Hong Kong’s stock exchange is estimated to report a 9% ...
Hong Kong woos family offices in bid to boost post-Covid growth
We’ll send you a myFT Daily Digest email rounding up the latest Hong Kong economy news every morning. Hong Kong will host an “invitation only” meeting for some of the world’s richest family offices ...
Unfazed By A Weak Market, Hong Kong Property Tycoon Lee Shau Kee’s Henderson Land Bets On Future Growth
Lee is pressing ahead with new projects such as a $14.5 billion landmark waterfront development in the Central district.
Vincent Lo Plays Long Game With His Shui On Group, Making Big Bets In Shanghai Property As He Prepares Daughter Stephanie As Successor
The Hong Kong billionaire developer sees silver lining in mainland China’s property market turmoil, readies master plan to hand over group to next generation.
Happy Hong Kong? Singapore’s Gone Laughing to the Bank
The different pace of post-pandemic recovery has created a big gulf in the economic priorities and prospects of the rival Asian financial centers.