The HK$394 million raised by three of the five companies are a much-needed boost for Hong Kong as it clings to fourth place behind Shanghai, Shenzhen and Seoul among the world’s top IPO destinations.
Futu ADRs Sink After Delay of Hong Kong Listing
By Dean Seal Futu Holdings Ltd.'s American depositary receipts were down 24% at $44.77 in premarket trading Friday after the company postponed the debut ...
Hong Kong pushes Seoul aside to climb to third place in Refinitiv’s 2022 list of the world’s biggest IPO markets, behind Shanghai and Shenzhen
A strong second half lifted the city from 10th place in June, according to Refinitiv data The city fared better than its two traditional rivals in the United States, as Nasdaq and the NYSE both ...
Optimism Over China’s Economic Recovery Boosts Hong Kong Shares Friday
Optimism over China's economic recovery next year, following relaxed COVID-19 policies for inbound travelers, pushed the Hong Kong Hang Seng Index slightly higher Friday. The broad gauge Hang Seng ...
Hong Kong offshore yuan deposit pool to get boost from China’s reopening
HONG Kong’s offshore yuan deposit pool edged up 0.8 per cent in November to 892.3 billion yuan (S$172.4 billion) from a month earlier, rising for the fourth straight month as an increase in yuan trade ...
Full Truck Alliance Puts The Brakes On Hong Kong Listing Plan
Trucking app operator Full Truck Alliance has halted its plan to make a second listing in Hong Kong, according to a media report. Find out more.
Hong Kong housing paradox: why temporary flats cost more to build
Readers discuss the economics of modular construction, the Covid-19 testing requirement for schoolchildren, and how to promote recycling Feel strongly about these letters, or any other aspects of the ...
New Hong Kong restaurants for January 2023: a Korean steakhouse, British comfort food, and refined French fare from two fine-dining chefs
From fine-dining to casual, and Filipino to Korean, there are more than a dozen newly opened restaurants for Hong Kong diners eager to try something new; Some much-loved places, s ...
Tencent-Backed Online Broker Abruptly Delays Hong Kong Listing
Futu Holdings Ltd., a Chinese online broker backed by Tencent Holdings Ltd., has abruptly postponed its Hong Kong listing less than a day before its scheduled debut on Friday.
Japfa’s unit lists on Hong Kong Exchange; share offerings oversubscribed
AUSTASIA Group, a unit under agri-food group Japfa, was oversubscribed in its offering of 30.6 million shares prior to its listing on the Hong Kong Exchange on Friday (Dec 30). Read more at The ...
Hong Kong business group warns of long road ahead after Covid-19 shift
A Hong Kong foreign business group warned the city still faces challenges in trying to revive its reputation as a global financial hub. Read more at straitstimes.com.
Miss Hong Kong slammed online for roasting marshmallows over gas stove
Lam, the 28-year-old daughter of former TVB star Wilson Lam, shared her controversial attempt to make “BBQ marshmallows” on Instagram on Christmas Eve. In her short clip, which has received over ...
Restaurants enjoy business uptick after Hong Kong lifts most Covid curbs, unvaccinated diners also make a return
Restaurant operators said they had recorded at least 10 per cent growth in business on Thursday after Hong Kong lifted most pandemic restrictions, with unvaccinated diners back among their clientele.
Hong Kong’s dollar peg is on increasingly thin ice
We’ll send you a myFT Daily Digest email rounding up the latest Hong Kong economy news every morning. Some trades always seem to disappoint: long Argentina, short Japanese government bonds or attacks ...