Hong Kong stocks edged up on Tuesday, supported by optimism over foreign investors buying local assets, which pushed the city’s dollar to the strong end of its trading band.
AirAsia-owner Capital A will seek to raise US$200 million from Hong Kong listing
KUALA LUMPUR] Capital A wants to raise at least US$200 million from a secondary listing in Hong Kong as the parent of AirAsia looks to tap mainland Chinese investors and accelerate growth. Read more ...
Hong Kong to offer ‘tailored guidance’ for specialist tech firms seeking IPOs
The Technology Enterprises Channel aims to assist innovative firms raise funds, as outlined in Paul Chan’s budget speech in February.
HKMA Sells Hong Kong Dollars as Currency Approaches Peg to Greenback
The Hong Kong Monetary Authority has sold over a 100 billion in Hong Kong dollars in the foreign-exchange market this month.
Hong Kong’s Exchange Fund posts US$8.7 billion gain amid stock market rally
Exchange Fund benefits from Hong Kong stock market rally; Hang Seng Index rises 15 per cent in the first quarter.
Wall Street banks said to steer clear of Chery’s US$1.5 billion Hong Kong IPO
HONG KONG] One of this year’s biggest listings is coming together in Hong Kong without the involvement of Wall Street banks. Read more at The Business Times.
Shanghai Gold Exchange to Expand Warehouse Network to Hong Kong
The Shanghai Gold Exchange plans to expand its warehouse network to Hong Kong, helping to raise the profile of its yuan-denominated products, including for the precious metal, beyond mainland China.
Chery gears up for US$1.5 billion Hong Kong IPO without Wall Street banks
Chery Automobile’s planned Hong Kong initial public offering (IPO), which people familiar say could raise about US$1.5 billion, is being led by an all-Chinese bank roster after others decided not to ...
Wall Street Banks Said to Steer Clear of Chery’s $1.5 Billion Hong Kong IPO
One of this year’s biggest listings is coming together in Hong Kong without the involvement of Wall Street banks.
Hong Kong’s freight forwarding industry hit by trade war, SCMP reports
Hong Kong's freight forwarding industry is reeling from the U.S.-China trade war with 41% of container capacity from the city to North America's west coast cancelled for the week starting May 12, the ...
CATL starts gauging interest for potential US$5 billion Hong Kong listing
HONG KONG] Contemporary Amperex Technology Co Limited (CATL), the world’s largest maker of batteries for electric vehicles, began gauging investor interest for its Hong Kong listing from Tuesday (May ...
Hong Kong’s freight forwarding industry takes hit from trade war
In week starting Monday, 41 per cent of container capacity scheduled from Hong Kong to North America’s west coast cancelled.
Hong Kong’s central bank intervenes to maintain currency peg
Hong Kong's de-facto central bank bought $7.8 billion (HK$60.5 billion) against the Hong Kong dollar on Tuesday from the market to stop the local currency strengthening and breaking its peg to the U.S ...
Hong Kong DIY Watch Brand Sets Sights on Europe Amid Trump Tariffs
Lai is the founder of DIY Watch Club, which sells do-it-yourself watchmaking kits to the overseas market, with over 80% of his shipments going to the United States. Starting from May 2, low-value ...