AI and electronics firm Mobvoi aims to raise up to US$300 million, while pharmaceutical company HighTide targets up to US$200 million amid a lacklustre year for IPOs in the city.
ING closes $404.8m infrastructure securities for the Hong Kong Mortgage Corp
ING also acted as the sole finance adviser for the issuance's sustainable tranche. ING has closed the $404.8m inaugural infrastructure loan-backed securities (ILBS) issuance, named the Bauhinia ILBS 1 ...
HKMC completes first issuance of infra loan-backed securities
The Hong Kong Mortgage Corporation Limited (HKMC) on May 30 announced the successful completion of its first issuance of infrastructure loan-backed securities under its pilot scheme on infrastructure ...
Singapore surpasses Hong Kong as Asia-Pacific’s most expensive housing market in price and rent
Private residential property in Singapore has surpassed Hong Kong as the most expensive in the Asia-Pacific region in terms of absolute prices, according to a report by the Urban Land Institute (ULI).
Hong Kong market enters bear territory as China manufacturing decline erodes investor faith in economic recovery
Hong Kong stocks tumbled into bear-market territory after a government report showed manufacturing in China continues to contract, sparking renewed concerns over the nation’s wobbly economic recovery.
How HSBC’s China battle threatens to ‘heat right back up’
HSBC executives have been reassured by senior figures in China and Hong Kong that the dispute is viewed as commercial, not political — they take comfort from the fact that it has won additional ...
Green finance: Hong Kong should pick the more stringent China, EU yardsticks for defining climate-friendly projects, says think tank
Hong Kong should adopt the more stringent criteria from those used by China and the European Union for defining green and climate mitigation projects to bolster its position as an international ...
Hong Kong and UAE central banks collab on crypto rules, fintech development
Crypto regulations and collaboration on fintech initiatives were among the key points discussed between the central banks of the United Arab Emirates and Hong Kong.
China Fintech Unicorn B2B No.1 Foreign Trade Financial Platform XTransfer Officially Set Foot in Hong Kong
XTransfer, China No.1 B2B foreign trade financial platform*, successfully held its inaugural "B2B Trade Digitization" foreign trade seminar at the InterContinental Grand Stanford Hotel Hong Kong. The ...
Hong Kong consumption vouchers: second instalment coming from July 16, says finance chief Paul Chan, adding long-term scheme ‘difficult’
Finance chief Paul Chan says more large-scale public activities under ‘Happy Hong Kong’ campaign planned to help latest round of vouchers go further.
Exclusive-Credit Suisse Aborts China Bank Plan to Avoid Regulatory Conflict Under UBS-Sources
Credit Suisse had been planning over the last few years to set up a wholly owned local bank in China that would have boosted its presence in the country by allowing it to set up its own branch network ...
Hong Kong stocks enter bear market territory as China reopening optimism continues to fade
The Hang Seng index is 20% below its recent peak – a stark contrast to the reopening optimism that had once driven Asia-Pacific's benchmark index to a bull market.
Uyghur student not missing in Hong Kong – Amnesty
Rights group Amnesty International has corrected its report alleging an Uyghur student went missing from Hong Kong airport, saying he is "accounted for". "Abuduwaili Abudureheman... told us he did not ...
Hong Kong renovation saga: all you need to know about modifying your flat and how to do it safely and legally
A video posted online showing a renovated flat led to an investigation into the modifications Homeowners should make sure they know which renovations need government approval Sharp-eyed internet ...