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Posted on 24/10/2024

China Market Update: Hong Kong IPOs Take Flight

Asian equities were mixed overnight despite a stronger US dollar. Hong Kong and South Korea outperformed, while Thailand was closed for Chulalongkorn Day, a national holiday commemorating His Majesty ...

Posted on 24/10/2024

Dinosaur fossils discovered for first time in Hong Kong

Scientists have discovered dinosaur fossils in Hong Kong for the first time, the city's government announced on Wednesday, adding that the species remains unknown.

Posted on 23/10/2024

Hong Kong stocks ride 2-day wave on earnings optimism, stabilisation-fund proposal

Investors are gearing up for results from 22 Hang Seng Index constituents through the end of the month, including HSBC, BYD and ICBC.

Posted on 23/10/2024

China Resources Beverage shares end 15% higher on Hong Kong IPO debut

Drinks maker China Resources Beverage's shares ended 15% higher in their Hong Kong debut on Wednesday, giving dealmakers hope that more big-ticket initial public offerings could be on the way. The ...

Posted on 23/10/2024

Chery Is Said to Pick Banks for Auto Unit’s Hong Kong IPO

Chery Holding Group Co. has picked China International Capital Corp., GF Securities Co. and Huatai International Ltd. to work on a potential initial public offering of its automotive unit, people ...

Posted on 23/10/2024

Hong Kong discovers dinosaur fossils for the first time

Officials in Hong Kong say they have discovered dinosaur fossils in the city for the first time on a remote, uninhabited island that’s part of a geopark ...

Posted on 23/10/2024

Hong Kong’s financial system has learned from past crises, braced to beat shocks: Paul Chan

Finance chief tells forum in US that city is ‘back once again with a stable, welcoming and promising business environment’.

Posted on 23/10/2024

Hong Kong Mansion Sells for $21 Million in Distressed Disposal

A mansion in Hong Kong’s Repulse Bay was sold for HK$160 million ($21 million), adding to a streak of distressed property disposals this year.

Posted on 23/10/2024

On This Day: Hong Kong withdraws proposed extradition bill ending months of protests

On Oct. 23, 2019, the Hong Kong government officially withdrew a proposed extradition bill that led to months of protests, violence and other types of unrest in the Chinese territory.

Posted on 23/10/2024

Hong Kong bars services like WhatsApp and Google Drive from government computers

The Hong Kong government is barring most civil servants from using popular apps like WhatsApp, WeChat and Google Drive on their work computers due to potential security risks ...

Posted on 23/10/2024

China Resources Beverage shares jump almost 15% on Hong Kong IPO debut

Drinks maker China Resources Beverage's shares traded nearly 15% higher in their Hong Kong debut on Wednesday, giving dealmakers hope that more big-ticket initial public offerings could be on the way.

Posted on 23/10/2024

Asian Stocks Struggle Amid U.S. Treasury Yield Surge, Hong Kong Outperforms

Asian Stocks Mixed as U.S. Treasury Yields Rise Asian stocks performed mixed on Wednesday, as rising U.S. Treasury yields and uncertainty around the upcoming U.S. presidential election kept investors cautious.

Posted on 23/10/2024

EY Sees Global IPO Recovery Next Year as Sponsors Plot Exits

Improving market conditions and a backlog of private equity sales are setting the stage for a busy 2025 in equity capital markets, with initial public offerings likely to pick up across regions, according to consultancy Ernst & Young.

Posted on 23/10/2024

Hong Kong bourse’s profit beats estimates on China stimulus, rate cuts

Hong Kong's bourse operator reported a 7% rise in third-quarter profit on Wednesday, ahead of forecasts, as China's stimulus package and interest rate cuts by global central banks fuelled trading and listing activities.

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