Hi, it’s Pei Li in Hong Kong, where a Chinese bubble tea maker just made its much-anticipated trading debut—and it wasn’t sweet. Also today, Boeing’s Spirit AeroSystems bid hits a snag and drone ...
China Market Update: Strategist Upgrades Maintain Hong Kong’s Rise
Hong Kong’s most heavily traded stocks by value were Tencent, which gained +3.75% after purchasing another 3 million shares, Meituan, which gained +7.95% after purchasing 4 million shares, Alibaba, ...
Come to Hong Kong, we have ‘good conditions and advantages’ for hydrogen development, Towngas executive says
Hong Kong has the potential to become an international innovation hub for hydrogen technologies, says Towngas’s Don Cheng.
Is the tea bubble bursting? ChaPanda shares plunge in Hong Kong IPO
Shares in Chinese bubble tea chain Sichuan Baicha Baidao failed to pop during their market debut Tuesday, tumbling as much as 38% from their listing price.
Hong Kong has achieved ‘soft landing’ with Article 23 law, top adviser says
Regina Ip, convenor of government’s key decision-making Executive Council, says current situation is ‘inflection point’ for city.
Hong Kong’s bubble tea IPO flop is a sign of the market times
The bursting of Chabaidao’s bubble will now set the tone for the Hong Kong IPO market in the coming months. During a time of high competition for scarce funds, heading to market ahead of its rivals ...
A Bubble-Tea IPO Became Hong Kong’s Biggest This Year—and Slumped on Its Trading Debut
Executives at a bubble-tea company struck the gong Tuesday morning for Hong Kong’s biggest IPO yet this year. Then silence descended on the listing hall. Shares of Sichuan-based ChaPanda opened 10% ...
Hong Kong has to ensure the talent it attracts stays
Top Talent Pass Scheme drew nearly 46,500 successful applicants in the past financial year, and they must be encouraged to put down roots so local people can also benefit.
Another Chinese Beverage Company Pushes to Revive Hong Kong Market with Billion Dollar IPO
Advised by Clifford Chance, Jingtian & Gongcheng and Harneys, China Resources Beverage has filed for a listing on the Hong Kong Stock Exchange.
JPMorgan China names new heads for China investment banking arm
JPMorgan Chase & Co appoints Lu Fang to chair the board of its China investment banking arm, replacing former chair Park Pu, according to a company memo reviewed by Reuters and confirmed by a company ...
Hong Kong leader John Lee shrugs off criticism over single-use plastics ban, says ‘market forces’ will lead to better utensils
Chief Executive John Lee says administration's main concerns are steady supply of alternative products and affordability for consumers Some have complained over quality of products replacing ...
Hong Kong’s small businesses more confident of growth than their mainland China, Singapore peers, survey shows
Hong Kong’s SMEs are more optimistic than their peers in mainland China, Singapore and Australia when it comes to growing their businesses this year, thanks to government support and an increase in ...
CPA Australia: Nearly seven in ten Hong Kong small businesses expect growth amid cybersecurity threats
HONG KONG SAR - Media OutReach Newswire - 23 April 2024 - CPA Australia's Asia Pacific (APAC) Small Business Survey 2023-24 shows Hong Kong small businesses have growing confidence in their business ...
Hong Kong’s biggest IPO of 2024 flops
Hong Kong’s stock exchange is ranked 10th on the LSEG’s global IPO stock exchange rankings in the first quarter, behind Mumbai and Shanghai, despite listings on the mainland also collapsing to record ...