The firm plans to use 55% of the IPO proceeds for research and development, focusing on next-generation vehicles.
Hong Kong sticking with 2-3% growth target despite rate cut: Paul Chan
Finance chief maintains earlier forecast of city’s economic growth this year, despite base interest rate cut to 4.5 per cent on Thursday.
Hong Kong Stock Market Welcomes Major Automotive IPO! Chery’s 20-Year Dream Finally Realized, Leading the Globalization of Chinese Cars with Hard-Core Strength
Behind this impressive performance is Chery's long-standing commitment to a technology-focused strategy—starting from the successful development of its first engine with independent intellectual ...
Medcaptain Pursues Hong Kong IPO Following Newfound Profitability
Medcaptain sells its life-support and testing products in more than 140 countries and regions, with strong positions in several specialist markets; More than half o ...
Zijin Gold’s Hong Kong IPO draws heavyweights GIC, Millennium and Hillhouse, sources say
The company could raise more than US$3 billion and could start taking orders from other investors and the public as soon as Friday.
HSBC, Standard Chartered, BOCHK cut prime rates for first time since December
Hong Kong's three note-issuing banks - HSBC, Standard Chartered and Bank of China (Hong Kong) - will trim their prime lending rates for the first time since December, reducing funding costs and ...
China’s No 2 carmaker Chery seeks US$1.2 billion in Hong Kong IPO
Chery Automobile, China's second-largest carmaker by volume, aims to raise as much as HK$9.14 billion (US$1.2 billion) through a Hong Kong stock offering, joining a wave of mainland companies tapping ...
Hong Kong and UAE strengthen financial ties with ETF and fund accords
Strengthened collaboration reflects growing participation by Middle Eastern funds as cornerstone investors in recent Hong Kong IPOs.
Major lenders cut prime rates by 12.5bps
Major local commercial lenders, HSBC, Bank of China (Hong Kong), and Standard Chartered on Thursday lowered their Hong ...
Hong Kong central bank cuts interest rate, tracking Fed; banks follow
Hong Kong's central bank on Thursday lowered its base interest rate by 25 basis points to 4.50%, tracking a cut by the U.S. Federal Reserve.
Hong Kong central bank cuts interest rate by 25 basis points, tracking Fed move
Hong Kong's central bank on Thursday lowered its base interest rate charged via the overnight discount window by 25 basis points to 4.50%, tracking a cut by the U.S. Federal Reserve.
Hong Kong sevens ace was sent a devastating email. Now he’s fit to take on world
Seb Brien aims to put city top of pile again in Asia before chasing place in global elite – even if getting there just became tougher.
Hang Seng Bank Weighs Sale of $1 Billion Property Loan Portfolio
Hang Seng Bank Ltd. is seeking to sell a property-backed loan portfolio worth at least $1 billion, according to people familiar with the matter, as it looks to unload bad debt that’s piled up during ...
LIV Golf announces league’s first-ever title-sponsored tournament to be played in Hong Kong
LIV Golf announced Wednesday that it will hold the first-ever title-sponsored tournament in its history next year.