Mainland Chinese IPOs plummeted in value by 80 per cent in 2024 to just under $9bn, according to Dealogic data. Only 96 companies went public during the year, down 60 per cent from 2023.
Hong Kong lures investment firms Ardian, Arga seeking expansion
HONG KONG] Two investment firms are setting up offices in Hong Kong to attract money from the region, the latest sign of renewed financial activity in the city following government efforts to defend ...
CATL receives approval for Hong Kong listing
Contemporary Amperex Technology (CATL) has secured approval from China's securities regulator, China Securities Regulatory Commission, for a share sale in Hong Kong. The move is expected to generate ...
Investors bank on more AI-driven stock upside in Hong Kong, Singapore, US: HSBC survey
Nearly 40 per cent believed AI was an 'overhyped profit driver', according to HSBC's survey of high-net-worth investors Major stock benchmarks in Hong Kong, Singapore and the US have upside potential ...
CATL gets CSRC nod for US$5 billion listing, in what may be Hong Kong’s biggest IPO in 4 years
Contemporary Amperex Technology Limited (CATL), the dominant global producer of lithium-ion batteries, said it received regulatory approval from mainland China to sell shares in Hong Kong. The China ...
China’s CATL Hong Kong listing approved, sources say it could raise at least $5 billion
SYDNEY/BEIJING (Reuters) -Chinese battery giant CATL said it had received approval from China's securities regulator for a share sale in Hong Kong that sources have said could raise at least $5 ...
Global Bank Layoffs Drive Talent to Chinese Rivals in Hong Kong
For years, Chinese banks have been winning business from Wall Street firms in Hong Kong. Now they’re starting to pick up some of their former staff after a wave of layoffs.
Happy City Pursues Expansion With $6 Million U.S. IPO
Happy City Holdings operates a small network of dine-in restaurants in Hong Kong and plans to use IPO proceeds for expansion in Hong Kong and Southeast Asia. Learn more on HCHL here.
Can Hong Kong Maintain Its Status as the Asia-Pacific Region’s Leading Art Hub?
Though the city is not immune to macroeconomic pressures and geopolitical complexities, it’s probably one of the most stable places to be in a globally unstable moment.
Glencore-backed Nanshan Aluminum’s stock dips after Hong Kong IPO
The Hong Kong trading debut of Nanshan Aluminum International Holdings, a Glencore-backed company, saw a decline in its shares due to falling aluminum prices and the resulting negative market ...
Hong Kong capital market can help turn mainland tech firms into ‘global leaders’
Beijing official Qi Bin also says fostering strong capital market to support nation’s technological advances is the ‘obvious choice’.
HSBC CEO to Double Down in Asia, Middle East After Exits
HSBC Holdings Plc expects to double down on investment banking operations in Asia and the Middle East after exiting key businesses in Europe and the US, Chief Executive Officer Georges Elhedery said ...
HSBC CEO Targets Asia, Middle East Growth After Revamp
HSBC Holdings Plc expects to double down on its investment banking operations in Asia and the Middle East after exiting key business in Europe and the US, Chief Executive Officer Georges Elhedery said ...
HSBC Hong Kong Head of Wealth Ng on Managing Big Money
HSBC Head of Wealth and Personal Banking in Hong Kong Maggie Ng talks about delivering growth for the ultra wealthy amid fragile markets. Ng speaks exclusively to Bloomberg's David Ingles on the ...