After a disappointing few years for initial public offerings (IPOs) in Hong Kong, there are some early signs of a revival. Six listings in the week of July 8 made for the year’s busiest week of IPOs.
Defying downturn, auction houses bid high on Hong Kong
Sotheby's on Thursday unveiled showrooms at an upscale mall in Hong Kong's finance district, a two-storey space previously occupied by fashion label Giorgio Armani. "We envision for this ...
HANG SENG BANK (00011.HK) Buys Back 200K Shrs for $20.38M
HANG SENG BANK (00011.HK) disclosed in its statement that on 24 July, it repurchased 200,000 shares on the Hong Kong Stock Exchange at a price ranging from $101.3 to $102.3 per share, involving about ...
$4 billion in restricted US chips flowed to Russia through one Hong Kong address
located near Hong Kong’s financial district. The New York Times investigated nearly 800,000 shipments of restricted goods from 2022 until 2024. It discovered that over 6,000 companies sent almost $4 ...
Pyro AI’s IPO: High Risks And Likely Growth Reversal
Pyro AI Inc.’s revenue growth is likely coming to an end soon. Read more to see an overview and analysis of PYRO IPO.
Hong Kong IPO applications surge as many in China’s Silicon Valley keen, summit hears
The numbers are a big jump over last year’s comparable period, which saw 73 applications and 31 IPOs. “Hong Kong is the third largest IPO market worldwide this year in terms of number of deals,” said ...
Hong Kong shell companies’ exports bust sanctions, as Ukraine’s Foreign Minister holds talks with Russian ally China
By Ben Aris in Berlin At least four shell companies operating out of Hong Kong are facilitating the shipment of restricted military technology to Russia, according to an investigation by The New York ...
Don’t help Russia to evade sanctions, Ukraine tells Hong Kong
Hong Kong CNN — Ukraine’s Foreign Minister Dmytro Kuleba urged Hong Kong to prevent Russia from using the Asian financial hub to bypass Western sanctions during a visit to the city on Thursday. The ...
Hong Kong Reappoints Central Bank Chief
Hong Kong’s government reappointed Eddie Yue as its de-facto central bank chief to another five-year term to keep stability in the financial hub.
HSBC: Over 70% Surveyed Spend Money in HK Most of the Time; Bank to Partner w/ 1,000+ Brands to Boost Local Consumption
HSBC announced yesterday (25 July) that it has partnered with more than 1,000 local and international retail brands to create a network of banking privileges for all of the bank's Hong Kong personal ...
Hong Kong stocks rebound from 3-month lows as China policy easing hopes revived
Hong Kong stocks rebounded from three-month lows as expectations grew that China will unveil more policy easing measures, after the country’s central bank announced unexpected cuts in key interest ...
HK stocks open higher ahead of US PCE data
The Hang Seng Index gained 0.44 percent on Friday to open at 17,079.67 points, shrugging off a weak performance by Wall Street overnight.. Traders ...
{Block Trade}CM BANK (03968): 1.17m shares, or HK$37.18m
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Developing | Hong Kong appoints Eddie Yue to second 5-year term as head of de facto central bank
Eddie Yue Wai-man has been appointed for a second five-year term as the chief executive of the Hong Kong Monetary Authority (HKMA), the city’s de facto central bank. Yue’s second term begins in ...