Hong Kong’s currency is marking the anniversary of its peg to the US dollar this week with little fuss. Swinging between a loss of 0.01 per cent and a gain of 0.05 per cent on its 40th birthday, the ...
Indonesian courier J&T Global aims to raise US$500 million via Hong Kong’s second biggest IPO of the year
Jakarta-based J&T will sell some 300 million shares at HK$12 per share, according to a filing on the Hong Kong Exchanges and Clearing Based on that valuation, J&T will have a post-issue market ...
Hong Kong’s Property Market Crisis: A Symptom of a Greater Chinese Real Estate Woe
The bustling city of Hong Kong, a bastion of free-market capitalism, is now facing an unexpected adversary: a significant downturn in the property market. In October, 60% of recorded cases have shown ...
Hong Kong stocks slip as market braces for new US tech curbs on China while worsening Israel-Hamas war saps risk appetite
Stocks retreat further from a five-week high as investors brace for new US curbs on technology exports to China. China’s economy slowed last quarter, according to forecasts before a government report ...
Citi, HSBC Become 1st Banks to Use HKEX Synapse Platform
Citigroup and HSBC became the first banks to use HKEX Synapse platform, a new integrated settlement acceleration platform for Shanghai- and Shenzhen-Hong Kong Stock Connects. Citigroup securities ...
Tencent-Backed Logistics Firm Plans to Raise Over $500M in Hong Kong IPO
By P.R. Venkat Tencent-backed J&T Global Express is the latest logistics-related company seeking to tap investors' appetite in Hong Kong with a 3.92 ...
UPDATE 1-Courier services startup J&T Express to raise $500 million in Hong Kong IPO
Indonesian courier services startup J&T Global Express said on Monday it planned to raise up to HK$3.92 billion ($500.97 million) in Hong Kong's second-largest initial public offering (IPO) in 2023.
KPMG Expects HK IPO Mkt to Remain Challenging in Short Term, HK to Return to Top 5 Global IPO Mkts by End-yr
Hong Kong is expected to return to the top 5 global IPO markets by the end of 2023, supported by around 110 listing applications so far, according to KPMG's Chinese Mainland an... Hong Kong is ...
Why are Hong Kong emigrants worried about latest arrests over early MPF withdrawals?
ICAC last week announced 20 people had been arrested on suspicion of forging documents to make early withdrawals of pension funds The Post unpacks how residents can gain early access to funds, what ...
Hong Kong stocks jump to 5-week high as China’s wealth fund buys shares in Big Four banks in replay of 2015 market intervention
Hong Kong stocks rose to a five-week high as state-owned fund Central Huijin Investment increased its stakes in the nation’s Big Four banks for the first time since the 2015 market turmoil.
ExplainerWhy are Hong Kong emigrants worried about latest arrests over early MPF withdrawals?
slammed HSBC CEO Noel Quinn for the bank’s alleged refusal to approve the early pension withdrawal requests of Hong Kong residents planning to move to Britain under the BN(O) visa scheme. “As much as ...
Hong Kong’s Financial Secretary Engages in Key Financial Talks in Morocco
Financial Secretary of Hong Kong, Paul Chan, recently engaged in strategic talks with the central bank governor of Malaysia and representatives from various financial institutions during his visit to ...
Hong Kong Officials Address Typhoon Preparations, Infrastructure Improvements, and Regional Development
When the elements roar and the winds whip, the people of Hong Kong turn to their leaders for guidance and assurance. This time, it’s Frank Chan Fan, the Transport and Housing Bureau Secretary, who ...
China Resources Longdation plans Hong Kong IPO to raise $500 million: Sources
Advt China Resources Longdation, was previously known as China Resources Property, is considering holding the IPO in 2024 or 2025, two of the sources said. The prospect of higher interest rates for ...