A unit of Chinese contract drugmaker Wuxi Biologics set its initial public offering price at the top end of its guided range, indicating strong demand in a choppy year for listings in Hong Kong. The ...
Hong Kong finance chief vows to seize Apec opportunity to lure more US firms, dispel ‘negative narratives’ about city
Paul Chan says he’ll encourage US firms to realise city’s development potential, especially in AI, big data analytics, biotech, fintech and advanced manufacturing.
WuXi XDC Sets IPO Price at Top of End of Range
A unit of Chinese contract drugmaker Wuxi Biologics set its initial public offering price at the top end of its guided range, indicating strong demand in a choppy year for listings in Hong Kong.
China, Hong Kong shares jump on softer US inflation, fresh stimulus
Chinese stocks rebounded on Wednesday and Hong Kong shares surged as traders cheered cooling U.S. inflation data, which is likely to bring an end to the Federal Reserve's rate hikes. Investor ...
China self driving firm iMotion aims to launch $100 mln Hong Kong IPO this month – sources
Chinese self-driving firm iMotion Automotive Technology is aiming to raise $100 million in its Hong Kong initial public offering (IPO) due to launch in the last week of November, according to two ...
Investment: Don’t write off Hong Kong just yet
Hong Kong’s latest Global Financial Leaders’ investment summit, a three-day shindig that started on November 6, was quite an affair.
Beijing’s top official in Hong Kong calls on financial hub to serve as strong catalyst for country’s development goals
City should aim to attract international capital to stop ‘some nations’ from severing the country’s supply chains, Zheng Yanxiong says.
Hong Kong stocks surge on bets Federal Reserve’s done with rate hikes, surprise China retail and industrial data
Hong Kong stocks rallied as cooling inflation in the US bolstered bets that interest rate increases may have peaked, while China’s positive retail and industrial figures helped to ease concerns about ...
Hong Kong journalist group expresses ‘deep regret’ over interview access at banking summit, urges improvements
The city’s largest journalist group has urged the Hong Kong Monetary Authority to improve media arrangements at its events, expressing “deep regret” that reporters were not allowed to interview ...
Lufax to acquire Hong Kong virtual lender Ping An OneConnect Bank for US$119.5 million
While Lufax lends to small businesses on the Chinese mainland, PAOB offers virtual banking services primarily to small and medium-sized enterprises (SMEs) in Hong Kong. An overlap in services and ...
Hong Kong stocks drop as new signs of China recovery weakness challenge fund managers’ view that sell-off overdone
Some fund managers are keeping their bullish view on cheap Chinese stocks after months of sell-off, while reports showed weak economic recovery with the latest credit data falling short of market ...
Hong Kong lending market rebounds, but bad loans also rise: study
Hong Kong’s lending market is witnessing a recovery in loan demand, but face risks from rising bad loans, according to a study by credit referencing agency TransUnion. The study, which polled hundreds ...
Hong Kong stocks waver as new signs of China recovery weakness challenge fund managers’ view that sell-off overdone
Fund managers turn bullish towards cheap Chinese stocks after months of sell-off Concerns over China's economic recovery linger as credit data falls short of expectations Hong Kong stocks wavered as ...
Hong Kong stocks climb as fund managers deem sell-off overdone and investors expect cooled off US inflation data
Fund managers turn bullish towards cheap Chinese stocks after months of sell-off, as US Consumer Price Index data due today is expected to show inflation cooled, prompting bets that interest rates ...