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Tag: banking

Posted on 04/01/2026

End of an Era: Hang Seng Bank Set to Exit Hang Seng Index After 53 Years

Established in 1972, Hang Seng Bank has been a cornerstone of the Hang Seng Index, which serves as a barometer for the Hong Kong stock market. The index, named after the bank, includes the largest and ...

Posted on 04/01/2026

Hang Seng Indexes Company: Hang Seng Bank to Be Removed from Multiple Indices After Privatization

In a significant development for investors and market watchers, Hang Seng Indexes Company has announced that Hang Seng Bank Limited will be removed from several key indices if HSBC Holdings' proposal ...

Posted on 04/01/2026

Hong Kong to boost tech and financial services integration amid AI boom: Paul Chan

Finance chief hails city’s role as international capital market for Chinese tech, citing AI chipmaker Biren’s 82 per cent gains at its debut.

Posted on 03/01/2026

Baidu Files Hong Kong IPO for AI Chip Unit Kunlunxin

Baidu (NASDAQ:BIDU) said its artificial-intelligence chip unit Kunlunxin has confidentially filed for a Hong Kong initial public offering, a step the company believes could better reflect the unit's ...

Posted on 03/01/2026

China AI chipmaker Biren soars in Hong Kong debut as IPO wave builds

By Yantoultra Ngui and Donny Kwok SINGAPORE/HONG KONG, Jan 2 (Reuters) - Shares of Chinese AI chip designer Shanghai Biren Technology closed up 76% in their Hong Kong debut on Friday, the financial ...

Posted on 03/01/2026

AI chip designer Biren’s shares surge 76% on debut in Hong Kong

Shares of Shanghai Biren Technology Co., an artificial intelligence chip designer, jumped 82% in their trading debut in Hong Kong on Friday after its initial public offering raised $717 million in one of the market’s hottest sectors.

Posted on 02/01/2026

Chinese tech stocks charged into 2026 with an AI chip IPO surge and more listings lined up

Chinese AI and semiconductor stocks have rallied since the breakout of the China-made DeepSeek-R1 AI model in January 2025.

Posted on 02/01/2026

Chinese tech shares start the new year with a bang as latest IPO doubles on debut

Shares in Shanghai Biren Technology - the first initial public offering of the new year on the Hong Kong stock exchange - more than doubled in an emphatic debut on Friday. Investor interest was enthusiastic with the retail portion of the float 2,

Posted on 02/01/2026

Baidu’s semiconductor unit Kunlunxin files for Hong Kong listing amid AI chip boom in China

Baidu has announced plans to spin off its artificial intelligence chip subsidiary, Kunlunxin, and list the new firm on the Hong Kong Stock Exchange.

Posted on 02/01/2026

Hong Kong’s IPO dominance in 2025 set to carry on into new year

The city’s exchange secures global bragging rights after 114 companies raised US$37.22 billion on the main board in 2025, according to LSEG.

Posted on 02/01/2026

HSBC updates board composition and committee roles under Hong Kong listing rules

HSBC Holdings ( ($GB:HSBA) ) has provided an update. HSBC Holdings plc has published an updated list of its Board of Directors and outlined their ...

Posted on 02/01/2026

Hong Kong interbank rates forecast to drop on expected US monetary easing in 2026

Savings rates near zero prevent further prime rate reductions, though Hibor-linked loans will get cheaper, analysts say.

Posted on 02/01/2026

AI chip designer Biren surges 82% in debut after Hong Kong IPO

Shares of Shanghai Biren Technology Co., an artificial intelligence chip designer, jumped 82% in their trading debut in Hong Kong on Friday after its initial public offering raised $717 million in one ...

Posted on 02/01/2026

Hong Kong’s affluent investors are multimillionaires by the age of 39: HSBC survey

HSBC, the city's biggest lender, saw double-digit growth in the number of Hong Kong-dollar multimillionaires in 2025 Hong Kong's affluent amass at least HK$10 million (US$1.28 million) in liquid ...

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