Shares of Chinese car maker Chery Automobile jumped 11.2% as the company started trading on the Hong Kong Stock Exchange on Thursday following its $1.2 billion initial public offering.
China’s Chery Automobile shares soar 11.2% in Hong Kong trading debut
By Scott Murdoch SYDNEY (Reuters) -Shares of Chinese car maker Chery Automobile jumped 11.2% as the company started trading on the Hong Kong Stock Exchange on Thursday following its $1.2 billion ...
HSBC Asks Hang Seng Bank to Clean Up Bad Hong Kong Property Debt
HSBC Holdings Plc has taken the unusual step of getting directly involved in pushing its Hong Kong subsidiary, Hang Seng Bank Ltd., to offload portfolios of bad real estate debt, underscoring the ...
China to Roll Out Measures to Support Yuan Bond Development in Hong Kong
Zou Lan, deputy governor of the People's Bank of China (PBOC), said the central bank will support various foreign institutions in conducting repo businesses to enhance the efficiency of yuan bond ...
HSBC Starts Tokenized Deposits to Move Currencies Across Borders
HSBC Holdings Plc has started a tokenized deposit service that would allow its corporate clients to securely move currencies across borders.
Asia Centric: Hong Kong’s Wealth Boom and Digital Future
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...
China’s AI Robot Darling Eyes $200M Hong Kong IPO as Investor Frenzy Heats Up
Meituan-backed Mech-Mind joins Zhipu and Huayan in a high-stakes race for capital amid Hong Kong's AI bull run.
Chinese tech firms rush to list in Hong Kong to fund overseas expansion
The increased interest from mainland companies reflects the city’s status as the world’s No 1 spot for fundraising.
Hong Kong financier SeaKapital mulls strategy switch to navigate Trump’s port fees
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Countdown to Avita Technology’s Hong Kong Stock Listing, IPO Expected in Q2 2026
From January to August this year, Avita Technology's cumulative sales reached 79,711 vehicles, representing a year-on-year increase of 119.18%; the main model, Avita 07, sold 30,717 units, accounting ...
Zijin Gold delays $3.2 billion IPO as typhoon pummels Hong Kong
The company pushed back the listing, set to be the world’s second largest this year, by a day to Sept. 30, it said Wednesday, citing bad weather.
Zijin Gold’s Blockbuster Listing Delayed as Typhoon Hits Hong Kong
A super typhoon that is lashing Hong Kong with heavy rains and winds has halted a blockbuster initial public offering by the gold unit of one of China’s biggest miners.Citing the bad weather, Zijin ...
Big banks unwind Hong Kong retreat as dealmaking booms
Deutsche Bank has relocated 50 staff to the city over the past two years and has increased its dealmaking team by 10 per cent. This year, the bank has hired Eric Whorton, a managing director in the ...
Hong Kong’s office market sees resurgence with IPO boom, demand from Chinese law firms
Office-leasing activity in August grew for a fifth straight month, with tenants absorbing 313,800 sq ft of net space, according to JLL.