Global stocks boom: Hong Kong hits record closing high

"The nickname for the Hang Seng is now the Tencent index." Share prices have also been buoyed by renewed optimism over the Chinese economy, and a torrent of money from mainland China flowing into big stocks like bank HSBC (FTRXX), Wong said. Hong Kong ... ( read original story ...)

Xiaomi, Lufax Test IPO Investors’ Credulity

That's not to say the window isn't open for Chinese companies tapping the Hong Kong IPO market. C-Mer Eye Care Holdings Ltd., backed by the tech giant Tencent Holdings Ltd., surged 85 percent in its debut Monday. The eye-clinic chain was oversubscribed at ... ( read original story ...)

Hong Kong, London, New York shortlisted for Aramco IPO

Saudi Arabia has shortlisted New York, London and Hong Kong – singly or in a combination of two or even all three – for the international portion of the listing of national oil company Aramco, two sources with knowledge of the discussions said. ( read original story ...)