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Tag: finance

Posted on 04/02/2025

Hong Kong Shares Close Higher Amid Trade Tensions

Hong Kong shares ended higher, with the Hang Seng Index rising 2.8% to 20789.96. The Hang Seng Tech Index added 5.1% to 4977.38. Investors were closely monitoring for the latest tariff-related ...

Posted on 04/02/2025

Hong Kong’s accelerated process for new listings welcomed

The Securities and Futures Commission of Hong Kong (SFC) and the Stock Exchange of Hong Kong (Exchange) published a joint statement on October 18 2024 on the enhanced timeframe that will apply to the ...

Posted on 04/02/2025

Asia’s capital market needs a ‘Taylor Swift’ of IPOs to catalyze listings, venture capitalist says

Asia's "nascent capital market" needs a catalyst — but investors shouldn't be deterred from investing in the region's private markets, experts say.

Posted on 04/02/2025

Chinese tea drinks firm Guming aims to raise US$202 million in Hong Kong IPO

CHINESE bubble tea drinks company Guming Holdings is aiming to raise up to US$202 million in a Hong Kong initial public offering (IPO), according to regulatory filings on Tuesday (Feb 4). Read more at ...

Posted on 04/02/2025

Chinese tea drinks firm Guming aims to raise $202 million in Hong Kong IPO

By Scott Murdoch SYDNEY (Reuters) -Chinese bubble tea drinks company Guming Holdings is aiming to raise up to $202 million in a Hong Kong initial public offering, according to regulatory filings on ...

Posted on 04/02/2025

GPH Ispat to raise $150 Million by listing on the Hong Kong Stock Exchange

GPH Ispat Limited, one of Bangladesh’s leading listed steel producers, has announced its intention to raise $150 million through an initial public offering (IPO) on the Hong Kong Stock Exchange to ...

Posted on 04/02/2025

Vigonvita plans Hong Kong IPO amid biotech boom

Chinese biotech company Vigonvita Life Sciences has filed for an initial public offering (IPO) on the Hong Kong Stock Exchange, as the city continues to attract biotech listings. The move comes as ...

Posted on 03/02/2025

Dollar strength more worrying to Asian markets than Trump’s China tariffs: Hang Seng Bank

Prospects for Asian equities remain positive due to China’s stimulus measures and strong Asean trade links, Hang Seng Bank official says.

Posted on 03/02/2025

HSBC warning as thousands locked out of pensions with no access to savings

HSBC is refusing to transfer £978million in pension savings belonging to thousands of Hong Kong exiles who have fled to Britain. The FTSE 100 bank is withholding funds from tens of thousands of former ...

Posted on 03/02/2025

HKMA Invites Banks to Evaluate RMB Trade Financing Biz: Rumor

In January, the Hong Kong Monetary Authority (HKMA) and the People's Bank of China (PBOC) announced new measures to deepen financial cooperation between Hong Kong and mainland China, including the ...

Posted on 03/02/2025

HSBC HOLDINGS (00005.HK) Repurchases 2.5M Shrs Last Tue for ~$200M

HSBC HOLDINGS (00005.HK) announced that it purchased 2.5 million shares on the Hong Kong Stock Exchange last Tuesday (January 28) at prices ranging from $79.85 to $79.95 per share, with a weighted ...

Posted on 03/02/2025

Hong Kong Economy Slows in 2024 as Spending, Property Woes Weigh

Hong Kong’s economy grew at a slower pace in 2024 as stagnant consumption and a lackluster property sector weighed on activity, highlighting the risks ahead for Asia’s financial capital amid a looming ...

Posted on 03/02/2025

Financial reserves ‘can help Hong Kong public universities weather funding cuts’

Lawmaker Lau Chi-pang also says percentages of any planned funding cuts by government should be same for all public universities.

Posted on 03/02/2025

Hong Kong is well positioned to weather trade-war fallout, HKMA CEO says

Economy could take some hits, but diverse export destinations and Beijing’s support will mitigate negative impacts, Eddie Yue says.

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