The Hang Seng China Enterprises Index has fallen nearly 20% from its October peak as China's retail spending contracts and Alibaba and Tencent drag down ...
GM-Backed Self-Driving Firm Momenta Said to Near Hong Kong IPO
Momenta Global Ltd. is set to start gauging investor interest for an initial public offering in Hong Kong as early as this week, according to people familiar with the matter.
EU and Hong Kong in talks on new financial services dialogue, envoy says
Ambassador Harvey Rouse highlights scope for cooperation on green finance and innovation as European firms explore opportunities in the Northern Metropolis Senior officials from the European Union and ...
Apple Supplier Bets on Robots, AI Servers in $1.1B Hong Kong Listing
Apple supplier Lingyi iTech seeks a US$1.1B Hong Kong IPO to fund expansion in AI hardware, robotics, smart glasses, and AI servers.
Momenta prepares $1bn Hong Kong IPO at $9bn valuation
The company develops technology it describes as the “brain” for autonomous vehicles. It sells driving assistance systems to carmakers.
Hong Kong’s AFRC sanctions three ex-CPAs after fraud convictions
The Accounting and Financial Reporting Council (AFRC) in Hong Kong has sanctioned three former certified public accountants (CPAs) over misconduct following the reinstatement of their fraud ...
AI-related names will continue to drive Hong Kong’s IPO market: Goldman Sachs
Si Fu from Goldman Sachs talks about Hong Kong's strong IPO pipeline, noting that AI-linked plays continue to dominate but that more industrials and consumer-related firms are starting to get into the ...
Apple supplier Lingyi seeks US$1.1 billion Hong Kong IPO to fund AI and robotics push
The Shenzhen-listed components maker is using a Hong Kong float to fund its push into AI servers, smart glasses and robotics Apple supplier Lingyi iTech is looking beyond smartphones, seeking to raise ...
SoftBank-Backed Robot Maker Gears Up for Hong Kong IPO, Sources Say
Coowa’s valuation stood at more than $3 billion after it raised more than $600 million in its latest funding round, people familiar with the matter said.
Hong Kong to roll out measures boosting offshore yuan trading in July: finance chief
Government wants more listed firms trading stocks in renminbi and will use city's hub status to help mainland Chinese firms expand overseas As Hong Kong marks the 29th anniversary of its return to ...
Hong Kong ‘strategic adaptation ground’ for mainland Chinese tech giants: Paul Chan
Finance chief reflects on recent trip to Shanghai and Nanjing, saying mainland firms increasingly view Hong Kong as platform for global expansion.
Hong Kong only place in China that can adopt model akin to SpaceX, CY Leung says
Former leader says Hong Kong can leverage market forces for rapid growth and urges city to develop services for emerging aerospace industry Hong Kong is the only place in China capable of replicating ...
HSBC Considers Delisting of Hang Seng Bank Amid Strategic Shift
HSBC is considering a $37B privatization of its Hong Kong unit, Hang Seng Bank. The offer implies a 1.8 price-to-book multiple, topping Hang Seng's past trading highs. HSBC will pause buybacks but ...
HSBC and BOCHK back Hong Kong’s wholesale CBDC pilot
Both banks will participate in the pilot project. Hong Kong’s largest banks welcomed a pilot project exploring a digital payment solution for After-Hours Trading (AHT) sessions in the derivatives ...