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Tag: finance

Posted on 27/07/2026

Innolight said to price Hong Kong IPO below maximum, Bloomberg News reports

Chinese optical parts maker Zhongji Innolight is telling potential investors it will price its Hong Kong listing below the maximum, Bloomberg News reported on Monday, citing people familiar with the ...

Posted on 27/07/2026

Fast-fashion giant Shein swings to US$99m first-quarter loss ahead of Hong Kong listing

Tariffs, war and rising costs squeeze company's margins as IPO looms, testing investor appetite for fast-fashion E-commerce giant Shein swung back to losses in the first quarter of 2026 as rising ...

Posted on 27/07/2026

Upside seen to Alibaba’s scrapped Cainiao IPO

Alibaba Group Holding Ltd's latest move to scrap a planned initial public offering for its unit Cainiao Smart Logistics Network will help strengthen synergy between its logistics services and ...

Posted on 27/07/2026

Shein Moves Closer to Hong Kong IPO as Growth Slows

The e-commerce titan passed its Hong Kong listing hearing, but its prospectus details shrinking margins and escalating regulatory pressure in key Western markets ...

Posted on 27/07/2026

BOC Hong Kong (Holdings) (BNKHF) was upgraded to a Buy Rating at J.P. Morgan

Detailed price information for Boc Hong Kong Hldgs Ltd (BNKHF) from The Globe and Mail including charting and trades.

Posted on 27/07/2026

Eddid Financial, SageRock Capital, and ArtWise Sign MOU to Drive Art Tokenisation and Blockchain Finance in Hong Kong

Eddid Financial, a leading fintech-driven financial services group; SageRock Capital, which integrates traditional finance with blockchain financial innovation; and ArtWise, a specialist in the art ...

Posted on 27/07/2026

Shein flags tariff hits after posting quarterly loss ahead of Hong Kong IPO

By Yantoultra Ngui, Selena Li and Liz Lee SINGAPORE/BEIJING, July 26 (Reuters) - Shein swung to a $99 million quarterly loss due to slowing sales after the U.S. removed an import duty exemption on ...

Posted on 27/07/2026

Hong Kong finance regulators push AI to police AI risks

The programme builds on the Gen AI Sandbox launched in 2024. Hong Kong financial regulators have launched a new initiative to expand the use of generative artificial intelligence (AI) across the ...

Posted on 26/07/2026

Shein reveals key financials ahead of Hong Kong IPO

BEIJING, July 26 (Reuters) - Fast-fashion ecommerce platform Shein recorded net income of $2.064 billion last year, a draft company prospectus published by Hong Kong's stock exchange on Sunday showed, ...

Posted on 26/07/2026

Shein swings to quarterly loss ahead of Hong Kong IPO

By Liz Lee and Yantoultra Ngui BEIJING/SINGAPORE, July 26 (Reuters) - Shein swung to a $99 million net loss in the first quarter of this year, the draft Hong Kong listing prospectus of the online fast ...

Posted on 25/07/2026

HSBC sells Singapore insurance unit to Allianz in $2.1 billion deal

By Selena Li, Sneha Kumar and Yantoultra Ngui July 24 (Reuters) - HSBC has agreed to sell its life and health insurance business in Singapore to Allianz for S$2.7 billion ($2.1 billion), as it trims ...

Posted on 25/07/2026

Hong Kong can act as ‘super converter’ for mainland China, Paul Chan says

Financial secretary says Hong Kong can use 'brand name' to vouch for mainland products and help them sell internationally Hong Kong can take on a new role as a "super converter" for technical ...

Posted on 24/07/2026

UOB strengthens Hong Kong’s role with new Hong Kong CEO

UOB announces plans to strengthen Hong Kong's role as a gateway between China and Asean with new Hong Kong CEO ...

Posted on 24/07/2026

Alipay+ partners with Hong Kong’s Hang Seng Bank for cross-border QR code payments

The digital wallet gateway has added Hang Seng Bank to its cross-border payments network, which amounts to over 50 global financial institutions. Hang Seng mobile app users can now make QR code ...

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