Hi, it’s Will Davies in Hong Kong, where our reporters have been tracking what is set to be the biggest listing by a Chinese company in two years—providing a nice boost to the city’s IPO market. Also ...
Hong Kong Set to Keep Stock Market Closed All Day on Typhoon
Hong Kong is expected to scrap trading of its $4.9 trillion stock market on Friday as the city extends a storm warning due to Super Typhoon Yagi, which skirted the region overnight toward southern ...
Hang Seng Bank names audit head
Hong Kong-based Hang Seng Bank has appointed Derek Ngai as its head of audit, effective October 7. Ngai will be succeed Jennifer Zhou, who will complete her six-year tenure at Hang Seng Bank on ...
HSBC, 13 other lenders pledge to support Hong Kong SMEs amid financing struggles
Fourteen banks active in lending to the city’s small businesses have pledged to step up lending efforts to support their financing needs.
Midea to raise US$3 billion as ‘White Goods’ giant eyes Hong Kong’s biggest IPO since 2021
Midea Group, the world's biggest home appliance maker, is set to become the largest initial public listing (IPO) in Hong Kong in more than three years, as it aims to raise at least US$3 billion, ...
Hong Kong to play key role in China’s financial opening-up: Bund Summit
Hong Kong will play a "unique and crucial role" in promoting China's high-level financial opening-up, said Paul Chan Mo-po, financial secretary of the Hong Kong Special Administrative Region, at the ...
Hong Kong finance minister Paul Chan pledges more connection plans with mainland
Minister hinted at the launches of more links that will better connect Hong Kong markets with those on the mainland.
China’s Midea Group to raise US$3 billion in Hong Kong’s biggest IPO in 2 years
The world’s biggest home appliance maker is likely to start the book building process as early as Monday, according to a source.
China’s Midea Group to launch at least US$3 billion share offering in Hong Kong: sources
CHINESE home appliance maker Midea Group plans to launch a share offering in Hong Kong to raise at least US$3 billion as early as Sep 9, said two sources, in the city’s largest deal in more than a ...
HANG SENG BANK (00011.HK) Appoints Derek Ngai as Head of Audit, Effective From 7 Oct
HANG SENG BANK (00011.HK) announced the appointment of Derek Ngai as the Head of Audit, effective from 7 October 2024. It is understood that Ngai served as the Head of Audit for Hong Kong and Macau at ...
Hong Kong to offer more yuan products to support its internationalization: Financial Secretary
Hong Kong will create better environment for expanding yuan usage, offering more yuan products and risk management tools to enable international investors to use yuan for trade and investment, Hong ...
Hong Kong Warns of Flight Disruptions as Super Typhoon Nears
Hong Kong will issue its third-highest storm warning later Thursday as Super Typhoon Yagi skirts the city and tracks toward southern China, with coastal regions bracing for destructive winds and heavy ...
Australian business urged to use Hong Kong as gateway to mainland China
Hong Kong’s financial secretary, Paul Chan, has urged Australian companies doing business in China to consider listing on the Hong Kong Stock Exchange.
Bond investors eye Hong Kong as offshore RMB hub as China access grows
Greater liberalisation and new access schemes aim to help offshore investors tap China's vast bond market, plus give them tools to better manage risk and liquidity. How can fixed income portfolios ...