Zeekr, Chinese automaker Geely's premium electric vehicle (EV) brand, has put its U.S. initial public offering (IPO) on hold due to a mismatch in valuation expectations, according to two sources with ...
Hong Kong stocks face bad losing streak as weak China manufacturing adds to four-month sell-off
Hong Kong stocks were headed for a fourth month of losses after China’s manufacturing contracted more than expected, adding to signs of faltering recovery. The Hang Seng Index climbed 0.2 per cent 17, ...
Hong Kong set to rebound after hitting a one-month low, Asia markets fall across the board
The country will also see its central bank announce its rate decision today ... while the small-cap Kosdaq was marginally above the flatline. Futures for Hong Kong's Hang Seng index stood at 17,108, ...
Fenbo Holdings Limited Announces Pricing of Its Initial Public Offering
Fenbo Holdings Limited (the “Company” or “Fenbo”), an established provider of personal care electric appliances and toys products to oversea markets, today announced the pricing of its initial public ...
Hong Kong Prosecutes 47 Democrats
Hong Kong does this while insisting to investors it remains a first-class international business center governed by the rule of law. That is getting to be a harder sell. This week the Financial Times ...
Shenzhen and Hong Kong to launch cross-border data verification platform in move to smooth flows across Greater Bay Area
The platform aims to help organisations verify the credibility of cross-order data based on the blockchain, enhancing smooth data flows across Greater Bay Area.
HSBC CEO, who does not use burner phones in China, says he’s still confident in world’s second biggest economy
Noel Quinn, the chief executive of HSBC has said he uses his own tech equipment when he goes to Hong Kong following reports the world’s top consultancies have told their staff to use burner phones ...
HSBC Reportedly Snaps Up HKD in Bulk; Mid-to-long-term HIBORs Spike
Market rumors insinuated that HSBC had been buying large amounts of Hong Kong dollars in the foreign exchange market over the past two days while providing only overnight funds, prompting speculation ...
Asia’s First Saudi Arabia ETF Debuts In Hong Kong, Marking A Key Financial Milestone
The CSOP Saudi Arabia ETF, the first of its kind in Asia, has made a successful debut in the Hong Kong market. This marks a significant strengthening of financial ties between Hong Kong and the Middle ...
Hong Kong’s third-richest man brushes back succession theories: ‘If there’s no family member suitable, we can hire from the outside’
The revelation from Hong Kong’s third-richest man raised eyebrows in a city ... making deleveraging the priority, Chief Financial Officer Edward Lau said in an interview. The company plans to dispose ...
Accelerated crypto approvals in Hong Kong post-JPEX rugpull incident
Hong Kong, a city known for its skyscrapers and dim sum, has been making headlines in the world of cryptocurrency. Following the JPEX rugpull incident, a situation that sent shockwaves through the ...
HSBC CEO says bank ‘well provisioned’ for any further China real estate losses
HSBC is well provisioned against further China real estate losses, its CEO Noel Quinn said on Wednesday, amid a slump for the country's property market that has led to bank writedowns in recent ...
Hong Kong stock market ‘task force’ urges push to win Middle East IPOs
Group set up by territory’s government also recommends outreach in south-east Asia as listings from China dry up ...
Hong Kong lists Asia’s first ETF tracking Saudi equities
CSOP Asset Management on Wednesday (November 29) launched Asia’s first exchange-traded fund tracking the performance of Saudi Arabian equities on the Hong Kong stock exchange.