The leading seller of meat and fresh produce on the mainland plans to open 1,400 stores in the next five years using proceeds from the IPO The company behind Qdama, a mainland Chinese meat and fresh produce chain known for its hefty discounts that rise by the hour every evening until the products are completely ...
CK Hutchison taps Goldman Sachs, UBS for AS Watson IPO, Bloomberg News reports
Hong Kong-based CK Hutchison has picked Goldman Sachs and UBS Group AG to work on the planned initial public offering of its unit A.S. Watson Group, Bloomberg News reported on Friday, citing people familiar with the matter.
Hong Kong’s financial regulator opens door for spot crypto ETFs
Hong Kong’s Securities and Futures Commission said cryptocurrency transactions conducted by ETFs must occur through SFC-licensed crypto platforms or authorized financial institutions. Hong Kong is ...
Hong Kong regulator fines HSBC HK$4.2 million for disclosure failures in research reports
The Securities and Futures Commission (SFC) has reprimanded and fined The Hongkong and Shanghai Banking Corporation Limited (HSBC) HK$4.2 million for breaching the disclosure requirement when ...
Hong Kong’s financial industry: Ensuring minority women have a seat at the table
“In order to tackle society’s most pressing challenges, collaboration between businesses and the non-profit sector is crucial. We recognize that through our collective efforts, we’re able to maximize ...
XPeng taps JPMorgan Chase, Morgan Stanley for flying car Hong Kong IPO
XPeng, the Chinese electric car manufacturer, has brought on JPMorgan Chase and Morgan Stanley to handle a public listing of Aridge, its flying car division, in Hong Kong, according to a Bloomberg ...
Financial firm Ares doubles Hong Kong office footprint as real estate outlook improves
Rents for prime offices in Central could rise up to 5 per cent, according to JLL, while Knight Frank expects a gain of as much as 8 per cent.
Xpeng’s flying car unit readies Hong Kong IPO for take-off
Aridge, formerly AeroHT, eyes listing this year as it aims to accelerate its efforts in the low-altitude market, sources say.
BrainCo Files Confidentially for Hong Kong IPO, Targeting Several Hundred Million Dollars
People familiar with the matter said BrainCo has confidentially filed for a Hong Kong initial public offering, a move that could position it as the first of China's so-called Hangzhou Six to reach ...
Xpeng is said to hire banks for flying car unit IPO in Hong Kong
Xpeng Inc has hired banks to work on an initial public offering of its flying car unit in Hong Kong, according to people familiar with the matter.
MiniMax shares double in IPO debut
MiniMax Group Inc, one of China's largest generative artificial intelligence (AI) startups, surged in Hong Kong after an initial public offering that raised US$619mil.
Which stocks will Hang Seng Bank shareholders consider with their US$14 billion windfall?
Investors could favour high-dividend stocks like HSBC and Bank of China as they seek stable returns and growth potential, analysts say.
Hong Kong must issue bonds as public works drive capital account deficit: Paul Chan
Hong Kong’s heavy investment in public works will keep the capital account in deficit, highlighting the need for bond issuances to fund critical infrastructure and long-term development, the finance ...
MiniMax Shares Jump 109% After $619 Million Hong Kong IPO
MiniMax Group Inc., one of China's largest generative AI startups, delivered a blockbuster Hong Kong debut after raising $619 million in its initial public offering, highlighting growing investor appetite for Chinese AI software players.