Tag: finance

In a remarkable revelation, a recent HSBC survey highlights that affluent individuals in Hong Kong reach multimillionaire status by the age of 39, amassing at least HK$10 million (approximately ...

In a significant milestone for the Hong Kong stock market, Bilan Technology (06082.HK) made its debut today, marking the first IPO of 2026. This launch not only celebrates Bilan as the 'first domestic ...

Established in 1972, Hang Seng Bank has been a cornerstone of the Hang Seng Index, which serves as a barometer for the Hong Kong stock market. The index, named after the bank, includes the largest and ...

In a significant development for investors and market watchers, Hang Seng Indexes Company has announced that Hang Seng Bank Limited will be removed from several key indices if HSBC Holdings' proposal ...

Finance chief hails city’s role as international capital market for Chinese tech, citing AI chipmaker Biren’s 82 per cent gains at its debut.

Baidu (NASDAQ:BIDU) said its artificial-intelligence chip unit Kunlunxin has confidentially filed for a Hong Kong initial public offering, a step the company believes could better reflect the unit's ...

By Yantoultra Ngui and Donny Kwok SINGAPORE/HONG KONG, Jan 2 (Reuters) - Shares of Chinese AI chip designer Shanghai Biren Technology closed up 76% in their Hong Kong debut on Friday, the financial ...

Shares of Shanghai Biren Technology Co., an artificial intelligence chip designer, jumped 82% in their trading debut in Hong Kong on Friday after its initial public offering raised $717 million in one of the market’s hottest sectors.

Chinese AI and semiconductor stocks have rallied since the breakout of the China-made DeepSeek-R1 AI model in January 2025.

Shares in Shanghai Biren Technology - the first initial public offering of the new year on the Hong Kong stock exchange - more than doubled in an emphatic debut on Friday. Investor interest was enthusiastic with the retail portion of the float 2,

Baidu has announced plans to spin off its artificial intelligence chip subsidiary, Kunlunxin, and list the new firm on the Hong Kong Stock Exchange.

The city’s exchange secures global bragging rights after 114 companies raised US$37.22 billion on the main board in 2025, according to LSEG.

HSBC Holdings ( ($GB:HSBA) ) has provided an update. HSBC Holdings plc has published an updated list of its Board of Directors and outlined their ...

Savings rates near zero prevent further prime rate reductions, though Hibor-linked loans will get cheaper, analysts say.