Hong Kong offers enormous investment opportunities for international money managers as the city positions itself as a hub for technologies, healthcare and green finance as well as a conduit for ...
WuXi XDC eyes $470.5M IPO to fuel manufacturing expansions at home and abroad
WuXi XDC is planning to sell 178.45 million in shares in an upcoming Initial Public Offering (IPO) in a bid to rake in 3.68 billion Hong Kong dollars ($470.5 million), according to a prospectus filing (PDF). The stock is expected to start trading on the ...
Hong Kong economy to grow by 3-4% this year on slower-than-expected recovery in tourism and trade, finance chief warns
Financial Secretary Paul Chan says ongoing weakness in exports and fewer tourists in city have affected economy Chinese Vice-Premier He Lifeng tells high-powered summit that Hong Kong has Beijing's ...
Banking chiefs say market vulnerable to ‘geopolitical escalation’, regulatory push
By Selena Li HONG KONG (Reuters) -Top global banking chiefs on Tuesday said they are concerned the financial sector's next crisis may come from rising geopolitical uncertainty which could test ...
Wuxi Biologics Unit Plans to Raise $470.5 Million in Hong Kong IPO
A Wuxi Biologics unit plans to raise up to $470.5 million through an initial public offering in one of Asia’s biggest stock markets.
Hong Kong’s property, finance, ESG and technology through the pens and key strokes of the Post’s veteran journalists
With more than a century of experience between them, the stories of the Post’s veteran journalists recount Hong Kong’s transformation in real estate, finance, ESG and technology.
More global firms quietly shifting out of Hong Kong as city tries to lure them back
Notion of ‘headquarters’ has already evolved, with MNCs learning from the painful lessons of the city’s Covid-19 shutdown. Read more at straitstimes.com.
Alibaba’s Cainiao makes buyout offer for local rival Best ahead of planned blockbuster Hong Kong IPO
Chinese logistics firm Best recives buyout offer from consortium including existing investor Cainiao, the Alibaba logistics arm planning a US$1 billion IPO in Hong Kong.
China lent $1.34 trln in 2000-2021, focus shifts from Belt and Road to rescue finance-report
Chinese financial institutions lent $1.34 trillion to developing countries from 2000 to 2021, U.S. researchers at AidData said in a report that showed the world's biggest bilateral lender switching ...
China’s Vice-premier He Lifeng to headline Hong Kong bankers’ summit, hot on heels of appointment to lead top finance body
He will participate virtually and three top mainland Chinese regulators will attend in person for the first time as the Global Financial Leaders’ Investment Summit gets under way on Tuesday, ...
Hong Kong to allow retail access to spot crypto ETFs
Hong Kong is considering the introduction of exchange-traded funds (ETFs) that invest directly in cryptocurrencies.
Hong Kong treats top bankers to lavish banquet, cultural show to launch Global Financial Leaders’ Investment Summit
The HKMA hosted 300 global bankers at the Palace Museum in the lead up to the second edition of its Global Financial Leaders’ Investment Summit that takes place over the next two days.
Hong Kong’s SFC considers spot crypto ETFs in pursuit of a global DeFi hub
The Securities and Futures Commission (SFC) of Hong Kong, known for its stringent regulations and oversight of traditional financial markets, is now dipping its toes into the intriguing and rapidly ...
30 years of HKMA: Hong Kong’s de facto central bank drives fintech and green finance innovation, grows global stature
From its role in Hong Kong’s transition from British colony to China’s special administrative region, the HKMA is now carving out a place as a leader in fintech, financial regulations and green ...