CEO Tony Han talks about Chinese investors, self-driving cars as social good, and why companies like Uber are turning to Chinese robotaxi partners.
Robotaxi race: Pony.ai, WeRide slide in Hong Kong trading debut
Shares of Pony.ai (PONY) and WeRide (WRD) slid more than 10% each in their trading debut in Hong Kong, after the Chinese robotaxi rivals raised around $1.17B in total in their stock offerings. The ...
Singapore bank sets aside record $470mn provision for Hong Kong property loans
Singaporean lender United Overseas Bank set aside its largest ever loan provision of S$615mn (US$470mn) on Thursday in anticipation of potential losses in the Hong Kong and US property markets.
HSBC CEO: ‘Comfortable’ with Hong Kong property market exposure despite continued slump
HSBC CEO Georges Elhedery discusses plans to take Hang Seng Bank private, and the impact its property loan book will have on HSBC's exposure to the continued slump in the market.
Burghley Capital: Neolix Gains Support Ahead of IPO
Funding momentum and a projected Hong Kong IPO refocus investors on autonomous delivery economics, with sovereign capital, regulatory clearances and production scale shaping valuation, liquidity and ...
Chinese EV maker Seres’ shares close unchanged in lacklustre Hong Kong debut
Shares of Seres Group fell on their debut in Hong Kong on Wednesday, the first US$1 billion IPO in the city this year not to register gains on the first day of trading. Seven other IPOs, including ...
Hong Kong Exchange posts record profit as IPO boom lifts Chinese asset demand
Hong Kong’s stock exchange saw record Q3 profits as IPOs and trading surged, reflecting renewed investor interest in Chinese assets.
XTransfer and Bank SinoPac Announce Partnership at Hong Kong FinTech Week
The issuer is solely responsible for the content of this announcement.
Hong Kong Exchange Operator Posts Another Record Quarter on Stronger Trading, Listing Activity
Hong Kong Exchanges & Clearing reported record profit and revenue for the third quarter as trading and listing activity in the Asian financial hub gathered momentum.
Hong Kong Exchange profit soars 56% on strong volumes, IPO boom
The strong earnings were fueled chiefly by a 150% jump in average daily turnover in equities traded on the Hong Kong Exchange, to HK$267.9 billion. Strong trading volumes came amid a technology-fueled ...
Chinese EV maker Seres taps Hong Kong IPO after 1,600% mainland rally
Chinese electric vehicle company Seres will begin trading in Hong Kong on Wednesday, following a massive public share sale that raised HK$14.3 billion, or $1.8 billion, according to Bloomberg. The ...
Chinese EV maker Seres’ shares slump 3.7% on Hong Kong debut
Seres Group’s shares fell on their debut in Hong Kong on Wednesday, as the electric-vehicle maker joined a dozen other mainland Chinese carmakers including BYD, Nio and Xpeng to raise funds in the ...
Hang Seng Indexes Company and Cyberport Partner to Drive Gen-AI Adoption in Index Calculation
Hang Seng Indexes Company and Cyberport are delighted to announce the successful adoption of the first Generative AI ('Gen-AI') use case from the Index Innovation Lab, a joint initiative established ...
Hong Kong’s Financial Secretary expresses confidence in economic recovery
Paul Chan, Hong Kong's Secretary of Finance says the city on track to hit its growth targets this year as he expressed confidence about a recovery. Speaking to Emily Tan at the HKMA Global Financial ...