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Tag: finance

Posted on 16/05/2025

Australia’s Queensland to open Shenzhen trade office with Hong Kong as ‘gateway’

State’s trade minister says her government is seeking cooperation with Chinese businesses in infrastructure, healthcare and clean energy.

Posted on 15/05/2025

HSBC-backed Hang Seng Bank to cut jobs as part of restructure

By Selena Li HONG KONG (Reuters) -Hong Kong-based lender Hang Seng Bank said on Thursday that it was restructuring its business and streamlining duplicate roles in a move that would lead to job losses ...

Posted on 15/05/2025

China’s Hengrui Pharma Looks to Raise Up to $1.27 Bln in Hong Kong IPO

Jiangsu Hengrui Pharmaceuticals is planning to raise as much as US$1.27 billion via an initial public offering in Hong Kong, joining a wave of Chinese companies seeking to tap the city's market.

Posted on 15/05/2025

Hong Kong stocks open up marginally

The Hang Seng Index climbed 3.75 points, or 0.02 percent, to open at 23,644 points on Thursday. Mainland stocks opened lower, with the benchmark ...

Posted on 15/05/2025

Hong Kong Investment Banking Jobs Show Signs of Picking Up

Hong Kong’s investment banking job market is showing signs of a recovery, with the number of licensed professionals in the financial hub ticking up as initial public offerings have staged a rebound.

Posted on 15/05/2025

Robotaxi Service Pony AI Stock Falls Despite IPO Buzz – Here’s Why

Pony AI Inc has confidentially filed for Hong Kong IPO to raise capital for expansion. Its stock surged and caught fire for the first time.

Posted on 14/05/2025

This Hong Kong IPO Candidate May Benefit From Policy Tailwinds

This digital payment services provider is likely to get a lift from China's initiatives to boost domestic consumption.

Posted on 14/05/2025

CATL set to price Hong Kong IPO at top end of range as retail investors pile in

World’s largest maker of electric-vehicle batteries could expand its IPO deal to as much as US$5.3 billion if several upsize options are exercised.

Posted on 14/05/2025

Surprise lay-offs hit Hong Kong’s Hang Seng Bank amid HSBC’s sweeping revamp

Some departments lose up to 20 per cent of their staff, while the hardest-hit team is cut in half, sources say.

Posted on 14/05/2025

HSBC Hong Kong signs MoUs to support Chinese companies expanding into Mideast markets

The Hongkong and Shanghai Banking Corporation Limited, through its Hong Kong Office ( HSBC Hong Kong ) has announced the signing of ...

Posted on 14/05/2025

CATL’s $4 bln IPO offers trade truce reality check

The world’s biggest IPO this year excludes U.S. onshore investors. The decision reduces geopolitical risks that loom over Chinese battery maker Contemporary Amperex Technology's $4 billion Hong Kong ...

Posted on 14/05/2025

HSBC’s Hong Kong unit Hang Seng Bank lays off staff as part of sweeping revamp

Some departments lose up to 20 per cent of their staff, while the hardest-hit team is cut in half, sources say.

Posted on 14/05/2025

The largest IPO in Hong Kong stock market this year may be coming! CATL Receives 21 Times Oversubscription, Lithium Battery Sector Heats Up

This week, CATL, a leading domestic lithium battery company, launched its Hong Kong IPO, heating up the lithium battery sector.

Posted on 14/05/2025

Exclusive: Animoca’s Yat Siu says bank-backed stablecoins will drive mass adoption

Animoca’s Yat Siu says bank-issued stablecoins will drive global adoption, as Hong Kong launches a licensed token — just as U.S. lawmakers block a key stablecoin bill, sparking criticism from Treasury ...

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