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Tag: finance

Posted on 07/05/2025

Xpeng Is Said to Consider Flying Car IPO in Hong Kong or US

Xpeng Inc. is considering an initial public offering for its flying car unit, Xpeng Aeroht, according to people familiar with the matter.

Posted on 07/05/2025

Asian stocks end mostly higher: CSI 300 up 0.6%, Hang Seng extends winning streak

Asian stocks advanced on Wednesday as confirmation of the first formal US-China trade talks in over a month lifted investor sentiment.

Posted on 07/05/2025

Ant Group Reportedly Considers Hong Kong IPO for Its International Division

Ant Group, the fintech affiliated with Alibaba Group Holding (NYSE: BABA), is reportedly weighing a significant move to list its international arm.

Posted on 07/05/2025

{Hot Stocks}BOC HONG KONG(02388) quoted at HK$33.2, up 1.7%

ET Net News Agency, 7 May 2025] BOC HONG KONG (02388) rose 1.7% to HK$33.2. It hits an intra-day high of HK$33.2, hitting a historical high, and an intra-day low of HK$33.2. The ...

Posted on 07/05/2025

Hong Kong anti-corruption agency charges 7 linked to Macau builder’s IPO

Four financial professionals and three of their relatives face charges in case related to Huarchi Global Group’s 2019 IPO, ICAC says.

Posted on 07/05/2025

Hong Kong’s Crypto Power Play: SFC Lifts Staking Ban and Forges UAE Alliance

Hong Kong's SFC has engaged UAE regulators on virtual asset oversight and approved staking for licensed platforms.

Posted on 06/05/2025

IPOs Supercharge Demand for Hong Kong Dollars, Prompting Intervention

Demand for the Hong Kong dollar hasn’t been this strong since Ant Group planned the world’s biggest IPO in the city almost five years ago. (Beijing later pulled the deal.) The resulting surge is ...

Posted on 06/05/2025

HKMA Sells Hong Kong Dollars as Currency Approaches Peg to Greenback

The Hong Kong Monetary Authority has sold over a 100 billion in Hong Kong dollars in the foreign-exchange market this month.

Posted on 06/05/2025

Shanghai Gold Exchange to Expand Warehouse Network to Hong Kong

The Shanghai Gold Exchange plans to expand its warehouse network to Hong Kong, helping to raise the profile of its yuan-denominated products, including for the precious metal, beyond mainland China.

Posted on 06/05/2025

Chery gears up for US$1.5 billion Hong Kong IPO without Wall Street banks

Chery Automobile’s planned Hong Kong initial public offering (IPO), which people familiar say could raise about US$1.5 billion, is being led by an all-Chinese bank roster after others decided not to ...

Posted on 06/05/2025

Wall Street Banks Said to Steer Clear of Chery’s $1.5 Billion Hong Kong IPO

One of this year’s biggest listings is coming together in Hong Kong without the involvement of Wall Street banks.

Posted on 06/05/2025

Ahead of Hong Kong IPO, China drug maker Hengrui touts partnership with US giant Merck

Jiangsu Hengrui Pharmaceuticals, a leading Chinese developer of novel drugs that recently received approval to go public in Hong Kong, is likely to see an acceleration in growth as its research and ...

Posted on 06/05/2025

Alibaba’s Fintech Arm Ant Group Eyes Hong Kong IPO For Ant International

Alibaba Group Holding (NYSE:BABA) fintech affiliate Ant Group explored listing its overseas arm, Ant International, on the Hong Kong stock exchange. The Jack Ma-founded fintech giant Ant, which ...

Posted on 05/05/2025

Hong Kong’s 8 online banks set sights on managing wealth after 74% deposits growth

Hong Kong's digital banks plan to expand wealth management businesses as deposits and loans surge Hong Kong's eight digital banks have vowed to expand their wealth management businesses in the coming ...

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