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Posted on 12/10/2023

Hong Kong stocks lead wider gains as banks rally

Hong Kong stocks jump about 2%, leading wider gains in the Asia-Pacific region as China bank stocks rallied and investors looked ahead U.S. inflation data.

Posted on 12/10/2023

Hong Kong stocks rise for sixth session as Nikkei 225 increases

Asia-Pacific stocks mostly increased Thursday, Oct. 12, with shares in Hong Kong rising for the sixth day and the Japanese market showing a third day ...

Posted on 12/10/2023

J&T Global Express Plans $13 Billion IPO Amid Global Consumer Sentiment Dip

Courier startup J&T Global Express is reportedly gearing up for an initial public offering (IPO) launch in Hong Kong, aiming for a valuation of approximately $13 billion. The IPO is expected to raise ...

Posted on 12/10/2023

J&T Global Express valued at US$13bil in Hong Kong IPO – sources

Courier startup J&T Global Express, which launched in Indonesia before expanding across Southeast Asia and China, will be valued at about $13 billion in its Hong Kong initial public offering (IPO) due ...

Posted on 12/10/2023

Hong Kong’s Pro-Beijing Party Proposes Stamp Duty Reduction: A Boost for the Economy?

As economies fluctuate and cities evolve, authorities often revisit financial policies to ensure they remain relevant and effective. One such instance can be seen in Hong Kong, where the Democratic ...

Posted on 12/10/2023

UPDATE 1-J&T Global Express seen valued at $13bln in Hong Kong IPO – sources

HONG KONG/SINGAPORE, Oct 12 (Reuters) - Courier startup J&T Global Express, which mainly operates in Southeast Asia and China, will launch a Hong Kong initial public offering on Monday that will value ...

Posted on 12/10/2023

Luyuan, Shiyuan Daotian Rise in Hong Kong Debut Amid Hopes for IPO Market’s Recovery

By Sherry Qin Shares of Luyuan Group Holding and Shiyue Daotian Group rose on their debut on the Hong Kong Stock Exchange amid hopes the market for ...

Posted on 12/10/2023

Hong Kong retail interest in virtual assets grows but three out of four people invest for short-term reasons, survey finds

Hong Kong retail investor interest in virtual assets has grown in recent years but three out of every four of them have been investing in the asset class based on short-term considerations, a new ...

Posted on 12/10/2023

Hong Kong’s largest pro-Beijing party suggests cutting stamp duty on purchase of second property

Hong Kong’s largest pro-Beijing party has suggested cutting the stamp duty on residents’ purchases of second properties from 15 per cent to six per cent, in an attempt to stimulate the economy.

Posted on 12/10/2023

Hong Kong stocks jump to 5-week high as China’s wealth fund buys shares in Big Four banks in replay of 2015 intervention

Hong Kong stocks rose to a five-week high as China’s sovereign wealth fund increased its stakes in the nation’s four biggest banks for the first time since 2015, suggesting Beijing is seeking to ...

Posted on 12/10/2023

Luyuan, Shiyuan Daotian Shares Rise in Hong Kong Debut

Shares of Luyuan Group Holding and Shiyue Daotian Group rose in their trading debut in Hong Kong amid hopes that the IPO market may be recovering.

Posted on 12/10/2023

Hong Kong property investment fails to breach the HK$10b mark yet again

Total commercial investment volume reached only HK$6.9b in Q3. Despite a q-o-q improvement, Hong Kong’s overall investment market momentum remained low. According to CBRE data, total commercial real ...

Posted on 12/10/2023

HK and mainland shares rally on bank stakes

Hong Kong and Shanghai stocks surged at the opening of trading on Thursday on hopes for broad state support for mainland markets after the China's ...

Posted on 12/10/2023

Hong Kong stocks rise to 5-week high after China’s sovereign fund buys shares in Big Four banks

Hong Kong stocks rose to a five-week high as Central Huijin Investment increased its stakes in the nation’s Big Four state-owned banks for the first time since 2015.

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