Hong Kong flag carrier Cathay Pacific Airways has completed its buy-back of all warrants issued to the government at HK$1.53 billion (US$196 million), the airline’s chief has said.
China’s Midea to Raise $4 Billion in Hong Kong’s Biggest Listing This Year
Chinese appliance maker Midea has priced its initial public offering at the top end of the guided range in what could be Hong Kong’s biggest listing this year.
Best domestic bank for the Greater Bay Area: Hang Seng Bank
Hang Seng Bank has made robust progress with its efforts to expand its footprint and offering across the Greater Bay area.
Best Chinese bank for the Greater Bay Area: Bank of China (Hong Kong)
Bank of China (Hong Kong) has demonstrated a strong focus on advancing cross-border financial innovation in the Greater Bay Area.
Southeast Asia and Middle East want more business ties with Hong Kong
Analysts speaking at the Belt and Road Summit urged that cooperation between these regions and Hong Kong should be nurtured.
Hong Kong police arrest 14 syndicate members over alleged laundering HK$230 million
Suspects allegedly laundered money from 43 bank accounts linked to dozens of job and investment scams, with victims losing over HK$18 million.
HKIC invests in Ninenovo, Emaldo, GeneSense to expand Hong Kong’s strategic portfolio
Hong Kong Investment Corporation (HKIC) has identified three projects in biotechnology, sustainable energy and health for investments, as the HK$62 billion (US$8 billion) strategic fund manager ...
Midea prices Hong Kong IPO – biggest in 3 years – at top of range to raise US$3.46 billion
The initial public offering (IPO) of Chinese appliance maker Midea has been priced at the top of the anticipated range amid intense investor interest, as the blockbuster deal gives Hong Kong's fund-raising market a much-needed shot in the arm after more ...
Washington’s Warning on Hong Kong Is a Wakeup Call
Hong Kong’s reputation as a top-tier global financial hub has taken another hit. A recent US advisory is urging American companies operating there to consider the legal and regu ...
Can Xi Jinping take Hong Kong “from stability to prosperity”?
In the international firms that fill Hong Kong’s high-rise office blocks, the mood is far from buoyant. When the American Chamber of Commerce in Hong Kong surveyed its members at the end of 2023, it ...
A CEO went missing. Then his bank got a mysterious bill for $11 million
A Chinese investment bank known for making some of the biggest deals in the country’s tech sector during its heyday has revealed it received a massive bill for 78 million yuan ($11 million) related to ...
Hong Kong in talks with UAE and Saudi sovereign wealth funds for Asia investments
Hong Kong is in talks with sovereign wealth funds in Dubai, Abu Dhabi and Riyadh to channel their investments into broader Asian markets including China and enable deals for Asian investors in the ...
China threatens to retaliate over U.S. bill that could shutter Hong Kong trade offices
American lawmakers have passed a bill that could lead to the closure of Hong Kong’s trade offices, drawing condemnation from its government and Beijing.
Appliance Giant Midea’s Big Hong Kong Debut to Set Tone for IPO Revival
Hong Kong’s biggest listing in more than three years presents a major test for the city’s struggling market for initial public offerings.