The Chinese beverage company is testing investor interest in its business with a nearly US$650 million Hong Kong listing, taking advantage of growing risk appetite for new equity offerings in one of ...
China Resources Beverage files for $649 million Hong Kong IPO
Drinks maker China Resources Beverage on Tuesday applied for a HK$5.04 billion ($649.25 million) Hong Kong initial public offering (IPO), an exchange filing showed, making it the city's largest new ...
HSBC probes China Pinnacle wealth business on costs and control, say sources
By Selena Li, Engen Tham and Sumeet Chatterjee HONG KONG/SHANGHAI (Reuters) -HSBC Holdings Plc is reviewing expenses and operational controls at its China digital wealth business Pinnacle, in a move ...
Fewer Hong Kong seniors buy Silver Bonds in latest US$6.4 billion sale
Investors bid to buy 1.4 times more bonds than the government offers, but application numbers and total bid amount decline from last year.
China Resources Beverage’s HK IPO Draws CTG Duty Free
China Resources Beverage Holdings Co. has attracted China Tourism Group Duty Free Corp., the world’s largest travel retailer, and UBS Asset Management AG as some of the cornerstone investors for its ...
Wookpecker International Takes Flight With New Hong Kong IPO Bid
Woodpecker International has reapplied to list in Hong Kong, reporting its profit fell 6.4% in the first half of the year to nearly 39 million yuan The home maintenance platform boasts an all-star ...
Horizon Robotics Said to Draw Alibaba, Baidu as Investors in IPO
Alibaba Group Holding Ltd. and Baidu Inc. are among the cornerstone investors in the Hong Kong initial public offering of Horizon Robotics, a Chinese provider of software and hardware used in ...
Financing, market strategies are key growth hurdles for Hong Kong SMEs, survey shows
SMEs based in Hong Kong and the Greater Bay Area are banking on Chief Executive John Lee to deliver more support measures in his policy address.
Everything You Need to Know About the Hang Seng Index (HSI)
The Hang Seng Index, commonly referred to as the HSI, is a significant stock market index that monitors the performance of the largest and most liquid companies listed on the Hong Kong Stock Exchange ...
Hong Kong stocks sink as traders unimpressed with China’s fiscal stimulus plans
To sustain the bull run in Chinese and Hong Kong stocks that has added US$4.4 trillion in market value over the past three weeks, Beijing would need to roll out fiscal stimulus worth 3 trillion yuan ...
Hong Kong stocks sink, traders unimpressed with China’s fiscal stimulus plans
Hong Kong stocks retreated after the market reopened following a holiday, as the fiscal stimulus unveiled by China’s finance ministry undershot investor expectations. The Hang Seng Index fell 0.4 per ...
HSBC HOLDINGS Buys Back ~8.23M Shrs in Total for $562M in 2 Days
HSBC HOLDINGS (00005.HK) repurchased a total of 8.2283 million shares in the UK and Hong Kong markets on last Thursday and Friday (10-11 Oct), involving a total amount of $562 million, according to ...
Hong Kong authorities reclaim 15,500 public rental flats in 2023-24 financial year
A fifth of recovered flats were a result from mandatory income and assets declarations, says Director of Housing Rosanna Law Hong Kong authorities reclaimed about 15,500 public rental flats in the ...
In charts: Hong Kong’s economy is struggling to recover lost ground
Falling rates and Chinese stimulus offer glimmers of hope but the financial hub’s property, tourism and retail sectors are still suffering ...