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Tag: ipo

Posted on 12/01/2025

IMF Endorses Hong Kong’s Financial Hub Status and Fiscal Strategy

Article IV Consultation with the Hong Kong Special Administrative Region (HKSAR), the International Monetary Fund (IMF) has recognized Hong ...

Posted on 11/01/2025

Hong Kong urged to spend ‘smarter’, after IMF backs city’s saving efforts

Experts make call a day after report from IMF also advises tax revenue boost to tackle mounting spending pressures as population ages.

Posted on 10/01/2025

Toymaker Bloks surges 82% in Hong Kong debut after sizzling IPO reception

Demand from Hong Kong retail investors was 6,000 times more than the amount of shares allocated to them, the second highest on record Shares of Chinese toymaker Bloks Group surged as much as 82 per ...

Posted on 10/01/2025

IMF Turns Less Upbeat on Hong Kong Growth With 2025 Forecast Cut

The International Monetary Fund lowered its forecast for Hong Kong’s economic growth this year and warned of the risks Asia’s financial capital faces as it integrates more closely with mainland China.

Posted on 10/01/2025

BOC Aviation Relocates Hong Kong Office to Lee Garden One

Discover outperforming stocks and invest smarter with Top Smart Score StocksFilter, analyze, and streamline your ...

Posted on 10/01/2025

Outspoken economist Gao Shanwen leaves his Hong Kong financial firm: source

Gao’s license in Hong Kong lapsed at the end of last month, and he is no longer working at a financial firm in the city, SFC records show.

Posted on 10/01/2025

Why China’s central bank has stopped bond purchases

The bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that's put unwanted downward pressure on the yuan, analysts say.

Posted on 10/01/2025

Chinese Toy Entrepreneur Zhu Becomes Billionaire After Frenzied IPO

Bloks’ Hong Kong initial public offering Friday was 6,000 times oversubscribed and wildly popular after trading began, giving Zhu, the 42-year-old chairman and CEO, a fortune of $1.7 billion mostly ...

Posted on 10/01/2025

Ultraman Toymaker Bloks Jumps 82% in HK After Frenzy Over IPO

Shares of Bloks Group Ltd., the popular Chinese maker of Ultraman and Transformers figurines, surged 82% in their Hong Kong trading debut after the company’s $215 million initial public offering drew ...

Posted on 10/01/2025

Millennium Hedge Fund Spinoff Modular Expands to Hong Kong

Millennium Management spinoff Modular Asset Management plans to expand to Hong Kong, the latest hedge fund arrival as the city tries to defend its status as a global financial hub.

Posted on 10/01/2025

Hong Kong’s Paul Chan meets Asean chief to promote city’s links with bloc

Survey of 600 Greater Bay Area businesses highlights bloc as top overseas destination among firms seeking to diversify supply chains.

Posted on 10/01/2025

‘Think Business, Think Hong Kong’ Opened Doors to More Fruitful, Sustainable Hong Kong-Indonesia Partnership

Some 2,000 participants explored Hong Kong's advantages and strengths - 1,500+ participants attended the full-day symposium to explore the latest business opportunities across sectors and Hong Kong's ...

Posted on 09/01/2025

Hong Kong Chinese stocks set to soar 21% in 2025, says HSBC

HSBC predicts a 21% rise in Hong Kong-listed Chinese stocks by 2025, driven by favourable policy shifts in mainland China.

Posted on 09/01/2025

Hong Kong’s US-dollar peg gets emphatic defence from HKMA CEO

"While risk management is important, let's not be swayed by unfounded concerns," Eddie Yue Wai-man said in an article posted on the authority's website on Thursday. "And let me reiterate, we have no ...

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