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.
HSBC tops Nestle as world’s best dividend payer while China Mobile leads Hong Kong peers
The largest bank in Europe and Hong Kong topped the dividend-payout list with a total disbursement of US$11.7 billion for the June quarter, aided by a US$4 billion special dividend with proceeds from ...
Freedom Holdings eyes Hong Kong’s dim sum bond market to fund Kazakh optic-fibre project
The company’s telecoms unit Freedom Telecom plans to spend 107 billion tenge (US$236 million) until the end of 2027 on two projects in Kazakhstan.
China Condemns US Over Bill That Could Shut Hong Kong Trade Offices
China criticized the US over a bill that could eventually lead to the closure of Hong Kong trade offices in America, escalating tensions over the financial hub’s status.
Hong Kong interbank rates slump in downbeat signal
Interbank lending rates in Hong Kong slid to more than one-year lows on Wednesday, pointing to a lacklustre mood and low confidence as idle cash swamps one of Asia's financial capitals. The overnight ...
Investors eat up dim sum bonds from Guangdong province, Hong Kong’s MTR
Issuance of offshore yuan-denominated bonds has jumped 28 per cent this year, according to the Hong Kong Monetary Authority.
Hong Kong Stock Tied to Pop Star Jay Chou Suddenly Plunges 73%
A company backed by the mother of Asia pop megastar Jay Chou saw its stock tumble by a record 73% Wednesday, with no immediately apparent reason.
Hong Kong hits out at US Congress for passing a bill that could close its representative offices
But Beijing and Hong Kong insist the law is necessary to bring back stability to the financial hub. Anna Kwok, executive director of the Hong Kong Democracy Council, a Washington-based group ...
At China’s Zhongzhi, risky practices preceded shadow bank’s collapse
Zhongzhi Enterprise Group, a former leader of China's shadow banking sector that declared insolvency last year, used aggressive and potentially illegal sales practices to sustain its operations as it ...
Hong Kong’s regulatory support, connector role appeal to investors, medical tech firms say
InvestHK has assisted nine medical technology companies to set up or expand their businesses, attracting US$7.7 million of investments.
Midea’s HK IPO to raise $3.5 billion
MIDEA Group, the world's largest home appliance maker, announced on Sunday plans to raise up to HK$27 billion ($3.46 billion) in an initial public offering (IPO) at the Hong Kong Stock Market, ...
Midea seeks to raise US$3.46 billion on HKEX as blockbuster IPOs tiptoe back to Hong Kong
The jumbo IPO would be the city’s biggest new-share offering since JD Logistics raised the equivalent of US$3.64 billion in May 2021.
Hong Kong sells one of its biggest ‘Silver Bonds’ at lower coupon before US Fed’s rate cut
Hong Kong is cutting the guaranteed annual coupon for its ninth round of "Silver Bonds" for investors aged 60 and above to cope with faster inflation, days before a widely expected US interest rate ...