Affluent clients have diversified their portfolios and shifted to liquid assets such as stocks and bonds amid market volatilities.
Hong Kong IPOs raise over US$9.7bil so far in 2025
Hong Kong's IPO fundraising has surpassed 76 billion HK dollars (about US$9.7 billion) so far this year, soaring sevenfold year-on-year and reaching nearly 90 per cent of last year's total.
HK’s IPO fundraising sees over sevenfold increase this year: financial secretary
The past week was a busy one for Hong Kong's IPO market, which welcomed the largest global IPO this year. Since the start of the year, Hong Kong's IPO fundraising has exceeded HK$76 billion ($9.7 ...
Hong Kong’s ‘bustling’ IPO market exceeds HK$76 billion mark this year
Battery giant powers the city back to global IPO top spot as finance chief highlights ties with the mainland as key to long-term development.
HSBC goes live with tokenized deposits in Hong Kong amid global banking shift
Multinational bank, HSBC Holdings, has launched a blockchain-based settlement service in Hong Kong. The product which tokenizes deposits is the first of its kind by a regulated financial institution ...
Finance exam leaks at Hong Kong University of Science and Technology
More than 100 students studying finance at the Hong Kong University of Science and Technology will have to retake an exam after the test was found to have leaked beforehand. The university confirmed ...
CATL’s IPO pops in Hong Kong
European and Asian investors have pumped record sums into global equity funds that exclude the US market, and shares in Chinese battery maker CATL surged 16 per cent on their debut in Hong Kong. The ...
Ant International Taps HSBC for First Bank-Led Tokenised Deposit Service in Hong Kong
Ant International has become the first corporate client to utilise HSBC’s new Tokenised Deposit Service in Hong Kong, marking a milestone in the city's push ...
Catl shares surge 18% in Hong Kong IPO
Contemporary Amperex Technology Ltd. (CATL) — the world’s largest maker of batteries for electric vehicles, saw its shares surge as much as 18% on its first day of trading in Hong Kong. The company ...
Citi Unveils Citi AI to Enhance Hong Kong Operations
Citigroup Inc. (NYSE:C) is turning to artificial intelligence to enhance internal operations and efficiency. On May 22, the US bank unveiled Citi AI, a new suite of artificial intelligence tools ...
HSBC unveils Tokenised Deposit Service in Hong Kong for treasury management
HSBC’s Tokenised Deposit Service has gone live in Hong Kong. Tokenised Deposit Service is a blockchain-based settlement service that will support treasury management with real-time HKD and USD ...
Hong Kong customs arrests 3 over alleged HK$61 million money-laundering case
Hong Kong customs has arrested three people suspected of laundering about HK$61 million (US$7.8 million) in illegal funds, with the trio allegedly conducting more than 10,000 transactions in a year.
Chinese firms’ stellar Hong Kong debuts spur hopes of valuation shift
H-shares as a whole still trade at a discount of 32% to A-shares, compared with a low of 28% in March, according to the Hang Seng Stock Connect China AP Premium Index ...
Architect Norman Foster, who designed HSBC’s Hong Kong HQ, reflects on his legacy
A thread connects Foster’s groundbreaking Hong Kong projects to his experimental installation at the Venice Biennale of Architecture.