EV battery maker CALB has applied to list in Hong Kong, in what could become the city’s biggest IPO so far this year The company turned profitable ... ( read original story ...)
Fintech in Hong Kong: 2021 in Review
Home to more than 470 fintech companies, Hong Kong is one of the most dynamic fintech hubs in the world. Despite the ongoing economic challenges of ... ( read original story ...)
HKEX announces first SPAC listing in Hong Kong
Hong Kong Exchanges and Clearing Limited (HKEX) has welcomed the first Special Purpose Acquisition Company (SPAC) listing in Hong Kong. The Hong Kong SPAC listing regime was put i ... ( read original story ...)
Leapmotor applies for initial public offer in Hong Kong, joining Xpeng, Li Auto and NIO as electric car makers call the city their fundraising home
Leapmotor may seek to raise more than US$1 billion, according to market sources familiar with the plan Leapmotor, with a production base in eastern China's Zhejiang province, is poised to join Xpeng, ... ( read original story ...)
Hong Kong’s Hang Seng finishes in negative territory, but ends week more than 4% higher
Hong Kong's Hang Seng index slipped 0.41% on Friday but still saw its first positive week in five following a big gains on Wednesday and Thursday. ( read original story ...)
Coronavirus Hong Kong: relaunch of wage subsidy scheme will benefit up to 1.3 million workers affected by fifth wave, Carrie Lam says
The city leader has said the new round of subsidies to help employers cover payroll ‘will adopt a more targeted approach’, with many larger companies excluded. ( read original story ...)
Hong Kong police arrest 38 over HK$285 million worth of fraudulent loans sought under government-backed pandemic relief scheme
The force’s commercial crime bureau says two syndicates had set up 53 shell companies and submitted false documents to banks. ( read original story ...)
Hong Kong hosts debut Spac listing
Aquila Acquisition Corp floated for HK$1bn ($127.8m) on the Hong Kong Stock Exchange on Friday, becoming the first special purpose acquisition company (Spac) to list in the city. Aquila is backed by ... ( read original story ...)
Leapmotor files for IPO in Hong Kong
Leapmotor filed for an IPO on the Hong Kong Stock Exchange on Thursday. [Photo/Leapmotor website] Leapmotor filed for an IPO on the Hong Kong Stock Exchange on Thursday, making it the fourth China EV ... ( read original story ...)
BOC Tokyo prints first Tona-linked notes
Bank of China on Thursday priced a ¥10bn ($84m) two year floating rate bond linked to the Tokyo Overnight Average Rate (Tona), making it the first deal of its kind to be priced against the Japanese ... ( read original story ...)
First Hong Kong-Listed SPAC Has Slow Start In Trading Debut
Aquila Acquisition Corp., the first special purpose acquisition company to list in Hong Kong, had a slow debut Friday as few investors are qualified to trade the shares.Most Read from BloombergPutin ... ( read original story ...)
Hong Kong’s first SPAC listing sees Aquila shares untraded
Shares in Aquila Acquisition Corp 7836.HK on Friday made a muted debut in the first special purpose acquisition comp ... ( read original story ...)
Hong Kong mulls outlook for scandal-plagued GEM, once touted as Asia’s Nasdaq
The city’s scandal-plagued alternative listing platform has been brought to heel after a rash of scandals, culminating in a clampdown on 60 companies dubbed the "nefarious network.” ... ( read original story ...)
Hong Kong’s Hang Seng falls more than 2% as volatile week continues; Biden and Xi set to speak
U.S. President Joe Biden is set to speak with Chinese President Xi Jinping on Friday, with the two leaders set to discuss topics such as Russia's war against Ukraine and competition between the two ... ( read original story ...)