If successful, the IPO will be the largest in Hong Kong in 2024, eclipsing China Resources Beverage which began book-building on Tuesday for its up to $650 million listing
If successful, the IPO will be the largest in Hong Kong in 2024, eclipsing China Resources Beverage which began book-building on Tuesday for its up to $650 million listing
Hong Kong's market, heavily influenced by listed Chinese stocks, has gained significantly since China's central government increased economic support
Brokers across Hong Kong are experiencing a similar euphoria as the stocks of Chinese companies soar in the wake of landmark stimulus moves by Beijing last week
Tong is expected to take over as the next chairman of the Hong Kong Exchanges & Clearing Ltd. after April 24, according to people familiar with the matter
BYD's Shenzhen-listed shares closed up 1.3% on Monday after stock trade resumed following the Lunar New Year holidays, while its Hong Kong-listed shares slipped 1.9%
Analysts say trend underscores the shift in investor sentiment
Founded in 2007, Chartwell Capital is an independent, Hong Kong-based investment firm that focuses on China's Greater Bay Area and the Asia-Pacific region.
The CSI300 Index ended down 1.3%, its lowest closing level since February 2019. The Shanghai Composite Index declined 1.4% to end at its lowest since April, 2022
A significant portion of Hong Kong's market cap is due to companies from Mainland China choosing to list in the city
The 10-year Treasury yield dipped to 3.659%, the lowest since Oct. 5 in Tokyo trading, after Thursday's US Thanksgiving holiday; the two-year yield slipped to a one-week bottom at 4.44%
CIFI Holdings Group Co., KWG Group Holdings Ltd. and Agile Group Holdings Ltd. were the top gainers in Hong Kong, up more than 10% each.
Alibaba Group Holding Ltd. will seek a primary listing in Hong Kong, entrenching the financial hub's status as an alternative to US markets and paving the way for Chinese investors
Trading in the shares of China's majoThe suspension is the second one this year and comes ahead of the Wednesday USD 2 billion repayment obligation
Hong Kong's Hang Seng Tech Index, which tracks mainland's biggest tech companies, tumbled the most in three weeks
The company had invested heavily to expand business and explore more materials in the nickel sector as the resource is gaining traction amid a global new energy boom
The regulatory threats mean companies with a total market cap of almost $200 bn currently listed only in the U.S. may need to seek a return to Hong Kong or the mainland soon, Bloomberg analysts said
Uncertainty over firm's over $300-bn debt load continues to plague investors
Xi on Thursday outlined plans for a Beijing Exchange to allow "innovative small- and medium-sized" companies to raise capital.
The Hang Seng Tech Index closed 1.9% lower in Hong Kong.