Hong Kong’s sixfold jump in share sales drives boom year in Asia
Hong Kong’s having a banner year as it marches towards becoming the second-largest market globally for share sales for the first time since 2012. Proceeds from listings and additional…
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Hong Kong’s equity capital markets bounce back in first half, as Shein IPO looms
HONG Kong’s equity capital markets activity roared back to life in the first half of 2025, driven by global investors sharpening focus on China as the city awaits the possible Shein…
China opens first offshore gold vault and contracts in Hong Kong
The Shanghai Gold Exchange (SGE) has expanded outside mainland China for the first time, with the rollout of two new contracts and a bullion vault in Hong Kong. The launch serves a number…
Billionaire Richard Li’s FWD Group seeks to raise HK$3.47 billion in Hong Kong IPO
RER FWD Group, backed by billionaire Richard Li, is looking to raise HK$3.47 billion (S$565.3 million) through a Hong Kong initial public offering, according to a regulatory…
Hong Kong intervenes to defend FX peg as local currency drops
The Hong Kong Monetary Authority (HKMA) purchased HK$9.4 billion (S$1.5 billion) of local currency. This came after the exchange rate touched the weak end of the permitted 7.75 to 7.85 per…
A US$4 billion Hong Kong family office makes first crypto foray
A MONEY manager to some of Hong Kong’s richest individuals will start investing in crypto, as more favourable regulations attract a wider array of investors to the digital-asset sector.…
Montage is said to hire banks for US$1 billion Hong Kong listing
The US has been trying to curb Beijing’s ambitions to build a domestic semiconductor industry, Chinese chip designer Montage Technology has hired banks for its planned Hong Kong…
Hong Kong stock rally shakes up investor playbook for China
Wall Street entered 2025 with bullish bets on onshore Chinese stocks, counting on Beijing’s stimulus drive to cushion the blow from US tariffs. Six months in, they couldn’t have been more…
Hong Kong Monetary Authority says outlook for local currency uncertain
The city’s de-facto central bank has made the comments in response to the US Federal Reserve’s overnight decision to keep rates unchanged The Hong Kong Monetary Authority (HKMA)…
Uber warns Hong Kong drivers and riders of possible new curbs
Uber Technologies is e-mailing Hong Kong users to raise concerns about rules the city is formulating, warning the government could cap the number of drivers or vehicles allowed on the…
Hong Kong bourse seeks to woo South-east Asia, Middle East firms for second listings
The Hong Kong stock exchange plans to attract listed companies in South-east Asia and the Middle East, in particular, for second listings in the financial hub, its chief executive said, as…
New World sells 138 Hong Kong homes at discount within hours
New World Development and its partners sold 138 apartments in a few hours at a new project after pricing the homes at a discount to lure buyers in Hong Kong’s sluggish real estate…
Shein's planned Hong Kong listing to benefit from wider capital pool, analysts say
Shein’s planned listing in Hong Kong will help the online fast-fashion retailer avoid sharp investor scrutiny of its supply chains while tapping into capital from the mainland and emerging…
Hong Kong-listed ESR gets shareholders’ nod for privatisation
Shareholders of ESR Group on Friday (Jun 13) approved the scheme resolution proposed by a consortium of investors to acquire and privatise the real estate fund manager. The company is…
Ant unit to seek stablecoin permits in Hong Kong, Singapore: sources
Jack Ma-backed Ant Group’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, according to people familiar with the matter. Singapore-based Ant…
Hong Kong to maintain US dollar peg despite geopolitical tensions
Hong Kong will maintain its currency peg to the US dollar, the financial hub’s leader said in an interview published on Monday (Jun 9), despite escalating geopolitical tensions and…
HSBC’s Mark Tucker moves to Hong Kong insurer AIA as chairman
Tucker, HSBC’s former Asia chairman, has been appointed to the same role at Hong Kong-based insurance company AIA Group, the two companies said in separate statements on…
Hong Leong-led consortium secures S$692 million green loan from DBS, OCBC for Tengah’s first private mixed-use project
A consortium led by Hong Leong Holdings has secured a S$692 million green loan to finance the development of Tengah’s first nature-centric private mixed-use residential project. DBS, the…
Online broker Tiger to double Hong Kong headcount, targets offshore China wealth
Tiger Securities plans to double its headcount in Hong Kong over the next two to three years as the online brokerage targets a bigger share of the growing offshore Chinese wealth in the…
HK Express airfares dragged down by rising competition out of Hong Kong, CEO says
An accelerating fall in the price of air tickets from recent high levels is the biggest challenge at Cathay Pacific’s budget arm HK Express, its CEO said, as competition rises after a…
Hong Kong, Saudi bourses seek deeper ties to spur trading volume
Hong Kong and Saudi Arabia are ramping up efforts to boost trading activity as inflows to their exchange-traded funds (ETFs) wane and cross-listings fail to materialise. Hong Kong…
Hong Kong bankers on edge over US$11 billion New World refinancing
Hong Kong bankers have become fixated on an US$11 billion loan deal with unusually high stakes for the financial hub. New World Development (NWD), an embattled property developer…
Shein working towards Hong Kong listing after London IPO stalls
Shein is working towards a listing in Hong Kong after the online fast-fashion retailer’s proposed initial public offering (IPO) in London failed to secure the green light from Chinese…
Hong Kong bourse plans to start zero-day options trading in 2026
Hong Kong’s stock exchange is seeking to launch options that expire within a day as early as the first half of 2026, bringing to the Asian hub an instrument that has driven a boom…