Hong Kong mega development plan to devour villages, wetlands
For almost half a century, Kwok Hoi-yin's humble cottage on Hong Kong's border with mainland China was surrounded by leagues of fishponds and green fields, buffering the modern highrises…
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Hong Kong’s HKBN gets rival takeover interest from I Squared Capital
HONG Kong telecommunications company HKBN said on Monday (Dec 2) it has received a rival non-binding indication from US private equity firm I Squared Capital for a possible takeover. The…
UBS cuts four loan bankers in Singapore, Hong Kong as deal flow slows
UBS Group cut four loan syndication bankers in Asia, according to people familiar with the matter, as elevated funding costs cast a pall over the market. The individuals, who joined as…
Chinese Courier SF Holding to start trading after HK$5.83 billion Hong Kong IPO
CHINA’S SF Holding’s shares are set to debut in Hong Kong on Wednesday (Nov 27), in what is expected to be the city’s final test for major listings this year. In grey-market trading on…
Hong Kong’s private wealth assets rise for first time since 2020
HONG Kong’s total private wealth assets under management rose slightly last year to about HK$9 trillion (S$1.6 trillion), the first annual growth since 2020, according to a report released…
China tells local funds to stop buying LGFV bonds via Hong Kong link
CHINA has effectively banned domestic investors from buying offshore yuan bonds issued by local government financing vehicles through its trading link with Hong Kong, according to people…
Investors eye IPO access as Hong Kong stock link turns 10
A DECADE after China opened up its exchanges to a broad swath of international investors through a trading link with Hong Kong, investors are craving deeper access. With billions of US…
Soros Fund Management to shut Hong Kong office in rejig
SOROS Fund Management, founded by billionaire George Soros, plans to shut its Hong Kong office as part of an administrative reorganisation, but said it will continue to invest in Asia.…
Goldman promotes Singapore, Hong Kong and Japan bankers to partner
GOLDMAN Sachs promoted three Japanese nationals to its highest rank of executives, the most in more than a decade, after a revival in local financial markets helped the Wall Street bank…
Hong Kong’s first De-SPAC listing still leaves sector in limbo
AFTER Hong Kong’s first listing of a firm acquired by a special purpose acquisition company, a long line of such deal vehicles in the city continues to struggle to find targets or receive…
Hong Kong family office partners with top China fund to target the rich
ONE of Hong Kong’s biggest property agencies is ramping up its family office business by partnering with China’s No 2 mutual fund to push wealth management products amid a real estate…
SGX launches Hong Kong SDRs to allow portfolio diversification, exposure to mega-cap listcos
INVESTORS in Singapore can now gain direct exposure to five mega-cap companies listed in Hong Kong and tap into more opportunities to diversify their portfolios through new Singapore…
Horizon Robotics’ shares jump 38% in Hong Kong after US$696 million IPO
SHARES of Horizon Robotics jumped nearly 38 per cent early in their trading debut in Hong Kong on Thursday (Oct 24), adding to optimism over a revival in initial public offerings (IPOs) in…
Hengrui Pharmaceuticals is said to weigh second listing in Hong Kong
JIANGSU Hengrui Pharmaceuticals is considering a second listing in Hong Kong that could happen as soon as next year, according to people familiar with the situation. The company is in…
China’s Horizon Robotics raises HK$5.4 billion in biggest Hong Kong IPO of 2024
CHINESE autonomous driving firm Horizon Robotics has priced its shares at the top of its range to raise HK$5.4 billion (S$913.4 million) according to a term sheet seen by Reuters, making…
Hong Kong marks busiest IPO week in nearly two years with China stimulus giving hope to dealmakers
Hong Kong has recorded its busiest week for new (initial public offering) IPO launches in almost two years with deals opened to raise up to US$1.3 billion, giving bankers and investors…
Horizon Robotics seeks US$696 million in Hong Kong IPO, in what would be city’s largest in 2024
CHINESE autonomous driving firm Horizon Robotics is aiming to raise up to US$696 million in a Hong Kong initial public offering (IPO), as the city’s listings market shows signs of renewed…
Hong Kong Economy Set to Be Focus of John Lee’s Policy Speech
(Bloomberg) -- Hong Kong’s leader is expected to lay out a policy agenda focused on boosting the city’s economy during his third annual address on Wednesday, including a potential cut to a…
DBS head of institutional banking group in Hong Kong to depart
DBS Group Holdings’ head of institutional banking group Hong Kong, Wallace Lam, will be leaving South-east Asia’s biggest lender, according to a spokesperson. Boris Chan, currently head of…
Hong Kong stocks plunge more than 9%, biggest fall in 16 years
Hong Kong’s Hang Seng Index dived 9.41%, or 2,172.99 points, to 20,926.79. Hong Kong stocks plunged more than nine per cent on Tuesday (Oct 8), their biggest fall in 16 years, after China…
Banks tap Hong Kong’s discount window for most funds since 2019
HONG Kong banks borrowed the largest amount of short-term cash in almost five years from authorities, a move pointing to a sudden demand for liquidity. The Hong Kong Monetary Authority –…
Asia: Crude stable after Israel-Iran surge, Hong Kong stocks resume gains
OIL prices stabilised on Friday (Oct 4) after soaring on fears about the Middle East crisis as investors await Israel’s response to Iran’s missile attack, while shares in Hong Kong resumed…
Stock brokers in Hong Kong swamped by 'once in a century' stock frenzy
The Hang Seng Index’s one-day move was the biggest since November 2022, when the end of China’s zero-Covid policies gave a shot in the arm. | Photo: Bloomberg 4 min read Last Updated : Oct…
Hong Kong equities soar on China stimulus; property, financial stocks lead rally
CHINESE property and financial companies led rally in Hong Kong stocks on Wednesday (Oct 2), as Beijing’s stimulus measures and easier home purchase rules continued to buoy sentiment. The…