Evergrande, HNA units ordered to liquidate by Hong Kong judge
UNITS of two high-profile Chinese companies received Hong Kong court orders to liquidate, the latest in a string of wind-up decisions in the city as creditors ramp up their legal efforts…
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Eternal Beauty, China’s Largest Fragrance Distributor, Revives Hong Kong IPO Bid
Eternal Beauty, China‘s largest fragrance distributor, has recently resubmitted its main board listing application in Hong Kong. The company initially filed for an IPO last July. According…
China’s CATL to file for at least US$5 billion Hong Kong listing this week: sources
CHINESE battery giant CATL plans to file a Hong Kong listing application this week to raise at least US$5 billion, according to two sources with direct knowledge of the matter. The filing…
Chinese tea drinks firm Guming aims to raise US$202 million in Hong Kong IPO
CHINESE bubble tea drinks company Guming Holdings is aiming to raise up to US$202 million in a Hong Kong initial public offering (IPO), according to regulatory filings on Tuesday (Feb 4).…
Hong Kong, Taiwan markets drop as Asia-Pacific markets fall on Trump tariff fears
ASIAN markets fell at the open on Monday (Feb 3) after US President Donald Trump announced tariffs on goods from China, Canada and Mexico over the weekend. As at 10 am on Monday, Hong…
Hong Kong central bank keeps base rate unchanged as Fed holds steady
THE Hong Kong Monetary Authority (HKMA) left its base rate unchanged at 4.75 per cent on Thursday (Jan 30), tracking a move by the US Federal Reserve to keep rates steady. Hong Kong’s…
This Hong Kong newspaper seller is preparing for a yuan crash
Currency traders looking for their next big idea could do worse than talk to Wong, who runs a news stand in Hong Kong’s Central District. Her business is one of many street stalls that…
China’s battery giant CATL hires banks for first-half Hong Kong float: sources
CHINESE battery giant CATL has hired banks, including JPMorgan and Bank of America, to work on a Hong Kong listing, in what could be one of the city’s largest offerings in 2025, two people…
Ultraman toymaker Bloks surges after blockbuster Hong Kong IPO
SHARES of Bloks Group, the popular Chinese maker of Ultraman and Transformers figurines, jumped as much as 82 per cent in their Hong Kong trading debut after the company’s US$215 million…
Hong Kong eases investment thresholds to attract family offices
HONG Kong is easing the requirement of its capital investment entrant scheme, bolstering efforts to attract family offices and lift the city’s status as a global wealth hub. Investments…
OCBC sells stake in Hong Kong Life Insurance for HK$589.3 million
The sale is not expected to have an impact on the group’s net tangle assets or earnings per share OCBC has agreed to sell its entire stake in Hong Kong Life Insurance to a Hong Kong…
China’s CATL to seek Hong Kong listing
CHINESE battery manufacturer CATL said on Thursday (Dec 26) it plans to seek a listing in Hong Kong, a Shenzhen Stock Exchange filing showed. CATL plans to issue offshore H-shares and…
Singapore pulls ahead of Hong Kong in race to be crypto hub
SINGAPORE forged ahead with efforts to formulate a digital assets hub in 2024, while rival financial centre Hong Kong has struggled to gain traction. Singapore doled out 13 crypto licenses…
Battery-maker CATL considers Hong Kong listing to raise US$5 billion
CONTEMPORARY Amperex Technology Co Limited (CATL) is considering a second listing in Hong Kong that could raise at least US$5 billion, making it the city’s biggest since early 2021,…
Hong Kong watchdog searches finance firms’ offices in Nasdaq listings probe
HONG Kong’s securities watchdog last month searched the offices of about a dozen finance firms and individuals as part of a probe of company listings on the Nasdaq exchange, according to…
Boutique bank Raine to shut Hong Kong base, offers staff Singapore move
RAINE Group plans to close its Hong Kong office and is offering the staff to relocate to Singapore as the New York-based boutique adviser seeks to consolidate its operations in Asia,…
Singapore, Hong Kong to make up half of StanChart’s affluent business in ‘ambitious’ expansion plans
It is targeting US$200 billion in new assets and double-digit income growth in its wealth business over the next five years SINGAPORE and Hong Kong will continue to make up half of…
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…
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…
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…