Business
Hong Kong stocks retreat from four-year high as investors pocket gains
Hong Kong stocks fell on Friday (Oct 3) as investors locked in gains after the benchmark index hit a new four-year high in the previous…
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Business
Budget Chinese carrier Spring Airlines mulls Hong Kong listing: sources
The airline has been more consistent in posting profit than the country’s main state-run carriers Chinese budget carrier Spring Airlines…
Business
Hong Kong funding cost seen sliding on Fed cuts, slow lending
Bank loans as a proportion of deposits have risen since June, but they still remain near the lowest level since 2009 The cost of overnight…
Business
CICT overtakes Hong Kong’s Link Reit to become Asia’s largest real estate investment trust
A main factor behind this is the strength of the Singapore dollar, which has gained 5.4% against the greenback so far this year, while the…
Business
Zijin Gold soars in Hong Kong debut after world’s top IPO since May
The prospect of buying into an undervalued blue-chip stock attracts a marquee list of cornerstone investors, including GIC Zijin Gold…
Business
Hong Kong and India drive banner year for equity capital markets
Bankers are betting that India will build on 2024’s record IPO haul, even as investors push down valuations BANKERS in Asia are readying…
Business
Miniso to spin off Top Toy, list it in Hong Kong
The spinoff and subsequent listing would increase Top Toy’s operational and financial transparency Miniso said on Friday (Sep 26) it will…
Business
‘Finally’: Citi investment strategist lauds SGX initiatives, says ‘no reason’ Hong Kong should dominate Asian equity markets
It is great that Singapore is “finally” doing something about its equity markets, said Ken Peng, head of Asia investment strategy at Citi…
Business
China central bank unveils steps to boost yuan bond market in Hong Kong
China’s central bank will roll out further measures to support the development of Chinese yuan bonds in Hong Kong and accelerate global…
Business
Zijin Gold delays US$3.2 billion IPO as typhoon pummels Hong Kong
Zijin Gold International delayed its US$3.2 billion listing after Super Typhoon Ragasa slammed Hong Kong, bringing the city to a…
Business
Hong Kong bankers pack luxury hotels near offices for typhoon trading
Ragasa has pushed some conferences and forums scheduled for Wednesday and Thursday online, including a gathering on fixed income and…
Business
How typhoons can delay big IPOs like Zijin Gold’s US$3.2 billion deal in Hong Kong
One could be forgiven to question how a storm could delay one of the world’s biggest deals in a sophisticated financial centre like Hong…
News
Hong Kong’s Cathay says to axe over 500 flights as typhoon nears
HONG Kong-based airline Cathay Pacific said on Monday (Sep 22) it expected to cancel more than 500 flights as Super Typhoon Ragasa was…
Business
Chery Automobile said set to price Hong Kong IPO at high end of range
Chery Automobile is set to price its Hong Kong initial public offering (IPO) at the high end of a marketed range after strong demand for…
Business
Chery Automobile set to price Hong Kong IPO at higher end of range
Chery Automobile is set to price its Hong Kong initial public offering (IPO) at the high end of a marketed range after strong demand for…
Business
Hong Kong central bank cuts interest rate, tracking Fed; banks follow
Hong Kong’s central bank on Thursday (Sep 18) lowered its base interest rate by 25 basis points to 4.5 per cent, tracking a cut by the US…
Business
Hong Leong Asia rises 4.6% after UOBKH lifts target price on H1 earnings, data-centre exposure
Hong Leong Asia shares rose on Thursday (Sep 18) after UOB Kay Hian (UOBKH) lifted its target price for the counter earlier this week. As…
Business
Hong Leong Asia closes up 2.9% as UOBKH lifts target price on H1 earnings, data-centre exposure
Hong Leong Asia shares rose on Thursday (Sep 18) after UOB Kay Hian (UOBKH) lifted its target price for the counter earlier this week. As…
Business
Hong Kong to speed up development of border tech hub, John Lee says
Absent bold new measures, the city’s housing market is likely to remain under pressure, with home values hovering near their lowest since…
Business
China’s Chery Automobile seeks up to HK$9.1 billion in Hong Kong IPO
Chery Automobile is seeking to raise as much as HK$9.1 billion (S$1.5 billion) in a Hong Kong initial public offering (IPO), kicking off…
Business
Hong Kong equity deals boom as Chinese firms rush to market
The city’s benchmark Hang Seng Index is up more than 30% this year, despite a plunge in April that wiped out most of its earlier gains…
Business
Hesai jumps in Hong Kong debut after HK$4.2 billion listing
The company plans to use the proceeds to help lower the manufacturing costs of lidar systems Hesai Group, the world’s largest maker of…
Business
Hong Kong pitches itself as assembly base for China EV makers
Hong Kong is in talks with several Chinese electric-vehicle (EV) makers to establish local EV manufacturing, according to people familiar…
Business
PC Partner proposes delisting from Hong Kong to strengthen operations, lower costs
This will leave the company with just its primary listing on the Singapore Exchange Electronic company PC Partner Group has proposed a…