This strangely parallels the new normal where Hong Kong is back to business – but it is a different economy, dominated by the fortunes of the Chinese economy. Brave talk …
China’s major stock exchanges are facing a tough start to the year as proceeds from initial public offerings (IPOs) in Hong Kong, Shanghai and Shenzhen dwindled. Tighter regulations and the …
However, the city’s battered market has hurt the index compiler’s ambitions of hitting the target any time soon as investor sentiment remains weak because of the ongoing slowdown in China …
Hong Kong stocks advanced as trading resumed after the Lunar New Year holiday, giving the Year of the Dragon an auspicious start. Gains in industry leaders like Tencent and Alibaba …
So, what’s wrong with the Hong Kong market? Compared to the late 1990s, Hong Kong companies have stronger balance sheets, greater global competitiveness, and a more stable currency regime. Looking …
Banks and brokers are waiving a range of fees for retail investors eyeing Airport Authority Hong Kong (AAHK)’s highly anticipated HK$5 billion (US$640 million) bond, which opens for subscription on …
“The market needs more good news,” said Gary Ng, a senior economist for Asia-Pacific at Natixis. “Any successful IPOs with reasonable valuation will serve as an anchor to stabilise sentiment.” …
Chinese biopharmaceutical manufacturer HighTide Therapeutics is aiming to raise HK$278 million (US$35.6 million) from an initial public offering in Hong Kong, a fraction of the originally planned US$200 million. The …
Jack Ma’s office said the founder of Alibaba Group Holding remains “very positive” about one of China’s biggest technology companies, giving the market the assurance after a sell-off of the …