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HKEX

Tencent-backed AI firm QuantumPharm seeks to raise funds, marking a milestone for Hong Kong’s pre-revenue IPO rules

by Anas Siddiqui
Tencent-backed AI firm QuantumPharm seeks to raise funds, marking a milestone for Hong Kong’s pre-revenue IPO rules

Tencent-backed artificial intelligence (AI) drug researcher QuantumPharm is raising up to HK$1.13 billion (US$144.5 million) in a Hong Kong initial public offering (IPO) from Tuesday, eyeing the first listing under …

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UBoT Holdings: Hong Kong exchange’s GEM board for small firms welcomes first listing in 3 years

by Anas Siddiqui
UBoT Holdings: Hong Kong exchange’s GEM board for small firms welcomes first listing in 3 years

UBoT Holding, the first new listing on the Hong Kong stock exchange’s secondary board in more than three years, surged on debut, with one analyst saying the listing bodes well …

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Exclusive | Hong Kong body to launch exam to certify ESG professionals tailored specifically for HKEX needs

by Anas Siddiqui
Exclusive | Hong Kong body to launch exam to certify ESG professionals tailored specifically for HKEX needs

A new certification course will be launched in Hong Kong focusing on the environmental, social and governance (ESG) requirements of the city’s bourse operator to ensure the quality of local …

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China, Hong Kong stock markets are back in favour with global investors, HKEX CEO Bonnie Chan says

by Anas Siddiqui
China, Hong Kong stock markets are back in favour with global investors, HKEX CEO Bonnie Chan says

Former US secretary of state John Kerry and Thailand’s prime minister Srettha Thavisin are among the speakers at the Swiss investment bank’s two-day conference in Hong Kong that has drawn …

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Saudi Tadawul rates HKEX highly, saying it has ‘learned a lot’ from the Hong Kong bourse operator

by Anas Siddiqui
Saudi Tadawul rates HKEX highly, saying it has ‘learned a lot’ from the Hong Kong bourse operator

The Saudi stock exchange will weigh its reforms against the likes of the Hong Kong stock exchange as it bids to become a leading global capital market, according to a …

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Hong Kong’s IPO revival is ‘inevitable’ as returning investors drive surging applications, stock exchange CEO says

by Anas Siddiqui
Hong Kong’s IPO revival is ‘inevitable’ as returning investors drive surging applications, stock exchange CEO says

“It is just a matter of time [before] some of the biggest Middle East companies will launch initial public offerings (IPOs) raising funds in Hong Kong,” she said, adding that …

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Hong Kong works on an ETF of HKEX stocks for Tadawul exchange in push for collaboration with Saudi Arabia

by Anas Siddiqui
Hong Kong works on an ETF of HKEX stocks for Tadawul exchange in push for collaboration with Saudi Arabia

The new ETF would complement the Hong Kong-listed CSOP Saudi Arabia ETF, which tracks 56 Middle East stocks, including the world’s biggest company Saudi Aramco. CSOP’s ETF has risen 9.2 …

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Hong Kong’s moribund IPO market seen revived by deals from innovative, ‘unbelievably huge’ China companies: Citi

by Anas Siddiqui
Hong Kong’s moribund IPO market seen revived by deals from innovative, ‘unbelievably huge’ China companies: Citi

Hong Kong’s limping initial public offerings (IPO) market, dealt a crippling blow by rising interest rates and an aversion to Chinese assets, appears to be healing. Investors are tiptoeing back, …

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Standard Chartered reports 5% rise in profit on strong business activity, currency positions

by Anas Siddiqui
Standard Chartered reports 5% rise in profit on strong business activity, currency positions

Standard Chartered surpassed first-quarter profit expectations, attributing the gain to strong business activity, its wealth solutions business and growth of affluent client base. Net profit rose 5 per cent to …

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Thumbs-up for impending ETF Connect changes as bigger pool of choices, funds beckon investors

by Anas Siddiqui
Thumbs-up for impending ETF Connect changes as bigger pool of choices, funds beckon investors

China’s efforts to broaden the appeal of exchange-traded funds (ETFs) on the mainland and Hong Kong markets are getting thumbs-up from local and foreign players, who see a brighter outlook …

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