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Hong Kong stock market

Hong Kong take-private deals soar as cheap valuations tempt investors into company buy-outs

by Anas Siddiqui
Hong Kong take-private deals soar as cheap valuations tempt investors into company buy-outs

For CMIC Vehicles, the low liquidity and cheap valuation have “created difficulty for the company to effectively conduct fundraising exercises on the Hong Kong stock exchange”, it said in a …

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China’s Olympic gymnast Li Ning mulls buying out his sportswear company as ailing Hong Kong market spurs take-private deals

by Anas Siddiqui
China’s Olympic gymnast Li Ning mulls buying out his sportswear company as ailing Hong Kong market spurs take-private deals

A number of global and regional private equity firms, including TPG, PAG and Hillhouse Investment, have been tapped to see if they are interested in joining as an investor, two …

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Hong Kong stocks lifted by tech sector ahead of JD.com results, as investors focus on earnings after China stimulus disappointment

by Anas Siddiqui
Hong Kong stocks lifted by tech sector ahead of JD.com results, as investors focus on earnings after China stimulus disappointment

Hong Kong stocks rose, led by the tech sector which was lifted by e-commerce giant JD.com’s sharp gains ahead of its results announcement, as the focus shifts to corporate earnings …

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Hong Kong stocks hit by geopolitics as China’s biotech companies in US lawmakers’ cross hairs

by Anas Siddiqui
Hong Kong stocks hit by geopolitics as China’s biotech companies in US lawmakers’ cross hairs

Hong Kong stocks slipped amid heightened geopolitical tensions after a US Senate committee advanced a bill targeting Chinese biotech companies. Wuxi Biologics and Wuxi AppTec plunged following the proposal. The …

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Hong Kong stocks rally as dovish central banks inspire rate cut hopes

by Anas Siddiqui
Hong Kong stocks rally as dovish central banks inspire rate cut hopes

Hong Kong stocks gained, amid expectations global central banks will ease monetary conditions this year, with Fed Chair Powell comments about interest rate cuts following those made by PBOC Governor …

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Hong Kong stocks retreat amid worries about economic growth as ‘two sessions’ meeting gets under way in Beijing

by Anas Siddiqui
Hong Kong stocks retreat amid worries about economic growth as ‘two sessions’ meeting gets under way in Beijing

Hong Kong stocks slipped after China’s economic targets failed to address investors’ worries about growth in the world’s second largest economy as the country’s annual parliamentary meeting, which will provide …

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Hong Kong stocks edge up as investors await market-stabilising measures at China’s ‘two sessions’, property shares cheered by sales report

by Anas Siddiqui
Hong Kong stocks edge up as investors await market-stabilising measures at China’s ‘two sessions’, property shares cheered by sales report

Hong Kong stocks rose ahead of China’s annual legislative meeting where traders expect announcements to stabilise the markets and shore up the world’s second largest economy. Li Auto and BYD …

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Ding Yi Feng tanks in Hong Kong as market watchdog charges former chairman Sui Guangyi, 20 others with manipulating shares

by Anas Siddiqui
Ding Yi Feng tanks in Hong Kong as market watchdog charges former chairman Sui Guangyi, 20 others with manipulating shares

Sui is Ding Yi Feng’s largest shareholder with a 22.26 per cent stake, according to the company’s interim report in 2023. Ding Yi Feng said it is in consultation with …

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Hong Kong stocks join global rally for best weekly winning streak since June as Baidu, Tencent rise

by Anas Siddiqui
Hong Kong stocks join global rally for best weekly winning streak since June as Baidu, Tencent rise

Hong Kong stocks climbed for a fourth day, joining a global market rally as tech stocks regained flavour amid advances in computing and artificial intelligence. Equities in mainland bourses extended …

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Hong Kong stocks waver near 7-week high on mixed corporate earnings signals while developers trim speculative rally

by Anas Siddiqui
Hong Kong stocks waver near 7-week high on mixed corporate earnings signals while developers trim speculative rally

Hong Kong stocks wavered near a seven-week high amid mixed corporate earnings signals as lender HSBC underwhelmed and travel platform operator Trip.com beat market consensus. Property developers pared gains fuelled …

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