6 h. ago Evergrande liquidators get initial offers for stake in $1.3 billion property services arm

Evergrande liquidators get initial offers for stake in $1.3 billion property services arm  Reuters

Economics

8 h. ago China Evergrande liquidators looking to sell stake in property services unit

China Evergrande liquidators looking to sell stake in property services unit  Reuters

Politics

29 h. ago Hong Kong private jet centre aims to fly high after upgrade of terminal

Hong Kong’s only fixed-base operator for private jet support services is betting its newly expanded terminal building will help it cash in on a boom in initial public offerings (IPOs), a surge in mega-events and rising Middle Eastern investment. The Hong Kong Business Aviation Centre (HKBAC) unveiled the upgraded building, part of a HK$500 million (US$64.1 million) expansion plan, at the city’s airport on Wednesday. Transport minister Mable Chan said Hong Kong’s mega-event economy would receive...

Politics

6 d. ago Hong Kong IPO pipeline swells as Chinese tech listings lure global investors

More than 200 companies are awaiting approval for initial public offerings (IPOs) in Hong Kong, with about half coming from the technology sector, according to Hong Kong Exchanges and Clearing (HKEX) CEO Bonnie Chan Yiting. “Recently, many international long-term investors have actively participated in the IPO subscriptions of technology and innovation companies, reflecting strong global interest in China’s tech sector,” she said at HKEX’s Future Tech Summit on Friday. In the first eight months...

Economics

9 d. ago Unitree to file IPO documents in fourth quarter for likely A

Unitree Robotics, the country’s top humanoid robot maker, said it would file documents to an onshore stock exchange in mainland China between October and December this year, suggesting it will soon go public. While the Hangzhou-based firm’s statement did not specify whether it was seeking a listing in Shanghai, Beijing or Shenzhen, a source familiar with the matter said that the company was eyeing an onshore initial public offering (IPO) as the first step. “At present, the company is actively...

Politics

9 d. ago China Evergrande liquidators apply for receivers to identify founder's assets

China Evergrande liquidators apply for receivers to identify founder's assets  Reuters

Politics

1 week ago FWD profit jumps 15 times on sales spike, lower costs after Hong Kong IPO

FWD Group, a regional insurer founded by Hong Kong billionaire Richard Li Tzar-kai, said its first-half net profit jumped 15 times on strong sales growth and one-off cost reductions. In the first results since FWD’s HK$3.61 billion (US$466 million) initial public offering (IPO) in July, net profit soared to US$47 million from US$3 million a year earlier, the company said on Friday. The insurer said it would not pay an interim dividend. Driving the profit increase, annualised premiums from new...

Economics

2 w. ago Israel military says strikes on Gaza hospital targeted a Hamas camera

The Israeli military said Tuesday that its double strike on a Gaza hospital that killed 20 people targeted what it believed was a Hamas surveillance camera. But the first strike killed a cameraman from the Reuters news agency doing a live television shot, according to witnesses and health officials. The military released its initial findings into the strike, offering no immediate explanation for striking twice and no evidence for an assertion that six of the dead were militants, including two...

Events

2 w. ago Hong Kong tops the US as IPO venue for mainland Chinese start

In the first of a two-part series about Hong Kong’s market for initial public offerings, Zhang Shidong and Ao Yulu report that more Chinese companies opted to list in Hong Kong in the first eight months of 2025 than in New York. Hong Kong has overtaken the US as the new listing venue for mainland Chinese companies, marking a major milestone for the world’s fourth-largest capital market after a decade of betting on its growth in its much larger and stronger hinterland. As many as 46...

Politics

3 w. ago Hong Kong exchange’s confidential filing option lures tech listings

Nearly half of the biotech and technology start-ups seeking initial public offerings (IPOs) in Hong Kong are opting for confidential filings under a new listing channel that allows them to protect sensitive data, according to a lawyer with international law firm Cooley. Companies choosing confidential filings often have concerns about sensitive information being released to the market in the early stages of the IPO process, which could attract scrutiny or allegations from competitors, Michael...

Politics

3 w. ago Innogen’s shares almost quadruple in Hong Kong trading debut

Shares of Guangzhou Innogen Pharmaceutical Group soared on their Hong Kong debut, buoyed by strong investor appetite for China’s pharmaceuticals sector, which has enjoyed rising valuations and solid performance. Trading under the stock code 2591, Innogen’s shares first changed hands at HK$72 on Friday, almost four times more than the initial public offering (IPO) price of HK$18.68 despite a declining market. The city’s benchmark Hang Seng index opened almost 1 per cent lower. “We are taking a...

Politics

3 w. ago Innogen Pharmaceutical’s shares soar in Hong Kong trading debut

Shares of Guangzhou Innogen Pharmaceutical Group soared on their Hong Kong debut, buoyed by strong investor appetite for China’s pharmaceuticals sector, which has enjoyed rising valuations and solid performance. Trading under the stock code 2591, Innogen’s shares first changed hands at HK$72 on Friday, almost four times more than the initial public offering (IPO) price of HK$18.68 despite a declining market. The stock closed at HK$57.25, while the city’s benchmark Hang Seng Index fell 1 per...

Politics

last month China Evergrande liquidators say $255 million of assets have been sold

China Evergrande liquidators say $255 million of assets have been sold  Reuters

Economics