48 h. ago Chery’s stock to debut in third quarter in carmaker’s Hong Kong IPO

Chery Automobile, China’s second-largest automobile maker by volume, is aiming to complete its initial public offering (IPO) in Hong Kong in the third quarter of this year, said its chairman. The company, based in Wuhu city in eastern China’s Anhui province, has filed its intention to list on the Hong Kong stock exchange and use the city as its springboard for venturing into the global market, said Yin Tongyue during the 2025 Automotive Expo in the city. “We hope to have more of our...

Politics

48 h. ago Chery to debut in third quarter as carmaker uses Hong Kong as a springboard

Chery Automobile, China’s second-largest carmaker by volume, is seeking to complete its Hong Kong initial public offering (IPO) in the third quarter of this year, its chairman said. At the 2025 International Automotive & Supply Chain Expo in Hong Kong on Thursday, Yin Tongyue said the company was seeking to use the city as a launching pad into the global market. Chery, based in Wuhu in eastern Anhui province, has filed its intention to list on the Hong Kong stock exchange. “We hope to have more...

Politics

3 d. ago Chinese EV battery maker Eve Energy jumps on Hong Kong IPO bandwagon

Eve Energy, China’s fifth-largest producer of electric vehicle (EV) batteries, plans to raise fresh capital on the Hong Kong stock exchange, following the lead of its bigger rival Contemporary Amperex Technology (CATL) as international investors show a growing appetite for the country’s industrial gems. The Shenzhen-listed company said on Tuesday that its board had endorsed a fundraising plan aimed at bolstering its international expansion, but details about the share offering were still in the...

Science

4 d. ago Hibor plunge a bigger deal for stock market than Hong Kong’s property sector

Hong Kong needs all the help it can get. Since 2018, the city has suffered one shock after another, preventing a meaningful recovery from taking hold and fuelling concerns about its position as a global financial centre. As an importer of US monetary policy with an economy that is far more synchronised with that of mainland China, Hong Kong has been the biggest casualty of economic and policy divergence between the world’s two largest economies, prompting renewed questions about the suitability...

Economics

7 d. ago China Renaissance’s investment in stablecoin issuer Circle pays off

China Renaissance, which has funded many leading Chinese technology firms, made another winning bet after shares of stablecoin issuer Circle Internet Group more than doubled on their debut in New York. The Chinese investment bank said in a filing to the Hong Kong stock exchange on Friday that it had invested in Circle, which was founded in 2013, in 2018 through its Huaxing New Economy Fund. The investment reflected its “strong confidence in the growth prospects of the digital asset industry”,...

Economics

2 w. ago Hong Kong deepens financial ties with Saudi in Sukuk ETF’s bullish debut

Hong Kong is taking another big step to strengthen financial-market linkages with the Middle East with the launch of Asia’s first exchange-traded fund (ETF) tracking Saudi Arabia’s Islamic government bonds, or sukuk. The ETF, called Premia BOCHK Saudi Arabia Government Sukuk ETF, started trading on the Hong Kong stock exchange on Thursday, giving local investors access to the world’s second-largest market for Shariah-compliant debt securities. The ETF trades in Hong Kong dollars under code 3478...

Politics

2 w. ago Saudi sukuk ETFs debut in Hong Kong’s milestone in Middle East ties

Hong Kong is taking another big step to strengthen financial-market linkages with the Middle East with the launch of Asia’s first exchange-traded fund (ETF) tracking Saudi Arabia’s Islamic government bonds, or sukuk. The ETF, called Premia BOCHK Saudi Arabia Government Sukuk ETF, started trading on the Hong Kong stock exchange on Thursday, giving local investors access to the world’s second-largest market for sharia-compliant debt securities. The ETF trades in Hong Kong dollars under code 3478...

Politics

2 w. ago 5 Chinese firms seek Hong Kong IPOs, joining fundraising flurry

Five mainland companies have filed preliminary listing applications with the Hong Kong stock exchange to raise capital, joining the flurry of Chinese start-ups that have pushed the city to the top of the global ranking for initial public offerings (IPOs). The pack is led by Muyuan Foods, one of the world’s largest hog breeders and pork producers, which may raise up to US$1 billion through a secondary listing. Shenzhen-listed Muyuan has appointed Morgan Stanley Asia, CLSA and Goldman Sachs (Asia)...

Economics

2 w. ago Hong Kong stocks extend drop as BYD, Meituan pace losses amid competition

Hong Kong stocks erased gains amid concerns that escalating competition among China’s leading carmakers and e-commerce operators will hurt margins and prompt investors to retreat. The Hang Seng Index fell 0.2 per cent to 23,241.23 at the local noon trading break on Tuesday, reversing an earlier gain of as much as 0.4 per cent. The Hang Seng Tech Index lost 0.6 per cent. On the mainland, the CSI 300 Index slipped 0.3 per cent while the Shanghai Composite Index declined 0.7 per cent. BYD tumbled...

Politics

2 w. ago Wealthy investors see ‘time to buy’ Hong Kong stocks amid trade war: Standard Chartered

Affluent clients have diversified their portfolios and shifted to liquid assets such as stocks and bonds amid market volatilities.

Economics

3 w. ago Labubu propels Chinese trend factory Pop Mart into HK$300 billion club on Hong Kong market

After a 10-fold share-price jump in a year, toymaker tops all but 26 other Hong Kong-listed firms in market capitalisation.

Economics

3 w. ago CATL jumps 12.5% in Hong Kong trading debut after completing year’s biggest stock offering

EV battery maker sold 135.6 million shares at HK$263 apiece; final size could increase to HK$41 billion with an overallotment option.

Politics

3 w. ago CATL’s 12.5% debut in the year’s biggest IPO boosts Hong Kong to No. 2 in global ranks

EV battery maker sold 135.6 million shares at HK$263 apiece; final size could increase to HK$41 billion with an overallotment option.

Politics

3 w. ago CATL’s 12.5% debut in the year’s biggest IPO boosts Hong Kong to No 1 in global ranks

EV battery maker sold 135.6 million shares at HK$263 apiece; final size could increase to HK$41 billion with an overallotment option.

Politics

3 w. ago CATL’s 16.4% debut in the year’s biggest IPO boosts Hong Kong to No 1 in global ranks

EV battery maker sold 135.6 million shares at HK$263 apiece; final size could increase to HK$41 billion with an overallotment option.

Politics

3 w. ago Hong Kong regains No 1 spot in global fundraising, catapulted by CATL’s US$4.6 billion IPO

EV battery maker’s shares advance 16.4 per cent to close at HK$306.20 on the first day of trading in the city.

Economics

3 w. ago Hong Kong regains No 1 spot in global fundraising, catapulted by CATL’s US$5.2 billion IPO

EV battery maker’s shares advance 16.4 per cent to close at HK$306.20 on the first day of trading in the city.

Economics

3 w. ago Hong Kong stocks fall after Moody’s downgrades US credit rating, mixed China data

Hong Kong stocks fall after Moody’s downgrades US credit rating, mixed China data  South China Morning Post

Politics

3 w. ago Hong Kong stocks outperform mainland China by most since 2008

Hong Kong stocks outperform mainland China by most since 2008  Financial Times

Politics