9 h. ago Hong Kong stocks fall on worries about China’s deflationary pressure

Hong Kong stocks fell by the most in nearly three weeks as China’s deflationary trend became more entrenched, deepening concerns about the nation’s growth prospects. The Hang Seng Index dropped 0.8 per cent to 23,943.42 at 10.13am local time on Wednesday and the Hang Seng Tech Index retreated 1.3 per cent. On the mainland, the CSI 300 Index climbed 0.2 per cent and the Shanghai Composite Index added 0.3 per cent. Henderson Land Development slumped 8.3 per cent to HK$26 after raising HK$8 billion...

Events

10 h. ago 5 stocks gain in Hong Kong trading debut as bull market rages on

Hong Kong’s stock exchange had its busiest day of the year for new listings on Wednesday as five mainland Chinese companies made their debuts, cementing the city’s position atop the global ranking for initial public offerings (IPO). Wuhan Dazhong Dental Medical (2651) was the biggest winner of the day when its shares jumped 20 per cent at the open to HK$24, from its IPO price of HK$20. The shares of Apple supplier Lens Technology (6613) began trading at HK$18.88, a premium of 3.8 per cent from...

Economics

10 h. ago Apple supplier Lens, 4 other stocks gain in busiest day for new listings in 2025

Hong Kong’s stock exchange had its busiest day of the year for new listings on Wednesday as five mainland Chinese companies made their trading debuts, cementing the city’s top global ranking for initial public offerings (IPOs). Semiconductor chip designer Fortior Technology was the biggest winner after its shares surged 16 per cent to HK$139.80. The Shanghai-listed company raised HK$2.26 billion (US$287.8 million) from its offering of new shares at HK$120.50 each. Apple supplier Lens Technology...

Politics

28 h. ago Hong Kong developer Grand Ming’s crisis deepens with US$611 million loan default

Hong Kong developer Grand Ming Group warned investors that it has yet to repay a HK$4.8 billion (US$611.4 million) loan, with its gearing ratio surging past 200 per cent – another sign of the growing debt crisis among the city’s small and medium developers. In a filing with the Hong Kong stock exchange on Tuesday, the company said that it had breached financial covenants under its loan facilities, according to its audited annual results for the year ended March 31. “The group has obtained...

Economics

50 h. ago China urged to take bolder steps to tackle price wars, deflation and weak demand

Beijing’s latest push to curb price wars may help ease deflationary pressures, but analysts warn the current measures fall short of addressing deeper structural problems facing the world’s second-largest economy. China’s GDP deflator – a broad measure of prices across goods and services – has been negative since the second quarter of 2023, while consumer prices have fallen for four straight months year-on-year. To stop the deflationary spiral, Chinese authorities should address the cause: weak...

Events

60 h. ago FWD Group shares start trading unchanged in Hong Kong market

FWD Group made a flat trading debut in the Hong Kong stock market, as the insurer’s four-year listing journey from New York back to its hometown failed to resonate with investors, even as it built an Asia-wide group across 10 markets. Trading under the stock code 1828, FWD’s shares began trading at HK$38.00, unchanged from its offered price during its initial public offering (IPO), which raised HK$3.47 billion (US$442 million) last week. The IPO of the insurer founded by Hong Kong billionaire...

Politics

5 d. ago Bull market in stocks fills Hong Kong’s coffers, plugs holes from property woes

Hong Kong’s stock market stamp duty income is filling the city’s financial coffers at the fastest pace since 2021, amid a bull run on the local bourse that has attracted scores of initial public offerings (IPOs) and fuelled frenzied trading. Duties from transactions and transfers rose to HK$29.69 billion (US$3.78 billion) in the first five months of 2025, according to calculations by the Post based on government data. Contributions from the stock market jumped 42.5 per cent to HK$52.17 billion...

Politics

6 d. ago Hong Kong stocks drop as US trade deals signal hurdles for China’s exports

Hong Kong stocks drop as US trade deals signal hurdles for China’s exports  South China Morning Post

Politics

7 d. ago Chinese firms eye Hong Kong listings after mainland investors’ buying spree

A slew of mainland-listed Chinese technology companies are speeding up fundraising plans in Hong Kong to capitalise on the upbeat market sentiment. Hong Kong’s equity market has been buoyed by mainland investors’ record buying of HK$731.2 billion (US$93.1 billion) of stocks in the first half of the year, according to Hong Kong Exchanges and Clearing (HKEX) data and Bloomberg on Monday. The buying spree, driven by attractive valuations and a re-rating of China’s technology sector, has led to a...

Economics

7 d. ago Hong Kong stocks rise on mainland fund purchases, Beijing growth pledge

Hong Kong stocks rise on mainland fund purchases, Beijing growth pledge  MSN

Politics

7 d. ago Hong Kong stocks gain amid surge in mainland fund inflows, Beijing pledge

Hong Kong stocks gain amid surge in mainland fund inflows, Beijing pledge  South China Morning Post

Politics

8 d. ago Beijing Biostar Pharmaceuticals Resumes Trading on Hong Kong Stock Exchange

Beijing Biostar Pharmaceuticals Resumes Trading on Hong Kong Stock Exchange  TipRanks

Politics

9 d. ago Adrian Cheng leaves New World after securing funding lifeline

Adrian Cheng Chi-kong, the third generation scion of New World Development (NWD), has left the company after the Hong Kong developer successfully refinanced its debt and concluded months of negotiations that pulled it back from the brink of default. Cheng resigned as non-executive director of NWD, effective July 1, to “devote more time to public services and other personal commitments,” according to a filing to the Hong Kong stock exchange. Earlier, NWD said it successfully obtained HK$88.2...

Politics

9 d. ago Top banks bullish on Hong Kong, China stocks amid policy support, earnings

Top banks bullish on Hong Kong, China stocks amid policy support, earnings  South China Morning Post

Events

9 d. ago Hong Kong stocks drop as China manufacturing shrinks, US trade deadline looms

Hong Kong stocks drop as China manufacturing shrinks, US trade deadline looms  South China Morning Post

Events

9 d. ago Hong Kong’s IPO dominance leaves Singapore grasping for lost allure

Hong Kong’s vast lead over Singapore as a listing venue appears unassailable, with even the Southeast Asian city’s home-grown companies heading north to raise funds, but the city state remains determined to improve its allure, according to bankers and analysts. IFBH, a Singapore-incorporated Thai firm that is the world’s second-largest bottler of coconut water, started trading on the Hong Kong stock exchange on Monday after completing a HK$1.16 billion (US$147 million) initial public offering...

Politics

1 week ago 8 arrested in Hong Kong after HK$46 million lost in investor phishing scams

Hong Kong police have arrested eight people for allegedly making unauthorised stock transactions, manipulating the market and using phishing scams to swindle about HK$46 million (US$5.8 million) out of more than 130 victims based locally and overseas. Senior Superintendent Fanny Kung Hing-fun of the force’s commercial crime bureau said police had arrested seven men and one woman over two separate phishing cases, with one targeting locals and the other going after overseas investors. Both cases...

Economics

2 w. ago Hong Kong stocks’ rally to extend into second half, but risks remain: analysts

Hong Kong stocks’ rally to extend into second half, but risks remain: analysts  South China Morning Post

Events

2 w. ago China Market Update: It’s The End Of The World, Hong Kong & Chinese Stocks Feel Fine

China Market Update: It’s The End Of The World, Hong Kong & Chinese Stocks Feel Fine  Forbes

Politics

2 w. ago Investors lap up soy sauce maker Haitian’s stock in Hong Kong debut

Investors lapped up the stock of the Chinese condiment maker Foshan Haitian Flavouring and Food during its trading debut on the Hong Kong exchange, after its HK$10.1 billion (US$1.3 billion) listing became the bourse’s second-largest of the year and cemented Hong Kong as the leading global fundraising venue. Trading under code 3288, Haitian’s shares first changed hands on Thursday at HK$37.50, up 3.3 per cent from their offer price of HK$36.30 – the top of their marketed range – as the Hang Seng...

Economics