2 h. ago Hong Kong’s IPO boom a sign overseas investment push is working, Paul Chan says

Hong Kong’s push to attract overseas investment is showing positive results, the finance minister has said, citing the rise of the city’s exchange to the top of the global table for initial public offerings (IPOs) in the first half of the year and the stock market’s strong performance. Financial Secretary Paul Chan Mo-po said on Sunday that the achievements of the first six months showed that the government’s promotion efforts in recent years were starting to pay off. Noting the increasing...

Economics

57 h. 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

4 d. ago The best contrarian bet now is the Chinese stock market, famed investor says

The best contrarian bet now is the Chinese stock market, famed investor says  MarketWatch

Economics

4 d. ago The best contrarian bet in markets right now is the Chinese stock market, says legendary fund manager

The best contrarian bet in markets right now is the Chinese stock market, says legendary fund manager  MarketWatch

Politics

4 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 S&P 500 and Nasdaq Climb to Record Highs on China Trade Optimism

S&P 500 and Nasdaq Climb to Record Highs on China Trade Optimism  Nasdaq

Politics

9 d. ago Chinese smartphone maker Honor moves closer to onshore share listing

China’s fourth-largest smartphone maker Honor took an important step towards a domestic stock market debut on Thursday by filing documents with securities regulators. The company completed initial public offering (IPO) counselling recordation, the formal filing of pre-IPO guidance with the China Securities Regulatory Commission (CSRC). The step is required for companies seeking to list mainland shares, known as A shares. The Shenzhen-based company, a spin-off from smartphone and...

Politics

1 week ago How unique US advantages are fuelling Trump’s reckless behaviour

If there is one theme that has dominated financial markets since US President Donald Trump began his second term, it is the future of “American exceptionalism”. This is the notion that US assets deserve to be valued more highly because of the US dollar’s role as the world’s pre-eminent reserve currency, America’s huge natural and human resources, deep and transparent capital markets and the dominance of US technology companies in global stock market indices. Some investment strategists believe...

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

1 week ago Trump thanks Iran for ‘early notice’ after attacks US military base in Qatar

The Middle East crisis appeared to widen after Iran struck back against the United States by firing missiles at an American military base in Qatar, a development that built on weeks of rising tensions between arch-rivals Iran and Israel – and now, Israel’s key ally, the US. The scale of Iran’s attacks on Monday were limited, and an earlier report of a missile targeting a US base in Iraq on Monday turned out to be false, sending key stock market indices higher and oil prices lower. And, US...

Events

1 week ago Zhejiang Sanhua shares drop in Hong Kong trading debut as IPO frenzy stalls

Chinese heating systems supplier Zhejiang Sanhua Intelligent Controls had a tepid trading debut in Hong Kong on Monday, with investors selling shares following the initial public offering (IPO) frenzy. Trading under the code 2050, the stock began trading at HK$20.95 amid a declining market, 7.2 per cent lower than its offer price of HK$22.53, in an upsized offering that raised HK$9.3 billion (US$1.2 billion). Sanhua’s lack-lustre debut was the first decline in the four billion-dollar stock...

Politics

2 w. ago Stock market today: S&P 500, Nasdaq fall with focus on Trump Iran decision, Fed rate cuts, China chip tensions

Stock market today: S&P 500, Nasdaq fall with focus on Trump Iran decision, Fed rate cuts, China chip tensions  Yahoo Finance

Politics

2 w. ago HKEX displays iconic gong across city to mark 25 years as listed entity

Hong Kong Exchanges and Clearing (HKEX), operator of Asia’s third-largest stock market, is taking its iconic gong on a tour of the city over the next two weeks to commemorate 25 years as a listed company. The exchange operator will display the gong, used for listing ceremonies, on a truck alongside a first-generation trading booth at nine locations from Friday until July 3. The HKEX completes a quarter century as a listed entity on June 27. The public can view the display at tourist spots like...

Politics

2 w. ago Despite setbacks, Seoul’s property market is an example of resilience

South Korea has been in the spotlight of late. Earlier this month, Lee Jae-myung, the candidate of the left-leaning Democratic Party of Korea, won a decisive victory in the country’s presidential election. This marked a turning point for Asia’s fourth-largest economy following months of political turmoil stemming from the failed attempt by Lee’s conservative predecessor to impose martial law. Investors in South Korea’s stock market have been encouraged by Lee’s pledge to implement governance...

Politics

3 w. ago Stock market comeback pauses despite tame inflation data, China

Stock market comeback pauses despite tame inflation data, China-U.S. trade framework: Live updates  CNBC

Economics

3 w. ago Stock market today: Dow, S&P 500, Nasdaq futures slip as US, China reach trade plan, with CPI inflation on deck

Stock market today: Dow, S&P 500, Nasdaq futures slip as US, China reach trade plan, with CPI inflation on deck  Yahoo Finance

Economics

3 w. ago Stock market today: S&P 500, Nasdaq have records back in sight as stocks gain amid US

Stock market today: S&P 500, Nasdaq have records back in sight as stocks gain amid US-China trade talks  Yahoo Finance

Economics

3 w. ago Stock Market News Today: Dow, Nasdaq Climb; Investors Eye U.S.

Stock Market News Today: Dow, Nasdaq Climb; Investors Eye U.S.-China Trade Talks — Live Updates  WSJ

Economics

3 w. ago Stock market today: Dow, S&P 500, Nasdaq edge higher in wait for clues on US

Stock market today: Dow, S&P 500, Nasdaq edge higher in wait for clues on US-China trade talks  Yahoo Finance

Politics

3 w. ago Stock market today: Dow, S&P 500, Nasdaq little changed in wait for clues on US

Stock market today: Dow, S&P 500, Nasdaq little changed in wait for clues on US-China trade talks  Yahoo Finance

Politics