LianLian seeks to revive Hong Kong IPO in second stab at fundraising

[ad_1] LianLian DigiTech has applied to revive its initial public offering (IPO) in Hong Kong, as the provider of cashless payment services and competitor to Ant Group takes a second…

Chinese AI firm iFlyTek’s healthcare unit plans Hong Kong listing

[ad_1] Chinese artificial intelligence (AI) company iFlyTek said it plans to spin off its healthcare services subsidiary, iFlyHealth, with a listing in Hong Kong. Shenzhen-listed iFlyTek said the initial size…

Hong Kong IPO proceeds to more than double to US$12.8b in 2024, KPMG forecasts

[ad_1] New stock offerings in Hong Kong are expected to generate more than double the amount of funds for companies this year, making the city’s stock exchange one of the…

IPOs: Hong Kong GEM reforms not seen as game-changers for city’s second board

[ad_1] “The HKEX listing reforms on GEM are a good gesture to draw attention to the second board, which will help attract some smaller players to consider listing,” said Tom…

Hong Kong’s first IPO of 2024 makes a weak trading debut as RoboSense shares drop

[ad_1] Shares of RoboSense Technology, a Chinese maker of sensors for self-driving cars, fell on their Hong Kong trading debut on Friday after the company made the city’s first initial…

Hong Kong reforms for listings by SPACs, pre-revenue firms yield little success

[ad_1] HKEX’s performance in 2023 was even worse, with no SPACs listings taking place. Commercial buildings stand on Hong Kong Island. Photo: Yik Yeung-man In Hong Kong, a SPAC needs…

Hong Kong IPOs: here’s what’s in store in 2024 after a miserable 2023

[ad_1] “The notion of a ‘good’ IPO market goes beyond the short-term and unexpected stock price performance,” Wang said. The promise of Hong Kong remains undiminished, he added. ZJLD chairman…

Financial firms eye Hong Kong as they target rich clients, family offices

[ad_1] In November alone, the SFC approved 17 new financial firms to set up in Hong Kong to conduct securities trading, asset management and corporate finance. Oliver Ng, managing partner…

Understanding Budweiser Brewing APAC (HKEX: 1876): Asia’s Largest Beer Company

[ad_1] When we think of alcohol businesses, there are many that range from vodka and whiskey to local delights (like China’s baijiu). However, given the sheer volume that is sold…

HKEX reveals plans to launch China treasury bond futures – The TRADE

[ad_1] Hong Kong Exchanges and Clearing (HKEX) has announced plans to launch China treasury bond futures in Hong Kong, subject to regulatory approval.  The addition of these treasury bond futures…