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Hong Kong stock exchange
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Chow Tai Fook’s shop at iSquare in Tsim Sha Tsui features cartoon stickers to promote Chiikawa gold jewellery. Photo: Jelly Tse
Bonds

Chow Tai Fook Jewellery seeks US$1 billion from convertible bond sale

The five-year Hong dollar-denominated bonds will carry a coupon of zero to 0.5 per cent payable semiannually.

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Fintech

Hong Kong-based fintech LianLian Global’s Middle East expansion pays off

Banking & finance

Coconut water company IFBH moves closer to cracking Hong Kong’s IPO market

Banking & finance

Exclusive | DBS Hong Kong hiring wealth managers as investors’ risk appetite grows

The subsidiary of the Singapore bank plans to hire 100 bankers and open a new wealth-management centre.

Hong Kong is likely to overtake Switzerland by 2027 as the world’s top hub for cross-border wealth management. Photo: Eugene Lee
Hong Kong is likely to overtake Switzerland by 2027 as the world’s top hub for cross-border wealth management. Photo: Eugene Lee
Banking & finance

Standard Chartered sees affluent clients putting more money to work in Hong Kong

‘Our clients’ interest in investing has grown,’ Eliza Law, head of the bank’s affluent segment and distribution in Hong Kong, says.

Banking & finance

Hong Kong virtual insurer OneDegree seeks greater Middle East growth

Co-founder attributes company’s success to its ‘cybersecurity technology and comprehensive underwriting framework’.

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IPO

Exclusive | ‘Super connector’: the next act for Hong Kong’s stock exchange

As HKEX turns 25, the exchange eyes promoting cross-border listings, fixed income and yuan products in its next chapter, chairman says.

Interview with Hong Kong Exchanges and Clearing (HKEX) chairman Carlson Tong Ka-shing in Central on June 11, 2025. Photo: Edmond So
Interview with Hong Kong Exchanges and Clearing (HKEX) chairman Carlson Tong Ka-shing in Central on June 11, 2025. Photo: Edmond So
Banking & finance

Hong Kong can power yuan’s international ascent: HSBC co-CEO

City should scale up yuan-denominated trade finance and participation in stock and bond markets, David Liao says.

Banking & finance

SFC CEO Leung: virtual assets are a tool ‘in the race for financial supremacy’

Leung says regulator’s next step is to focus on OTC trading and custodial institutions in the space.

IPO

Zhejiang Sanhua seeks US$1 billion in Hong Kong listing

The Shenzhen-listed maker of heating systems is offering 360.3 million shares at HK$21.21 to HK$22.53 each.

More than 40 mainland companies have announced or filed their listing applications to the Hong Kong stock exchange this year. Photo: Sun Yeung
Bonds

China gets first private-builder dollar bond since 2023

Seazen has withstood the headwinds in the sector and still operates an extensive portfolio of shopping centres in smaller cities.

Residential buildings are seen under construction in Fuyang, in eastern China’s Anhui province on May 19, 2025. Photo: AFP
Residential buildings are seen under construction in Fuyang, in eastern China’s Anhui province on May 19, 2025. Photo: AFP
Banking & finance

Horizon Robotics plans to raise US$595 million in Hong Kong share placement

The maker of artificial intelligence chips for self-driving cars went public in Hong Kong last year.

IPO

Chery to debut in third quarter as carmaker uses Hong Kong as a springboard

Hong Kong Chief Executive John Lee touts city’s capital markets and professional services at auto expo.

Banking & finance

US venture capital firm to unload stakes in 40 Chinese tech start-ups

Chinese venture capitalists, government-backed funds expected to fill a funding gap left by retreating international investors, analyst says.

Eight Roads has invested in companies including autonomous-driving firm Pony.ai. Photo: AFP
Hong Kong property

Debt crunch at NWD stokes downside risk in Hong Kong home prices, S&P says

Decision to defer coupon payments on four series of perpetual bonds threatens a bigger drop in home prices, rating firm says.

New World Development’s head office in Central. Photo: Jelly Tse
New World Development’s head office in Central. Photo: Jelly Tse
IPO

Haitian eyes US$1.22 billion Hong Kong IPO, one of the year’s largest

The final IPO size could reach US$1.48 billion if size adjustment and overallotment options are exercised at the top end of price range.

Electric & new energy vehicles

Chinese EV battery maker Eve Energy jumps on Hong Kong IPO bandwagon

The firm joins more than a dozen smart-mobility companies from mainland China aiming to raise funds amid the city’s listing surge.

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Banking & finance

Labubu becomes bait for China’s Ping An Bank to lure young customers

Tactic draws attention of regulators as retail banks on the mainland struggle to attract young customers, analysts say.

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A shopper reaches for a Labubu doll at Popland, a theme park opened by Chinese toy company Pop Mart, in Beijing, on June 2, 2025. Photo: EPA-EFE
A shopper reaches for a Labubu doll at Popland, a theme park opened by Chinese toy company Pop Mart, in Beijing, on June 2, 2025. Photo: EPA-EFE
Bonds

Grab to sell US$1.25 billion in convertible bonds to fund acquisitions

Singapore-based Grab, whose app is ubiquitous in Southeast Asia for ride hailing and food delivery, will issue convertible bonds that mature on June 15, 2030, it said.

Banking & finance

Chinese stocks ‘not particularly cheap’ with weak earnings power, JPMorgan says

A re-rating requires an improvement in profitability, which is difficult to come by in the weak economy, money manager says.

HKEX

IPO wave driving Hong Kong exchange operator to greater heights: Morgan Stanley

HKEX’s 41 per cent rise this year is set to continue, investment bank says, joining positive calls by Goldman Sachs and HSBC.

A person takes a picture of Exchange Square in Central, home of stock exchange operator Hong Kong Exchanges and Clearing, on April 7, 2025. Photo: Jelly Tse
Digital currencies

Hong Kong’s stablecoin law opens floodgates for boom in digital assets: brokers

Investors are increasingly interested in stablecoins, which are digital tokens pegged to a reference asset like a fiat currency.

Stablecoin logos. Photo: Shutterstock
Stablecoin logos. Photo: Shutterstock
Banking & finance

Exclusive | HSBC to grow investment bank to serve rising demand for IPOs

The bank said it would restructure to focus on high-return areas like Hong Kong and India, as well as exit low-profitability markets like Europe and the US.

Banking & finance

Step aside Shanghai, Hong Kong is China’s prize financial hub

Despite calling the two cities twin engines for finance, Beijing’s actions favour Hong Kong as China’s one true global funding hub.

Digital currencies

China Renaissance’s investment in stablecoin issuer Circle pays off

The Chinese bank invested in the US tech firm in 2018 through its Huaxing New Economy Fund.

Jeremy Allaire, CEO and co-founder of Circle Internet Group reacts as Circle president Heath Tarbert rings a ceremonial bell to launch the company’s IPO at the New York Stock Exchange on Thursday. Photo: Reuters
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