Markets & Investing

Commercial real estate volume drops 10% YoY to $12.56b in Q1

Most transactions in Q1 were primarily small mid-sized private capital deals.

7 in 10 HK-based firms eye overseas expansion

Firms cited three key motivators for them to expand.

HKEX launches Swap Connect

The programme will forge connectivity between the capital markets of Hong Kong and China.

DBS Hong Kong launches WMC Northbound scheme

Investors can invest in products from Mainland fund managers using the new scheme.

Specialist tech companies to be included in Hang Seng Family of Indexes

But the Hang Seng Index and Hang Seng China Enterprises Index will not be included.

HKEX income went up 28% YoY in Q1

The profit attributable to shareholders grew to $3.4m in the first quarter of 2023.

Sotheby’s marquee spring series achieved $3.7b

The firm’s exhibition preview wooed nearly 15,500 visitors.

China's ZJLD Group seeks to raise $6.37b in HK IPO

It is offering a total of 490.7 million shares.

HK updates trade agreement with Chile 

The updated FTA covers commitments in 50 new service sectors. 

Linklaters advises creditors on Sunac China's $80.07b debt restructuring agreement 

The agreement allows the company to extend the debt's maturity. 

Amended listing rules to compel Chinese tech firms to list on HKEX: report

This amidst the global political conflict between the US and China.

CLP earnings down 89.1% to $924m YoY in 2022

Its business in Australia reported a $5.3b loss.

‘Stand-off’ between VCs and entrepreneurs pushes funding volumes down

In the fourth quarter of 2022, VC investment dropped to $22.6b.

BUDGET 2023: HK Provides Financial Aid to Explore and Tap Markets

The government is also giving monetary assistance to SMEs.

Hong Kong forms Investment Corp. board

The new members will be responsible for making investment strategies and decisions.

HKEX inks MoU supporting listing of Nanjing-based companies 

Nanjing is home to 18,000 technology enterprises.