Markets & Investing
HKEX suspends trading due to typhoon
Connect trading is also suspended for the day.
Sanergy’s shares plummets 98% following a forced liquidation
The company requested a trading halt on 3 September.
Alibaba Group upgrades to primary listing on HKEX
The group will become dual primary listed on the HKEX and NYSE.
URA $12b bonds oversubscribed two times
The proceeds will fund its capital on urban renewal projects.
The Hong Kong Urban Renewal Authority’s (URA) $12b issuance of senior bonds was...
ESR Group boosts stake in LOGOS Property
The former head of LOGOS Southeast Asia sold his 1.3% stake to ESR.
Bosera ETF debuts on HKEX with a focus on central state-owned enterprises
This will allow domestic and foreign investors to access Chinese SOE assets.
InvestHK aids 322 firms in expansion to Hong Kong
This brought $38.3b into Hong Kong’s local economy.
Hong Kong-Armenia tax treaty to ease investor tax assessment
The pact will also expand Hong Kong's tax treaty network.
Valuetronics invests $7.7m in AI JV with SinnetCloud HK
Valuetronics will hold 55% interest in the JV.
Hong Kong ranks second most expensive city for high-net-worth individuals
It ranks behind Singapore.
SetupHK launches $1 Company Setup Programme to attract startups
The programme offers licenses and permits assistance, amongst others.
7 in 10 SMEs foresee growth of 4% or more in next 12 months
Scale expansion and launch of new products and services were seen as the main growth drivers.
6 in 10 businesses expect improved performance in 2024
Optimistic firms want to focus digitalisation efforts this year.
Shangri-La's debut panda bond subscribed 4.09 times
It bore a coupon rate of 2.5%.
Hong Kong retains top APAC spot for ease of doing business
The city's simple and low tax system attracts investors.
New funding round for professional organisations starts June 1
The government allocated $200m to subsidise non-profit industry projects.
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