Markets & Investing
Hong Kong ranks as 28th best startup ecosystem
Hong Kong ranks as 28th best startup ecosystem
Its open approach to the Internet and entrepreneurship makes it an asset for the Chinese ecosystem.
Hopewell Holdings to delist from Hong Kong bourse
It will be removed after market close on 17 April.
Hong Kong beats Japan as world's third largest bourse
The Hang Seng Index climbed 17% whilst the bourse's market cap hit US$5.78t.
HKB Listed Companies Awards 2019 is now open for nominations
Deadline for submissions is on 12 July 2019.
Hang Seng Industry Classification System to revamp stock classification
It will sort stocks into 12 industries, 31 sectors, and 94 subsectors to reflect developments in Hong Kong and Chinese markets.
Hong Kong clinched $21.19b across 35 IPOs in Q1 2019
The industrials sector received the highest number of IPOs with seven deals with a total of US$263m.
Real estate investment volumes jumped 16% to $399.8m in 2018: report
Hong Kong's growth placed it as the ninth largest source of real estate investments globally.
A fourth of Hong Kong firms invested over US$1m in digital transformation in 2018: research
Over a third said total spending on technology may grow more than 10% in the next three years.
UK data centre operator Global Switch mulls Hong Kong IPO
It chose CLSA, Goldman Sachs, JPMorgan Chase & Co., and Morgan Stanley to be the arrangers.
Half of Hong Kong and Singapore investors believe the economy will improve in the next three months: survey
However, a global recession is expected in H1 2020.
Poll: 67% of Hong Kong and Singapore investors plan to invest in Chinese onshore bonds in 2019
Sentiment was driven by the upcoming Bloomberg Barclays Global Aggregate Index inclusion in April 2019.
Fintech investments crashed 65.6% to US$188m in 2018
However, the number of deals picked up 27% as deals diversified.
Hong Kong VC and tech deals go bigger as quality focus intensifies
SenseTime and Tinklabs closed billion-dollar funding rounds.
Family offices spar with VCs for Hong Kong's promising startups
One family office has devoted 15% of US$70m capital into tech investments.
Movie ticketing app Maoyan opens flat on debut
It closed at $14.64 from an IPO of $14.8.
Hong Kong Exchange Fund's 2018 investment income plunged 95% amidst heavy equity losses
The headline figure hit $13.9b compared to $264b in 2017.
Hong Kong M&A activity slumped in 2018
Mergers and acquisitions deals fell to 1,050 transactions with a combined value of US$87.93b in 2018, down from 1,252 transactions with a combined...