Markets & Investing

New IPOs welcome news for Hong Kong

New IPOs welcome news for Hong Kong

Two mainland Chinese companies intend to raise some US$1.1 billion by making their initial public offerings in Hong Kong.

IPO market keeps shrinking

Hong Kong’s stock as a major capital market took another hit when China Everbright Bank Company put its IPO on hold.

ICBC securities service center now open for business

A subsidiary of China’s and the world’s largest bank recently opened its first securities service center in Hong Kong.

StanChart is again Hong Kong’s Euro settlement institution

Hong Kong has reappointed Standard Chartered Bank (Hong Kong) as the Settlement Institution for the Euro Real Time Gross Settlement system.

The bailout theater in Europe will continue indefinitely

The bailout showcase in Europe will continue indefinitely, because strong economic growth is a fantasy and austerity is politically untenable. As...

HKEx completes acquisition of LME

Shareholders of the London Metal Exchange have approved their company’s takeover by the Hong Kong Exchanges & Clearing Ltd.

Foreigners dominate fund management in Hong Kong

Over 60% of all funds invested in Hong Kong in the past five years came from overseas investors.

Societe Generale settles case in Hong Kong

Societe Generale S.A. has agreed to pay US$11 million to Hong Kong customers mislead by a hidden commission fee.

No relief in sight for Hang Seng woes

Hong Kong shares are expected to continue falling once China releases more disappointing economic data this week.

Closing auction might make a comeback

Hong Kong Exchanges & Clearing Ltd might resurrect a controversial practice suspended since 2009.

Gujarat seeks Hong Kong investments

A business delegation from the western Indian state of Gujarat examined bilateral business opportunities with Hong Kong.

Renminbi-denominated government bonds to be issued this month

Several foreign central banks could subscribe to renminbi-denominated government bonds, said the Hong Kong government.

IPO investors score a victory

In a first for Hong Kong, investors burned in a bungled IPO can get some of their money back.

Hong Kong is IPO capital no more

Hong Kong tumbles from top IPO destination to seventh in just six short months.

Hong Kong and Mexico sign agreement vs. double taxation

The new comprehensive double taxation agreement gives Hong Kong a number of key advantages.

Hong Kong’s biggest IPO is in the works

China Everbright Bank will IPO in Hong Kong before the year ends.

Short selling now under more government scrutiny

The government now has the means to better monitor short selling.