Markets & Investing
HTX platform withdraws HK licence application for second time
HTX platform withdraws HK licence application for second time
The company should leave Hong Kong within three months.
HK-listed ESR Group receives privatisation proposal from investor group
The process is currently at the preliminary stage.
Mirxes reports $95.4m net loss ahead of IPO
Costs of R&D and administrative activities widened last year’s losses.
HKEX implements ISSB climate disclosures, enhancing transparency
This is seen to solidify Hong Kong’s standing as a prominent financial hub.
SFC probes Segantii for insider trading charges
The SFC pressed charges against the firm, its founder, and former trader.
Cybersecurity risks loom over small enterprises amidst growth
Six in 10 enterprises lost time and/or money due to cyberattacks last year.
New measures boost capital markets access between China and Hong Kong
Chief Executive John Lee said the measures are vital in improving Hong Kong’s financial markets.
About 60 partnerships sign for HK-Shenzhen I&T Park
Of the agreements, 24 are new companies that are just setting up or expanding in Hong Kong.
Sichuan Baicha Baidao eyes raising $2.46b through largest IPO yet in 2024
Half of the proceeds will be used to fund the improvement of the Chinese tea giant’s operations and supply chain.
Hong Kong’s Hottest Startups of 2024
Fintech and AI startups dominated the list.
Hong Kong bourse freezes Tianyun shares over millions of missing funds
The missing funds cost as much as $620.69m (RMB563.7m).
Transforming Hong Kong into a climate tech powerhouse
Exploring the dynamic growth of Hong Kong's climate tech startup ecosystem
Capital Investment Entrant Scheme draws high interest
InvestHK received over 1,600 inquiries about the scheme.
Share option adoption doubles, share awards quintuple in decade
Healthcare (58.7%) and IT (46.6%) sectors lead in share award adoption.
Hong Kong sets higher investment threshold for residency
Whilst permanent residency in Hong Kong now requires a minimum outlay of $30m (US$3.83m), the range of permissible investments has been expanded.
Days of excess are over, investors warn founders
Deal activity in Asia Pacific fell 26.3% YoY in 2023.
Foodtech, fintech emerge as bright spots in Hong Kong’s startup landscape
The city is home to over 600 fintech startups and more than 100 food tech firms.
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong