News

JST Group raises $1.94b in Hong Kong IPO

JST Group raises $1.94b in Hong Kong IPO

The public offer was oversubscribed nearly 2,000 times as trading begins 21 October.

Sany Heavy Industry targets $12b in Hong Kong IPO

Its overseas sales now account for 62% of revenue ahead of listing.

Hong Kong leads rise in GBA business confidence in Q3

“Current performance” and “expectations” rose by 8.3 and 7.3 points respectively.

Canfornav expands in Hong Kong

The company will expand its fleet with 25 Japanese-built handy-sized bulk carriers.

Kangji Medical, Knight Bidco release privatisation scheme circular

The Independent Board Committee deems the proposal to be fair and reasonable.

AXA launches new wealth management plan

The series offers premium terms of five or 10 years in up to nine different currencies.

Unemployment rate rises in Q3

Total employment stood at 3.67 million, down 6,100 from Q2.

Cathay Cargo adds real-time customs statuses to EzyCargo platform

Real-time data feed cuts manual updates and improves cargo visibility

Lands Department offers four sites to brownfield operators via tender

Lots in North District, Yuen Long, Tai Po will be tendered for brownfield firms.

Hong Kong office sentiment weakens despite leasing interest

Firms are occupying spaces at both central and decentralised areas.  

Hang Seng Bank names former HSBC Hong Kong chief CEO

She will also chair the Operating Committee.

Prudential keeps business plans steady after D-SII designation

The insurer said it remains strongly capitalised.

Central Asia leverages China and the West for growth

The SCO summit spotlights Central Asia’s effort to deepen economic ties whilst maintaining balance.

Only 2% of Hong Kong firms are fully AI-ready: report

Only 52% of local firms think they can capture financial value in AI, Cisco study finds.

Hong Kong spent $130m in public healthcare in 2023/24

Care for ageing population was cited for increase.

Gov’t halts poultry imports from UK, Poland over bird flu outbreaks

The affected areas include Cheshire East, Ostróda, and Konin Districts.