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08 Apr Hong Kong’s IPO market is looking up as pipeline grows, while mainland bourses to struggle amid regulatory curbs: Deloitte

Posted at 12:20h in Asia

First-time stock offerings in Hong Kong are expected to improve on the back of a strong pipeline of candidates, as well as mainland Chinese companies switching their listing from other venues, according to Deloitte.“We have witnessed an increase in listing applications, in particular from the...

02 Apr Hong Kong stock exchange’s ‘double-dip’ IPO reform gets few takers as investors shy away from listings

Posted at 03:28h in Asia

However, amid sluggish IPO activity, the take-up rate has been minimal so far.People pass under screens showing index and stock prices outside Exchange Square in Central, home of the city’s bourse operator Hong Kong Exchanges and Clearing, on February 15, 2024. Photo: Sun YeungIn the...

23 Mar Does a US$1.75 trillion bounce in Chinese stocks mean the market’s long march to recovery has begun?

Posted at 02:00h in Asia

“There are more clients coming back to look at the China market and asking us about market views,” Liu Minyue, an investment specialist at BNP Paribas Asset Management in Hong Kong, said in an interview. “Sentiment seems to be improving.” 02:40Chinese Premier Li Qiang delivers his...

21 Mar Hong Kong stocks jump after US Federal Reserve’s dovish signals; Tencent gains after doubling share buy-back

Posted at 02:30h in Asia

Hong Kong stocks advanced after the US Federal Reserve reaffirmed its dovish outlook overnight while keeping its key rate unchanged. Tencent jumped after it unveiled plans to at least double the size of its share repurchases and the city’s property developers rallied on the prospects...

20 Mar Hong Kong stocks post early gains after upbeat corporate earnings but caution prevails as investors eye monetary policy

Posted at 03:05h in Asia

Hong Kong stocks edged higher after corporate earnings fuelled gains in sportswear company Li Ning and telecoms giant China Unicom, although the mood was cautious after China’s central bank kept its benchmark lending rates unchanged.The Hang Seng Index added 0.3 per cent to 16,577.37 as...

19 Mar Hong Kong stocks slip on weak Chinese corporate earnings, with Wuxi Apptech, Wuxi Biologics, Xpeng leading decline

Posted at 02:28h in Asia

Hong Kong stocks slipped as weak corporate earnings and downbeat guidance amid China’s growth concerns weighed on sentiment.The Hang Seng Index declined 0.7 per cent to 16,628.48 as of 10.05am local time. The Tech Index lost 1.1 per cent and the Shanghai Composite Index lost...

18 Mar Global Impact: Hong Kong’s stock market eyes light at the end of the tunnel after 3 years in the doldrums

Posted at 06:00h in Asia

Global capital rushed to Wall Street after the US Federal Reserve raised its key interest rate by five percentage points from 2022, and initial public offerings (IPOs) slowed to a trickle in Hong Kong.A lot will be riding on the shoulders of Bonnie Chan Yiting,...

18 Mar Hong Kong stocks retreat as China data raises doubts about strength of economic recovery

Posted at 02:47h in Asia

Hong Kong stocks declined for a fourth straight session on Monday after a batch of government data showed China’s economic recovery was still tentative, as retail sales and employment data both lagged street estimates, while sentiment was also cautious ahead of the US Federal Reserve...

14 Mar Hong Kong take-private deals soar as cheap valuations tempt investors into company buy-outs

Posted at 00:30h in Asia

For CMIC Vehicles, the low liquidity and cheap valuation have “created difficulty for the company to effectively conduct fundraising exercises on the Hong Kong stock exchange”, it said in a filing to the exchange earlier this week.Similarly, China Traditional Chinese Medicine Holdings, which had been...

12 Mar China’s Olympic gymnast Li Ning mulls buying out his sportswear company as ailing Hong Kong market spurs take-private deals

Posted at 08:40h in Asia

A number of global and regional private equity firms, including TPG, PAG and Hillhouse Investment, have been tapped to see if they are interested in joining as an investor, two of the people said.The discussions to take Li Ning Co private are in the early...

Hong Kong stock market Tag