Stocks Blog: Hang Seng edges up, most debuting Hong Kong, mainland China stocks rise
- Shares of Budweiser Brewing rise by more than 4.4 per cent in Hong Kong
- In Shanghai, Beijing Hotgen Biotech rises 140.6 per cent on the Star Market, Hillstone Networks rises 112.7 per cent, Shenzhen Transsion Holdings rises 64.4 per cent
Overnight, Nasdaq was cracking down on initial public offerings by small Chinese companies by tightening restrictions and slowing down their approval, according to regulatory filings, corporate executives and investment bankers, amid calls to de-list Chinese companies.
Additionally, Hong Kong will be braced for any fallout from one of the more violent days of clashes between protesters and police, as the city’s anti-government protests enter their fourth month.
Join us, Xie Yu and Azar Zaidi in Hong Kong, as we track the day’s developments in the special administrative region and mainland Chinese markets.