https://www.scmp.com/rss/318749/feed The mechanism by which international investors can trade via the Hong Kong stock exchange to directly access stocks listed in mainland China. The scheme, launched in November 2014, adds more than 800 companies with market capitalisations equivalent to US$1 billion or more to the universe of stocks available to global investors. It marks a significant reform and liberalisation of China’s capital markets. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Yulu Ao Yulu Ao With US equities regaining momentum amid easing tensions in the Middle East, questions are being raised as to whether global capital is rotating back into the world’s largest market. Investment advisers and fund managers said global investors were reassessing their asset allocations, though there was little evidence of a broad capital rotation away from Asia. While market performance suggested some reallocation, flow data remained inconclusive and did not point to a decisive shift away from... https://www.scmp.com/business/china-business/article/3352716/us-stocks-hit-record-highs-will-investors-keep-buying-or-stay-diversified?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3352716/us-stocks-hit-record-highs-will-investors-keep-buying-or-stay-diversified?utm_source=rss_feed Thu, 07 May 2026 12:00:05 +0000 Yulu Ao Yulu Ao Investor frustration is growing with Hong Kong’s technology index, as the benchmark’s prolonged slide contrasts sharply with the soaring share prices of several Chinese AI firms that recently went public in the city. The Hang Seng Tech Index – a gauge of Hong Kong-listed tech companies that was once seen as China’s answer to the Nasdaq – has come under pressure in recent months, and the index’s poor performance has drawn even more scrutiny amid the wider surge in Chinese artificial intelligence... https://www.scmp.com/business/china-business/article/3352477/why-hong-kongs-tech-index-failing-ride-chinese-ai-stock-boom?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3352477/why-hong-kongs-tech-index-failing-ride-chinese-ai-stock-boom?utm_source=rss_feed Tue, 05 May 2026 22:00:05 +0000 Daniel Ren Daniel Ren The Astana International Financial Centre (AIFC), a special economic zone in the Kazakhstan capital, is in discussions with Hong Kong and Shanghai’s equity exchanges about the creation of stock connection schemes, most likely starting with exchange-traded funds (ETFs), to widen investors’ access to each other’s markets. According to AIFC’s governor Renat Bekturov, Kazakh investors’ interest in Chinese companies, from hi-tech behemoths to carmakers, was growing, inspiring organisations in both... https://www.scmp.com/business/banking-finance/article/3352276/kazakhstans-aifc-discussing-stock-trading-links-shanghai-hong-kong?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3352276/kazakhstans-aifc-discussing-stock-trading-links-shanghai-hong-kong?utm_source=rss_feed Mon, 04 May 2026 01:00:13 +0000 Yulu Ao Yulu Ao Ant Bank, the digital banking arm of Ant Group, has rolled out stock trading services within its AlipayHK mobile application, marking a further push into Hong Kong’s retail brokerage market as fintech players race to capture a new generation of investors. The service allowed users to trade Hong Kong and US stocks and exchange-traded funds, as well as structured products including warrants and callable contracts, through the app’s wealth-management section, according to its promotional... https://www.scmp.com/business/china-business/article/3352264/ant-groups-bank-adds-stock-trading-alipay-app-hong-kong?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3352264/ant-groups-bank-adds-stock-trading-alipay-app-hong-kong?utm_source=rss_feed Sun, 03 May 2026 08:30:12 +0000 Enoch Yiu Enoch Yiu Financial officials from Hong Kong and mainland China met on Tuesday to discuss strengthening cross-border connect schemes, according to a statement from the State Administration of Foreign Exchange (SAFE). The meeting between Hong Kong Monetary Authority (HKMA) chief executive Eddie Yue Wai-man and People’s Bank of China (PBOC) deputy governor Zhu Hexin, who is also SAFE administrator, touched on ways to bolster the city’s role as an international financial centre, the statement said. SAFE... https://www.scmp.com/business/banking-finance/article/3351828/hong-kong-mainland-china-officials-meet-bolster-cross-border-connect-schemes?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3351828/hong-kong-mainland-china-officials-meet-bolster-cross-border-connect-schemes?utm_source=rss_feed Wed, 29 Apr 2026 08:33:05 +0000 Enoch Yiu Enoch Yiu Hong Kong Exchanges and Clearing (HKEX), operator of Asia’s third-largest stock market, reported a record quarterly profit in the first three months of 2026, buoyed by more new listings and increased turnover. Net profit rose 27 per cent to HK$5.19 billion (US$662 million) – or HK$4.10 per share – from a year earlier, the company said on Wednesday. The result beat the HK$4.6 billion consensus among analysts. It is the highest quarterly profit on record, surpassing the HK$4.9 billion in the third... https://www.scmp.com/business/banking-finance/article/3351801/hkex-posts-record-quarterly-profit-topping-forecast-listings-and-turnover-surge?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3351801/hkex-posts-record-quarterly-profit-topping-forecast-listings-and-turnover-surge?utm_source=rss_feed Wed, 29 Apr 2026 05:50:25 +0000 Ralph Jennings Ralph Jennings China has launched a bond-market-connect scheme with Brazil, Chinese media outlets reported this week, marking the first such link among emerging markets. Schemes such as this one, often dubbed “connects” between Chinese bond or stock markets and their offshore counterparts, typically allow investors to bypass special permits or capital-flow controls when trading on either side’s exchanges. China now maintains at least five offshore capital-market “connect” schemes on three continents. Hong... https://www.scmp.com/economy/global-economy/article/3351185/brazil-beckoned-china-now-has-stock-and-bond-connect-schemes-these-5-regions?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3351185/brazil-beckoned-china-now-has-stock-and-bond-connect-schemes-these-5-regions?utm_source=rss_feed Thu, 23 Apr 2026 23:00:10 +0000 Yulu Ao Yulu Ao Mainland Chinese investors have slowed their purchases of Hong Kong-listed shares this year after last year’s record inflows, as more artificial intelligence investment opportunities have emerged in mainland markets, according to BNP Paribas. Southbound inflows via the Stock Connect cross-border system have reached about US$30 billion so far this year, a slower pace than 2025, when they hit US$180 billion for the full year, according to the French bank. The deceleration reflected changing market... https://www.scmp.com/business/china-business/article/3351090/ai-driven-hong-kong-stock-inflows-mainland-china-slow-investor-options-multiply?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3351090/ai-driven-hong-kong-stock-inflows-mainland-china-slow-investor-options-multiply?utm_source=rss_feed Thu, 23 Apr 2026 04:49:32 +0000 Yulu Ao Yulu Ao A long-standing pricing gap between the mainland China-listed and Hong Kong shares of dual-listed companies has narrowed – and in some cases reversed – as global investors re-rate China’s technology companies. The Hang Seng AH Premium Index, a widely watched gauge of the valuation gap between dual-listed companies’ A shares trading on mainland exchanges and their H shares in Hong Kong, has remained below 120 in recent sessions, down sharply from a high of 157.89 in February 2024. The shift has... https://www.scmp.com/business/china-business/article/3350886/premium-mainland-china-shares-erodes-or-flips-capital-flows-hong-kong?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3350886/premium-mainland-china-shares-erodes-or-flips-capital-flows-hong-kong?utm_source=rss_feed Tue, 21 Apr 2026 10:30:07 +0000 Daniel Ren Daniel Ren Hong Kong Exchanges and Clearing (HKEX) has proposed halving the cash settlement cycle for share trading as part of efforts to enhance market efficiency and liquidity. The city’s bourse operator said in a consultation paper on Friday that it aimed to implement a “T+1” system – under which trades are settled one day after the transaction – in the fourth quarter of 2027, replacing the existing “T+2” cycle. If adopted, the shortened cycle would apply to equities, exchange-traded products,... https://www.scmp.com/business/banking-finance/article/3350526/hkex-proposes-halving-share-settlement-cycle-bid-boost-hong-kongs-financial-profile?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3350526/hkex-proposes-halving-share-settlement-cycle-bid-boost-hong-kongs-financial-profile?utm_source=rss_feed Fri, 17 Apr 2026 13:51:01 +0000 Enoch Yiu Enoch Yiu Mark Mobius, who was known as the father of emerging markets and was among the first fund managers to invest in Hong Kong and mainland China, died on Wednesday at the age of 89, according to a statement on his LinkedIn account. The statement did not give the cause. Mobius was based in Dubai in recent years and remained active in investment via his own firm. He was managing director of Mobius Emerging Opportunities Fund. Mobius remained bullish on China throughout his career. In his last... https://www.scmp.com/business/markets/article/3350250/mark-mobius-pioneering-emerging-market-investor-and-china-bull-dies-89?utm_source=rss_feed https://www.scmp.com/business/markets/article/3350250/mark-mobius-pioneering-emerging-market-investor-and-china-bull-dies-89?utm_source=rss_feed Thu, 16 Apr 2026 04:30:22 +0000 Yulu Ao Yulu Ao Hong Kong stocks advanced on Wednesday, tracking overnight gains on Wall Street, as renewed optimism over a potential resumption of US-Iran talks eased geopolitical concerns and dragged oil prices lower. The benchmark Hang Seng Index closed 0.3 per cent higher at 25,947.32, extending a 0.8 per cent gain on Tuesday. On the mainland, the CSI 300 Index fell 0.3 per cent while the Shanghai Composite Index was little changed. The ChiNext Index closed 1.2 per cent lower after jumping as much as 1.1... https://www.scmp.com/business/china-business/article/3350108/hong-kong-stocks-surge-hopes-us-iran-talks-ease-oil-price-fears?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3350108/hong-kong-stocks-surge-hopes-us-iran-talks-ease-oil-price-fears?utm_source=rss_feed Wed, 15 Apr 2026 02:28:04 +0000 Yulu Ao Yulu Ao China’s stocks climbed on Friday, with key benchmarks in mainland China and Hong Kong briefly returning to levels last seen about two weeks ago, as signs of a possible ceasefire between the US and Iran helped boost sentiment. Hong Kong’s Hang Seng Index climbed 0.6 per cent to 25,893.54 at the close, after gaining as much as 1.3 per cent to briefly top the 26,000 mark – a level not seen since March 18. The Hang Seng Tech Index advanced 0.8 per cent. On the mainland, the Shanghai Composite Index... https://www.scmp.com/business/china-business/article/3349590/china-stocks-surge-shanghai-and-hong-kong-benchmarks-reclaim-key-levels?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3349590/china-stocks-surge-shanghai-and-hong-kong-benchmarks-reclaim-key-levels?utm_source=rss_feed Fri, 10 Apr 2026 02:32:16 +0000 Zhang Shidong Zhang Shidong Mainland Chinese investors extended their buying spree of Hong Kong stocks in March, looking past the turmoil triggered by the US-Israel war on Iran and betting that Chinese assets would be able to withstand the oil shock. Onshore traders bought HK$61.4 billion (US$7.8 billion) of the city’s stocks through the cross-border exchange link programme last month, marking a third consecutive month of net inflows, data from the Hong Kong stock exchange and Bloomberg showed. The buying came even as the... https://www.scmp.com/business/china-business/article/3348758/chinese-traders-shrug-volatility-buy-hong-kong-stocks-third-straight-month?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3348758/chinese-traders-shrug-volatility-buy-hong-kong-stocks-third-straight-month?utm_source=rss_feed Thu, 02 Apr 2026 06:00:12 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose for a third day on Wednesday as investors tracked overnight gains on Wall Street and took cues from stabilising oil prices, despite lingering geopolitical tensions in the Middle East. The Hang Seng Index added 0.6 per cent to 26,025.42 at the close of trading, marking its third consecutive day of gains and the longest winning streak since January 29. The Hang Seng Tech Index was little changed. On the mainland, the CSI 300 Index gained 0.5 per cent and the Shanghai... https://www.scmp.com/business/china-business/article/3346952/hong-kong-stocks-extend-winning-streak-amid-stabilising-oil-prices-despite-iran-conflict?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3346952/hong-kong-stocks-extend-winning-streak-amid-stabilising-oil-prices-despite-iran-conflict?utm_source=rss_feed Wed, 18 Mar 2026 02:04:27 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose for a second day on Tuesday, tracking Wall Street’s gains, as oil prices steadied after a sharp overnight decline, easing concerns over inflation and geopolitical tensions. The Hang Seng Index added 0.1 per cent to 25,868.54 at the close of trading, after rising as much as 1.6 per cent in the morning. The Hang Seng Tech Index fell 0.1 per cent. On the mainland, the CSI 300 Index lost 0.7 per cent and the Shanghai Composite Index declined 0.9 per cent. E-commerce giant... https://www.scmp.com/business/china-business/article/3346816/hong-kong-stocks-advance-oil-steadies-and-wall-street-rally-fuels-confidence?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3346816/hong-kong-stocks-advance-oil-steadies-and-wall-street-rally-fuels-confidence?utm_source=rss_feed Tue, 17 Mar 2026 01:58:50 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose on Monday, led by technology heavyweights, as improving sentiment towards the sector offset concerns over prolonged tensions in the Middle East, after prominent investor Michael Burry suggested the city’s tech shares may be undervalued. The Hang Seng Index gained 1.5 per cent to 25,834.02 at the close of trading, reversing the 1 per cent loss recorded on Friday. The Hang Seng Tech Index gained 2.7 per cent. On the mainland, the CSI 300 Index added 0.1 per cent and the... https://www.scmp.com/business/china-business/article/3346696/hong-kong-stocks-edge-lower-us-iran-stand-oil-supply-fears?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3346696/hong-kong-stocks-edge-lower-us-iran-stand-oil-supply-fears?utm_source=rss_feed Mon, 16 Mar 2026 01:57:31 +0000 Emily Hung Emily Hung Hong Kong has been urged to extend its stock trading hours to maintain its status as an international financial hub, as competitors move towards near 24-hour operations to capture global liquidity. Speaking at the “Redefining Hong Kong 2026 Budget Edition” forum organised by the South China Morning Post on Monday, Kenny Shui Chi-wai, vice-president of think tank Our Hong Kong Foundation, said the city should consider lengthening the stock market’s trading hours, which rivals were already... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3346018/hong-kong-urged-extend-stock-trading-hours-keep-rivals?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3346018/hong-kong-urged-extend-stock-trading-hours-keep-rivals?utm_source=rss_feed Mon, 09 Mar 2026 15:53:50 +0000 Letters Letters Feel strongly about these letters, or any other aspects of the news? Share your views by emailing us your Letter to the Editor at letters@scmp.com or filling in this Google form. Submissions should not exceed 400 words Artificial intelligence in 2026 is moving from a passive tool to an active partner. Big tech companies are throwing more money at capex to stand out in the AI race. Meanwhile, tech firms are raising funds to make technological breakthroughs and solidify their competitive edge.... https://www.scmp.com/opinion/letters/article/3345673/hong-kong-can-do-more-connect-mainland-funds-tech-stocks?utm_source=rss_feed https://www.scmp.com/opinion/letters/article/3345673/hong-kong-can-do-more-connect-mainland-funds-tech-stocks?utm_source=rss_feed Mon, 09 Mar 2026 03:30:08 +0000 Zhang Shidong,Ji Siqi Zhang Shidong,Ji Siqi China’s high-level policymakers have reiterated the need to defuse financial risks and root out political corruption, two of President Xi Jinping’s long-term priorities, in the run-up to this year’s ‘two sessions’ – the annual meetings of the country’s top legislature and political advisory body. In this series, we take stock of how those efforts have progressed, and what remains to be done. When the Dow Jones Industrial Average closed above 50,000 points for the first time in early February, US... https://www.scmp.com/economy/china-economy/article/3345708/chinas-vision-powerhouse-stock-market-its-slow-and-steady-over-boom-and-bust?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3345708/chinas-vision-powerhouse-stock-market-its-slow-and-steady-over-boom-and-bust?utm_source=rss_feed Fri, 06 Mar 2026 22:00:13 +0000 Yulu Ao,Themis Qi Yulu Ao,Themis Qi Hong Kong can reinforce its role as an international financial centre by deepening integration with mainland capital markets and expanding cross-border investment channels, financial industry leaders said on Thursday during China’s annual “two sessions”. Stronger collaboration between Hong Kong and mainland exchanges would enhance the resilience of the mainland’s financial system while supporting the internationalisation of the yuan, said Tan Yueheng, permanent honorary president of the Chinese... https://www.scmp.com/business/china-business/article/3345601/lean-harder-hong-kong-mainland-china-market-ties-two-sessions-delegates-urge?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3345601/lean-harder-hong-kong-mainland-china-market-ties-two-sessions-delegates-urge?utm_source=rss_feed Thu, 05 Mar 2026 23:30:07 +0000 Julie Zhang Julie Zhang Beijing should create a “connect” scheme for initial public offerings (IPOs) in the Greater Bay Area to allow mainland Chinese and Hong Kong investors to buy into new listings across the border, HSBC Asia-Pacific chairman Peter Wong Tung-shun said on the eve of China’s annual “two sessions” meetings. “If investors in both Shenzhen and Hong Kong are further allowed to participate simultaneously in IPOs in both markets – achieving a more comprehensive IPO connect mechanism for the Greater Bay Area... https://www.scmp.com/business/banking-finance/article/3345285/hsbc-chairman-floats-ipo-connect-hong-kong-shenzhen-ahead-chinas-two-sessions?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3345285/hsbc-chairman-floats-ipo-connect-hong-kong-shenzhen-ahead-chinas-two-sessions?utm_source=rss_feed Tue, 03 Mar 2026 10:30:09 +0000 Cao Li Cao Li Hong Kong stocks extended declines on Tuesday after panic selling gripped global markets, as the US-Iran war kept investors on edge and surging oil prices fuelled inflation concerns. The Hang Seng Index closed 1.1 per cent lower at 25,768.08 after losing 2.1 per cent on Monday. The Hang Seng Tech Index fell 2.3 per cent. On the mainland, the CSI 300 Index slid 1.5 per cent and the Shanghai Composite Index fell 1.4 per cent. Tensions between the US, its allies and Iran have disrupted global oil... https://www.scmp.com/business/markets/article/3345204/hong-kong-stocks-slide-second-day-us-iran-war-rattles-sentiment?utm_source=rss_feed https://www.scmp.com/business/markets/article/3345204/hong-kong-stocks-slide-second-day-us-iran-war-rattles-sentiment?utm_source=rss_feed Tue, 03 Mar 2026 02:14:04 +0000 Enoch Yiu Enoch Yiu When Wilson Chan Fung-cheung joined Hong Kong’s banking industry as a foreign-exchange trader more than four decades ago, his work involved US dollars, UK pounds, Japanese yen and various European and Asian currencies – but not Chinese yuan. “Back then, there was no yuan trading at all as, in fact, the internationalisation of the yuan only started in 2009,” recalled Chan, who has worked for various Chinese banks. Beijing’s decision that year to promote its currency for wider use in trade,... https://www.scmp.com/business/banking-finance/article/3344464/why-chinas-path-financial-superpower-status-could-begin-hong-kong?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3344464/why-chinas-path-financial-superpower-status-could-begin-hong-kong?utm_source=rss_feed Tue, 24 Feb 2026 15:00:09 +0000 Yulu Ao Yulu Ao US investors stepped up purchases of mainland and Hong Kong equities in the fourth quarter, while Chinese funds continued to channel money into US stocks, underscoring deep two-way capital ties despite geopolitical tensions. Data from the US Treasury’s International Capital system showed that US investors were net buyers of US$9 billion worth of Asian equities in the last quarter of 2025, bringing total net purchases for the year to US$80 billion, according to a report from BNP Paribas. Of that... https://www.scmp.com/business/china-business/article/3344456/us-investors-increase-buying-hong-kong-mainland-chinese-stocks-despite-trade-tensions?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3344456/us-investors-increase-buying-hong-kong-mainland-chinese-stocks-despite-trade-tensions?utm_source=rss_feed Tue, 24 Feb 2026 09:00:28 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell on Tuesday, tracking Wall Street’s losses, as renewed concerns about the artificial intelligence race weighed on sentiment, while mainland markets rallied on the first trading day in the Year of the Horse. The Hang Seng Index dropped 1.8 per cent to 26,590.32 at the close of trading, paring some of the 2.5 per cent gain recorded on Monday. The Hang Seng Tech Index fell 2.1 per cent. On the mainland, the CSI 300 Index rose 1 per cent while the Shanghai Composite Index jumped... https://www.scmp.com/business/china-business/article/3344393/hong-kong-stocks-retreat-ai-worries-china-markets-rally-year-horse?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3344393/hong-kong-stocks-retreat-ai-worries-china-markets-rally-year-horse?utm_source=rss_feed Tue, 24 Feb 2026 01:58:23 +0000 Yulu Ao Yulu Ao Hong Kong stocks jumped on Monday, as investors bet the latest adjustment to US tariffs would ease pressure on Chinese exports after a Supreme Court ruling prompted a reshuffling of trade measures. The Hang Seng Index surged 2.5 per cent to 27,081.91 at the close, the biggest gain since January 28. The Hang Seng Tech Index jumped 3.3 per cent, the best increase since January 2. Mainland China’s bourses, which have been closed for Lunar New Year, will reopen on Tuesday. Food-delivery service... https://www.scmp.com/business/china-business/article/3344285/hong-kong-stocks-jump-amid-flight-us-assets-after-latest-trump-tariff-threat?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3344285/hong-kong-stocks-jump-amid-flight-us-assets-after-latest-trump-tariff-threat?utm_source=rss_feed Mon, 23 Feb 2026 01:59:17 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell on Friday on the first trading day of the Year of the Horse, led by tech heavyweights, with escalating tensions between the US and Iran hurting sentiment. The Hang Seng Index closed 1.1 per cent lower at 26,413.35, after the market reopened following a three-day holiday for the Lunar New Year. The Hang Seng Tech Index dropped 2.9 per cent. Mainland China’s bourses are closed this week and will reopen on Tuesday. E-commerce major Alibaba Group Holding slumped 4.9 per cent to... https://www.scmp.com/business/china-business/article/3344062/hong-kong-stocks-fall-market-reopens-after-3-day-lunar-new-year-holiday?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3344062/hong-kong-stocks-fall-market-reopens-after-3-day-lunar-new-year-holiday?utm_source=rss_feed Fri, 20 Feb 2026 02:04:32 +0000 Enoch Yiu Enoch Yiu The Year of the Horse is set to bring volatility for the investments of Hong Kong’s 4.8 million Mandatory Provident Fund (MPF) members, following a record-breaking Year of the Snake that ended on Monday, according to analysts. The next zodiac year, which begins on Tuesday, is the seventh in the Chinese lunar calendar’s 12-year cycle, each represented by an animal. The Year of the Snake delivered estimated earnings of HK$251.6 billion (US$32 billion), the highest on record since the MPF was... https://www.scmp.com/business/banking-finance/article/3343304/can-hong-kongs-48-million-mpf-members-repeat-record-gains-year-horse?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3343304/can-hong-kongs-48-million-mpf-members-repeat-record-gains-year-horse?utm_source=rss_feed Mon, 16 Feb 2026 02:00:09 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose on Monday as investors headed into the Lunar New Year holiday on an upbeat note, betting that the Year of the Horse will extend a rally that delivered the biggest lunar-year gain in eight years amid strong southbound inflows. The Hang Seng Index rose 0.5 per cent to 26,705.94 at the close of trading at noon, ending a two-day decline. The Hang Seng Tech Index added 0.1 per cent. The Hang Seng Index is up 32 per cent since the Year of the Snake began on January 29, 2025, the... https://www.scmp.com/business/china-business/article/3343666/hong-kong-stocks-slip-light-trading-investors-prepare-lunar-new-year-break?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3343666/hong-kong-stocks-slip-light-trading-investors-prepare-lunar-new-year-break?utm_source=rss_feed Mon, 16 Feb 2026 01:51:02 +0000 Yulu Ao Yulu Ao South Korean investors returned to mainland equities at the start of 2026, ramping up purchases of Hong Kong-listed players in artificial intelligence and semiconductors amid enduring enthusiasm for the tech sector. They bought US$92.5 million worth of Hong Kong-listed shares this year as of February 13, according to data from SEIBro, a portal maintained by the Korea Securities Depository. The buying was concentrated in newly listed technology companies and exchange-traded funds (ETFs) tracking... https://www.scmp.com/business/china-business/article/3343628/korean-investors-pour-us925-million-hong-kong-listed-ai-tech-stocks?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3343628/korean-investors-pour-us925-million-hong-kong-listed-ai-tech-stocks?utm_source=rss_feed Mon, 16 Feb 2026 00:30:13 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell on Thursday after Beijing’s market regulator summoned major online platforms for talks over irregularities in the online sale of train tickets ahead of Lunar New Year, triggering losses among technology heavyweights. The Hang Seng Index dropped 0.9 per cent to 27,032.54 at the close, ending a three-day streak of winning sessions. The Hang Seng Tech Index declined 1.7 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both added 0.1 per... https://www.scmp.com/business/markets/article/3343249/hong-kong-stocks-slip-beijing-regulator-summons-tech-firms-train-ticket-complaints?utm_source=rss_feed https://www.scmp.com/business/markets/article/3343249/hong-kong-stocks-slip-beijing-regulator-summons-tech-firms-train-ticket-complaints?utm_source=rss_feed Thu, 12 Feb 2026 01:57:50 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose on Wednesday, supported by holiday-related flows ahead of the Lunar New Year break, with investors adjusting positions as the market heads into a shortened trading schedule next week. The Hang Seng Index rose 0.3 per cent to 27,266.38 at the close of trading, adding to the 0.6 per cent gain recorded on Tuesday. The Hang Seng Tech Index climbed 0.9 per cent. On the mainland, the CSI 300 Index fell 0.2 per cent and the Shanghai Composite Index added 0.1 per cent. Wuxi... https://www.scmp.com/business/china-business/article/3343127/hong-kong-stocks-rise-positive-holiday-bias-sets-ahead-lunar-new-year?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3343127/hong-kong-stocks-rise-positive-holiday-bias-sets-ahead-lunar-new-year?utm_source=rss_feed Wed, 11 Feb 2026 01:52:29 +0000 Enoch Yiu Enoch Yiu Hong Kong needs to consider widening the Stock Connect schemes and step up promotion in Southeast Asia and the Middle East to attract more international firms to list in the city, according to a government think tank. Rocky Tung Yat-ngok, newly appointed executive director of the Financial Services Development Council, said that while Hong Kong has been a major listing venue for mainland firms, international companies remain a minority on the local bourse. The FSDC conducts ­studies and research... https://www.scmp.com/business/banking-finance/article/3342831/hong-kong-needs-more-global-listings-wider-stock-connect-strengthen-hub-role-fsdc?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3342831/hong-kong-needs-more-global-listings-wider-stock-connect-strengthen-hub-role-fsdc?utm_source=rss_feed Mon, 09 Feb 2026 00:00:15 +0000 Enoch Yiu Enoch Yiu Hong Kong and Singapore are set to be the biggest winners in attracting new capital inflows as global investors diversify their asset allocations amid geopolitical risks and trade tensions, according to the top executive at DBS Group. The two Asian financial centres would be the best choice for international investors who previously held overweight positions in US markets but now sought to diversify their portfolios, Tan Su Shan, CEO of the largest lender in Southeast Asia, said in an interview... https://www.scmp.com/business/banking-finance/article/3342823/hong-kong-singapore-be-biggest-winners-global-capital-flows-shift-asia-dbs-ceo?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3342823/hong-kong-singapore-be-biggest-winners-global-capital-flows-shift-asia-dbs-ceo?utm_source=rss_feed Sun, 08 Feb 2026 23:00:15 +0000 Xiaofei Xu Xiaofei Xu London has cemented its role as a leading offshore hub for China’s yuan, according to a new financial cooperation agreement that also aims to ease the cross-listing of firms in each other’s markets. This emerged from the first meeting of the UK-China Financial Working Group, which convened in Beijing on Saturday. The meeting coincided with the final day of British Prime Minister Keir Starmer’s state visit. The meeting’s outcome and a joint statement were not made public until Friday. “The... https://www.scmp.com/economy/global-economy/article/3342696/uk-china-boost-financial-ties-deepen-londons-role-offshore-yuan-hub?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3342696/uk-china-boost-financial-ties-deepen-londons-role-offshore-yuan-hub?utm_source=rss_feed Fri, 06 Feb 2026 13:00:29 +0000 Yulu Ao,Zhu Wenqian Yulu Ao,Zhu Wenqian A global swing over the past few days - from technology stocks to commodities and then extending to already sold down cryptocurrencies - has rattled investors, as violent cross-asset moves force markets to face a fundamental repricing in the digital economy and the broader implications of artificial intelligence. Analysts now warn that heightened volatility across asset classes could persist for months. The reassessment has played out through sharp declines across major benchmarks, led by a... https://www.scmp.com/business/china-business/article/3342680/tech-sell-rattles-investors-cross-asset-volatility-set-linger?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3342680/tech-sell-rattles-investors-cross-asset-volatility-set-linger?utm_source=rss_feed Fri, 06 Feb 2026 09:56:10 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell on Friday, losing ground for the week, as a sell-off in technology stocks continued and dropping prices for gold, silver and cryptocurrencies rattled investors. The Hang Seng Index lost 1.2 per cent to 26,559.95, marking a 3 per cent weekly loss. The Hang Seng Tech Index lost 1.1 per cent. On the mainland, the CSI 300 Index fell 0.6 per cent and the Shanghai Composite Index slipped 0.3 per cent. Technology heavyweights led losses. Search-engine operator Baidu dropped 2.2... https://www.scmp.com/business/china-business/article/3342582/hong-kong-stocks-plunge-led-mainland-tech-firms-amid-global-sell-gold-crypto?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3342582/hong-kong-stocks-plunge-led-mainland-tech-firms-amid-global-sell-gold-crypto?utm_source=rss_feed Fri, 06 Feb 2026 02:08:07 +0000 Yulu Ao Yulu Ao Hong Kong stocks edged up on Thursday, as robust southbound inflows overcame losses in technology shares driven by valuation and AI-related concerns. The Hang Seng Index ended 0.1 per cent higher at 26,885.24 as of the close of trading, after dropping as much as 1.6 per cent. The Hang Seng Tech Index gained 0.7 per cent. On the mainland, both the CSI 300 Index and the Shanghai Composite Index lost 0.6 per cent. Search-engine operator Baidu rose 2.7 per cent to HK$140.90 after unveiling a US$5... https://www.scmp.com/business/china-business/article/3342440/alibaba-kuaishou-smic-drop-hong-kong-tech-stock-sell-ai-fears-grip?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3342440/alibaba-kuaishou-smic-drop-hong-kong-tech-stock-sell-ai-fears-grip?utm_source=rss_feed Thu, 05 Feb 2026 02:13:15 +0000 Yulu Ao Yulu Ao Hong Kong stocks edged up on Wednesday, recovering from tech-led losses in the morning, as gains in mainland solar companies and easing concerns over a broad value-added tax (VAT) hike helped lift sentiment. The Hang Seng Index rose 0.1 per cent to 26,847.32 at the close of trading, after falling as much as 0.9 per cent earlier. The Hang Seng Tech Index fell 1.8 per cent. On the mainland, the CSI 300 Index gained 0.8 per cent while the Shanghai Composite Index added 0.9 per cent. Power-tool... https://www.scmp.com/business/china-business/article/3342300/hong-kong-stocks-slip-tax-worries-weigh-tech-mainland-stock-sentiment?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3342300/hong-kong-stocks-slip-tax-worries-weigh-tech-mainland-stock-sentiment?utm_source=rss_feed Wed, 04 Feb 2026 01:52:34 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose on Tuesday amid stabilising risk sentiment, but losses in technology shares capped the upside amid market chatter that Chinese authorities may target financial and internet value-added services for tax-rate adjustments. The Hang Seng Index climbed 0.2 per cent to 26,834.77 at the close of trading, after rising as much as 1.3 per cent earlier. The Hang Seng Tech Index fell 1.1 per cent. On the mainland, the CSI 300 Index gained 1.2 per cent and the Shanghai Composite Index... https://www.scmp.com/business/china-business/article/3342166/hong-kong-stocks-rise-easing-geopolitical-tensions-precious-metals-gain?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3342166/hong-kong-stocks-rise-easing-geopolitical-tensions-precious-metals-gain?utm_source=rss_feed Tue, 03 Feb 2026 01:48:07 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell on Monday, mirroring Wall Street’s retreat, as risk sentiment evaporated after a choppy end to last week that also dragged down precious metals. The Hang Seng Index declined 2.2 per cent to 26,775.57 at the close of trading, the biggest drop since November 21. It added to a 2.1 per cent loss recorded in the previous session. The Hang Seng Tech Index dropped 3.4 per cent. On the mainland, the CSI 300 Index lost 2.1 per cent and the Shanghai Composite Index fell 2.5 per... https://www.scmp.com/business/china-business/article/3342032/hong-kong-stocks-drop-shaky-risk-sentiment-us-equities-and-metals-slide?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3342032/hong-kong-stocks-drop-shaky-risk-sentiment-us-equities-and-metals-slide?utm_source=rss_feed Mon, 02 Feb 2026 02:00:04 +0000 Enoch Yiu Enoch Yiu The UK and China are considering a new cross-border asset-management link and upgrades to their existing stock connect scheme, as both sides seek closer capital-market cooperation, according to Ashley Alder, chairman of the UK’s Financial Conduct Authority (FCA). “We are looking at enhancing market connectivity between China and the UK, particularly by building on the stock connect with Shanghai and Shenzhen,” Alder said. “In addition, we are exploring other areas of cooperation, such as asset... https://www.scmp.com/business/banking-finance/article/3341772/uk-and-china-weigh-cross-border-asset-management-scheme-deepen-market-ties?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3341772/uk-and-china-weigh-cross-border-asset-management-scheme-deepen-market-ties?utm_source=rss_feed Fri, 30 Jan 2026 04:30:10 +0000 Yulu Ao Yulu Ao Hong Kong stocks retreated on Friday, ending a seven-day rally, as investors locked in profits on the final trading day in January after a sharp month-long surge. Investors were also cautious ahead of an announcement on the US Federal Reserve’s next chair. The Hang Seng Index fell 2.1 per cent to 27,387.11 at the close, pulling back from a multi-year high on Thursday. The benchmark climbed 6.8 per cent this month, its strongest performance since September 2025, when it finished 7.1 per cent... https://www.scmp.com/business/china-business/article/3341753/hong-kong-stocks-end-7-day-rally-investors-resort-profit-taking?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3341753/hong-kong-stocks-end-7-day-rally-investors-resort-profit-taking?utm_source=rss_feed Fri, 30 Jan 2026 02:18:48 +0000 Aileen Chuang Aileen Chuang Hong Kong’s new share market continues to sizzle, with three companies seeking to raise a combined US$2 billion on Thursday, led by Chinese pig-breeding giant Muyuan Foods, which launched the city’s largest flotation of the year. The world’s largest hog firm planned to raise HK$10.7 billion (US$1.4 billion) by selling about 274 million new shares at up to HK$39 each, according to its prospectus, hot on the heels of another billion-dollar deal from Chinese drinks giant Eastroc Beverage. At the... https://www.scmp.com/business/banking-finance/article/3341623/3-mainland-chinese-firms-add-hong-kongs-ipo-boom-us2-billion-fundraising?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3341623/3-mainland-chinese-firms-add-hong-kongs-ipo-boom-us2-billion-fundraising?utm_source=rss_feed Thu, 29 Jan 2026 04:00:54 +0000 Yulu Ao Yulu Ao Hong Kong stocks extended gains for a seventh day on Thursday, supported by resource and property firms, with analysts maintaining an earnings-driven “slow bull” outlook for the market. The Hang Seng Index closed 0.5 per cent higher at 27,968.09, after briefly crossing 28,000 points, a level last seen in July 2021. The benchmark gained 2.6 per cent on Wednesday. The Hang Seng Tech Index dropped 1 per cent. On the mainland, the CSI 300 Index rose 0.8 per cent and the Shanghai Composite Index... https://www.scmp.com/business/china-business/article/3341611/hong-kong-stocks-snap-gains-profit-taking-concerns-over-ai-investment-returns?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3341611/hong-kong-stocks-snap-gains-profit-taking-concerns-over-ai-investment-returns?utm_source=rss_feed Thu, 29 Jan 2026 02:20:11 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose on Wednesday to their highest level in four and a half years as investors expect equities to rally further on the back of robust corporate earnings and a rotation away from US assets amid geopolitical tensions. The Hang Seng Index closed 2.6 per cent higher at 27,826.91, the highest since July 2021. The Hang Seng Tech Index gained 2.5 per cent. On the mainland, both the CSI 300 Index and the Shanghai Composite Index added 0.3 per cent. Lender HSBC Holdings rose 2.2 per cent... https://www.scmp.com/business/china-business/article/3341476/hong-kong-stocks-maintain-momentum-hit-4-year-high?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3341476/hong-kong-stocks-maintain-momentum-hit-4-year-high?utm_source=rss_feed Wed, 28 Jan 2026 02:10:49 +0000 Yulu Ao Yulu Ao Hong Kong stocks extended a rally for a fifth day on Tuesday, supported by Wall Street gains and Chinese industrial profit data pointing to improved earnings momentum for industrial firms. The Hang Seng Index closed 1.4 per cent higher at 27,126.95, the highest level since October 3. The Hang Seng Tech Index gained 0.5 per cent. On the mainland, the CSI 300 Index was little changed and the Shanghai Composite Index added 0.2 per cent. Metal firms rose as demand for non-ferrous metals continues to... https://www.scmp.com/business/china-business/article/3341323/hong-kong-stocks-rise-fifth-day-led-chinese-metals-firms?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3341323/hong-kong-stocks-rise-fifth-day-led-chinese-metals-firms?utm_source=rss_feed Tue, 27 Jan 2026 02:11:04 +0000 Yulu Ao Yulu Ao Hong Kong stocks closed marginally higher on Monday amid geopolitical tensions, with some investors rotating into Chinese equities as a hedge against US market volatility, while optimism over a nascent rebound in the city’s property market pushed developers higher. Haven assets such as gold and silver surged to new highs. The Hang Seng Index rose less than 0.1 per cent to 26,765.52, after dropping as much as 0.5 per cent. The Hang Seng Tech Index lost 1.2 per cent. On the mainland, the CSI 300... https://www.scmp.com/business/china-business/article/3341194/pop-mart-zijin-mining-lead-hong-kong-stocks-higher-early-trading?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3341194/pop-mart-zijin-mining-lead-hong-kong-stocks-higher-early-trading?utm_source=rss_feed Mon, 26 Jan 2026 02:01:57 +0000 Aileen Chuang Aileen Chuang The board of Shanghai Fosun Pharmaceutical approved the spin-off and Hong Kong listing of its vaccine unit, aiming to bolster the business as biotechnology shares continue to outperform in the city’s stock market. The board cleared the proposed spin-off of Fosun Adgenvax (Chengdu) Biopharmaceutical for a Hong Kong initial public offering (IPO) on Thursday, according to a late filing by Fosun Pharma, whose shares are listed in Shanghai and Hong Kong. The filing did not disclose the planned IPO... https://www.scmp.com/business/banking-finance/article/3340932/chinas-fosun-pharma-eyes-spin-listing-vaccine-unit-hot-hong-kong-ipo-market?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3340932/chinas-fosun-pharma-eyes-spin-listing-vaccine-unit-hot-hong-kong-ipo-market?utm_source=rss_feed Fri, 23 Jan 2026 04:30:49 +0000