https://www.scmp.com/rss/507650/feed Latest news and analysis about the Hong Kong stock market, including market movements, policies, stock sales, and related exchange filings. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com 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 Zhang Shidong Zhang Shidong Investors are betting on a diplomatic solution to end the US-Israel war on Iran, even after peace talks fell apart over the weekend. Initial fears about an escalation of the war after the US naval blockade of the Strait of Hormuz quickly faded, with US equities staging a dramatic comeback on Monday, erasing nearly all of the losses incurred by the S&P 500 index since the start of the conflict. Asian stocks followed suit on Tuesday, with key equity benchmarks from Japan to Hong Kong rebounding to... https://www.scmp.com/business/china-business/article/3350021/stocks-regain-most-their-us-iran-war-losses-amid-hopes-diplomacy-will-prevail?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3350021/stocks-regain-most-their-us-iran-war-losses-amid-hopes-diplomacy-will-prevail?utm_source=rss_feed Tue, 14 Apr 2026 08:01:01 +0000 Yulu Ao,Daniel Ren Yulu Ao,Daniel Ren Chinese electric vehicle (EV) stocks rallied against a falling broader market in Hong Kong on Monday, as strong export data and rising oil prices bolstered the appeal of battery-powered and hybrid cars while a coming wave of model launches sparked hopes of a domestic demand recovery. Nio surged 7.5 per cent to HK$52.40 on Monday, while BYD climbed 5 per cent to HK$110.30, the highest since October 2. Xpeng advanced 0.9 per cent to HK$67.60, and Zhejiang Leapmotor Technology added 1.6 per cent to... https://www.scmp.com/business/china-business/article/3349858/chinese-ev-stocks-jump-surging-exports-hopes-domestic-demand-recovery?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3349858/chinese-ev-stocks-jump-surging-exports-hopes-domestic-demand-recovery?utm_source=rss_feed Mon, 13 Apr 2026 06:00:19 +0000 Zhang Shidong Zhang Shidong Stocks fell and oil surged on Monday as investors pared back their bets on risk assets after US President Donald Trump said American forces would block the Strait of Hormuz, escalating the war in the Middle East after talks between Washington and Tehran to end the conflict collapsed. All equity benchmarks in Asia bar China slid, amid renewed concerns that higher energy costs would derail growth after crude oil futures soared back above US$100 a barrel. Brent and West Texas Intermediate both... https://www.scmp.com/business/china-business/article/3349829/stocks-drop-and-oil-surges-back-above-us100-us-blockage-hormuz-escalates-war?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3349829/stocks-drop-and-oil-surges-back-above-us100-us-blockage-hormuz-escalates-war?utm_source=rss_feed Mon, 13 Apr 2026 01:54:27 +0000 Zhang Shidong Zhang Shidong Investors betting on a China reflation trade may be in for a reality check, as rising government bond prices and lacklustre equities point to lingering doubts about whether inflation in the world’s second-largest economy can be sustained. Yields on China’s one-year sovereign bonds have fallen by 5.5 basis points over the past three weeks, while 10-year yields are down 1.6 basis points. Over the same period, the benchmark CSI 300 Index has slipped about 1 per cent. Bond yields move inversely to... https://www.scmp.com/business/china-business/article/3349701/chinas-reflation-narrative-under-scrutiny-bond-market-signals-caution?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3349701/chinas-reflation-narrative-under-scrutiny-bond-market-signals-caution?utm_source=rss_feed Mon, 13 Apr 2026 00:00:12 +0000 Enoch Yiu Enoch Yiu Fang Liu, a partner at global law firm Clifford Chance, counts among his clients many technology companies that are keen to list in Hong Kong, but find the current requirements cumbersome. Clifford Chance has helped more than a dozen innovative companies raise funds under the new listing regime since 2018, when Hong Kong Exchanges and Clearing (HKEX) introduced reforms for pre-revenue biotech firms and companies with weighted voting rights (WVR), where one class of shareholders carries more... https://www.scmp.com/business/markets/article/3349647/hong-kongs-listing-reform-20-can-it-outshine-global-rivals-innovative-firms?utm_source=rss_feed https://www.scmp.com/business/markets/article/3349647/hong-kongs-listing-reform-20-can-it-outshine-global-rivals-innovative-firms?utm_source=rss_feed Sat, 11 Apr 2026 03:00:12 +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 Hong Kong stocks surged alongside other markets in Asia on Wednesday as oil plunged after the US and Iran struck a two-week ceasefire, reviving demand for risk assets that had been pummelled by fears of global stagflation. The Hang Seng Index rose 3.1 per cent to 25,893.02 points at the close after trading reopened following three days of public holidays. The mainland’s CSI 300 Index climbed 3.5 per cent and the Shanghai Composite Index added 2.7 per cent. Alibaba Group Holding and other... https://www.scmp.com/business/china-business/article/3349319/hong-kong-stocks-jump-risk-appetite-returns-after-us-and-iran-agree-ceasefire?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3349319/hong-kong-stocks-jump-risk-appetite-returns-after-us-and-iran-agree-ceasefire?utm_source=rss_feed Wed, 08 Apr 2026 02:57:13 +0000 Yulu Ao Yulu Ao Chinese toymaker Pop Mart remains under pressure despite carrying out six share buy-backs over the past few days following a sell-off after its results, raising questions over whether the weakness reflects concerns about its Labubu-led growth and valuation. The Beijing-based company has stepped up efforts to support its share price through market purchases. Pop Mart bought back 700,000 shares on Thursday at prices ranging from HK$140.90 to HK$142.30, for a total of HK$99.2 million (US$12.6... https://www.scmp.com/business/china-business/article/3348876/chinas-pop-mart-struggles-stem-slide-despite-buy-backs-amid-labubu-reliance-concerns?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3348876/chinas-pop-mart-struggles-stem-slide-despite-buy-backs-amid-labubu-reliance-concerns?utm_source=rss_feed Fri, 03 Apr 2026 04:03:57 +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 Zhang Shidong Zhang Shidong Optimism that the month-long US-Israel war against Iran was nearing a conclusion lifted Hong Kong stocks and other markets in Asia on Wednesday, as investors shifted into risk-on mode after US President Donald Trump said Middle East hostilities could end in two or three weeks. The Hang Seng Index rose 2 per cent to 25,294.03 at the close, its biggest gain in a week. The Hang Seng Tech Index rallied 2.3 per cent. The mainland’s CSI 300 Index climbed 1.7 per cent and the Shanghai Composite Index... https://www.scmp.com/business/china-business/article/3348597/hong-kong-stocks-surge-hopes-rise-end-iran-conflict?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3348597/hong-kong-stocks-surge-hopes-rise-end-iran-conflict?utm_source=rss_feed Wed, 01 Apr 2026 02:00:30 +0000 Neil Denslow,Raymond Ma Neil Denslow,Raymond Ma Chinese and Hong Kong shares suffered their worst month since January 2024 as the war on Iran upended global oil markets and spurred economic concerns. The mainland CSI 300 lost 5.5 per cent in March, while Hong Kong’s Hang Seng Index dropped 6.9 per cent. Both indexes also fell for the second quarter in a row. The broader MSCI Asia-Pacific Index plunged 12 per cent in US dollar terms in March, its biggest monthly loss in more than three years. Stocks have fallen around the world since Iran shut... https://www.scmp.com/plus/business/markets/article/3348529/iran-war-hits-stocks-hong-kong-ipo-boom-falters?utm_source=rss_feed https://www.scmp.com/plus/business/markets/article/3348529/iran-war-hits-stocks-hong-kong-ipo-boom-falters?utm_source=rss_feed Tue, 31 Mar 2026 09:10:54 +0000 Cao Li Cao Li Hong Kong stocks dropped on Monday as escalating tensions in the Middle East sent oil prices to recent highs. Over the weekend, Yemen’s Iran-backed Houthi rebels launched attacks directly on Israel, which intensified strikes on Tehran. The US has also deployed additional military forces to the Middle East. The escalation pushed up oil prices, with Brent crude jumping as much as 3.7 per cent to US$116.80 a barrel, its highest in more than a week, while West Texas Intermediate rose to US$101 a... https://www.scmp.com/business/article/3348360/hong-kong-stocks-fall-asia-iran-conflict-drives-oil-prices-higher?utm_source=rss_feed https://www.scmp.com/business/article/3348360/hong-kong-stocks-fall-asia-iran-conflict-drives-oil-prices-higher?utm_source=rss_feed Mon, 30 Mar 2026 06:10:13 +0000 Vincent Chow Vincent Chow A new artificial intelligence algorithm developed by Google that could reduce demand for memory chips triggered a slump in global memory stocks, but analysts said it presented an opportunity for investors to “buy the dip”. Shares in memory giants including Samsung and SK Hynix fell after Google said in a blog post on Tuesday that the algorithm, called TurboQuant, reduced the memory demands of key-value (KV) caches – a crucial component of how AI models are served to users – by six times through... https://www.scmp.com/tech/big-tech/article/3348038/googles-turboquant-ai-advance-dents-memory-chip-stocks-analysts-say-buy-dip?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3348038/googles-turboquant-ai-advance-dents-memory-chip-stocks-analysts-say-buy-dip?utm_source=rss_feed Thu, 26 Mar 2026 13:24:11 +0000 Cheryl Arcibal,Themis Qi Cheryl Arcibal,Themis Qi China National Offshore Oil Corporation (CNOOC), the country’s largest producer of offshore crude oil and natural gas, aims to further boost production this year amid geopolitical tensions and rising oil prices. The plan came after the state-backed company reported an 11.5 per cent drop in net profit to 122.08 billion yuan (US$17.7 billion) in 2025, owing to low oil prices during the year, even though it produced record-high volumes of the commodities. Its revenue in the period also dipped by... https://www.scmp.com/business/article/3348035/chinas-cnooc-boost-oil-and-gas-output-amid-middle-east-strife?utm_source=rss_feed https://www.scmp.com/business/article/3348035/chinas-cnooc-boost-oil-and-gas-output-amid-middle-east-strife?utm_source=rss_feed Thu, 26 Mar 2026 12:36:39 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s biggest free-to-air broadcaster swung to a profit of HK$59 million (US$7.5 million) in 2025 from a loss of HK$491 million a year earlier, as threefold growth in revenue from the Greater Bay Area helped shake off a streak of annual losses that began in 2018. Television Broadcasts (TVB) said in a stock exchange filing on Wednesday that 2025 revenue fell 2 per cent from a year earlier to HK$3.19 billion, while it trimmed total costs, excluding depreciation and amortisation, by 4.9 per... https://www.scmp.com/business/article/3347895/hong-kongs-tvb-logs-us75-million-profit-shaking-seven-years-losses?utm_source=rss_feed https://www.scmp.com/business/article/3347895/hong-kongs-tvb-logs-us75-million-profit-shaking-seven-years-losses?utm_source=rss_feed Wed, 25 Mar 2026 13:15:42 +0000 Zhu Wenqian Zhu Wenqian Chinese toymaker Pop Mart reported strong annual growth in revenue and net profit for 2025, but not enough to alleviate investor fears that the company remains too reliant on the Labubu phenomenon. Annual revenue jumped 184.7 per cent from a year earlier to 37.12 billion yuan (US$5.4 billion), while net profit surged 284.5 per cent to 13.08 billion yuan, the company said on Wednesday. However, its Hong Kong-listed shares plunged 22.5 per cent to HK$168.30 on Wednesday, marking the biggest drop... https://www.scmp.com/business/article/3347851/pop-mart-shares-dive-despite-soaring-profit-investors-fear-labubu-dependence?utm_source=rss_feed https://www.scmp.com/business/article/3347851/pop-mart-shares-dive-despite-soaring-profit-investors-fear-labubu-dependence?utm_source=rss_feed Wed, 25 Mar 2026 08:30:12 +0000 Zhang Shidong Zhang Shidong Global stock buy-backs rose to a record US$1.46 trillion in 2025, as listed companies stepped up efforts to return cash to public shareholders amid a rally in equities, according to US asset-management firm Capital Group. Repurchases by the world’s largest publicly traded companies tracked by the money manager increased 8.4 per cent year on year, representing a net increase of US$113 billion, Capital Group said in a report released on Wednesday. The US led global buy-backs, accounting for 71 per... https://www.scmp.com/business/china-business/article/3347826/global-buy-backs-hit-record-mainland-china-hong-kong-see-declines-capital-group?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3347826/global-buy-backs-hit-record-mainland-china-hong-kong-see-declines-capital-group?utm_source=rss_feed Wed, 25 Mar 2026 07:30:08 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks extended their rebound on Wednesday on signs that a diplomatic solution to Middle East tensions was making progress. The Hang Seng Index rose 1.1 per cent to 25,335.95 at the close, adding to a 2.7 per cent gain a day earlier. Technology stocks advanced, driving the Hang Seng Tech Index up by 1.9 per cent, after China’s anti-monopoly regulator called for an end to the price war in the on-demand food delivery market. On the mainland, the CSI 300 Index climbed 1.4 per cent and the... https://www.scmp.com/business/china-business/article/3347782/hong-kong-stocks-extend-rebound-signs-diplomatic-path-iran-conflict?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3347782/hong-kong-stocks-extend-rebound-signs-diplomatic-path-iran-conflict?utm_source=rss_feed Wed, 25 Mar 2026 02:03:21 +0000 Themis Qi Themis Qi Rising memory-chip costs could reshape the smartphone industry, said Xiaomi president William Lu Weibing, after weak smartphone sales cut into the firm’s fourth-quarter profit. Memory prices were surging at a magnitude “beyond imagination”, drawing smartphone makers into a long-term price-raising cycle, Lu said on an earnings call on Tuesday. “When the price-raising cycle ends, some players may suffer significant losses or even face closure,” he said, without elaborating. However, the challenge... https://www.scmp.com/business/china-evs/article/3347728/xiaomi-profit-drops-27-weaker-smartphone-sales-chinese-firms-ev-growth-slows?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3347728/xiaomi-profit-drops-27-weaker-smartphone-sales-chinese-firms-ev-growth-slows?utm_source=rss_feed Tue, 24 Mar 2026 10:27:27 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks rebounded on Tuesday on signs of a de-escalation of the US-Israel war against Iran after President Donald Trump said he would delay any attacks on the Gulf nation’s energy facilities. The Hang Seng Index surged 2.8 per cent to 25,063.71 at the close. The Hang Seng Tech Index gained 2.5 per cent. On the mainland, the CSI 300 Index climbed 1.3 per cent and the Shanghai Composite Index advanced 1.8 per cent. Biotech firm Wuxi AppTec rallied 11 per cent to HK$113.60 after its net... https://www.scmp.com/business/china-business/article/3347649/hong-kong-stocks-rebound-hopes-us-iran-deal-tensions-ease?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3347649/hong-kong-stocks-rebound-hopes-us-iran-deal-tensions-ease?utm_source=rss_feed Tue, 24 Mar 2026 02:00:45 +0000 SCMP Editorial SCMP Editorial Hong Kong’s securities watchdog has recommended strengthening the stock exchange’s system for company listing and compliance following a review. It comes at a good time as the Hong Kong Exchanges and Clearing (HKEX) has proposed the biggest reform of listing rules in almost a decade. While HKEX works to make it easier and more efficient for companies to raise capital in the city, the Securities and Futures Commission (SFC) must ensure investors are protected with any changes. The city’s... https://www.scmp.com/opinion/comment/article/3347554/hkex-should-heed-recommendations-hong-kongs-securities-watchdog?utm_source=rss_feed https://www.scmp.com/opinion/comment/article/3347554/hkex-should-heed-recommendations-hong-kongs-securities-watchdog?utm_source=rss_feed Mon, 23 Mar 2026 22:45:08 +0000 Yeon Woo Lee Yeon Woo Lee Global investors should take a fresh look at China, where rapid technological advancement is converging with declining geopolitical risk relative to other regions, senior investment executives said at the Milken Institute’s Global Investors’ Symposium on Monday. The event in Hong Kong brought together 500 business leaders and senior executives from the investment, banking, finance, technology and consumer sectors under the theme “Capital in a Changing World”. “I think we should seriously think... https://www.scmp.com/business/markets/article/3347593/global-investors-pivot-stability-china-amid-turmoil-milken-forum-speakers?utm_source=rss_feed https://www.scmp.com/business/markets/article/3347593/global-investors-pivot-stability-china-amid-turmoil-milken-forum-speakers?utm_source=rss_feed Mon, 23 Mar 2026 10:01:10 +0000 Zhang Shidong Zhang Shidong Expectations of monetary tightening by global central banks have intensified, triggering a fresh wave of sell-offs in risk assets as the US-Israel war with Iran enters its fourth week. Rates traders are now projecting no rate cuts by the Federal Reserve this year after chair Jerome Powell said last week that rising oil prices added uncertainty to the monetary outlook. That stands in contrast to the forecast of two reductions before the outbreak of the hostilities in the Middle East. The European... https://www.scmp.com/business/china-business/article/3347552/global-markets-brace-rate-hikes-iran-war-and-us100-oil-stoke-tightening-fears?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3347552/global-markets-brace-rate-hikes-iran-war-and-us100-oil-stoke-tightening-fears?utm_source=rss_feed Mon, 23 Mar 2026 06:09:38 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks slumped by the most in nearly a year alongside other Asian markets on Monday as investors moved to price in tighter monetary policy, with Middle East tensions showing no sign of easing. The Hang Seng Index fell 3.5 per cent to 24,382.47 at the close, the steepest drop since April 7 last year. The Hang Seng Tech Index tumbled 3.3 per cent. On the mainland, the CSI 300 Index slid 3.3 per cent and the Shanghai Composite Index retreated 3.6 per cent. Laopu Gold tumbled 8.6 per cent... https://www.scmp.com/business/china-business/article/3347522/hong-kong-stocks-tumble-asia-strait-hormuz-crisis-deepens?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3347522/hong-kong-stocks-tumble-asia-strait-hormuz-crisis-deepens?utm_source=rss_feed Mon, 23 Mar 2026 02:02:29 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks extended declines to cap a third consecutive weekly loss, as escalating Middle East tensions added volatility and Alibaba Group Holding reported a slump in earnings. The Hang Seng Index fell 0.9 per cent to 25,277.32 at the close on Friday, down 0.7 per cent for the week. The Hang Seng Tech Index dropped 1.3 per cent. On the mainland, the Shanghai Composite Index slid 1.2 per cent, closing below the 4,000-point mark for the first time this year, while the CSI 300 Index retreated... https://www.scmp.com/business/china-business/article/3347229/hong-kong-stocks-waver-oil-swings-middle-east-tensions?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3347229/hong-kong-stocks-waver-oil-swings-middle-east-tensions?utm_source=rss_feed Fri, 20 Mar 2026 02:02:46 +0000 SCMP Editorial SCMP Editorial Hong Kong Exchanges and Clearing (HKEX) has proposed the biggest overhaul of listing rules in almost a decade. China’s top stock exchange is looking ahead after regaining the global crown for initial public offerings last year following several lean years. To remain competitive, it needs to make its market more accessible to innovative firms seeking to raise capital. At the same time, the city must maintain its international reputation for financial probity and reliability. This means any... https://www.scmp.com/opinion/comment/article/3347120/hkexs-listing-reforms-will-boost-hong-kongs-competitiveness?utm_source=rss_feed https://www.scmp.com/opinion/comment/article/3347120/hkexs-listing-reforms-will-boost-hong-kongs-competitiveness?utm_source=rss_feed Thu, 19 Mar 2026 22:45:08 +0000 Zhang Shidong Zhang Shidong A recession mindset took hold among global investors after strikes on energy infrastructure in the Middle East heightened fears that disruption to production and distribution would keep oil prices elevated for longer, darkening the global economic outlook. Crude prices staged a comeback on Thursday after Iran attacked a liquefied petroleum gas site in Qatar in retaliation for Israel’s strikes on its South Pars gas field. Brent futures surged 5.5 per cent to US$113.53 a barrel in London, and... https://www.scmp.com/business/china-business/article/3347170/recession-fears-grip-markets-energy-facilities-come-under-fire-middle-east?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3347170/recession-fears-grip-markets-energy-facilities-come-under-fire-middle-east?utm_source=rss_feed Thu, 19 Mar 2026 11:30:08 +0000 Enoch Yiu Enoch Yiu Hong Kong’s market regulator will soon begin inspection of investment banks to assess their roles as sponsors of listing candidates, in its latest effort to uphold the quality of new listings amid a booming market. The Securities and Futures Commission (SFC) said the inspection would focus on whether banks had complied with its January circular, which outlined expectations on staffing and quality controls when handling initial public offerings (IPOs) in Hong Kong. For example, the SFC expected... https://www.scmp.com/business/banking-finance/article/3347182/sfc-prepares-inspect-hong-kong-ipo-listing-sponsors-amid-quality-concerns?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3347182/sfc-prepares-inspect-hong-kong-ipo-listing-sponsors-amid-quality-concerns?utm_source=rss_feed Thu, 19 Mar 2026 11:00:18 +0000 Zhang Shidong Zhang Shidong Stocks in Hong Kong and mainland China slumped on Thursday, with a key gauge of yuan-denominated stocks briefly breaching the 4,000-point mark for the first time in two months, as a resurgence in oil prices fuelled concerns about a global recession following the attacks on energy facilities in Gulf nations. The Hang Seng Index tumbled 2 per cent to 25,500.58 at the close. The Hang Seng Tech Index dropped 2.2 per cent. On the mainland, the Shanghai Composite Index retreated 1.4 per cent,... https://www.scmp.com/business/china-business/article/3347091/hong-kong-stocks-retreat-fed-warns-iran-conflict-clouds-inflation-outlook?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3347091/hong-kong-stocks-retreat-fed-warns-iran-conflict-clouds-inflation-outlook?utm_source=rss_feed Thu, 19 Mar 2026 02:04:52 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s securities regulator on Wednesday recommended strengthening the stock exchange’s regulations to better protect investors following a review of 2024 compliance and enforcement cases. The Securities and Futures Commission (SFC) submitted its findings after vetting listed companies’ internal control reviews, their handling of late auditor resignations and the processes of the Hong Kong stock exchange’s listing division. The regulator noted that while thestock exchange “had taken steps... https://www.scmp.com/business/banking-finance/article/3347076/hong-kong-securities-watchdog-urges-stock-exchange-tighten-listing-compliance-rules?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3347076/hong-kong-securities-watchdog-urges-stock-exchange-tighten-listing-compliance-rules?utm_source=rss_feed Wed, 18 Mar 2026 14:50:51 +0000 Yulu Ao Yulu Ao Cosco Shipping Ports, a unit of state-owned giant Cosco Shipping, reported modest earnings growth for 2025, as management expects to expand in emerging markets amid rising geopolitical risks to global trade. Net profit rose 1.1 per cent to US$312.1 million, and revenue increased 11 per cent to US$1.67 billion, according to its 2025 results. Total container throughput climbed 6.2 per cent to 153 million twenty-foot equivalent units (TEUs). The company’s overseas terminals saw strong growth, with... https://www.scmp.com/business/china-business/article/3347064/china-based-cosco-shipping-ports-expects-limited-impact-iran-conflict?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3347064/china-based-cosco-shipping-ports-expects-limited-impact-iran-conflict?utm_source=rss_feed Wed, 18 Mar 2026 12:31:12 +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 Themis Qi Themis Qi SmartMore, the first company backed by the Hong Kong government’s investment fund, has applied for a listing, underscoring the city’s crowded pipeline of technology initial public offerings (IPOs). The unicorn, founded in 2019 and specialising in industrial artificial intelligence, submitted its application on Monday night, with Morgan Stanley, China International Capital Corporation and Deutsche Bank as joint sponsors. SmartMore provides intelligent manufacturing and digital innovation through... https://www.scmp.com/business/banking-finance/article/3346854/smartmore-first-firm-backed-hong-kong-wealth-fund-seeks-ipo-tech-pipeline-heats?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3346854/smartmore-first-firm-backed-hong-kong-wealth-fund-seeks-ipo-tech-pipeline-heats?utm_source=rss_feed Tue, 17 Mar 2026 06:40:12 +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 Cheryl Arcibal,Yulu Ao Cheryl Arcibal,Yulu Ao An Ant Group subsidiary has fulfilled all the necessary requirements for acquiring Bright Smart Securities & Commodities Group, Hong Kong’s largest retail stock brokerage, after completing reporting procedures with China’s regulatory authorities, the two companies announced in a joint off-trading-hours filing on Monday. Wealthiness and Prosperity Holding, which is ultimately controlled by Ant Group, had completed reporting procedures required for high-value non-sensitive investment projects, it... https://www.scmp.com/business/companies/article/3346811/ant-group-subsidiary-completes-steps-takeover-hks-largest-retail-stock-brokerage?utm_source=rss_feed https://www.scmp.com/business/companies/article/3346811/ant-group-subsidiary-completes-steps-takeover-hks-largest-retail-stock-brokerage?utm_source=rss_feed Tue, 17 Mar 2026 00:52:51 +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 Aileen Chuang Aileen Chuang Chinese technology stocks are gaining momentum as they emerge largely unscathed from the US-Iran conflict and artificial intelligence “scare trades”, with agentic AI breakthroughs like OpenClaw sparking fresh monetisation hopes, according to investment experts. Global markets have been hit in recent weeks by an oil-price shock linked to the war in the Middle East, as well as an AI-driven sell-off over fears the technology could wipe out white-collar jobs. However, Chinese tech stocks remained... https://www.scmp.com/business/markets/article/3346604/hopes-ai-monetisation-boost-china-tech-stocks-amid-war-market-scares?utm_source=rss_feed https://www.scmp.com/business/markets/article/3346604/hopes-ai-monetisation-boost-china-tech-stocks-amid-war-market-scares?utm_source=rss_feed Mon, 16 Mar 2026 00:30:13 +0000 Cao Li Cao Li Hong Kong stocks extended losses on Friday as the US-Iran war showed no signs of ending, with a hardline stance from both sides pushing oil prices up. The Hang Seng Index closed 1 per cent lower at 25,465.60, taking its loss to 4 per cent since the war started on February 28. The Hang Seng Tech Index also fell 1 per cent. On the mainland, the CSI 300 Index lost 0.4 per cent and the Shanghai Composite Index shed 0.8 per cent. US President Donald Trump said in a social media post on Thursday that... https://www.scmp.com/business/markets/article/3346430/hong-kong-stocks-extend-losses-us-and-iran-dig-heels-amid-escalating-conflict?utm_source=rss_feed https://www.scmp.com/business/markets/article/3346430/hong-kong-stocks-extend-losses-us-and-iran-dig-heels-amid-escalating-conflict?utm_source=rss_feed Fri, 13 Mar 2026 02:22:18 +0000 Enoch Yiu Enoch Yiu Arrests in a HK$315 million (US$40 million) insider dealing case underscore Hong Kong’s commitment to upholding the integrity of its stock market amid a surge in new listings and share placements, according to industry players. The Independent Commission Against Corruption (ICAC) on Thursday said it had arrested eight people after joining forces with the Securities and Futures Commission (SFC) earlier this week to raid premises connected to a hedge fund and two securities firms. The joint... https://www.scmp.com/business/markets/article/3346394/hong-kong-insider-trading-arrests-send-very-strong-message-market-integrity?utm_source=rss_feed https://www.scmp.com/business/markets/article/3346394/hong-kong-insider-trading-arrests-send-very-strong-message-market-integrity?utm_source=rss_feed Thu, 12 Mar 2026 23:00:10 +0000 Cao Li Cao Li Hong Kong stocks fell on Thursday as the Middle East conflict showed no signs of ending and oil prices once again crossed US$100 a barrel. The Hang Seng Index closed 0.7 per cent lower at 25,716.76. The Hang Seng Tech Index fell 0.5 per cent. On the mainland, the CSI 300 Index eased 0.4 per cent and the Shanghai Composite Index shed 0.1 per cent. “Markets are currently pricing low-probability left-tail outcomes, driven by uncertainty around the length and escalation path of the US-Israel war on... https://www.scmp.com/business/markets/article/3346286/hong-kong-stocks-fall-oil-once-again-trades-near-us100?utm_source=rss_feed https://www.scmp.com/business/markets/article/3346286/hong-kong-stocks-fall-oil-once-again-trades-near-us100?utm_source=rss_feed Thu, 12 Mar 2026 02:23:48 +0000 Zhang Shidong Zhang Shidong Overseas expansion and a commodity boom have put Chinese companies trading on the mainland in a position to beat their offshore-listed peers in earnings, cementing the outperformance of yuan-denominated stocks since the outbreak of Middle East hostility. The 300 largest mainland-traded companies may post average 2025 profit growth of 6.3 per cent during the coming earnings season, while the growth rate for the firms in the Hong Kong exchange’s benchmark Hang Seng Index would be a mere 2 per... https://www.scmp.com/business/china-business/article/3346207/chinese-firms-success-go-global-efforts-poised-reap-profit-rewards?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3346207/chinese-firms-success-go-global-efforts-poised-reap-profit-rewards?utm_source=rss_feed Wed, 11 Mar 2026 23:30:08 +0000 Cao Li Cao Li Hong Kong stocks fell on Wednesday as tech firms slid after Chinese authorities moved to curb the OpenClaw frenzy. The Hang Seng Index edged down 0.2 per cent to close at 25,898.76 after gaining as much as 0.7 per cent in the morning session. The Hang Seng Tech Index fell 0.1 per cent. On the mainland, the CSI 300 Index added 0.6 per cent and the Shanghai Composite Index gained 0.3 per cent. On Tuesday, China’s cybersecurity emergency response system warned of security and data risks tied to... https://www.scmp.com/business/markets/article/3346160/hong-kong-stocks-extend-rebound-proposed-release-oil-reserve-soothes-fears?utm_source=rss_feed https://www.scmp.com/business/markets/article/3346160/hong-kong-stocks-extend-rebound-proposed-release-oil-reserve-soothes-fears?utm_source=rss_feed Wed, 11 Mar 2026 02:10:04 +0000 Zhang Shidong Zhang Shidong Mainland Chinese investors, once perceived as a stabilising force in Hong Kong stocks, are this time adding to the market’s wild swings spurred by sharp movements in crude oil prices, flip-flopping from record selling to unprecedented buying within days. The escalating hostilities in the Middle East prompted onshore Chinese investors trading Hong Kong’s stocks through cross-border Stock Connect programmes to behave more like short-term day traders. They dumped HK$27.7 billion (US$3.5 billion)... https://www.scmp.com/business/china-business/article/3346102/middle-east-turmoil-triggers-retail-style-swings-mainland-investors-hong-kong-stocks?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3346102/middle-east-turmoil-triggers-retail-style-swings-mainland-investors-hong-kong-stocks?utm_source=rss_feed Wed, 11 Mar 2026 00:30:07 +0000 Cao Li,Zhang Shidong Cao Li,Zhang Shidong Slumping oil prices acted as a catalyst for Hong Kong stocks, with the benchmark posting its biggest rebound in two weeks, after US President Donald Trump signalled a possible end to the Iran war and China’s exports grew at the fastest pace in four years. The Hang Seng Index rallied 2.2 per cent to close at 25,959.90, its best single-day performance since February 23. The Hang Seng Tech Index surged 2.4 per cent. On the mainland, the CSI 300 Index rose 1.3 per cent and the Shanghai Composite... https://www.scmp.com/business/commodities/article/3346031/hong-kong-stocks-rebound-after-oil-falls-trump-says-iran-war-could-end-soon?utm_source=rss_feed https://www.scmp.com/business/commodities/article/3346031/hong-kong-stocks-rebound-after-oil-falls-trump-says-iran-war-could-end-soon?utm_source=rss_feed Tue, 10 Mar 2026 02:27:46 +0000 Aileen Chuang Aileen Chuang Semiconductor display manufacturer Everdisplay Optronics (Shanghai) and robotics firm Zhejiang Galaxis Technology Group have received approval to list in Hong Kong, marking steady progress in the city’s nearly 500-strong listings pipeline. The two mainland Chinese companies published their post-hearing information packs on the Hong Kong stock exchange on Sunday, as the initial public offering (IPO) market in the city gathers pace once again after the Chinese New Year holiday. Neither firm... https://www.scmp.com/business/banking-finance/article/3345921/hong-kongs-ipo-pace-picks-2-mainland-chinese-firms-get-listing-approval?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3345921/hong-kongs-ipo-pace-picks-2-mainland-chinese-firms-get-listing-approval?utm_source=rss_feed Mon, 09 Mar 2026 03:48:17 +0000 Zhang Shidong,Cao Li Zhang Shidong,Cao Li Hong Kong stocks fell on Monday, briefly slumping to a six-month low, as a rout spread across major Asia-Pacific markets after crude oil surged above US$100 a barrel, fuelling fears of global stagflation. The Hang Seng Index closed 1.4 per cent lower at 25,408.46. The Hang Seng Tech Index fell 0.1 per cent. On the mainland, the CSI 300 Index fell 1 per cent and the Shanghai Composite Index lost 0.7 per cent. Both Brent and West Texas Intermediate (WTI) oil contracts traded close to US$110 a... https://www.scmp.com/business/markets/article/3345915/hong-kong-stocks-sink-alongside-asian-markets-after-oil-crosses-us100?utm_source=rss_feed https://www.scmp.com/business/markets/article/3345915/hong-kong-stocks-sink-alongside-asian-markets-after-oil-crosses-us100?utm_source=rss_feed Mon, 09 Mar 2026 02:16:01 +0000 Enoch Yiu Enoch Yiu HSBC Holdings, Xiaomi, AIA, Pop Mart International, Tsingtao Brewery and others are among about 650 listed companies that may need to change their trading unit under proposed reforms by bourse operator Hong Kong Exchanges and Clearing (HKEX). Market participants generally support the reform as it would bring Hong Kong’s stock market trading in line with international practices and allow retail investors to more easily trade a wider range of stocks, but they also warn of challenges in... https://www.scmp.com/business/markets/article/3345863/why-hkexs-board-lot-reform-could-pose-challenges-hsbc-and-others?utm_source=rss_feed https://www.scmp.com/business/markets/article/3345863/why-hkexs-board-lot-reform-could-pose-challenges-hsbc-and-others?utm_source=rss_feed Mon, 09 Mar 2026 00:15:12 +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 Zhang Shidong Zhang Shidong Hong Kong stocks capped their worst weekly performance in four months as the US-Iran war stoked stagflation fears and dampened investor sentiment. The Hang Seng Index closed 1.7 per cent higher at 25,757.29 on Friday. For the week, the benchmark declined 3.3 per cent, its steepest decline for the five-day period since November 21. The Hang Seng Tech Index surged 3.2 per cent. On the mainland, the CSI 300 Index gained 0.3 per cent and the Shanghai Composite Index added 0.4 per cent. The war in... https://www.scmp.com/business/china-business/article/3345641/hong-kong-stocks-track-steepest-weekly-slump-4-months-us-iran-war?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3345641/hong-kong-stocks-track-steepest-weekly-slump-4-months-us-iran-war?utm_source=rss_feed Fri, 06 Mar 2026 02:10:34 +0000