https://www.scmp.com/rss/521752/feed The latest news and top stories on Everbright Securities International. A leading entity in the finance sector, Hong Kong based Everbright Securities International specialises in wealth management, corporate finance, capital markets, institutional business, asset management and investment and financing. They primarily serve individuals, corporations and institutions, including high-net-worth investors. Known for over 55 years of operation and managing approximately HK$77 billion in customer... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Daniel Ren,Enoch Yiu Daniel Ren,Enoch Yiu The Hong Kong Monetary Authority (HKMA) is being urged to go further in loosening restrictions on stablecoins, after granting the city’s first two licences to banks to issue the digital currency. Bankers, venture capitalists and analysts said the long-awaited approvals – awarded to HSBC and a joint venture led by Standard Chartered – fell short of market expectations, underscoring the regulator’s cautious stance amid lingering risk concerns. “It came as a surprise that only two licences were... https://www.scmp.com/business/banking-finance/article/3349742/hong-kong-regulator-urged-expand-stablecoin-rules-after-cautious-roll-out?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3349742/hong-kong-regulator-urged-expand-stablecoin-rules-after-cautious-roll-out?utm_source=rss_feed Sat, 11 Apr 2026 09:10:21 +0000 Enoch Yiu Enoch Yiu Bank of China (Hong Kong), one of three note-issuing banks in the city, reported a modest 5 per cent growth in net profit last year, as exposure to the troubled mainland property sector offset its strong performance in the wealth business. The lender reported a net profit of HK$40.12 billion (US$5.14 billion), or HK$3.7947 per share, compared with HK$38.23 billion a year earlier, according to a stock exchange filing on Monday. The results beat analysts’ estimates of HK$39.3 billion. BOCHK, the... https://www.scmp.com/business/banking-finance/article/3348398/bochk-reports-5-net-profit-growth-bad-debt-exposure-china-offsets-strong-fee-income?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3348398/bochk-reports-5-net-profit-growth-bad-debt-exposure-china-offsets-strong-fee-income?utm_source=rss_feed Mon, 30 Mar 2026 09:45:09 +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 Enoch Yiu Enoch Yiu Indonesian gold miner PT Merdeka Gold Resources has applied for a Hong Kong listing as it seeks to broaden its international investor base, in a move brokers see as a boost to Hong Kong Exchanges and Clearing’s (HKEX) efforts to attract more international companies and diversify its pipeline. The listing application was intended to “broaden the company’s access to international investors, enhance share liquidity and provide greater flexibility in raising capital to support future growth”,... https://www.scmp.com/business/article/3347958/gold-rally-drives-merdekas-hong-kong-ipo-plan-hkex-courts-global-issuers?utm_source=rss_feed https://www.scmp.com/business/article/3347958/gold-rally-drives-merdekas-hong-kong-ipo-plan-hkex-courts-global-issuers?utm_source=rss_feed Thu, 26 Mar 2026 06:11:30 +0000 Cao Li Cao Li Betting on rising global demand for energy storage, shares of Chinese lithium battery makers continued to rally on Wednesday, led by Contemporary Amperex Technology Ltd (CATL), which reported stronger-than-expected growth driven in part by its expansion into new energy storage markets. CATL shares surged more than 10 per cent to HK$608 during morning trading hours in Hong Kong on Wednesday – the highest level in five months – before closing 9 per cent higher at HK$599.50. That followed another 9... https://www.scmp.com/business/article/3346229/catl-profit-jump-fuels-hong-kong-battery-stocks-amid-global-energy-storage-boom?utm_source=rss_feed https://www.scmp.com/business/article/3346229/catl-profit-jump-fuels-hong-kong-battery-stocks-amid-global-energy-storage-boom?utm_source=rss_feed Wed, 11 Mar 2026 10:00:06 +0000 Cao Li,Themis Qi Cao Li,Themis Qi BYD, the world’s largest electric-vehicle (EV) maker, sold more cars overseas than at home for the first time in February, reflecting a broader trend among Chinese EV makers’ global push as domestic sales soften amid fierce competition. “Squeezed by the fierce competition at home, China’s EV makers are shifting their focus to global markets,” said David Zhang, general secretary of the Shanghai-based International Intelligent Vehicle Engineering Association. BYD, which overtook Tesla last year as... https://www.scmp.com/business/article/3345666/chinese-ev-makers-increasingly-reliant-exports-domestic-sales-decelerate?utm_source=rss_feed https://www.scmp.com/business/article/3345666/chinese-ev-makers-increasingly-reliant-exports-domestic-sales-decelerate?utm_source=rss_feed Fri, 06 Mar 2026 06:00:15 +0000 Enoch Yiu Enoch Yiu Hong Kong lenders have only “insignificant” exposure to the Middle East, the city’s banking regulator said, although analysts expect escalating tensions in the region could slow local banks’ expansion plans in the near term. “The exposures of the Hong Kong banking sector to the Middle East are insignificant,” a spokeswoman for the Hong Kong Monetary Authority (HKMA) said in response to an inquiry from the South China Morning Post. “The HKMA does not comment on market rumours,” she added,... https://www.scmp.com/business/article/3345550/hong-kong-banks-face-limited-middle-east-risk-tensions-cloud-expansion-plans?utm_source=rss_feed https://www.scmp.com/business/article/3345550/hong-kong-banks-face-limited-middle-east-risk-tensions-cloud-expansion-plans?utm_source=rss_feed Thu, 05 Mar 2026 08:30:27 +0000 Themis Qi Themis Qi Hong Kong’s tech equity benchmark is struggling to balance the artificial intelligence frenzy and picking the right industry leaders, leading to its underperformance this year, according to analysts. The Hang Seng Tech Index, which comprises 30 technology-related companies including Tencent Holdings, Alibaba Group Holding and Meituan, has fallen 5.5 per cent this year up to Friday, giving up some of last year’s 23.5 per cent gains. In contrast, the broad-based Hang Seng Index has risen 0.3 per... https://www.scmp.com/business/markets/article/3344255/why-hang-seng-tech-index-doldrums-while-ai-shares-are-soaring?utm_source=rss_feed https://www.scmp.com/business/markets/article/3344255/why-hang-seng-tech-index-doldrums-while-ai-shares-are-soaring?utm_source=rss_feed Mon, 23 Feb 2026 01:15:07 +0000 Themis Qi Themis Qi Around a decade ago, aboard a train winding through China’s landscape, Wang Ning, the founder and chairman of Beijing-founded international art toy brand Pop Mart, shared with designer Kenny Wong Shun-ming the story of his early attempts at entrepreneurship. As a fresh graduate, Wang struggled to sell affordable men’s suits sourced from Yiwu in Zhejiang province, eastern China, experimenting with small-scale arbitrage and learning first-hand how difficult it was to connect products with... https://www.scmp.com/business/companies/article/3343503/can-pop-mart-turn-viral-hits-lasting-icons-molly-and-labubu-offer-answer?utm_source=rss_feed https://www.scmp.com/business/companies/article/3343503/can-pop-mart-turn-viral-hits-lasting-icons-molly-and-labubu-offer-answer?utm_source=rss_feed Sat, 14 Feb 2026 02:00:13 +0000 Cao Li Cao Li Global index provider MSCI revised its China gauge on Wednesday, swapping property and conglomerates for semiconductor and artificial intelligence stocks in a sign of technology’s rising role in the economy. The MSCI China Index added tech stocks including SenseTime, Pony.ai and Hesai Technology for a second straight quarter of net constituent growth since late 2025, a move analysts said would accelerate capital flows into the country’s technology sector. Against a macro backdrop of a relatively... https://www.scmp.com/business/markets/article/3343220/index-compiler-msci-tilts-towards-chinese-tech-stocks-latest-revamp?utm_source=rss_feed https://www.scmp.com/business/markets/article/3343220/index-compiler-msci-tilts-towards-chinese-tech-stocks-latest-revamp?utm_source=rss_feed Wed, 11 Feb 2026 23:30:08 +0000 Cao Li Cao Li Pop Mart’s shares climbed on Monday after the Chinese toymaker highlighted strong operating momentum at its annual gathering, reinforcing investor confidence ahead of earnings. The company’s Hong Kong-listed stock rose 8.6 per cent to HK$264.20 in afternoon trading before edging down to close 5.8 per cent up at HK$257.20. Shares are now up more than 37 per cent year to date, though still about 24 per cent below their August peak of HK$339.80. Founder Wang Ning said at the company’s annual party... https://www.scmp.com/business/article/3342884/chinas-pop-mart-gains-earnings-hopes-investors-eye-growth-beyond-labubu?utm_source=rss_feed https://www.scmp.com/business/article/3342884/chinas-pop-mart-gains-earnings-hopes-investors-eye-growth-beyond-labubu?utm_source=rss_feed Mon, 09 Feb 2026 05:15:40 +0000 Cao Li Cao Li Nearly 100 companies filed new listing applications in Hong Kong in January, marking a strong start to 2026 for initial public offering (IPO) activity. A total of 95 companies applied to list on Hong Kong’s main board, while one sought a place on the Growth Enterprise Market, which primarily served smaller and growth-stage firms, according to a report from Hong Kong Exchanges and Clearing (HKEX) on Friday. The 96 applications were more than triple the 29 recorded a year earlier, and roughly... https://www.scmp.com/business/article/3342003/hong-kong-back-global-ipo-spotlight-after-strongest-january-years?utm_source=rss_feed https://www.scmp.com/business/article/3342003/hong-kong-back-global-ipo-spotlight-after-strongest-january-years?utm_source=rss_feed Sun, 01 Feb 2026 12:00:08 +0000 Enoch Yiu,Themis Qi Enoch Yiu,Themis Qi HSBC, Hong Kong’s largest bank with a 6.2 million-strong customer base, suffered a widespread system breakdown on Friday afternoon. According to some customers, the bank’s mobile app and online services were inactive as early as 1pm, with login attempts diverted to a screen stating the system was under maintenance and would be accessible at a later time. A staff member at the bank’s Mong Kok branch said HSBC’s citywide computer network had failed early Friday afternoon, but the employee did not... https://www.scmp.com/business/banking-finance/article/3341805/hsbc-suffers-system-shutdown-stopping-services-hong-kong?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3341805/hsbc-suffers-system-shutdown-stopping-services-hong-kong?utm_source=rss_feed Fri, 30 Jan 2026 07:13:47 +0000 Cao Li Cao Li Chinese liquor stocks jumped on Thursday ahead of Lunar New Year, with retailers reportedly building inventories of spirits typically consumed at family reunions and corporate banquets. Shares of Kweichow Moutai – China’s best-known baijiu maker and the most valuable stock on the mainland market – climbed more than 9 per cent in afternoon trading to 1,445 yuan, their highest level in over a month. The stock closed the session 8.6 per cent higher at 1,437.72 yuan. Smaller peers also rallied, with... https://www.scmp.com/business/article/3341718/spirits-rise-baijiu-shares-rally-lunar-new-year-demand?utm_source=rss_feed https://www.scmp.com/business/article/3341718/spirits-rise-baijiu-shares-rally-lunar-new-year-demand?utm_source=rss_feed Thu, 29 Jan 2026 11:21:45 +0000 Coco Feng Coco Feng Several Chinese cloud service providers are “evaluating price increases”, according to analysts, following recent moves by Google and Amazon Web Services (AWS), as the explosive growth of artificial intelligence drives demand. Google on Tuesday announced price rises of up to 100 per cent for certain services, effective May 1. For example, North American users of the CDN Interconnect, Direct Peering, and Carrier Peering services will pay US$0.08 per gigabyte, double the current rate. In Asia, the... https://www.scmp.com/tech/article/3341516/price-rises-horizon-chinese-cloud-firms-after-google-and-aws-set-new-rates?utm_source=rss_feed https://www.scmp.com/tech/article/3341516/price-rises-horizon-chinese-cloud-firms-after-google-and-aws-set-new-rates?utm_source=rss_feed Wed, 28 Jan 2026 10:00:25 +0000 Themis Qi Themis Qi Chinese financial institutions raised over US$10 billion last year to fund their overseas expansion and boost the yuan’s internationalisation in line with Beijing’s go-global push, with the trend continuing this year. GF Securities is raising HK$6.12 billion (US$780 million) from the placement of over HK$3.97 billion worth of new shares and HK$2.15 billion from zero-coupon convertible bonds. The Guangzhou-headquartered brokerage planned to use the proceeds to inject capital into its offshore... https://www.scmp.com/business/banking-finance/article/3339192/chinese-financial-firms-press-debt-issuance-fund-overseas-expansion?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3339192/chinese-financial-firms-press-debt-issuance-fund-overseas-expansion?utm_source=rss_feed Thu, 08 Jan 2026 23:30:07 +0000 Themis Qi Themis Qi Crypto exchange operator HashKey Holdings has launched its share sale in Hong Kong, testing investor appetite amid repeated warnings against virtual currencies by China’s central bank. Hong Kong’s largest licensed crypto player set its initial public offering (IPO) price range at HK$5.95 to HK$6.95 apiece for more than 240 million shares, according to a filing on Tuesday. The listing date is December 17. With the price range, HashKey is eyeing up to HK$1.67 billion (US$214 million). In October,... https://www.scmp.com/business/cryptocurrency/article/3335725/hashkey-aims-us214-million-hong-kong-ipo-amid-beijings-crypto-pressure?utm_source=rss_feed https://www.scmp.com/business/cryptocurrency/article/3335725/hashkey-aims-us214-million-hong-kong-ipo-amid-beijings-crypto-pressure?utm_source=rss_feed Tue, 09 Dec 2025 08:21:01 +0000 Themis Qi Themis Qi More than 30 mainland-listed consumer goods and tourism companies have rolled out offers to shareholders – ranging from substantial discounts to complimentary tickets to attractions they manage – in a bid to stimulate sales amid slowing consumption and mounting economic challenges. Among those pushing the initiative was packaged food maker Zhengzhou Qianweiyangchu Food, which announced on Monday that investors holding at least 100 shares were entitled to 200 yuan (US$28.31) worth of products.... https://www.scmp.com/business/china-business/article/3335019/chinese-consumer-and-tourism-firms-turn-shareholder-perks-stimulate-sales?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3335019/chinese-consumer-and-tourism-firms-turn-shareholder-perks-stimulate-sales?utm_source=rss_feed Thu, 04 Dec 2025 00:30:09 +0000 Enoch Yiu Enoch Yiu HSBC Holdings, the biggest lender in Hong Kong and Europe, has appointed veteran accountant Brendan Nelson as group chairman, according to its filing to the Hong Kong stock exchange on Wednesday. Nelson, 75, has been serving as interim chairman since October 1, replacing Mark Tucker, who stepped down to become non-executive chairman of insurer AIA. The appointment surprised the market after HSBC CEO Georges Elhedery said a day earlier at a global banking summit in London that Nelson was not... https://www.scmp.com/business/banking-finance/article/3335051/hsbc-names-veteran-accountant-brendan-nelson-new-chairman-amid-asia-growth-push?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3335051/hsbc-names-veteran-accountant-brendan-nelson-new-chairman-amid-asia-growth-push?utm_source=rss_feed Wed, 03 Dec 2025 09:28:13 +0000 Enoch Yiu Enoch Yiu Hong Kong Exchanges and Clearing (HKEX), the operator of Asia’s third-largest stock market, on Wednesday reported its best quarterly and nine-month earnings on record on the back of rising turnover and initial public offerings (IPOs). Net profit for the three months to September rose 56 per cent from a year earlier to HK$4.9 billion (US$628 million), or HK$3.88 per share, beating analysts’ estimate of HK$4.7 billion, according to an exchange filing. It was HKEX’s best quarterly profit, exceeding... https://www.scmp.com/business/companies/article/3331574/hkex-rides-rising-turnover-and-ipos-post-record-quarterly-profit-us628-million?utm_source=rss_feed https://www.scmp.com/business/companies/article/3331574/hkex-rides-rising-turnover-and-ipos-post-record-quarterly-profit-us628-million?utm_source=rss_feed Wed, 05 Nov 2025 04:31:47 +0000 Aileen Chuang Aileen Chuang HSBC Holdings’ plan to take its Hang Seng Bank subsidiary private marked a key step in the UK lender’s strategic overhaul, with Hong Kong’s troubled property market potentially aiding the move, according to analysts. The proposal on Thursday was “many months” in the making and had “nothing to do with the bad-debt situation” at Hang Seng Bank, HSBC group CEO Georges Elhedery said during a media round table in Hong Kong after the announcement. HSBC currently owns about 63 per cent of the city’s... https://www.scmp.com/business/banking-finance/article/3328378/whats-behind-hsbcs-privatisation-hang-seng-bank-drive-efficiency-analysts-say?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3328378/whats-behind-hsbcs-privatisation-hang-seng-bank-drive-efficiency-analysts-say?utm_source=rss_feed Thu, 09 Oct 2025 23:30:07 +0000 Zhang Shidong Zhang Shidong China’s state buyers have emerged as one of the biggest groups of investors in the nation’s US$12 trillion stock market, underscoring how government support underpins the market’s bull run. Dubbed the national team and led by Central Huijin Investment, state buyers held a combined 3.94 trillion yuan (US$553.1 billion) of yuan-denominated stocks as of the end of June, surpassing the 3.07 trillion yuan held by foreign investors, according to data compiled by Huaxi Securities. State buyers’... https://www.scmp.com/business/china-business/article/3326791/chinas-state-buyers-hold-us553-billion-stocks-buttressing-bull-run?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3326791/chinas-state-buyers-hold-us553-billion-stocks-buttressing-bull-run?utm_source=rss_feed Thu, 25 Sep 2025 06:00:36 +0000 Enoch Yiu Enoch Yiu Zijin Gold International, a wholly owned unit of China’s Zijin Mining, aims to raise HK$24.98 billion (US$3.21 billion) in an initial public offering (IPO) that would be Hong Kong’s second largest this year. Zijin Gold launched the sale of 349 million shares at an offer price of HK$71.59 per share on Friday, with the offering running until noon on Wednesday, according to its prospectus released on Friday. The deal would be second only to the US$5.24 billion May IPO of Contemporary Amperex... https://www.scmp.com/business/banking-finance/article/3326096/zijin-gold-launches-second-biggest-hong-kong-ipo-year-eyeing-us32-billion?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3326096/zijin-gold-launches-second-biggest-hong-kong-ipo-year-eyeing-us32-billion?utm_source=rss_feed Fri, 19 Sep 2025 05:16:50 +0000 Enoch Yiu Enoch Yiu Chinese technology giant Tencent Holdings plans to raise 9 billion yuan (US$1.27 billion) through a yuan-denominated dim sum bond – its first bond sale in four years – in a move brokers say is aimed at boosting its artificial intelligence ambitions. The dim sum bond, offered in three tranches with 5-, 10-, and 30-year tenures, will be launched on September 23, according to a stock exchange filing on Wednesday. Dim sum bonds are bonds that are denominated in yuan and issued outside the... https://www.scmp.com/business/article/3325808/tencent-raise-us127-billion-first-dim-sum-bond-offering-it-joins-ai-race?utm_source=rss_feed https://www.scmp.com/business/article/3325808/tencent-raise-us127-billion-first-dim-sum-bond-offering-it-joins-ai-race?utm_source=rss_feed Wed, 17 Sep 2025 04:29:29 +0000 Julie Zhang Julie Zhang Shares of Shuangdeng Group, one of China’s largest makers of batteries and energy-storage systems, soared in their Hong Kong trading debut on Tuesday, as the city’s buoyant initial public offering (IPO) market continues to mint successful listings, especially for companies in the electric-vehicle boom. Trading under the stock sign 6960, Shuangdeng first changed hands at HK$22.50, a premium of 55 per cent to its offer price of HK$14.51 per share. It traded as high as HK$23.18 before retreating to... https://www.scmp.com/business/banking-finance/article/3323126/shuangdeng-shares-soar-55-hong-kong-debut-evs-and-batteries-drive-citys-ipo-boom?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3323126/shuangdeng-shares-soar-55-hong-kong-debut-evs-and-batteries-drive-citys-ipo-boom?utm_source=rss_feed Tue, 26 Aug 2025 01:38:26 +0000 Yulu Ao,Zhang Shidong Yulu Ao,Zhang Shidong In the first of a two-part series about Hong Kong’s market for initial public offerings, Zhang Shidong and Ao Yulu report that more Chinese companies opted to list in Hong Kong in the first eight months of 2025 than in New York. Hong Kong has overtaken the US as the new listing venue for mainland Chinese companies, marking a major milestone for the world’s fourth-largest capital market after a decade of betting on its growth in its much larger and stronger hinterland. As many as 46... https://www.scmp.com/business/china-business/article/3322769/hong-kong-tops-us-go-ipo-venue-chinese-start-ups-funds-return-asia?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3322769/hong-kong-tops-us-go-ipo-venue-chinese-start-ups-funds-return-asia?utm_source=rss_feed Sat, 23 Aug 2025 02:00:13 +0000 Aileen Chuang,Julie Zhang Aileen Chuang,Julie Zhang Shares of Guangzhou Innogen Pharmaceutical Group soared on their Hong Kong debut, buoyed by strong investor appetite for China’s pharmaceuticals sector, which has enjoyed rising valuations and solid performance. Trading under the stock code 2591, Innogen’s shares first changed hands at HK$72 on Friday, almost four times more than the initial public offering (IPO) price of HK$18.68 despite a declining market. The stock closed at HK$57.25, while the city’s benchmark Hang Seng Index fell 1 per... https://www.scmp.com/business/banking-finance/article/3321922/innogen-shares-soar-hong-kong-trading-debut-pharmaceutical-companies-hog-limelight?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3321922/innogen-shares-soar-hong-kong-trading-debut-pharmaceutical-companies-hog-limelight?utm_source=rss_feed Fri, 15 Aug 2025 01:32:10 +0000 Yulu Ao Yulu Ao Southbound capital flowing into the Hong Kong stock market hit an all-time high in the first seven months of 2025, reflecting investor confidence in the city on the back of surging turnover and a revived pipeline of initial public offerings (IPOs). Mainland Chinese investors snapped up more Hong Kong equities so far this year than in all of 2024, as southbound flows hit HK$866.8 billion (US$110.4 billion) up to July, according to data compiled by Wind. That was already 107 per cent of last... https://www.scmp.com/business/china-business/article/3320392/southbound-capital-flow-hong-kong-stocks-hits-record-first-7-months-2025?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3320392/southbound-capital-flow-hong-kong-stocks-hits-record-first-7-months-2025?utm_source=rss_feed Fri, 01 Aug 2025 06:06:05 +0000 Enoch Yiu Enoch Yiu Longer trading hours may become a global trend as more market operators embrace the idea in the coming months, as the London and Hong Kong exchanges attempt to gain first-mover advantage. The London Stock Exchange Group is reported to be studying the merits of 24-hour trading, while Hong Kong Exchanges and Clearing (HKEX) is preparing a new trading system that can support round-the-clock trading in financial derivatives. The cryptocurrency market has achieved that. Here is some background and... https://www.scmp.com/business/banking-finance/article/3319072/what-hong-kong-should-do-prepare-market-never-sleeps?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3319072/what-hong-kong-should-do-prepare-market-never-sleeps?utm_source=rss_feed Tue, 22 Jul 2025 01:06:57 +0000 Enoch Yiu Enoch Yiu A media report overt the weekend saying the London Stock Exchange Group (LSEG) is considering 24-hour trading has raised questions about whether Hong Kong’s bourse could similarly lengthen its transaction hours to cater to a younger generation of trade-anytime investors. The Orion Derivatives Platform (ODP), developed by Hong Kong Exchanges and Clearing (HKEX) for roll-out in 2028, would give Asia’s third-largest capital market the capability to “offer near 24-hour derivatives trading, introduce... https://www.scmp.com/business/banking-finance/article/3319047/should-hong-kong-follow-if-london-opts-24-hour-stock-trading-city-brokers-are-divided?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3319047/should-hong-kong-follow-if-london-opts-24-hour-stock-trading-city-brokers-are-divided?utm_source=rss_feed Mon, 21 Jul 2025 23:30:15 +0000 Enoch Yiu Enoch Yiu Hong Kong insurers are likely to face smaller claims for damages related to Typhoon Wipha than the previous major hurricane that hit the city two years ago because the impact was less severe this time, according to industry analysts. The local unit of Zurich Insurance and some general insurers reported fewer claims on Monday, compared with submissions for compensation related to Typhoon Saola in September 2023, company executives said. The city raised the typhoon warning to its highest level No.... https://www.scmp.com/business/article/3319031/typhoon-wipha-insurance-claims-likely-be-half-saolas-toll-analysts-say?utm_source=rss_feed https://www.scmp.com/business/article/3319031/typhoon-wipha-insurance-claims-likely-be-half-saolas-toll-analysts-say?utm_source=rss_feed Mon, 21 Jul 2025 10:30:12 +0000