Bourse operator HKEX launched a new digital platform for IPOs, which is expected to speed up settlements and reduce investor risks.

At least 16 analysts have reduced their stock valuation after last week’s sell-off in New York and Hong Kong, driving the consensus to a record low. Jefferies, CICC and Guotai Junan are the most aggressive among them.

The Hong Kong Monetary Authority is working with the city’s other market regulators to see how banks can help the local stock market stay open during typhoons and rainstorms.

The company, one of China’s largest distressed debt managers, will acquire a 5.01 per cent stake at HK$9.35 per share from Citic Polaris, a wholly owned subsidiary of Citic Group, and change its name to China Citic Financial Asset Management.

Local stocks fail to hang onto Wednesday’s big rally amid concerns about weak tech earnings. The Xi-Biden meeting in San Francisco has done little to shore up appetite for riskier assets.

BGX is taking a 30 per cent stake in BC Technology to become the largest shareholder of the owner of one of two licensed Hong Kong crypto exchanges.

WuXi XDC, a 60 per cent-owned unit of WuXi Biologics, could raise as much as US$520 million, including excess share allotment, based on the top end of its IPO price range.

Chinese logistics firm Best receives buyout offer from consortium including existing investor Cainiao, the Alibaba logistics arm planning a US$1 billion IPO in Hong Kong.

Readers discuss the need to encourage stability in Hong Kong’s equity market, and a US senator arriving at the city’s airport with a gun in his luggage.

High-Flyer Quant, a leading Chinese hedge fund manager, has suspended its co-founder and senior executive Xu Jin from work due to his ‘improper handling of a family matter’.

J&T Global Express, an Asian courier service group based in Shanghai, could raise as much as HK$4.1 billion (US$520 million) from its initial public offering after orders from investors exceeded the shares offered for sale.

Hong Kong proposes to cut stamp duty on stock transactions, putting the city back among the cheapest venues for global investors. The government is also keen for HKEX to consider ending decades-old practice of shutting the market for inclement weather.

The comment, made during a panel titled ‘What moves capital in a deconstructed world’, reflected one of the latest trends in global capital flow in an increasingly complicated world.

Midea Group, the world’s biggest home appliances maker, has submitted plans to list its shares in Hong Kong which analysts say could help attract more foreign investors as they could overcome the shareholding limits of the Stock Connect programme.

BC Technology has rejected a report that it is looking to sell OSL, one of two licensed Hong Kong crypto exchanges and the firm’s main revenue source.

Local stocks regained some footing as investors bet diplomatic efforts would help prevent the Israel-Hamas war from developing into a regional conflict.

China’s corporate reporting season is approaching with a few red flags, after a slew of earnings downgrades and cuts to stock price targets involving Big Tech leaders like Alibaba, JD.com and Tencent.

Indonesian courier services start-up J&T Global Express said on Monday it planned to raise up to HK$3.92 billion (US$500.97 million) in Hong Kong, in what is set to be the Hong Kong stock exchange’s second-largest initial public offering (IPO) of the year.

Yeung Kwok-keung’s visit to a Guangdong construction site comes as the sector’s embattled companies and their billionaire bosses strive to show their dedication to delivering housing and clearing debts amid what is seen as heightened government scrutiny.

Stocks climb toward the highest level since September 29 as mainland Chinese funds are seen ploughing more cash into H shares, adding to their major haul last quarter.

China’s fast growing electric vehicle market has seen a proliferation of manufacturers at a time when demand was boosted by government subsidies. But rising costs and slowing demand are beginning to weigh on the smaller players who are now faced with the risk of elimination.

Local stocks ended the week with a flourish after a miserable five-week losing stretch. Signs of China’s economic recovery, and speculation about property-easing measures in the city, grabbed market attention.

A bet on a basket of GEM-listed index members in January 2001 would have inflicted a near-total loss on investors. The market for small-cap stocks is a failure, one executive says, as it fights to remain relevant.

Hong Kong authorities and bankers are betting a new digital platform will boost investor confidence through a shortened settlement cycle for initial public offerings (IPO) and a quicker listing process.

Chinese stocks are close to bottoming out as concerns about the economy and property sector outlook are overdone, according to Value Partners’ Yu Chenjun.

China Evergrande Group’s shares soared as trading resumed in Hong Kong following a two-day halt, after its founder and chairman Hui Ka-yan was placed under so-called mandatory measures by the police in mainland China on suspicion of crimes.

Saudi Arabian companies such as oil giant Saudi Aramco can apply for secondary listings in Hong Kong after bourse operator Hong Kong Exchanges and Clearing added Saudi Exchange to its list of recognised stock exchanges.

A total of 42 companies raised US$3.13 billion in the first nine months, a 65% year on year drop in fundraising and the lowest since 2003, Refinitiv says. Investors and analysts hope for a fourth-quarter return of mega deals.