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03.07.26 - 14:06
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China′s Momenta IPO oversubscribed 414 times as Hong Kong listings pack calendar (SCMP)
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Chinese autonomous-driving startup Momenta drew massive subscription numbers for its HK$5.89 billion (US$751 million) initial public offering in Hong Kong, even as it competed against five other issuers launching their IPOs at the same time.
The Suzhou-based company's bookbuilding closed on Friday. Preliminary figures showed that it attracted nearly 210,000 subscription applications, with the public offering subscribed 414 times, according to people familiar with the matter.
Sponsored by China......
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03.07.26 - 09:12
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Aktien Asien: Erholung im Gefolge der US-Börsen (DPA-AFX)
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SEOUL/TOKIO/HONGKONG/SHANGHAI (dpa-AFX) - Die wichtigsten asiatischen Aktienmärkte haben am Freitag zugelegt. Sie reagierten damit auf die guten Vorgaben aus den USA.Auslöser der Gewinne waren die US-Arbeitsmarktdaten. Die Daten haben ......
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03.07.26 - 08:06
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Mainland investors in buying mood for Hong Kong shares, favouring SMIC, Zhipu AI (SCMP)
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Investors in mainland China turned into buyers of Hong Kong stocks in June, defying weakness on the broader market as they bought on dips by artificial-intelligence plays including Semiconductor Manufacturing International Corp (SMIC) and Knowledge Atlas Technology.
Onshore investors bought a combined HK$27.1 billion (US$3.5 billion) of the city's stocks via the cross-border Stock Connect programme last month, reversing an outflow of HK$3.6 billion in May, according to the data from the Hong......
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03.07.26 - 07:30
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Henderson, Sino join JD.com in bid for Hong Kong′s first Northern Metropolis pilot project (SCMP)
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Henderson Land Development said it submitted a bid for Hong Kong's first Northern Metropolis pilot project, while Sino Land said it had teamed up with five partners for the tender, as the city's government was set to receive tenders for the development project by noon today.
So far, the two Hong Kong developers have confirmed their tender submission. The final number of bids will be announced later on Friday, according to the Development Bureau.
In a joint statement, the six-company consortium......
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03.07.26 - 05:36
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Kuaishou files US$3 billion Kling AI funding round to Hong Kong stock exchange (SCMP)
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Chinese short video giant Kuaishou said on Thursday evening that its artificial intelligence video arm, Kling AI, was seeking to raise around US$3 billion in its first external fundraising round, according to a filing to Hong Kong Exchanges and Clearing.
The funding round, first reported by the South China Morning Post on Wednesday, was backed by a long list of investors, spanning Chinese technology heavyweights, state-backed investment vehicles and entertainment industry participants.
Baidu,......
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03.07.26 - 05:00
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Chinese banks surge ahead amid Hong Kong′s IPO wave, challenging global giants (SCMP)
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Chinese investment banks are raking in billions of dollars as they overtake their global rivals amid Hong Kong's wave of initial public offerings led by technology firms, while Beijing pushes ahead with its ambition to forge a home-grown Goldman Sachs.
The dominance of a handful of Chinese investment banks has extended to the IPO business, one of the most profitable segments, with Beijing-based China International Capital Corporation (CICC) taking the top ranking in both the Hong Kong and......
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03.07.26 - 04:24
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Hong Kong to launch long-awaited gold clearing and settlement system next week: sources (SCMP)
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Hong Kong will launch a long-awaited gold clearing and settlement system next week, making a giant stride towards being an international price-setter for the key precious metal, according to two sources with knowledge of the matter.
The authorities plan to process the first gold settlement through the new system on Tuesday, one source told the South China Morning Post.
“We have seen a lot of gold leave London, the US and Europe, and large bars have been flown into Asia in anticipation of this,”......
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02.07.26 - 11:30
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Hong Kong assets hit record US$5.38 trillion on renewed China appetite: SFC (SCMP)
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Assets and wealth under management in Hong Kong surged to a record high last year as global investors returned to Chinese assets, underscoring the city's edge over Switzerland as a wealth hub.
Financial firms in Hong Kong managed HK$42.2 trillion (US$5.38 trillion) worth of assets last year, a 20 per cent increase from the previous peak of HK$35.5 trillion in 2024, according to a report released by the Securities and Futures Commission on Thursday.
Driven by the asset-management and......
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02.07.26 - 10:01
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Clogged pipeline: Many Hong Kong IPO hopefuls near application expiration (SCMP)
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A large number of mainland Chinese companies hoping to list shares on the Hong Kong stock exchange are anxiously waiting for a nod from the mainland securities regulator, with many now at risk of having their listing applications lapse.
More than 430 companies were currently waiting in the initial public offering (IPO) pipeline, according to data from bourse operator Hong Kong Exchanges and Clearing (HKEX). More than 30, including mainland supermarket chain Qiandama and EVE Energy, a......
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02.07.26 - 06:00
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From AI chips to energy drinks: Hong Kong′s biggest listing deals of 2026 so far (SCMP)
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Hong Kong's stock exchange ranked second globally by capital raised in the first half of 2026, with total proceeds from initial public offerings and secondary listings rising 84.3 per cent year on year to US$26.4 billion.
Among the 84 new listings during the period, mainland Chinese issuers accounted for 98.5 per cent of the total, with the majority concentrated in advanced technology and consumer staples.
Below are the five largest deals:
1. Victory Giant Technology, US$2.73 billion
The......
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02.07.26 - 04:06
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China′s tax crackdown shakes A-share and Hong Kong-listed firms with major payouts (SCMP)
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China's anti-tax evasion campaign is sweeping across the A-share and Hong Kong stock markets, with at least 80 listed firms already having been ordered to pay back corporate income taxes and late fees to local authorities.
The number of listed companies involved in the first half of the year is likely to soon surpass the total of 89 for full-year 2025, raising concerns that Beijing's taxation drive could be extended amid local debt black holes, which would threaten corporate earnings, cash flows......
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02.07.26 - 02:36
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Can Hong Kong absorb US$100 billion of newly tradable shares amid the global AI boom? (SCMP)
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Hong Kong stocks have trailed other major global markets in the first half of the year, a trend analysts said could persist as sluggish consumer spending weighs on Chinese internet platforms and an entrenched AI trade risks widening the performance gap.
A glut of stocks from the expiry of IPO lock-up periods could pose a further threat this quarter, prompting the city's exchange to respond quickly with countervailing measures. These included lowering trading barriers for individual investors, a......
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02.07.26 - 01:00
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Rare momentum: Hong Kong universities, schools prop up commercial property market (SCMP)
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Hong Kong's educational institutions are forecast to ramp up their investment and leasing in the commercial property segment, with leading universities and international schools among those paying top dollar to acquire or lease office and retail spaces, according to Colliers.
In the first five months of the year, property acquisitions by educational institutions accounted for nearly 40 per cent of total investment in the commercial property sector, the consultancy said.
“Education-related......
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