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29.06.26 - 09:00
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Chinese self-driving firm Momenta eyes US$750m in Hong Kong IPO (SCMP)
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Chinese self-driving technology start-up Momenta kicked off bookbuilding on Monday for a HK$5.89 billion (US$751 million) share listing on the Hong Kong stock exchange, testing market sentiment amid a sales slump in China's car industry.
The company is offering nearly 19.94 million shares at HK$295.60 per share. With 20 shares as the minimum board lot, the minimum investment is HK$5,971.62.
Sponsored by CICC and Deutsche Bank, the bookbuilding closes on Friday, ahead of a scheduled trading debut......
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29.06.26 - 08:06
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Bahrain doubles down on Hong Kong to woo mainland China capital amid Middle East tensions (SCMP)
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Bahrain has deepened its presence in Hong Kong to tap mainland China capital, as the Gulf state launches a charm offensive to court foreign investors amid the US-Israel war on Iran.
Two major Bahraini investors have already placed bets in Hong Kong to seize rising opportunities in China, while the kingdom's investment promotion agency has vowed to lure more capital with financial deregulation.
“We are here to make sure that we continue the momentum and continue the extensive engagement with......
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29.06.26 - 03:00
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Beijing′s handover anniversary policy gift to Hong Kong? It could be a ′Reit Connect′ (SCMP)
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Hong Kong is seizing every opportunity to consolidate its role as a global financial centre, leveraging unique advantages and national strategies. In the third piece of our miniseries focusing on the city's financial industry ahead of the handover anniversary, we examine the likelihood of attainable measures, such as a “Reit Connect”, being granted.
As Hong Kong marks the 29th anniversary of the handover, the city's finance sector is again watching closely for policy “gifts” from Beijing to......
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28.06.26 - 15:00
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The final insurance frontier: Hong Kong spots opportunity in mainland China′s space boom (SCMP)
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Elon Musk's recent record-breaking SpaceX IPO has thrust the space economy into the financial mainstream, but mainland China's trillion-yuan commercial space sector remains strikingly underinsured – a gap industry insiders say presents a rare opportunity for Hong Kong.
On the mainland, only third-party liability insurance is mandatory for commercial space activities. Coverage for research and development, manufacturing, testing, launches and in-orbit operations remained largely optional,......
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27.06.26 - 02:06
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Growth agenda: Hong Kong vows stronger exchange with reforms, bond futures and gold push (SCMP)
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Hong Kong is pressing ahead with an overhaul of listing rules and the launch of new product initiatives, the city's deputy finance chief said on Friday as the bourse operator marked 26 years as a publicly traded company.
Speaking at the anniversary ceremony of Hong Kong Exchanges and Clearing (HKEX), Deputy Financial Secretary Michael Wong Wai-lun outlined reforms under review, including optimising weighted voting rights, easing secondary listings by overseas issuers, and expanding flexibility......
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26.06.26 - 12:06
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Big stride: Xtep opens first Saucony store in Hong Kong, eyes more prime retail sites (SCMP)
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Chinese sportswear maker Xtep International has opened Saucony's first standalone store in Hong Kong, signalling the premium running brand will expand further, with the city positioned as a showcase market while the group's core label is reserved for broader overseas growth.
The outlet at K11 Art Mall in Tsim Sha Tsui is Saucony's first directly operated store in Hong Kong after Xtep took full control of the brand's business in mainland China, Hong Kong and Macau through a buyout of its joint......
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26.06.26 - 10:06
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Hong Kong reports 36% rise in FDI inflows so far this year, InvestHK data shows (SCMP)
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Hong Kong continued to draw US and European firms to expand their businesses in the city in the first half of this year, the latest data shows, adding new momentum to its superconnector role.
A total of 413 companies either set up local entities or expanded their businesses in Hong Kong in the first six months of 2026, representing a year-on-year increase of 9 per cent, government investment promotion agency InvestHK said on Thursday.
“[The firms] are expected to bring in over HK$53 billion......
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26.06.26 - 07:30
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CK Asset sells penthouse in Hong Kong′s Mid-Levels for US$48.5m, sets pricing benchmark (SCMP)
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A penthouse at CK Asset Holdings' luxury residential project in Hong Kong's Mid-Levels has been sold via tender for HK$380.77 million (US$48.5 million), according to a statement from the flagship property developer of tycoon Li Ka-shing, underscoring the rebound in the city's high-end residential segment.
Unit 10 on the 20th floor of 21 Borrett Road in the upscale district in Central fetched HK$126,000 per square foot, the highest price for the development and for new home sales this year,......
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26.06.26 - 06:24
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Lingyi iTech Rises in Hong Kong Debut (Bloomberg)
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Kathy Zeng, Chairwoman of Apple supplier Lingyi iTech, says the company has secured major clients in both the US and China as it expands into the humanoid robotics sector. She speaks with Bloomberg's Minmin Low on "Bloomberg: The China Show". (Source: Bloomberg)...
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26.06.26 - 05:48
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Hang Seng Index heads for worst week in over a year as renewed sell-off engulfs tech names (SCMP)
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Stocks in Hong Kong and on mainland China tumbled on Friday, as a fresh bout of sell-offs in technology companies put the city's equity benchmark on track for its worst weekly performance in more than a year.
The Hang Seng Index fell 2.3 per cent to 22,538.65 as of 11.38am local time, heading for a 5.8 per cent loss this week. If the rate of decline holds until the close, it will be the biggest drop for the five-day period since April 11, 2025.
The Hang Seng Tech Index dropped almost 4 per......
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