Kongs

Shares in Hong Kong’s New World Development plunge after loss estimate
Shares in Hong Kong’s New World Development plunge after loss estimate
September 2, 2024
SHARES in major Hong Kong property developer New World Development plunged 13 per cent after it estimated a net loss of as much as HK$20 billion (S$3.4 billion) for...
Hong Kong’s bourse reports 3% drop in first-half profits, Q2 activities pick up
Hong Kong’s bourse reports 3% drop in first-half profits, Q2 activities pick up
August 21, 2024
HONG Kong’s bourse operator said it’s cautiously optimistic for the year despite a 3 per cent drop in first-half profits on sluggish trading and subdued listing activities, as market...
Hong Kong’s bourse reports 3% drop in first-half profits, Q2 activities pick up
Hong Kong’s bourse reports 3% drop in H1 profits, Q2 activities pick up
August 21, 2024
HONG Kong’s bourse operator said that it is cautiously optimistic for the year despite a 3 per cent drop in first-half profits on sluggish trading and subdued listing activities,...
Hong Kong’s CK Infrastructure applies for UK listing
Hong Kong’s CK Infrastructure applies for UK listing
August 14, 2024
Hong Kong’s CK Infrastructure Holdings said on Wednesday (Aug 14) that it had applied for a secondary listing on the London Stock Exchange.The company, a part of the conglomerate...
Hong Kong’s Swire Pacific to raise up to US0 million via dollar bond: sources
Hong Kong’s Swire Pacific to raise up to US$500 million via dollar bond: sources
June 26, 2024
HONG Kong conglomerate Swire Pacific is looking to raise US$300 million to US$500 million through a five-year US dollar bond, according to two sources with direct knowledge of the...
Hong Kong’s shaky crypto ETF debuts dent global hub aspirations
Hong Kong’s shaky crypto ETF debuts dent global hub aspirations
May 16, 2024
THE first Hong Kong exchange-traded funds (ETFs) investing directly in crypto have so far failed to spark the kind of excitement that greeted rival US products, a blow for...
Bubble tea maker Chabaidao slumps 10% in Hong Kong’s biggest 2024 debut
Bubble tea maker Chabaidao slumps 10% in Hong Kong’s biggest 2024 debut
April 23, 2024
SICHUAN Baicha Baidao Industrial, also known as Chabaidao, plunged 10 per cent in its trading debut, indicating diminished demand for shares of companies making hugely popular bubble tea.Shares traded...
Hong Kong’s ZA Bank looks to offer Hong Kong accounts for stablecoin issuers
Hong Kong’s ZA Bank looks to offer Hong Kong accounts for stablecoin issuers
April 5, 2024
HONG Kong’s ZA Bank is talking to potential stablecoin issuers about setting up accounts for the cash reserves that would back the tokens.Alternate chief executive Devon Sin said the...
Hong Kong’s Hang Seng Index to stay unchanged after review
Hong Kong’s Hang Seng Index to stay unchanged after review
February 16, 2024
THERE will be no additions or subtractions to Hong Kong’s Hang Seng Index following its latest quarterly review, according to a statement. That keeps the number of members on...
Prada, XPeng and BeiGene may join Hong Kong’s stock benchmark
Prada, XPeng and BeiGene may join Hong Kong’s stock benchmark
February 16, 2024
HONG Kong’s Hang Seng Index may add more electric vehicle (EV) and foreign firms in its upcoming quarterly review as the exchange progresses towards its 100-member target. Chinese EV...