News

Hong Kong’s biggest IPO is in the works

China Everbright Bank will IPO in Hong Kong before the year ends.

Hong Kong’s biggest IPO is in the works

China Everbright Bank will IPO in Hong Kong before the year ends.

Short selling now under more government scrutiny

The government now has the means to better monitor short selling.

HKEx to acquire London Metal Exchange; Maybank Kim Eng thinks it is bad news

There would be negative impact on HKEx’s balance sheet, says the analyst.

China boosts Hong Kong’s position as RMB center

China will issue sovereign renminbi bonds in Hong Kong with a total value of RMB23 billion.

Hong Kong targets Indian tourists

Hong Kong is investing HK$12.5 million to entice Indian tourists to visit the city.

AirAsia Philippines to serve Hong Kong

Budget carrier AirAsia Philippines will begin flying to Hong Kong from the Philippines on July 19.

Hong Kong dismisses Yam’s suggestion to review linked exchange rate system

There is no need for the government to change the linked exchange rate system that has served Hong Kong well over the years.

Election process for Hong Kong deputies starts

Those willing to become members of Hong Kong’s electoral council are required to register at the relevant office in Hong Kong between July 10 and 25.

Huadian Fuxin reduces IPO size

State-owned clean energy firm Huadian Fuxin Energy Corporation falls victim to the weak global economy.

Diageo mulling Hong Kong IPO

The British company that owns Johnnie Walker, Smirnoff and Baileys is considering an IPO in Hong Kong.

Foreign currency reserves down slightly in April

It decreased by US$3.7 billion to US$291.9 billion at the end of May.

Hong Kong touts investor protection initiatives

The government says it will introduce further measures to protect investors when appropriate.

Most Hong Kong managers are blind to a staff's long-term value

A study found that Hong Kong managers measure a new hire's impact on the 1st year and then lose interest.

Towngas makes massive investment in eco-friendly energy

The Hong Kong and China Gas Company, widely known in the city as Towngas, plans to spend HK$10 billion to expand in China.

Hong Kong’s economic growth could slip further

Hong Kong’s economy grew 5% in 2011, which was lower than the previous year's 6.8%.

Three Hong Kong IPOs fall apart in one week

Three IPOs in Hong Kong that were to have been launched last week have been shelved.

A May to forget for the Hang Seng

The Hang Seng Index ended its worst May in 14 years, plunging 11.7%, and dropping for four straight weeks, the longest since November 2011.