Hong Kong prepares for new era of yuan stock trading with ‘dual counter’ tickers
The city’s stock exchange hopes the addition of Chinese yuan trading for an initial 24 companies will draw in new investors who prefer to use the mainland currency Key Takeaways:…
PODCAST: GDP growth bounces back, and Hong Kong welcomes ‘specialist tech companies’
China’s GDP grew 4.5% in the first quarter, rebounding from 2.9% growth the previous quarter. And Hong Kong rolls out the welcome mat for tech startups with the launch of new rules allowing money-losing high-growth companies to list on the stock exchange’s main board.
Hong Kong Set to Overtake Singapore in SPAC Market, With Help From Mainland Sponsors
The Hong Kong Stock Exchange has received IPO applications from six SPACs in the last month, most with major mainland backers Key Takeaways: Hong Kong has received six SPAC listing…
U.S.-listed Chinese Stocks May Be Set for Rebound in 2022
After a year of setbacks, Chinese stocks traded in New York and Hong Kong are regaining investor interest as the policy landscape becomes clearer Key takeaways: The regulatory storm that…
Hong Kong Tries Out SPACs, But Small Investors Need Not Apply
Regional financial hub follows New York with plans for a SPAC IPO mechanism, but erects higher barriers to entry Key Takeaways: Hong Kong will launch a SPAC market on Jan.…
FAST NEWS: Hair Transplant Specialist Yonghe Sprouts Healthy Gains on Trading Debut
The latest: Hair transplant specialist Yonghe Medical Group Co. Ltd. (2279.HK) made its trading debut on the Hong Kong stock exchange on Monday, opening at HK$15.76, or 0.25% lower than its IPO…
Sea Cucumber Breeder Anyuan Makes Second Go at Hong Kong Listing. But Will Investors Bite?
Leading sea cucumber breeder’s profits are declining as it faces challenges of competition and growing reliance on small number of major buyers Key takeaways: Sea cucumber breeder Anyuan Marine’s profits…
