Business /
Money
Banking & finance
Banking & Finance
‘China’s FedEx’ delivers a lacklustre trading debut in Hong Kong
Shares of the Chinese courier firm SF Holding began trading at HK$34.30, unchanged from its IPO price.
27 Nov 2024 - 4:32PM
Bonds
Hong Kong’s infrastructure bond offering excites retail investors
26 Nov 2024 - 7:33PM
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Banking & finance
Hongkongers break savings record for second year amid shaky economy
26 Nov 2024 - 5:00PM
China Business
China economy
Shanghai banks on top international artists to draw tourism spending
A recent month-long arts festival drew 20,000 visitors from abroad, according to organisers, boosting officials’ confidence in the strategy.
24 Nov 2024 - 9:00AM
A scene in dance drama Azure After The Rain, staged during the China Shanghai International Art Festival in 2024. Photo: Handout
Banking & Finance
Wealth management
Hong Kong’s wealth sector thrives as political uncertainty, geopolitics swirl
The Capital Investment Entrant Scheme, launched in March, has brought in more than HK$20 billion from 670 applications, Paul Chan says.
22 Nov 2024 - 2:54PM
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China Business
Electric & new energy vehicles
Unprofitable Chinese EV makers face ‘do-or-die moment’
Only those that can sustain operations without external funding will stay in the race amid overcapacity and tariff woes, analysts say.
22 Nov 2024 - 8:30AM
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Banking & Finance
Wealth management
Blackstone to train Hong Kong wealth managers as private assets gain favour
Alternative asset manager launches Blackstone University programme along with Private Wealth Management Association.
21 Nov 2024 - 1:07PM
Markets
IPO
Could Hong Kong property tycoons’ backing lead to revival of IPOs?
Hong Kong billionaires are cornerstone investors in SF Holding’s US$793 million IPO, the first time tycoons have backed a listing in the city since 2022.
20 Nov 2024 - 3:47PM
SF Holding, the parent of SF Express, will list in Hong Kong next week. Photo: Reuters
Markets
IPO
Chinese courier giant seeks up to US$793 million from Hong Kong IPO
China’s largest express delivery company is selling 170 million shares at HK$32.30 to HK$36.30 each, with the listing to take place on November 27.
19 Nov 2024 - 1:46PM
Banking & Finance
Banking & finance
Regulators chime in to support Hong Kong’s role as markets connector
Chinese officials, speaking in Hong Kong, say they support the city as the bridge between the mainland and the rest of the world.
19 Nov 2024 - 7:58PM
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China Business
Electric & new energy vehicles
BYD set to usurp VW as China’s top carmaker amid surge in EV deliveries
BYD’s total deliveries have exceeded perennial leader Volkswagen’s volume this year through October.
18 Nov 2024 - 8:56PM
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Banking & Finance
Family offices
Hong Kong’s family business event wraps up with talk on US-China ties
The second day of the by-invitation event kicked off with a discussion about opportunities in Asean with Malaysia at the helm.
17 Nov 2024 - 11:08PM
Pre-conference dinner of the 2024 Family Business Summit at the Four Seasons Hotel on November 15, 2024. Photo: Jonathan Wong.
Banking & Finance
Family offices
2024 FBS Summit: Hong Kong event gathers family business owners
More than 100 business owners gathered at the closed-door, principals-only 2024 Family Business Summit in Hong Kong over the weekend.
18 Nov 2024 - 5:15PM
China Business
Electric & new energy vehicles
China’s EV production moves into fast lane as output hits 10 million
Chinese EV makers have delivered 9.75 million units to mainland buyers between January and October, a year-on-year jump of 34 per cent.
26 Nov 2024 - 3:49PM
7
China Business
Electric & new energy vehicles
Chinese EV makers’ global plans hit bumps amid Beijing’s warning, failed deals
After officials warned against investments in EU countries that favoured recent tariffs, EV makers may need to rethink their strategies.
14 Nov 2024 - 12:59PM
China Business
Electric & new energy vehicles
BYD shrugs off Europe EV tariffs to deliver Sealion 07 SUV from 2025
Chinese EV makers are pushing sales in export markets amid stiff competition, sluggish economy at home.
13 Nov 2024 - 6:20PM
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China-built electric vehicles, including those by BYD, are seen parked in the port of Zeebrugge in Belgium in October 2024. Photo: Reuters
Banking & Finance
China stock market
UBS cuts China stock forecast amid Trump tariff threat, weak stimulus
Swiss money manager cuts mid-2025 and end-2025 targets for MSCI China Index because of tariff uncertainties and disappointing stimulus.
13 Nov 2024 - 10:22AM
Banking & Finance
Banking & finance
Tracker Fund turns 25 as Hong Kong eyes top ETF hub status in Asia
The Tracker Fund has mirrored the Hang Seng Index’s returns since inception, giving investors an indirect bet on a basket of benchmark stocks.
12 Nov 2024 - 6:28PM
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Business
Hong Kong property
Lui Che-woo, property and casino magnate of K. Wah and Galaxy, dies at 95
Lui, the chairman of the K. Wah Group of companies, died peacefully on November 7, according to filings to the Hong Kong stock exchange by his companies.
13 Nov 2024 - 10:47AM
Banking & Finance
Hong Kong Monetary Authority (HKMA)
Exclusive
|
China’s vice-premier to lead delegation of bankers for HKMA’s finance summit
China’s Vice-Premier He Lifeng will lead delegation to the 2024 Global Financial Leaders Investment Summit in Hong Kong, two sources said.
11 Nov 2024 - 11:11PM
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A video address by China’s Vice Premier He Lifeng during the Global Financial Leaders’ Investment Summit in Hong Kong on 7 November 2023. Photo: May Tse
Business
Banking & finance
Investors look past debt clean-up plan as minister pledges more proactive policy
A number of market participants say there is reason to believe that more economic relief is on the way.
11 Nov 2024 - 12:19PM
China Business
China trade
US farmers sign big deals at CIIE expo, easing concerns about scale of trade war
‘Agricultural products are an important part of bilateral trade between China and the US,’ AmCham Shanghai says.
11 Nov 2024 - 10:58AM
China Business
Consumers
From Ikea to Muji, foreign brands still bet big on Chinese consumers
Lifestyle-product retailers are investing in new stores in China, as richer consumers continue to splurge on quality imports.
10 Nov 2024 - 3:42PM
OPINION
Weijian Shan
Opinion
|
Why it’s time Hong Kong joined China’s currency zone
17 Sep 2024 - 5:35PM
4
Jeffrey Wu
Opinion
|
How Hong Kong’s battered stock exchange can earn its reputation back
25 Aug 2024 - 10:47AM
4
Andrew Sheng
Opinion
|
How America’s national debt has become the world’s liability
26 Jul 2024 - 4:30PM
6
James David Spellman
Opinion
|
Why central banks must quickly but conscientiously reckon with AI
2 Jul 2024 - 4:30PM
Anthony Rowley
Macroscope
|
ESG investing: a waste of climate finance?
15 Jun 2024 - 4:30PM
5
Zhou Xin
Opinion
|
China still has lessons to learn in internationalising the yuan
11 Apr 2023 - 7:00AM
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