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HKEX

IPO

Hong Kong to fast track Chinese firms’ IPOs to revive market

Listing approvals for China’s onshore-listed companies will be streamlined provided they meet certain criteria, HKEX CEO Bonnie Chan says.

1 minute agovideocam

Hong Kong Monetary Authority (HKMA)

Alibaba’s Connect link shows Hong Kong’s strength, access to mainland funds

20 Nov 2024 - 5:25PMvideocam

Banking & finance

Hong Kong summit kicks off with biggest Beijing team as stimulus, Trump in focus

18 Nov 2024 - 3:33PMvideocam

Hong Kong

Top bankers gather in Hong Kong for summit as regulators promise more reforms

Chinese Vice-Premier He Lifeng, who is bringing a huge delegation, will deliver a keynote speech.

18 Nov 2024 - 9:02PM

CSRC Vice-Chairman Li Ming appears at the HKEX Connect Summit in Hong Kong on November 18, 2024. Photo: Jonathan Wong

IPO

Saudi officials say firms in the Middle East are interested in listing in Hong Kong

Carlson Tong Ka-shing says Saudi Arabia and Hong Kong have established ‘trust and friendship’.

18 Nov 2024 - 8:42AM

Electric & new energy vehicles

Why Zeekr shares slumped in New York on news of Geely Auto reorganisation

Zeekr loses 24 per cent in New York trading after announcement of Geely Auto reorganisation plan.

15 Nov 2024 - 4:30PMvideocam

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

A man passed a a screen showing Chinese stock market movements in Beijing. Photo: Agence France-Presse

ETFs

ETFs are the hottest new products in Hong Kong’s roller-coaster rally

Net fund flows have surged 48 per cent year on year, with an ETF tracking the Hang Seng Index surpassing Tencent in daily volume.

5 Nov 2024 - 4:35PM

FII conference

‘Not just talk’: Hong Kong secures billions in funds, deals at FII in Riyadh

The highlight of the week was the US$1 billion accord announced on the final day of the 2024 FII summit by the Saudi sovereign wealth fund and the HKMA.

1 Nov 2024 - 6:42PM

Banking & finance

HKEX to open Saudi office next year to enhance market presence, connections

Move represents another effort to forge Middle East ties amid frayed China-US relations.

30 Oct 2024 - 6:01PMvideocam

The Connect Hall at HKEX’s headquarters in Central. Photo: Jonathan Wong

ETFs

Saudi Arabia’s first ETF tracking Hong Kong stocks opens flat on Tadawul debut

Albilad ETF, which tracks 30 Hong Kong-listed sharia-compliant stocks, opened flat at the opening bell.

30 Oct 2024 - 9:20PM

Hong Kong

HKEX’s virtual asset index launch is a boost for Hong Kong’s crypto hub ambitions

The index series, launching on November 15, will offer benchmarks for bitcoin and ether.

28 Oct 2024 - 7:00PM

IPO

First overseas company listing in Hong Kong via SPAC marks historic milestone

Synagistics starts trading under the 2562 stock code on Wednesday after combining its business with Hong Kong Acquisition Corporation.

28 Oct 2024 - 4:00PM

Fintech

Hong Kong start-ups head to Riyadh for the Future Investment Initiative

Hong Kong start-ups ‘have a lot to offer’ Saudi Arabia, which is trying to diversify its oil-dominated economy.

29 Oct 2024 - 3:17PM

Albert Wong Hak-keung, CEO of the Hong Kong Science and Technology Parks Corporation. Photo: Dickson Lee

Fintech

Why are Hong Kong’s brokers going against the grain in the digital era?

Online broker Futu Securities opened its fourth branch in Causeway Bay last week, while Phillip Securities mulls new branches.

25 Oct 2024 - 7:30AMvideocam

Futu Securities opened its latest physical branch in Causeway Bay last week. Photo: Jonathan Wong

IPO

HKEX’s third-quarter profit rises 7% on IPOs, turnover

Funds raised from IPOs in the June to September quarter reached HK$42.2 billion, six times higher than a year earlier.

23 Oct 2024 - 5:07PMvideocam

Banking & finance

China will push internationalisation of yuan, markets: Sibos panellists

‘China’s financial sector has and will continue to embrace opening up and cooperation,’ said Lu Lei, deputy governor of the PBOC.

21 Oct 2024 - 5:00PM

IPO

Hong Kong sets 40-day ‘deadline’ to vet IPOs to boost market appeal

New time frame for processing IPO applications will add clarity and transparency, and potentially save costs for candidates, experts say.

18 Oct 2024 - 9:44PMvideocam

A post-stimulus bull run in Chinese stocks will allow IPO candidates to fetch higher valuations for their shares. Photo: Bloomberg

Banking & finance

Hong Kong bound for top of IPO charts, outgoing SFC chair says

In a farewell media briefing, Tim Lui also says he is grateful to see the SFC owning its own permanent office space.

17 Oct 2024 - 7:30PM

IPO

Hong Kong to enhance IPO rules to attract listings, John Lee says

Certainty in timing would go a long way towards enhancing Hong Kong’s attractiveness as a fundraising hub, proponents said.

16 Oct 2024 - 5:41PM

Banking & finance

Hong Kong banks on more capital inflows with wider use of yuan in investment

HKEX is working to enable foreign investors to use Chinese government bonds as collateral for northbound Swap Connect transactions.

15 Oct 2024 - 6:30PM

Hong Kong can attract inflows, given its role as a conduit for yuan transactions, Hui says at a HKEX summit in Central on October 15. Photo: SCMP

Banking & finance

HKEX launches white paper to ‘spark discussion’ on cutting settlement time

The bourse operator is enhancing its systems to create a clearing and settlement platform that will make the market T+1 ready by end of 2025.

15 Oct 2024 - 9:55AM

The Hong Kong Stock Exchange in Central. Photo: SCMP/Edmond So

Banking & finance

New association’s goal is to help small listed companies grow like Tencent

‘Many Hong Kong small and medium-sized listed companies face a lot of challenges,’ guild chairman says.

9 Oct 2024 - 8:00PM

Hong Kong property

Hong Kong’s housing market lacks key ingredients to halt losses

Lower financing costs and greater wealth effect from stock gains are needed to overcome another year of declines in home prices, analysts say.

9 Oct 2024 - 10:00AMvideocam

Interest rates

Fed rate cut could propel Hong Kong to top 3 on global IPO table by year-end

Lower rates will drive investors away from US dollar assets towards Hong Kong and Chinese markets, with Beijing’s recent stimulus acting as a catalyst.

3 Oct 2024 - 8:30AMvideocam

The fortunes of Hong Kong’s stock market are back on the rise. Photo: Eugene Lee

Hong Kong stock market

In Hong Kong, young investors are chasing the US$1.8 trillion stock rally

An influx of young investors has overwhelmed some online trading platforms, leading some to opt for physical branches to open accounts to cash in on potential gains.

1 Oct 2024 - 12:11PM

The flag for Hong Kong Exchanges and Clearing flies in Hong Kong. The city’s stock market has been on a tear in the past few days. Photo: Bloomberg

Hong Kong property

Hong Kong developers have best day since May as 200 flats snapped up on rate cut

Hong Kong saw the most number of new flats sold on a single day since May as market sentiment improved after a rate cut by the HKMA.

28 Sep 2024 - 9:46PM

IPO

A rush of mega IPOs could put Hong Kong back on top of the IPO table

IPOs in the city reached US$7.14 billion in the first nine months, exceeding last year’s total of US$5.9 billion, LSEG data shows.

27 Sep 2024 - 5:15PMvideocam

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HKEX

Hong Kong Exchanges and Clearing is the holding company for the city’s stock exchange, futures exchange and clearing company. Its market capitalisation made it the world’s biggest listed bourse as of the end of 2012. In December 2012, the HKEX clinched the US$2.2 billion takeover of the London Metal Exchange, the world's biggest marketplace for industrial metals.<br />

Chairman / President

Carlson TONG

CEO / Managing Director

Bonnie Y CHAN

CFO / Finance Director

Vanessa LAU

Industry

Banking, Financial Services, Fund & Asset Management

Website

hkex.com.hk

Headquarters address

12/F, One International Finance Centre, 1 Harbour View Street, Central, Hong Kong

Year founded

1891

last updated:

30 September, 2024