China’s securities regulator has urged the nation’s brokerage industry to rev up the pace of cultivating top investment banks capable of competing on the global stage and better facilitate Beijing’s technological self-reliance drive as outlined in a critical five-year plan by the Communist Party. Securities companies should redouble efforts to fulfil the goal set by…
(Reuters) -Chinese autonomous driving firm WeRide plans to price its Hong Kong share sale at HK$27.10 per share, aiming to raise HK$2.39 billion ($307.7 million) from the listing, Bloomberg News reported on Tuesday. Reuters reported last month that WeRide had tapped Morgan Stanley and China International Capital Corp to lead its planned dual primary listing…
Funds raised from new share sales in Hong Kong jumped 220 per cent in the first nine months of 2025, strengthening the local stock exchange’s grip on the top spot in the global rankings, while analysts predicted that the initial public offering (IPO) market would continue to pop well into next year. A total of…
The Central Commission for Discipline Inspection (CCDI) confirmed the investigation on Sunday, saying Tong was suspected of serious violations of discipline and law – a phrase often used as a euphemism for corruption. The CCDI gave no further details of the investigation, but business news outlet Caixin reported in August that Tong – once a…
By Kane Wu and Julie Zhu HONG KONG (Reuters) -Chinese video streaming platform iQIYI has hired Bank of America, CICC and JPMorgan to work on a second listing in Hong Kong, which could raise between $200 million and $300 million, said two people with knowledge of the matter. The company plans to file its application…
Founded in 2018 at fast-rising Chinese technology hub Hangzhou, capital of eastern Zhejiang province, Zhiyi Tech is focused on compiling style and sales data from major shopping and social-media sites around the world, providing clients with data-driven analysis of fashion market trends. Zhiyi Tech founder and CEO Zheng Zeyu said in a Post interview last…
Foshan Haitian Flavouring and Food Company, the largest listed condiment producer in mainland China, is seeking to raise up to HK$9.56 billion (US$1.22 billion) in Hong Kong, marking one of the city’s largest initial public offerings (IPOs) this year and giving a boost to its status as a world-leading fundraising hub. The company is offering…
A 17 per cent surge since its listing last month has propelled CATL’s Hong Kong-traded shares (H shares) to an 11 per cent premium over their mainland-listed counterparts (A shares), a rarity among the 155 dual-listed companies. And the Hong Kong-listed shares of Hengrui, China’s biggest drug maker by market value, are now nearly on…