Sunshine Lake Pharma’s shares fell in their trading debut in Hong Kong, as the city’s buzz over first-day trading took a breather while the stock market sought fresh directions from mainland China’s macroeconomic statistics and trade talks. Known also as Guangdong Dongyangguang Pharmaceutical, Sunshine was the first stock to commence trading by introduction on the…
Hong Kong Exchanges and Clearing (HKEX), which operates Asia’s third-largest stock market, will reduce the minimum trading spread for about 300 stocks starting Monday, a move aimed at lowering transaction costs and increasing turnover. “The minimum spread is the minimum price change for a stock traded on an exchange and determines the tightest bid-ask spread…
Thirty-six biotechnology, pharmaceutical and medical device companies sought a capital raise on the Hong Kong Stock Exchange (HKEX) in the first half (H1) of 2025, a review by BioWorld found. Of those, 34 companies were from mainland China. In June alone, 12 Chinese biotechnology, pharmaceutical and med-tech companies filed for a Hong Kong IPO including…
Inclusion and fairness are fundamental human values, yet many societies struggle to strike a balance between removing barriers and holding everyone to high performance standards. One recent example is the controversial US rollback of diversity, equity and inclusion rules. So, it was encouraging to see Hong Kong Exchanges and Clearing (HKEX) claim success in its…
A media report overt the weekend saying the London Stock Exchange Group (LSEG) is considering 24-hour trading has raised questions about whether Hong Kong’s bourse could similarly lengthen its transaction hours to cater to a younger generation of trade-anytime investors. The Orion Derivatives Platform (ODP), developed by Hong Kong Exchanges and Clearing (HKEX) for roll-out…
Hong Kong pop diva and actress Karen Mok Man-wai bought a luxury unit in the Mid-Levels district for HK$85 million (US$10.8 million), as the city’s celebrities, tycoons and other wealthy investors continue to pick up plum properties that are selling for a song. According to the Land Registry, a 2,153 sq ft three-bedroom flat at…
Eve Energy, China’s fifth-largest producer of electric vehicle (EV) batteries, plans to raise fresh capital on the Hong Kong stock exchange, following the lead of its bigger rival Contemporary Amperex Technology (CATL) as international investors show a growing appetite for the country’s industrial gems. The Shenzhen-listed company said on Tuesday that its board had endorsed…
When Yan Jun was looking around last year for a stock market to raise capital for his Beijing-based traffic-control software company, the engineer and chairman thought he was spoiled for choice. He could sell shares of his 10-year-old company AICT on one of the three mainland exchanges – Beijing, Shanghai and Shenzhen – that together…
May 30, 2025 The luxury residential property market in Hong Kong is showing signs of recovery as the chairman of Hong Kong Exchanges and Clearing (HKEX) recently sold a house in Pok Fu Lam for HK$70 million (US$8.9 million). According to the South China Morning Post, this sale price is approximately three times what Carlson…
The Hong Kong stock exchange is set to be inundated with initial public offerings (IPOs) in coming months after Chinese electric vehicle (EV) battery king CATL’s bumper listing whetted global investors’ appetite for Asian markets, according to JPMorgan. The local bourse, buoyed by regulators’ efforts to promote fundraising, has made a strong comeback this year…