Hong Kong Institute of Financial Analysts – Charm

CATL’s Hong Kong-Shenzhen share premium grows after JPMorgan upgrade

Cs news5 months ago03 mins

Contemporary Amperex Technology (CATL) surged in Hong Kong on Monday after JPMorgan Chase upgraded the stock, which extended a rebound for Chinese battery makers and inflated the premium of its Hong Kong shares over those that trade in Shenzhen. The US bank also predicted stronger demand for CATL’s energy storage systems. CATL’s Hong Kong shares…

Hong Kong’s bull market in stocks fills coffers, plugs hole left by property woes

Cs news8 months ago04 mins

Hong Kong’s stock market stamp duty income is filling the city’s financial coffers at the fastest pace since 2021, amid a bull run on the local bourse that has attracted scores of initial public offerings (IPOs) and fuelled frenzied trading. Duties from transactions and transfers rose to HK$29.69 billion (US$3.78 billion) in the first five…