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…
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…
SHANGHAI, – China stocks dipped on Wednesday as many traders were reluctant to take fresh positions ahead of the long Labour Day holiday, while data showed new export orders plummeted due to aggressive U.S. tariffs. ** But the Hong Kong market rose slightly, aided by a jump in tech stocks, and a rebound in property…