CANADA – 2026/05/23: In this photo illustration, the CXMT (ChangXin Memory Technologies) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images ChangXin Memory Technologies’ massive listing is stoking fears that its market debut could pull cash from Chinese equities, as…
HONG KONG, CHINA: Hong Kong has emerged as a major biotech fundraising hub, attracting dozens of Chinese biotech firms to list in the city. Cheng Xin | Getty Images News | Getty Images For years, Chinese companies such as Alibaba and Baidu headed to the U.S. to list their shares, citing its deeper capital markets…
Skyscrapers along the Victoria Harbour are illuminated by the afternoon sun in Hong Kong on Sept 15, 2025. (ANDY CHONG / CHINA DAILY) Hong Kong’s accounting regulator signaled a tougher supervisory stance on audit firms with weak track records, while encouraging underutilized firms to take on a greater role in supporting the city’s capital markets,…
Freshfields, JunHe, King & Wood and Jingtian & Gongcheng have counselled on Three-Circle Group’s HKEX debut on 9 July, raising around HKD7.16 billion (USD913 million), completing the electronic ceramic components company’s dual listing following its SZSE IPO in 2014. The company issued around 71.36 million H shares at HKD100.3 each, achieving a market capitalisation of…
Shein’s platform exports exceeded US$14.5 billion in 2025. (Reuters pic) BEIJING: Fashion titan Shein has won approval from China’s market watchdog for its initial public offering application in Hong Kong, the China Securities Regulatory Commission (CSRC) said in a statement on Friday. Shein’s plan to sell up to 341.6 million shares and list on the…
This April 10, 2026, photo shows Exchange Square, which houses Hong Kong Exchanges and Clearing Ltd, in the Central financial district of Hong Kong. (SHAMIM ASHRAF / CHINA DAILY) HONG KONG – The Hong Kong Exchanges and Clearing Limited (HKEX) on Tuesday announced that funds raised through initial public offerings (IPOs) in the first half…
There are many disconnects in financial markets. One of them is Japan’s benchmark 10-year bond yield, which currently stands at just 2.7 per cent despite the country’s large public debt burden – more than 240 per cent of economic output. Although Japanese bond yields have risen sharply in the past three years, the 10-year yield…
A large number of mainland Chinese companies hoping to list shares on the Hong Kong stock exchange are anxiously waiting for a nod from the mainland securities regulator, with many now at risk of having their listing applications lapse. More than 430 companies were currently waiting in the initial public offering (IPO) pipeline, according to…
The logo of Hong Kong Exchanges and Clearing Ltd (HKEX) flashes on an electronic board as people walk in front of Exchange Square, which houses HKEX, on April 10, 2026. (SHAMIM ASHRAF / CHINA DAILY) Hong Kong share sales surged to a five-year high in the first half of 2026 as investor enthusiasm around the…
DSC Holdings, a China-based provider of operating systems and transaction services for used car dealers, raised $51 million by offering 3 million ADSs at $17, within the $16 to $18 range. An existing shareholder had indicated on $30 million worth of ADSs in the offering (59% of the deal). DSC Holdings provides digitalization tools…