Markets & Investing
HK reports lowest-ever Q2 performance in investment and deals
The market reported US$1.3b in closed deals.
HK reports lowest-ever Q2 performance in investment and deals
The market reported US$1.3b in closed deals.
Equity capital market activity rises 6.1% YoY in 1H23
Proceeds likewise rose, increasing 46.2% YoY.
Everbright Water-led consortium bags Jiangyin High-tech Plant development
The engineering, procurement, and construction cost around $41.6m.
Centurion to withdraw listing from HKEX
The company will retain its primary listing on the SGX.
Value Partners to launch strategic investment from GF Securities
It will help them boost business growth.
Retirement anxiety: Less than half fear insufficient funds before retirement
The majority’s goal is to save more money in 2023.
HK's commercial real estate sales climb 15% YoY to US$2.6b in Q1
The city is amongst the only two major markets to post an increase in investment volume.
Commercial real estate volume drops 10% YoY to $12.56b in Q1
Most transactions in Q1 were primarily small mid-sized private capital deals.
7 in 10 HK-based firms eye overseas expansion
Firms cited three key motivators for them to expand.
HKEX launches Swap Connect
The programme will forge connectivity between the capital markets of Hong Kong and China.
DBS Hong Kong launches WMC Northbound scheme
Investors can invest in products from Mainland fund managers using the new scheme.
Specialist tech companies to be included in Hang Seng Family of Indexes
But the Hang Seng Index and Hang Seng China Enterprises Index will not be included.
HKEX income went up 28% YoY in Q1
The profit attributable to shareholders grew to $3.4m in the first quarter of 2023.
Sotheby’s marquee spring series achieved $3.7b
The firm’s exhibition preview wooed nearly 15,500 visitors.
China's ZJLD Group seeks to raise $6.37b in HK IPO
It is offering a total of 490.7 million shares.
HK updates trade agreement with Chile
The updated FTA covers commitments in 50 new service sectors.
Linklaters advises creditors on Sunac China's $80.07b debt restructuring agreement
The agreement allows the company to extend the debt's maturity.