Hong Kong Stock Exchange

Key Takeaways: New Gonow has received a key regulatory nod to list in Hong Kong, reporting rapidly improving margins as it gains economies of scale The company manufactures recreational vehicles in China for sale in Australia, and aims to eventually expand to North America and Europe By Doug...

Key Takeaways: A new rule that will keep Hong Kong’s stock market open through bad weather events will take effect on Sept. 23 Analysts believe the measure will have limited impact on trading volumes, and say other measures like lowering trading-related taxes will do more to attract...

Key Takeaways: Beijing is rolling out a host of measures to boost economic growth and support sagging stock markets. The policies helped Hong Kong’s Hang Seng jump 4.2% last week, breaking a January losing streak Under a new policy, market valuation will become a performance metric for...

Key Takeaways: Changjiu Holdings, a subsidiary of Changjiu Group, has been expanding its revenues in recent years but profits have been volatile, falling nearly 27% in the first half of this year despite higher turnover Aside from vehicle monitoring, the firm manages dealership operations on...

The Hong Kong stock market experienced a downturn driven by worries about the Chinese economic recovery. Electric vehicle (EV) maker Xpeng Inc. (NYSE:XPEV) bore the brunt of the losses following the Alibaba Group (NYSE:BABA) announcement to sell off a substantial portion of its shares in the...

Hong Kong stocks rallied Friday as the week closed out higher for consumer stocks and EV makers which investors hope will be the beneficiary of a forthcoming government stimulus.   The Hang Seng Index ended the day 2.1% higher at 17,398.73 while China’s CSI 300 Index rose 1.4% to 3,562....

Thursday saw a wave of announcements by companies on the Hong Kong Stock Exchange as in particular property developers and banks react to the Country Garden Holdings Limited (OTC: CTRYF) default on a $15 million interest payment Wednesday. Here are 3 related Hong Kong Stock Exchange announcements...

China’s largest ride-hailing company Didi Global Inc. (OTC: DIDIY) aims to list on the Hong Kong Stock Exchange according to a Bloomberg report Friday. Didi was forced to delist from the New York Stock Exchange last year after it was fined $1.1 billion by Chinese regulators and its OTC...

A total of 38 companies repurchased HK$810 million ($105 million) of their shares on the Hong Kong Stock Exchange Thursday. Two more Hong Kong-listed companies, Yum China Holdings Inc. (NYSE: YUMC) and KE Holdings Inc (NYSE: BEKE), are scheduled to make stock and ADR purchases, respectively, in the...

China International Marine Containers (Group) Co., Ltd. released worse-than-expected unaudited interim 2023 earnings Thursday. The company, which is a proxy for exporters in China, revealed the extent to which macroeconomic pressures have weighed on performance, with all key metrics coming in down...

As Hong Kong markets have sold off hard over the past few months, corporate stock repurchases have surged to an all-time high. On the Hong Kong Stock Exchange alone in September, companies repurchased HK$12.6 billion ($1.6 billion) of their own shares in 800 separate stock repurchase transactions....

3D Medicines Inc. was trading 7.2% higher in the Hong Kong Wednesday morning session at HK$5.53 after the company announced that it is buying back up to 10% of its own stock. 3D Medicines said in a statement that it would buy back up to 25,605,700 shares over the next 12 months. “The...

Shares of Hong Kong property developer China Evergrande Group Limited (OTC: EGRNF) surged after it resumed trading in Hong Kong Tuesday morning, buoyed by speculative bets in an otherwise down market. The company was trading up 15% mid-morning at HK$0.37, after touching highs of HK$0.45 per share...

Key Takeaways: Nicefilm has applied a fourth time to list in Hong Kong, reporting its 2022 profit jumped by 2.5 times, mainly due to strong IP sales  The entertainment company’s profit has been volatile in the past few years due to the hit-and-miss nature of the filmed entertainment...

Key Takeaways: Tuhu has been backed by five established investors including Tencent, Leapmotor and Gotion High-Tech in its public offering starting last Friday The company posted an adjusted profit for the first time in its latest half-year earnings but its Hong Kong shares got a lukewarm response...