Hong Kong Stock Exchange

Key Takeaways: China’s securities regulator said it has received an application from Majestic Ideal Holdings for a U.S. listing The notice could indicate a 2-year-old pause in new U.S. listings by Chinese companies could end soon, potentially unleashing billions of dollars in new IPOs By...

Key Takeaways: The loss warning came after JF Wealth’s earnings were hit by share-based compensation expenses, falling revenue and rising operating costs The company is struggling to maintain its paying user base and is facing rising refund requests By Emily Chan As a company in the...

Key Takeaways: Baiwang, which has just applied to list in Hong Kong, lost nearly 1 billion yuan over the last three years and is grappling with negative cash flows from operating and investing activities The company has been branching out into loan facilitation in recent years but profits are...

Key Takeaways: WuXi XDC has filed for a Hong Kong IPO, calling itself the world’s second largest provider of contract services for bioconjugates such as antibody drug conjugates (ADCs) The global market ADC drugs is expected to grow by 30% annually between 2022 and 2030 By Molly Wen The...

Key Takeaways: Fitness app operator Keep’s IPO shares debuted with a small gain after pricing at the bottom of an unusually wide range The company’s revenue growth has slowed over the last four years as it reins in promotional spending to try to become profitable By Warren Yang Keep...

Key Takeaways: Freshippo’s announcement of 12 new stores may represent an acceleration of shop openings in the run-up to its Hong Kong IPO The company’s focus on online orders delivers higher revenue-per-store than its peers, but also carries higher costs for its own delivery fleet By...

Key Takeaways: J&T Global Express has lost money for the last three years as it files to list in Hong Kong The company is hoping to take its business to the next level by expanding rapidly both overseas and in China By Yi Xi Disruptor or merely a bothersome troublemaker? J&T Global...

Key Takeaways: Dmall’s revenue growth slowed sharply in the first quarter, and probably would have contracted without its founder’s strong business ties The provider of cloud-based services for traditional retailers and e-commerce companies said it expects to break even next year By...

Key Takeaways: Cirrus Aircraft’s revenue and profit have been rising over the past three years, but the company slightly lags its peers on profit margin Battling high costs, the company is seeking funds to improve production capacity and efficiency By Ken Lo China celebrated an aviation...

Key Takeaways: 24 Hong Kong-listed stocks have been approved for trading using mainland China’s yuan for their Hong Kong dollar-denominated listings starting June 19 Hong Kong is providing strong support for the scheme, but the biggest boost could come if mainland investors can use it...

Alibaba Group Holding Limited (NYSE: BABA) and other U.S.-listed Chinese stocks could convert their secondary listings in Hong Kong to primary, Bloomberg reported on Wednesday, citing the bourse operator's chief executive. What Happened:  Since dual-listed...

Shares of U.S.-listed Chinese tech companies tumbled in Hong Kong on Monday and dragged the benchmark Hang Seng Index sharply lower for a second straight day amid worries about a growing COVID-19 outbreak in China.   Stock Movement (+/-) Xpeng Inc. (NYSE: XPEV) -16.9% Li Auto Inc. (...

Shares of Chinese companies - Li Auto Inc. (NASDAQ: LI), Xpeng Inc. (NYSE: XPEV), JD.com Inc. (NASDAQ: JD) and Baidu Inc. (NASDAQ: BIDU) - are all trading higher in Hong Kong on Friday, while Alibaba Group Holding Limited (NYSE: BABA) is trading lower. What’s Moving: Chinese e-commerce giant...

As Apple Inc. (NASDAQ: AAPL) gears up for its September 15 event, fans of the iDevice company can expect a spotlight on the Apple Watch Series 6; new iPads; and the rumored Apple One subscription bundle. Those eager to learn more about the iPhone 12 — patience. There's ...

Markets in Asia and Europe opened the year 2020 on a positive note after the previous year proved to be politically turbulent. The U.S. futures too pointed towards a positive open on Thursday. What Happened People's Bank of China gave global investors reasons to cheer at the start of the year...