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Aileen Chuang
Correspondent, Business
Aileen has reported in Taiwan, Hong Kong and the United States for media organisations such as Loan Pricing Corp, Risk.net, the Associated Press and National Public Radio. She is from Taiwan and holds a master of science degree in journalism from Northwestern University.
Aileen has reported in Taiwan, Hong Kong and the United States for media organisations such as Loan Pricing Corp, Risk.net, the Associated Press and National Public Radio. She is from Taiwan and holds a master of science degree in journalism from Northwestern University.
Areas of Expertise:
Credit, banking and financeLanguages Spoken:
English, Mandarin
HSBC’s historic US$13.6 billion buyout of Hang Seng Bank aims to cut costs, tackle bad debts and fuel growth, but challenges abound.
The shares jump as much as 113.2 per cent to HK$351.80 before ending the day 109.1 per cent higher at HK$345.
HSBC receives strong backing from Hang Seng Bank’s independent shareholders, getting 85.75 per cent of the votes.
Zhipu AI, Iluvatar CoreX and Edge Medical raised US$1.2 billion in their share offerings.
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The Alibaba-backed firm is set to price its 25.4 million shares at HK$165 each, the top end of its marketed range, sources say.
While digital money experiments promise greater efficiency, they also risk deeper fragmentation and regulatory pitfalls, experts warn.
Dubai’s dim sum bond momentum points to investor confidence in China and diversification from the US dollar, says regulator.
Shares leap 82 per cent in debut after retail investors’ demand exceeds supply by 2,347 times.
Deal value is expected to rise, with strategic transactions and overseas ambitions driving momentum.
Debutants raise total of US$899 million as exchange wraps up one of the most active months for IPOs since 2021.
JD.com, CNBM, carmakers and hundreds of other Chinese companies use the hub to reach consumers across Asia, Africa and Europe.
Hong Kong’s AI sector comprises 500 organisations, 290 companies and 183 investors active in finance, healthcare and government services.
The company, which is selling 247.7 million shares between HK$17 and HK$19.60 each, will become the first listing of 2026 on January 2.
The moves will remove the entry barrier for retail investors and prepare the city’s exchange for a single board lot unit structure.
The reforms are meant to boost liquidity and attract high-quality companies, reinforcing the overall competitiveness of the capital markets.
Bondholders will vote on the revised plan from Thursday to Monday, and it requires over 90 per cent of the total voting rights to take effect.
The firm, one of 11 licensed virtual asset trading platforms in Hong Kong, raised US$206 million in the city’s first crypto-native IPO.
Treasury chief Christopher Hui said the government plans to begin CDTA negotiations with Slovenia and Oman early next year.
Hong Kong equity market offers platform for mainland Chinese AI firms seeking international investors amid intensifying domestic competition.
By using the ISO 20022 messaging standard, the partners say they can make tokenised deposits interoperable with legacy systems.
It will be a pivotal year for hi-tech listings, which will help cement Hong Kong’s place at the top of global markets, auditing firm says.
JD.com’s latest Hong Kong investment – a half stake in China Construction Bank Tower – will ease balance sheet pressure at Lai Sun.
Asia-Pacific private equity managers are forecasting higher returns and fewer geopolitical risks than peers elsewhere, a new survey finds.
HashKey could raise around US$300 million this month amid Hong Kong’s push to develop its digital asset sector.
Tokenisation provides value, but the interest of multilevel marketers raises ‘genuine concerns’, forum speaker says.
City’s deep, liquid market and low inflation attract issuers amid a structural shift away from the US dollar, analysts say.
Sixth fundraising this year will aid push into industrial manufacturing, a ‘historic opportunity for humanoid robots’, company says.
‘World’s first’ global-grade AI infrastructure tokenised fund gives investors access to growing demand from Asean: Tykhe and Skyvast.
Tokenisation could increase the efficiency of corporate treasury centres, which help clients manage global finances, market players say.
