https://www-scmp-com.libproxy1.nus.edu.sg/rss/63828/feed Hong Kong Exchanges and Clearing is the holding company for the city’s stock exchange, futures exchange and clearing company. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www-scmp-com.libproxy1.nus.edu.sg Howard Liu,Coco Feng Howard Liu,Coco Feng Chinese artificial intelligence (AI) chip developer Moore Threads plans to seek a listing in Hong Kong after reporting a 147 per cent jump in first-half revenue, as the Nvidia challenger seeks fresh capital amid booming demand for home-grown computing power. The Shanghai-listed company said on Sunday that its board had approved a plan to issue H shares and list on the main board of the Hong Kong stock exchange, a move designed to deepen the firm’s “international strategic footprint”, attract and... https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3363448/moore-threads-plans-hong-kong-listing-after-posting-147-jump-first-half-revenue?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3363448/moore-threads-plans-hong-kong-listing-after-posting-147-jump-first-half-revenue?utm_source=rss_feed Sun, 09 Aug 2026 11:20:44 +0000 Christine Loh Christine Loh Hong Kong’s first five-year plan will be judged not by how many initiatives it assembles. Instead, it will be judged by whether it explains where the city intends to be by 2030 and how it will get there. The consultation document covers the expected ground. It includes the Northern Metropolis; Hong Kong’s roles as an international financial, trade, maritime and aviation centre; integration with the Greater Bay Area and supporting the Belt and Road Initiative; and social priorities such as... https://www-scmp-com.libproxy1.nus.edu.sg/opinion/hong-kong-opinion/article/3363144/hong-kongs-5-year-plan-needs-ambition-match-beijings-expectations?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/opinion/hong-kong-opinion/article/3363144/hong-kongs-5-year-plan-needs-ambition-match-beijings-expectations?utm_source=rss_feed Sun, 09 Aug 2026 01:30:05 +0000 Judy Xue Judy Xue China’s push for treasury bond futures in Hong Kong has been well received, with brisk trading reflecting strong hedging demand. On the other side of the Pacific, Elon Musk’s aerospace company, SpaceX, has published its first-ever quarterly financial statement as a public entity, offering a glimpse into the company’s future. Here are some of the figures that have drawn the most market attention this week. 3,755 contracts traded on China bond futures launch Hong Kong Exchanges and Clearing rolled... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3363189/hong-kongs-bond-futures-spacex-numbers-moving-markets?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3363189/hong-kongs-bond-futures-spacex-numbers-moving-markets?utm_source=rss_feed Thu, 06 Aug 2026 23:00:09 +0000 Coco Feng,Ben Jiang Coco Feng,Ben Jiang Chinese start-up X Square Robot has filed confidentially for an initial public offering (IPO) in Hong Kong, according to two sources familiar with the matter, joining a growing wave of domestic robot makers flocking to capital markets, despite new US trade restrictions. The Shenzhen-based firm has tapped Huatai Securities and Morgan Stanley as sponsors for the prospective float, one of the sources said. Besides X Square, AgiBot and Galbot have also filed confidentially for Hong Kong IPOs, the... https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-war/article/3363028/chinas-x-square-robot-submits-confidential-filing-hong-kong-ipo-sources-say?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-war/article/3363028/chinas-x-square-robot-submits-confidential-filing-hong-kong-ipo-sources-say?utm_source=rss_feed Wed, 05 Aug 2026 07:22:03 +0000 SCMP Editorial SCMP Editorial The launch of five-year China treasury bond futures in Hong Kong is a major milestone for the city as an international financial centre and for progress towards globalisation of the yuan. The presence of China Securities Regulatory Commission chairman Wu Qing at the launch ceremony at the Hong Kong stock exchange reflects that. Wu said the latest opening of the mainland’s capital market to international investors also enhanced Hong Kong’s bridgehead role between China and the world. It is a... https://www-scmp-com.libproxy1.nus.edu.sg/opinion/comment/article/3362815/hong-kongs-role-yuan-internationalisation-expanding?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/opinion/comment/article/3362815/hong-kongs-role-yuan-internationalisation-expanding?utm_source=rss_feed Mon, 03 Aug 2026 23:15:09 +0000 Enoch Yiu Enoch Yiu Beijing is encouraging mainland China’s financial firms to use the city to go global, as well as urging Hong Kong-listed companies to list on the mainland, the head of the country’s securities regulator said on Monday as China unveiled its first offshore government bond futures. “Mainland financial institutions have been using Hong Kong to go global. There are 103 mainland fund companies, securities and futures firms setting up in Hong Kong. While some of them do not have operations in Beijing,... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3362734/treasury-bond-futures-milestone-boost-hong-kongs-bridgehead-role-csrc-chairman?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3362734/treasury-bond-futures-milestone-boost-hong-kongs-bridgehead-role-csrc-chairman?utm_source=rss_feed Mon, 03 Aug 2026 01:54:24 +0000 Enoch Yiu Enoch Yiu International asset managers, pension funds and insurance companies have shown strong interest in offshore China government bond futures, which are set to start trading in Hong Kong for the first time on Monday, according to senior stock exchange executives. The new 5-year China government bond futures contracts will have a size of 500,000 yuan (US$74,051). Bourse operator Hong Kong Exchanges and Clearing (HKEX) has set a low minimum margin ratio so that investors only need to invest 7,980 yuan... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3362586/global-institutional-investors-eager-trade-chinese-bond-futures-hong-kong-hkex-says?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3362586/global-institutional-investors-eager-trade-chinese-bond-futures-hong-kong-hkex-says?utm_source=rss_feed Mon, 03 Aug 2026 00:00:23 +0000 Daisy Wu,Dake Liu Daisy Wu,Dake Liu Hong Kong’s gold imports are set to maintain an upwards trajectory after crossing the 150-tonne mark in June for the first time in over a decade, driven by renewed investor appetite and the city’s ambition to transform itself into a premier international precious metals trading hub, analysts said. The city’s gross monthly gold imports reached 150.48 tonnes last month, representing a nearly 29 per cent month-on-month surge, according to data released this week by the Census and Statistics... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3362350/trading-hub-ambitions-see-hong-kongs-gold-imports-hit-11-year-high-june?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3362350/trading-hub-ambitions-see-hong-kongs-gold-imports-hit-11-year-high-june?utm_source=rss_feed Thu, 30 Jul 2026 05:27:21 +0000 Zoe SL Chan Zoe SL Chan Zhongji Innolight suffered a rocky start in its highly anticipated Hong Kong stock market debut on Thursday, as the Chinese firm felt the impact of a global downturn in investor sentiment towards the artificial intelligence sector. Shares closed two per cent lower at HK$960 after dropping as much as 10 per cent. The company’s Shenzhen-listed shares slipped 9.15 per cent to 864 yuan, narrowing their discount on the Hong Kong stock market to about four per cent. The Chinese firm – a leading... https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3362321/zhongji-innolight-shares-fall-hong-kong-debut-amid-global-ai-sell?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3362321/zhongji-innolight-shares-fall-hong-kong-debut-amid-global-ai-sell?utm_source=rss_feed Thu, 30 Jul 2026 01:40:00 +0000 Judy Xue Judy Xue Hong Kong’s push to draw Southeast Asian companies and markets into its financing orbit has scored a milestone, with the Malaysian government preparing to list a US$1.5 billion Islamic bond in the international financial centre later this week. The dual listing – sold on Bursa Malaysia and Hong Kong Exchanges and Clearing (HKEX) – marks the first concrete result of a visit to Kuala Lumpur led by Secretary for Financial Services and the Treasury Christopher Hui Ching-yu last week. The offering... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3362099/hong-kongs-asean-charm-offensive-bags-us15-billion-malaysian-bond-listing?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3362099/hong-kongs-asean-charm-offensive-bags-us15-billion-malaysian-bond-listing?utm_source=rss_feed Tue, 28 Jul 2026 08:00:08 +0000 SCMP Editorial SCMP Editorial As part of its listing reforms, Hong Kong Exchanges and Clearing (HKEX) will allow qualified companies, including start-ups, to make confidential filings during the initial public offering (IPO) application process. The move will enhance efficiency and make the IPO market more competitive globally. The overhaul can leverage synergies between the mainland and Hong Kong markets. That will help support long-term growth and market health. Much original work in hi-tech fields involves proprietary... https://www-scmp-com.libproxy1.nus.edu.sg/opinion/comment/article/3361696/hkex-listing-reforms-require-fine-balancing-act-keep-times?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/opinion/comment/article/3361696/hkex-listing-reforms-require-fine-balancing-act-keep-times?utm_source=rss_feed Fri, 24 Jul 2026 23:15:06 +0000 Enoch Yiu Enoch Yiu Stock exchange operator Hong Kong Exchanges and Clearing (HKEX) will allow all listing applications to remain confidential and will reduce market-capitalisation requirements for listings by start-ups and international firms immediately, it announced on Friday. Confirming a report by the South China Morning Post, HKEX will proceed with confidential filing as it proposed in March in its biggest set of listing reforms since 2018. The exchange will also reduce the market-cap requirements for... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3361742/hong-kong-exchanges-biggest-reform-8-years-opens-gates-more-ipos?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3361742/hong-kong-exchanges-biggest-reform-8-years-opens-gates-more-ipos?utm_source=rss_feed Fri, 24 Jul 2026 09:05:16 +0000 Enoch Yiu Enoch Yiu Hong Kong is reaping rewards from a charm offensive with Malaysia as it works to enhance its attractiveness to global fundraising activities, with deals reached on Thursday during a visit to the Southeast Asian country by the city’s financial services secretary. Bursa Malaysia will become the 21st stock exchange recognised by the city’s bourse operator Hong Kong Exchanges and Clearing (HKEX), clearing the way for Malaysia-listed companies to pursue secondary listings in Hong Kong, according to... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3361613/path-opened-malaysian-firms-pursue-secondary-share-listings-hong-kong?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3361613/path-opened-malaysian-firms-pursue-secondary-share-listings-hong-kong?utm_source=rss_feed Thu, 23 Jul 2026 11:00:13 +0000 Zoe SL Chan Zoe SL Chan Zhongji Innolight has attracted more than 30 cornerstone investors for its blockbuster initial public offering in Hong Kong, which could become the city’s biggest listing in seven years, according to people familiar with the matter. The Chinese maker of optical transceivers – which are widely used in artificial intelligence data centres – has already seen nearly half the base share offering for its IPO snapped up by major international and long-only funds including BlackRock, Temasek Holdings... https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3361377/zhongji-innolight-aims-hong-kongs-biggest-ipo-7-years-us8b-sale?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3361377/zhongji-innolight-aims-hong-kongs-biggest-ipo-7-years-us8b-sale?utm_source=rss_feed Tue, 21 Jul 2026 12:46:13 +0000 Enoch Yiu Enoch Yiu Hong Kong Exchanges and Clearing (HKEX) would proceed with its listing reform to allow confidential filings and a lower market capitalisation requirement, as part of the exchange operator’s plan to increase its international competitiveness, two sources told the South China Morning Post. The move would be a result of the exchange’s months-long consultations with market participants that began in March, and was expected to be announced by the end of this month, the sources said. “The exchange... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3361277/hkex-allow-confidential-filings-lower-market-cap-threshold-start-ups-sources-say?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3361277/hkex-allow-confidential-filings-lower-market-cap-threshold-start-ups-sources-say?utm_source=rss_feed Tue, 21 Jul 2026 02:30:21 +0000 Enoch Yiu Enoch Yiu Bourse operator Hong Kong Exchanges and Clearing (HKEX) is considering extending trading hours to align with moves by global peers and sharpen the city’s competitiveness as an international financial centre. HKEX and the Securities and Futures Commission (SFC) confirmed that they were discussing the matter, but did not give details. The discussion was in an early stage and options included extending the afternoon close to 5pm or even 8pm, two separate sources told the South China Morning Post.... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3361218/hong-kong-bourse-operator-weighs-longer-trading-hours-sharpen-hub-edge-sources-say?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3361218/hong-kong-bourse-operator-weighs-longer-trading-hours-sharpen-hub-edge-sources-say?utm_source=rss_feed Mon, 20 Jul 2026 10:00:07 +0000 Yulu Ao Yulu Ao Zhang Yichen is chairman and CEO of Citic Capital Holdings, one of the leading players in China’s capital market, and the chairman of Trustar Capital. He heads several companies, including the McDonald’s master franchise business in mainland China and Hong Kong, as well as Harbin Pharmaceutical Group. He also sits on the board of the Hong Kong Exchanges and Clearing (HKEX) as an independent non-executive director. In this interview, conducted during the “two sessions” – the annual meetings of... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3360938/why-buyout-funds-not-ipos-may-define-chinas-next-capital-market-cycle-zhang-yichen?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3360938/why-buyout-funds-not-ipos-may-define-chinas-next-capital-market-cycle-zhang-yichen?utm_source=rss_feed Sun, 19 Jul 2026 22:00:06 +0000 Zoe SL Chan,Coco Feng Zoe SL Chan,Coco Feng Online fast-fashion giant Shein has cleared its listing hearing with the Hong Kong stock exchange, according to people familiar with the matter, bringing it a step closer to an initial public offering (IPO) after attempts to float in New York and London stalled. The Singapore-headquartered company, founded in China, attended its listing hearing with Hong Kong Exchanges and Clearing (HKEX) on Thursday, sources said. Zhongji Innolight, a leading Chinese optical module manufacturer with a market... https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3360940/shein-passes-hearing-hong-kong-listing-valuation-halves-below-us50b-sources-say?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3360940/shein-passes-hearing-hong-kong-listing-valuation-halves-below-us50b-sources-say?utm_source=rss_feed Fri, 17 Jul 2026 08:34:19 +0000 Enoch Yiu Enoch Yiu Investor appetite for artificial intelligence and semiconductor plays will continue to drive fast growth in Hong Kong’s exchange-traded products (ETP) market in the second half of the year, strengthening the city’s wealth management industry, according to a director of Hong Kong Exchanges and Clearing (HKEX). “Hong Kong has already risen to become the fourth largest ETP market worldwide, after reporting a record of rapid development over the past decade,” said Ding Chen, an independent director... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3360867/ai-chip-boom-lifting-hong-kongs-etp-market-new-heights-hkex-director?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3360867/ai-chip-boom-lifting-hong-kongs-etp-market-new-heights-hkex-director?utm_source=rss_feed Fri, 17 Jul 2026 03:00:41 +0000 Zoe SL Chan Zoe SL Chan The Hong Kong stock exchange has returned an IPO application sponsored by China’s leading investment bank, sending a strong signal of increased scrutiny. The listing application for Inner Mongolia Xingye Silver & Tin Mining, which is already listed on the A-share market in Shenzhen, was returned by Hong Kong Exchanges & Clearing (HKEX) on June 22, according to information released by the exchange operator on Thursday. It was the first initial public offering application to be returned in Hong... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3360855/hong-kong-exchange-returns-ipo-application-sponsored-top-chinese-investment-bank?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3360855/hong-kong-exchange-returns-ipo-application-sponsored-top-chinese-investment-bank?utm_source=rss_feed Fri, 17 Jul 2026 01:04:41 +0000 Zoe SL Chan Zoe SL Chan Wall Street investment bank Goldman Sachs has cast a vote of confidence in Hong Kong’s financial future by reaffirming its buy rating for Hong Kong Exchanges and Clearing (HKEX), as Beijing ramps up policy support to cement the city’s status as an international financial centre. Analysts Thomas Wang and Simone Chen said in a research note on Wednesday they saw “multiple tailwinds to ADT [average daily turnover] and revenue growth” in the second half of this year. The move comes amid weak share... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3360753/goldman-sachs-backs-hkex-buy-rating-citing-beijings-policy-support-ai-stock-boost?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3360753/goldman-sachs-backs-hkex-buy-rating-citing-beijings-policy-support-ai-stock-boost?utm_source=rss_feed Thu, 16 Jul 2026 04:21:27 +0000 Themis Qi Themis Qi Hong Kong’s auditing watchdog has vowed to strengthen inspections of newly listed companies as a surge in initial public offerings raises concerns about the quality of financial reporting. The Accounting and Financial Reporting Council (AFRC), the city’s independent accounting regulator, said evaluating the financial reporting of new public companies – specifically those that had completed or would complete new share issuance within a one-year window – was among its priorities for the current... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3360532/ipos-surge-hong-kongs-audit-regulator-vows-tougher-scrutiny?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3360532/ipos-surge-hong-kongs-audit-regulator-vows-tougher-scrutiny?utm_source=rss_feed Tue, 14 Jul 2026 10:30:13 +0000 Enoch Yiu Enoch Yiu Brokers expect HSBC Holdings, a staple in the portfolios of Hongkongers, to see a large increase in interest from both local and international investors, as the stock’s minimum trading unit is set to change as part of the stock exchange’s board-lot reform process. Investors have long sought the change for the stock – known as a “widow and orphan” stock, as it pays a high dividend while bearing low risk – because its 400-share lot put it out of reach for many. At that level, retail investors had... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3360270/are-hsbc-shares-set-turnover-bump-owing-hong-kongs-board-lot-reform?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3360270/are-hsbc-shares-set-turnover-bump-owing-hong-kongs-board-lot-reform?utm_source=rss_feed Mon, 13 Jul 2026 00:30:13 +0000 Julie Zhang Julie Zhang The Hong Kong stock exchange is drawing a growing number of foreign companies from across Asia and North America that are seeking international capital, as the bourse marks progress in its ambition to be a global magnet for fundraising. The latest firm seeking to join the cohort is Kazakhstan Temir Zholy, the Central Asian nation’s railway operator and owner of the country’s largest fleet of locomotives and rolling stock, which filed for a Hong Kong listing on June 30, according to bourse... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3360049/hong-kong-exchange-marks-progress-luring-more-listings-abroad?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3360049/hong-kong-exchange-marks-progress-luring-more-listings-abroad?utm_source=rss_feed Fri, 10 Jul 2026 02:30:07 +0000 Zoe SL Chan Zoe SL Chan The streak of strong returns in the Hong Kong initial public offering (IPO) market has ended, as smaller companies face a liquidity squeeze and the broader market chases mega-deals like Zhipu AI instead. Of the 13 IPOs that debuted this week, five broke below their issue prices on day one, including Luxshare, one of Apple’s largest suppliers, which dropped more than 9 per cent to close at HK$57.35 per share on Thursday. Both Rigol Technologies, an electronic measurement instrument supplier, and... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3359991/small-cap-ipos-struggle-hong-kong-amid-lack-ai-megadeals?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3359991/small-cap-ipos-struggle-hong-kong-amid-lack-ai-megadeals?utm_source=rss_feed Thu, 09 Jul 2026 09:22:37 +0000 Themis Qi,Zoe SL Chan Themis Qi,Zoe SL Chan Hong Kong witnessed a rare delay of an initial public offering (IPO) debut on Wednesday, the first in more than eight months, triggered by a regulatory requirement for additional client information, according to people familiar with the matter. On Tuesday night, just before its scheduled listing on Wednesday, DKE Holding Company postponed its IPO ceremony after it failed to provide investors with an offer price and results of its bookbuilding. The maker of e-paper display modules said more time... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3359860/hong-kong-ipo-debut-delayed-rare-move-over-missing-regulatory-data?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3359860/hong-kong-ipo-debut-delayed-rare-move-over-missing-regulatory-data?utm_source=rss_feed Wed, 08 Jul 2026 10:00:42 +0000 Enoch Yiu Enoch Yiu Hong Kong will substantially increase its yuan facilities for banks from this Friday, while the city will also introduce a new electronic fixed income and currency (FIC) trading system as part of its latest efforts to promote yuan trading, according to local market regulators on Tuesday. Hong Kong Monetary Authority (HKMA) would increase the quota of its RMB Business Facility for banks by 1.5 times to 500 billion yuan (US$73.6 billion) from this Friday, according to its chief executive Eddie Yue... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3359730/hong-kong-yuan-facility-expand-150-us736-billion-meet-international-demand?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3359730/hong-kong-yuan-facility-expand-150-us736-billion-meet-international-demand?utm_source=rss_feed Tue, 07 Jul 2026 09:17:51 +0000 Enoch Yiu,Daisy Wu Enoch Yiu,Daisy Wu Mainland China’s foreign reserves would continue to increase asset allocation in Hong Kong, providing further momentum to the city’s capital market development, the governor of the People’s Bank of China (PBOC) said on Tuesday. Speaking at the Hong Kong FIC & Bond Connect Summit, Pan Gongsheng unveiled several substantial policy enhancements, including a 60 per cent hike in the investment quota for Bond Connect’s southbound segment, alongside measures to expand investment channels and diversify... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3359655/more-mainland-china-forex-reserve-investment-give-vitality-hong-kong-pboc-chief?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3359655/more-mainland-china-forex-reserve-investment-give-vitality-hong-kong-pboc-chief?utm_source=rss_feed Tue, 07 Jul 2026 01:26:07 +0000 Enoch Yiu,Julie Zhang,Wynna Wong Enoch Yiu,Julie Zhang,Wynna Wong Hong Kong inaugurated the trial operation of a gold clearing and settlement system on Tuesday, a step towards building the city into a trading hub and price-setter for the precious metal. The decision was announced at the Hong Kong FIC & Bond Connect Summit by Chief Executive John Lee Ka-chiu, who hailed it as a “milestone”. “The government-owned Hong Kong Precious Metals Central Clearing [Company] will offer a comprehensive suite of services ranging from gold deposits and withdrawals to... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3359651/hong-kongs-gold-clearing-and-settlement-firm-joins-shanghai-exchange?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3359651/hong-kongs-gold-clearing-and-settlement-firm-joins-shanghai-exchange?utm_source=rss_feed Tue, 07 Jul 2026 00:30:17 +0000 Zhu Wenqian Zhu Wenqian Hong Kong’s gold futures trading has surged on the back of a fee waiver and as the city government presses ahead with plans to become an international trading hub for the precious metal, with volumes breaking a record on Monday. A total of 6,676 US dollar gold futures contracts were traded during the day session, surpassing the previous high of 3,039 contracts recorded in November 2022, Hong Kong Exchanges and Clearing (HKEX) said in a LinkedIn post on Monday. Bid-ask spreads for active contract... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3359627/hong-kong-us-dollar-gold-futures-trading-hits-record-high-ahead-clearing-system-launch?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3359627/hong-kong-us-dollar-gold-futures-trading-hits-record-high-ahead-clearing-system-launch?utm_source=rss_feed Mon, 06 Jul 2026 12:36:46 +0000 Enoch Yiu Enoch Yiu Hong Kong’s pension fund will soon be able to invest in more gold exchange-traded funds (ETFs) as part of the government’s push to turn the city into a trading hub for the precious metal, a source with knowledge of the matter told the South China Morning Post. The Mandatory Provident Fund Schemes Authority (MPFA), which oversaw HK$1.53 trillion (US$195 billion) worth of pension funds as of the end of March, planned to amend the rules about gold ETF investment later this week, the person... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3359494/hong-kong-pension-fund-ease-rules-and-increase-gold-etfs-says-source?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3359494/hong-kong-pension-fund-ease-rules-and-increase-gold-etfs-says-source?utm_source=rss_feed Mon, 06 Jul 2026 02:00:27 +0000 Ben Jiang Ben Jiang Chinese short video giant Kuaishou said on Thursday evening that its artificial intelligence video arm, Kling AI, was seeking to raise around US$3 billion in its first external fundraising round, according to a filing to Hong Kong Exchanges and Clearing. The funding round, first reported by the South China Morning Post on Wednesday, was backed by a long list of investors, spanning Chinese technology heavyweights, state-backed investment vehicles and entertainment industry participants. Baidu,... https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3359250/kuaishou-files-us3-billion-kling-ai-funding-round-hong-kong-stock-exchange?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3359250/kuaishou-files-us3-billion-kling-ai-funding-round-hong-kong-stock-exchange?utm_source=rss_feed Fri, 03 Jul 2026 03:31:38 +0000 Enoch Yiu,Julie Zhang Enoch Yiu,Julie Zhang Hong Kong will launch a long-awaited gold clearing and settlement system next week, making a giant stride towards being an international price-setter for the precious metal, according to two sources with knowledge of the matter. Authorities plan to process the first gold settlement through the new system on Tuesday, after deal-making data was expected to be input into the system on Monday, two separate sources told the South China Morning Post. “We have seen a lot of gold leave London, the US... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3359239/hong-kong-launch-long-awaited-gold-clearing-and-settlement-system-next-week-sources?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3359239/hong-kong-launch-long-awaited-gold-clearing-and-settlement-system-next-week-sources?utm_source=rss_feed Fri, 03 Jul 2026 02:21:12 +0000 Fiona Sun Fiona Sun An independent legal group has proposed that Beijing designate Hong Kong as the country’s “space finance capital”, positioning the city as a gateway for commercial development of the sector under the national five-year plan. The Asian Academy of International Law also proposed in policy papers issued on Thursday that Hong Kong should enact a space asset registration and finance ordinance to provide legal certainty for the financing of such assets. The group pointed to Hong Kong’s key strengths... https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/hong-kong-economy/article/3359194/make-hong-kong-chinas-space-finance-capital-legal-group-urges-beijing?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/hong-kong-economy/article/3359194/make-hong-kong-chinas-space-finance-capital-legal-group-urges-beijing?utm_source=rss_feed Thu, 02 Jul 2026 10:57:38 +0000 Zoe SL Chan Zoe SL Chan 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 data from bourse operator Hong Kong Exchanges and Clearing (HKEX). More than 30, including mainland supermarket chain Qiandama and Eve Energy, a... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3359108/clogged-pipeline-many-hong-kong-ipo-hopefuls-near-application-expiration?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3359108/clogged-pipeline-many-hong-kong-ipo-hopefuls-near-application-expiration?utm_source=rss_feed Thu, 02 Jul 2026 08:00:14 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks have trailed other major global markets in the first half of the year, a trend analysts said could persist as sluggish consumer spending weighs on Chinese internet platforms and an entrenched AI trade risks widening the performance gap. A glut of stocks from the expiry of IPO lock-up periods could pose a further threat this quarter, prompting the city’s exchange to respond quickly with countervailing measures. These included lowering trading barriers for individual investors, a... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3359046/can-hong-kong-absorb-us100-billion-newly-tradable-shares-amid-global-ai-boom?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3359046/can-hong-kong-absorb-us100-billion-newly-tradable-shares-amid-global-ai-boom?utm_source=rss_feed Thu, 02 Jul 2026 00:30:13 +0000 Daisy Wu Daisy Wu The way European banks fund themselves is quietly shifting. Geopolitical fragmentation, rising financing costs and increasingly unstable global energy supplies are pushing lenders to look beyond their traditional capital markets. And Hong Kong, which central and eastern European institutions rarely access directly, is emerging as a powerful alternative. OTP Bank, Hungary’s biggest lender, is one such bank that has given a vote of confidence to the city. The Budapest-based bank has become the... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3358853/otp-gives-hong-kong-vote-confidence-european-banks-look-east?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3358853/otp-gives-hong-kong-vote-confidence-european-banks-look-east?utm_source=rss_feed Tue, 30 Jun 2026 08:00:06 +0000 Julie Zhang Julie Zhang Hong Kong has surrendered its IPO fundraising crown to Nasdaq following SpaceX’s blockbuster listing earlier this month, but it did so while seeing its IPO proceeds register a year-on-year rise of about 84 per cent in the first half of 2026 – consolidating the region’s position as a primary offshore financial hub for Chinese issuers. A total of 83 companies raised US$26.42 billion on the Hong Kong stock exchange’s main board from January to June, according to LSEG Data & Analytics. The figure,... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3358823/hong-kong-ipos-ride-chinas-tech-wave-nasdaq-leads-way-spacex-tsunami?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3358823/hong-kong-ipos-ride-chinas-tech-wave-nasdaq-leads-way-spacex-tsunami?utm_source=rss_feed Tue, 30 Jun 2026 02:00:09 +0000 Lee Hill-choi Lee Hill-choi After a stand-out IPO year, Hong Kong Exchanges and Clearing Limited (HKEX) is betting that finessing the mechanics of a trade – the clearing, settlement and collateral – will keep issuers and investors of all kinds coming back. At the heart of that bet is an ambitious plan to build what Financial Secretary Paul Chan Mo-po has called an infrastructure to “facilitate cross‑product and cross‑boundary collateral connectivity” between the mainland Chinese and Hong Kong markets. Chan’s 2026-27... https://www-scmp-com.libproxy1.nus.edu.sg/special-reports/article/3358718/2026-27-budget-pushing-hkexs-expansion-cross-border-trading?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/special-reports/article/3358718/2026-27-budget-pushing-hkexs-expansion-cross-border-trading?utm_source=rss_feed Mon, 29 Jun 2026 06:30:06 +0000 Peter Shadbolt Peter Shadbolt As fundraising by mainland Chinese companies strengthens capital flows, Hong Kong is again demonstrating its value as a bridge between China and the rest of the world. Yet while the IPO revival has captured most of the headlines, HKEX is pursuing a broader ambition: evolving from a stock exchange operating in a traditional way into a multi-asset marketplace offering investors a growing range of investment, connectivity and risk-management tools. Over the past year, the exchange has introduced a... https://www-scmp-com.libproxy1.nus.edu.sg/special-reports/article/3358697/looking-beyond-ipos-build-broader-investment-ecosystem-hong-kong?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/special-reports/article/3358697/looking-beyond-ipos-build-broader-investment-ecosystem-hong-kong?utm_source=rss_feed Mon, 29 Jun 2026 05:30:05 +0000 Themis Qi Themis Qi Hong Kong is seizing every opportunity to consolidate its role as a global financial centre, leveraging unique advantages and national strategies. In the third piece of our miniseries focusing on the city’s financial industry ahead of the handover anniversary, we examine the likelihood of attainable measures, such as a “Reit Connect”, being granted. As Hong Kong marks the 29th anniversary of the handover, the city’s finance sector is again watching closely for policy “gifts” from Beijing to... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3358638/beijings-handover-anniversary-policy-gift-hong-kong-it-could-be-reit-connect?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3358638/beijings-handover-anniversary-policy-gift-hong-kong-it-could-be-reit-connect?utm_source=rss_feed Mon, 29 Jun 2026 01:00:10 +0000 Daisy Wu Daisy Wu Hong Kong is pressing ahead with an overhaul of listing rules and the launch of new product initiatives, the city’s deputy finance chief said on Friday as the bourse operator marked 26 years as a publicly traded company. Speaking at the anniversary ceremony of Hong Kong Exchanges and Clearing (HKEX), Deputy Financial Secretary Michael Wong Wai-lun outlined reforms under review, including optimising weighted voting rights, easing secondary listings by overseas issuers, and expanding flexibility... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3358546/growth-agenda-hong-kong-vows-stronger-exchange-reforms-bond-futures-and-gold-push?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3358546/growth-agenda-hong-kong-vows-stronger-exchange-reforms-bond-futures-and-gold-push?utm_source=rss_feed Sat, 27 Jun 2026 00:00:14 +0000 Ellis Ng Ellis Ng Tech pioneers in China and Hong Kong are finding new growth opportunities on HKEX, as reforms help to broaden listing options for tech equity and attract firms with high-growth potential to its bourse. The strategy is clearly paying off. Total IPO proceeds on HKEX reached HK$280 billion (US$35.7 billion) in 2025, surpassing the HK$200 billion (US$25.5 billion) mark for the first time in four years. The result also saw the exchange overtake the New York Stock Exchange and India’s bourses to rank... https://www-scmp-com.libproxy1.nus.edu.sg/special-reports/article/3358449/tech-pioneers-keen-hong-kong-ipos-thanks-revamped-listing-rules?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/special-reports/article/3358449/tech-pioneers-keen-hong-kong-ipos-thanks-revamped-listing-rules?utm_source=rss_feed Fri, 26 Jun 2026 08:00:14 +0000 Themis Qi Themis Qi Hong Kong Exchanges and Clearing (HKEX) is expanding into the index business with plans to launch more proprietary benchmarks and related investment products, as traditional market gauges have lagged regional peers during the artificial intelligence-driven technology rally. The operator of Hong Kong’s stock exchange will debut the first exchange-traded fund (ETF) tracking its HKEX Tech 100 Index on Friday. The index, launched on December 9, tracks the 100 largest technology companies listed in... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3358375/hkex-pushes-deeper-index-business-ai-reshapes-hong-kong-market?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3358375/hkex-pushes-deeper-index-business-ai-reshapes-hong-kong-market?utm_source=rss_feed Thu, 25 Jun 2026 22:00:18 +0000 Zoe Chen Zoe Chen Circuit Fabology Microelectronics Equipment (CFMEE), a Chinese lithography and integrated-circuit manufacturer, has seen massive oversubscription in Hong Kong, as investors aggressively chase high-growth technology trends. The company, based in Hefei, capital of Anhui province in central China, is scheduled to debut on Friday and saw its initial public offering oversubscribed 1,009 times, according to industry sources. It is priced at the top end at HK$252.73 per share, as the market eagerly... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3358307/chinese-pcb-equipment-maker-cfmee-tops-1000-times-oversubscription-hong-kong-ipo?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3358307/chinese-pcb-equipment-maker-cfmee-tops-1000-times-oversubscription-hong-kong-ipo?utm_source=rss_feed Thu, 25 Jun 2026 07:00:09 +0000 Iris Deng Iris Deng Luxshare Precision Industry, a key player in Apple’s AirPods and iPhone supply chains, passed a listing hearing for Hong Kong Exchanges and Clearing (HKEX), joining a wave of mainland Chinese technology manufacturing giants seeking diversified capital in the city. The Shenzhen-listed firm cleared the regulatory hurdle for a Hong Kong listing on Tuesday, days after receiving the green light from the China Securities Regulatory Commission for the offshore plan. The deal counts Citic Securities,... https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3358183/apple-supplier-luxshare-precision-industry-passes-hearing-hong-kong-listing?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3358183/apple-supplier-luxshare-precision-industry-passes-hearing-hong-kong-listing?utm_source=rss_feed Wed, 24 Jun 2026 07:30:26 +0000 Iris Deng Iris Deng Two major players in China’s multilayer ceramic capacitor (MLCC) supply chain are seeking Hong Kong listings, betting that a global surge in demand for the tiny electronic components powering artificial intelligence infrastructure will continue to fuel growth. Chaozhou Three-Circle, one of China’s largest MLCC manufacturers and already listed in Shenzhen, passed its listing hearing at Hong Kong Exchanges and Clearing (HKEX) last week ahead of an initial public offering sponsored by China Galaxy... https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3357912/chinas-mlcc-suppliers-eye-hong-kong-capital-ai-reshapes-electronics-supply-chains?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3357912/chinas-mlcc-suppliers-eye-hong-kong-capital-ai-reshapes-electronics-supply-chains?utm_source=rss_feed Mon, 22 Jun 2026 08:30:24 +0000 Zhang Shidong Zhang Shidong Hong Kong is aiming for an August launch date to open the trading of Chinese treasury futures, a long-anticipated move as Beijing attempts to strengthen the city’s status as a global hub for the offshore yuan and internationalise its currency. Trading for futures contracts on the five-year government bonds would commence on August 3 on the Hong Kong stock exchange, the Securities and Futures Commission (SFC) and Hong Kong Exchanges and Clearing (HKEX) said in separate statements on Thursday.... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3357568/hong-kong-sets-august-debut-long-awaited-offshore-yuan-bond-futures?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3357568/hong-kong-sets-august-debut-long-awaited-offshore-yuan-bond-futures?utm_source=rss_feed Thu, 18 Jun 2026 09:23:23 +0000 Daniel Ren Daniel Ren Global investors remain committed to Chinese technology companies despite concerns that SpaceX’s record-breaking initial public offering (IPO) could drain liquidity from Asian markets, according to Hong Kong Exchanges and Clearing (HKEX) CEO Bonnie Chan Yiting. Speaking at the Lujiazui Forum in Shanghai on Wednesday, Chan said international institutions continued to view Asia – and China in particular – as a priority investment destination even after Elon Musk’s commercial space company raised a... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3357483/global-investors-remain-chinas-orbit-despite-spacex-blockbuster-ipo-hkex-chief?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3357483/global-investors-remain-chinas-orbit-despite-spacex-blockbuster-ipo-hkex-chief?utm_source=rss_feed Thu, 18 Jun 2026 00:14:37 +0000 Enoch Yiu Enoch Yiu The Chamber of Hong Kong Listed Companies (CHKLC) is urging Hong Kong to further lower the bar for innovative companies to go public in the city, so as to encourage more technology firms to raise funds here, according to the chamber’s chairman. The Hong Kong Exchanges and Clearing (HKEX) unveiled its biggest listing reforms since 2018 in March, expanding the scope of businesses eligible for listing under a weighted-voting rights regime and redefining its classification for innovative companies,... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3357063/lower-bar-entry-innovative-companies-list-hong-kong-says-chamber?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3357063/lower-bar-entry-innovative-companies-list-hong-kong-says-chamber?utm_source=rss_feed Sun, 14 Jun 2026 23:00:17 +0000