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-v2.i-scmp.com/production/static/img/icons/scmp-meta-1200x630.png https://www-scmp-com.libproxy1.nus.edu.sg Daisy Wu Daisy Wu Hong Kong is broadening its equity markets, deepening its offshore yuan business and expanding further into gold trading under its first five-year plan for economic and social development, as the city seeks to defend its standing as Asia’s top financial centre and close the gap with London. Unveiled on Wednesday by Chief Executive John Lee Ka-chiu alongside his 2026 policy address, the blueprint outlines a package of financial plans to “consolidate and enhance Hong Kong’s status as an... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3367816/how-hong-kongs-new-5-year-plan-courts-global-capital-eye-market-dominance?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3367816/how-hong-kongs-new-5-year-plan-courts-global-capital-eye-market-dominance?utm_source=rss_feed Thu, 17 Sep 2026 07:00:09 +0000 Zoe SL Chan Zoe SL Chan Hong Kong aims to adjust listing rules to grab a share of initial public offerings by mainland China’s space companies, in line with Beijing’s priorities and heightened activity in the sector following the blockbuster June listing by Elon Musk’s SpaceX. That could lead to more head-to-head competition between the Hong Kong stock exchange and the Shanghai Stock Exchange, which is now drawing a majority of applications, including commercial space launch providers and reusable rocket makers CAS... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3367810/hong-kong-support-rocket-satellite-ipos-spacex-led-sector-takes?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3367810/hong-kong-support-rocket-satellite-ipos-spacex-led-sector-takes?utm_source=rss_feed Thu, 17 Sep 2026 05:00:07 +0000 Connor Mycroft Connor Mycroft Hong Kong Chief Executive John Lee Ka-chiu has placed deepening integration with mainland China and developing new economic engines centre stage as he unveiled the city’s first-ever five-year plan alongside the last policy address of his term. During his landmark speech on Wednesday, which ran just one minute shy of three hours, Lee laid out how the city’s first five-year plan would align the city more closely with the national development blueprint, while the policy address would serve as the... https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/politics/article/3367706/14-key-takeaways-john-lees-policy-address-hong-kongs-first-5-year-plan?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/politics/article/3367706/14-key-takeaways-john-lees-policy-address-hong-kongs-first-5-year-plan?utm_source=rss_feed Wed, 16 Sep 2026 09:37:58 +0000 Zoe SL Chan Zoe SL Chan Securities regulators in Hong Kong and mainland China are doubling down on efforts to raise the quality of Hong Kong initial public offerings (IPOs), which could slow the flow of new listings but would not reduce underlying demand, according to analysts. In an unusual move, the China Securities Regulatory Commission recently asked nine mainland companies, which had already been pre-approved for listings, to provide supplementary materials detailing fund usage, shareholding structures and pending... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3367616/tighter-scrutiny-hong-kong-ipos-could-slow-deal-flow-analysts-say?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3367616/tighter-scrutiny-hong-kong-ipos-could-slow-deal-flow-analysts-say?utm_source=rss_feed Tue, 15 Sep 2026 13:00:06 +0000 Enoch Yiu Enoch Yiu Hong Kong’s stock market is facing renewed pressure to accelerate its review of longer trading hours after South Korea’s main bourse extended its session by four hours on Monday, according to an industry player. The Korea Exchange, South Korea’s bourse operator, launched a real-time after-market from 4pm to 8pm in addition to regular trading from 9am to 3.30pm. It also signalled ambitions to expand to nearly 24-hour trading, following similar plans by Nasdaq and the London Stock Exchange. The... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3367433/hong-kong-faces-pressure-speed-trading-hours-review-after-south-koreas-move?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3367433/hong-kong-faces-pressure-speed-trading-hours-review-after-south-koreas-move?utm_source=rss_feed Mon, 14 Sep 2026 08:08:24 +0000 Zoe SL Chan Zoe SL Chan Yuen Kee Food Group, the owner of well-known restaurant brand Yuen Kee Dumpling, has cleared its listing hearing with the Hong Kong Exchanges and Clearing (HKEX), aiming to raise between HK$300 million (US$38.3 million) and HK$400 million, according to people familiar with the matter. The conclusion of the hearing marked its initial public offering (IPO) plan entering its final stage, and the company planned to kick off the offering in October, the sources said, who asked not to be named because... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3367133/yuen-kee-food-enters-final-stage-hong-kong-ipo-after-hkex-approval-sources-say?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3367133/yuen-kee-food-enters-final-stage-hong-kong-ipo-after-hkex-approval-sources-say?utm_source=rss_feed Fri, 11 Sep 2026 03:12:21 +0000 Enoch Yiu Enoch Yiu Hong Kong’s Securities and Futures Commission (SFC) has directed the stock exchange to suspend trading of US-based biotech firm Cloudbreak Pharma pending an investigation into its US$78 million initial public offering (IPO) last year. “The SFC has serious concerns that Cloudbreak’s initial public offering may have been rigged to create an artificial impression of demand for Cloudbreak’s shares,” the SFC said in a statement on Thursday. The regulator considered the suspension “necessary or... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3367064/hong-kong-watchdog-investigates-cloudbreak-pharma-rigged-ipo-suspends-its-shares?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3367064/hong-kong-watchdog-investigates-cloudbreak-pharma-rigged-ipo-suspends-its-shares?utm_source=rss_feed Thu, 10 Sep 2026 10:08:13 +0000 Richard Lord Richard Lord In the almost 35 years since leaving the Soviet Union, Kazakhstan has been gradually privatising its numerous state-owned assets. The pace of change has been uneven, but the political will seems to be there – and this desire to attract foreign capital could provide Hong Kong with a huge opportunity. The economies of Kazakhstan and China have long been intertwined. The sprawling Central Asian nation to China’s northwest was once a vital node on the ancient Silk Road, and today it plays an equally... https://www-scmp-com.libproxy1.nus.edu.sg/special-reports/article/3366774/kazakhstans-privatisation-push-offers-new-ipo-opportunities-hong-kong?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/special-reports/article/3366774/kazakhstans-privatisation-push-offers-new-ipo-opportunities-hong-kong?utm_source=rss_feed Tue, 08 Sep 2026 22:45:07 +0000 Daniel Ren Daniel Ren The Hong Kong stock exchange’s initial public offering (IPO) pipeline remains strong, as the city benefits from its unique role as a connector between mainland Chinese tech start-ups and global investors, according to the bourse operator’s CEO. Bonnie Chan Yiting, CEO of Hong Kong Exchanges and Clearing (HKEX), said mainland Chinese companies’ interest in listing shares on the bourse was growing as a wave of firms looked to go global. “More and more mainland firms are choosing Hong Kong as an... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3366780/hong-kong-gaining-lustre-bridge-chinas-tech-sector-hkex-ceo?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3366780/hong-kong-gaining-lustre-bridge-chinas-tech-sector-hkex-ceo?utm_source=rss_feed Tue, 08 Sep 2026 09:20:15 +0000 Zoe SL Chan Zoe SL Chan The parent company of Philippine fast-food giant Jollibee plans to spin off and list its international operations in Hong Kong instead of New York in a strong endorsement of the city’s initial public offering (IPO) diversification efforts. Jollibee Foods Corp (JFC) said in January that it intended to list its overseas arm, Jollibee Foods Corporation International (JFCI), in the United States. The company has now selected Hong Kong as its listing destination. “Hong Kong offers the market depth... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3366078/philippine-fast-food-giant-jollibee-picks-hong-kong-over-new-york-spin-listing?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3366078/philippine-fast-food-giant-jollibee-picks-hong-kong-over-new-york-spin-listing?utm_source=rss_feed Wed, 02 Sep 2026 07:03:43 +0000 Reuters Reuters Philippine fast food giant Jollibee Foods Corp said on Tuesday it was planning to spin off and list its international operations on the Hong Kong stock exchange, abandoning earlier plans of a ‌US listing. Jollibee Foods said it was progressing in separating its international business, Jollibee Foods Corporation International, ahead of its planned spin-off and listing. The fast food restaurant operator now plans for a Hong Kong listing citing its existing presence in the city and brand... https://www-scmp-com.libproxy1.nus.edu.sg/news/asia/southeast-asia/article/3366001/philippines-jollibee-eyes-hong-kong-over-us-list-international-unit?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/news/asia/southeast-asia/article/3366001/philippines-jollibee-eyes-hong-kong-over-us-list-international-unit?utm_source=rss_feed Tue, 01 Sep 2026 10:47:48 +0000 Julie Zhang Julie Zhang For decades, Hong Kong has been a hub for gold jewellery. Brands such as Chow Tai Fook and Chow Sang Sang have drawn buyers from the world over, aided by the city’s duty-free status and its proximity to one of the world’s largest gold-consuming markets. Two years ago, when officials set the goal of making Hong Kong a global gold trading hub comparable to New York and London, it was met with scepticism. Similar efforts in the past had ended in failure. The doubts, however, began to fade in early... https://www-scmp-com.libproxy1.nus.edu.sg/business/commodities/article/3365719/golden-hour-why-hong-kong-may-finally-succeed-becoming-precious-metals-trading-hub?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/commodities/article/3365719/golden-hour-why-hong-kong-may-finally-succeed-becoming-precious-metals-trading-hub?utm_source=rss_feed Mon, 31 Aug 2026 01:00:14 +0000 Yulu Ao Yulu Ao Hong Kong Exchanges and Clearing (HKEX) will add 10 companies – including autonomous-driving firms Pony AI and WeRide – to its Tech 100 Index as part of a quarterly reshuffle that increases the benchmark’s exposure to artificial intelligence and other emerging technologies. Other additions include AI drug-discovery specialist Insilico Medicine, printed-circuit-board maker Victory Giant Technology, enterprise AI company Beijing Haizhi Technology and AI data-intelligence provider Mininglamp... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3365637/hkex-tech-100-adds-pony-ai-weride-index-revamp-targeting-ai-stocks?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3365637/hkex-tech-100-adds-pony-ai-weride-index-revamp-targeting-ai-stocks?utm_source=rss_feed Fri, 28 Aug 2026 12:19:55 +0000 SCMP Editorial SCMP Editorial The latest record-high profit results from the Hong Kong Exchanges and Clearing (HKEX) are more than just a fiscal milestone, they signal a market resurgence. Technological and financial trends on the mainland are aligning with those of the city. Witness the spectacular initial public offering (IPO) of Unitree Robotics on the tech-focused Star market of the Shanghai Stock Exchange. The humanoid robotics pioneer’s shares soared 460 per cent on their first day of trading. Market insiders now... https://www-scmp-com.libproxy1.nus.edu.sg/opinion/comment/article/3365464/hkexs-role-crucial-hong-kong-helps-build-future-global-finance?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/opinion/comment/article/3365464/hkexs-role-crucial-hong-kong-helps-build-future-global-finance?utm_source=rss_feed Thu, 27 Aug 2026 23:15:08 +0000 Enoch Yiu Enoch Yiu Bourse operator Hong Kong Exchanges and Clearing (HKEX) is exploring merging the GEM board with its main board by creating a new chapter of its listing rules, according to a source familiar with the discussions. The proposal to create Chapter 18D, which would be a core part of the second phase of the review of the listing regime, would be subject to a public consultation by the end of the year, the source told the South China Morning Post. Merging it with the main board was an option to reboot... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3365437/hong-kong-exchanges-and-clearing-explores-merging-gem-main-board-source-says?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3365437/hong-kong-exchanges-and-clearing-explores-merging-gem-main-board-source-says?utm_source=rss_feed Thu, 27 Aug 2026 07:22:03 +0000 Enoch Yiu Enoch Yiu The Hong Kong stock exchange plans to grant a three-year waiver to temporarily extend its listing application window from six months to 12 months, according to a statement released on Friday. The extension was designed to give listing candidates, their sponsors and advisers more time to complete their listings – allowing them to avoid having to repeatedly refile their applications – said the exchange, which is a unit of Hong Kong Exchanges and Clearing (HKEX). The move comes as the exchange... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3364835/hong-kong-stock-exchange-extends-listing-application-window-12-months?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3364835/hong-kong-stock-exchange-extends-listing-application-window-12-months?utm_source=rss_feed Fri, 21 Aug 2026 09:50:32 +0000 Julie Zhang Julie Zhang Hong Kong Exchanges and Clearing (HKEX) has reported record-breaking physical deliveries and a trading surge in its US dollar-denominated gold futures contract, underscoring the city’s ambition to become a global hub for the precious metal amid widening trade restrictions by the United States. The bourse operator physically delivered 145kg (319.67lbs) of gold, the highest single-day tally since the product was first launched in 2018, according to a statement published on HKEX’s official WeChat... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3364790/hkex-gold-futures-smash-delivery-record-us-sanctions-reshape-trade?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3364790/hkex-gold-futures-smash-delivery-record-us-sanctions-reshape-trade?utm_source=rss_feed Fri, 21 Aug 2026 08:00:06 +0000 Zoe SL Chan Zoe SL Chan Hong Kong is at an opportune time to move forward with a so-called IPO connect scheme, according to Pamela Chung Kong-hung, Vistra’s managing director and head of its IPO and share registry services, as the scheme would allow mainland investors access to initial public offerings in Hong Kong, enable better price discovery and expand the investor capital pool to better match the city’s large IPO pipeline. “The secondary market connect has been operating very stably without causing capital... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3364629/hong-kong-sees-opportune-time-advancing-ipo-connect-scheme-ipo-queen-pamela-chung?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3364629/hong-kong-sees-opportune-time-advancing-ipo-connect-scheme-ipo-queen-pamela-chung?utm_source=rss_feed Thu, 20 Aug 2026 03:02:28 +0000 Zoe SL Chan Zoe SL Chan China’s Mech-Mind Robotics Technologies plans to start taking investor orders for its Hong Kong initial public offering (IPO) on Monday and are targeting a debut date of September 1 amid a boom in artificial intelligence-driven robotics that has lifted investor enthusiasm, according to people familiar with the matter. The Meituan-backed company has started gauging interest for a listing that could raise about US$300 million, up from a US$200 million target a year ago, with its debut expected in... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3364569/chinas-mech-mind-robotics-set-open-order-book-us300m-ipo-sources-say?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3364569/chinas-mech-mind-robotics-set-open-order-book-us300m-ipo-sources-say?utm_source=rss_feed Thu, 20 Aug 2026 01:30:10 +0000 Enoch Yiu Enoch Yiu Hong Kong’s bourse operator will focus on diversifying into multiple asset classes and extending its trading hours to serve international investors, in support of the city’s five-year-plan goal to strengthen its role as an international financial centre, according to its CEO. Hong Kong Exchanges and Clearing (HKEX) in the coming years would introduce a wide range of products and platforms in fixed income, currencies and commodities, establishing a multiple-asset ecosystem, said Bonnie Chan... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3364515/hkex-profit-jumps-record-high-surging-ipos-and-turnover-beating-market-estimates?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3364515/hkex-profit-jumps-record-high-surging-ipos-and-turnover-beating-market-estimates?utm_source=rss_feed Wed, 19 Aug 2026 04:13:01 +0000 Cheryl Arcibal Cheryl Arcibal China’s financial regulator has encouraged mainland insurers to buy Hong Kong-listed exchange-traded funds (ETFs), an initiative that is poised to further boost the city’s standing as an international finance centre. The National Financial Regulatory Administration (NFRA) voiced support on Tuesday for mainland insurance funds investing in ETFs through schemes like Stock Connect, which allows cross-border trading between mainland and Hong Kong financial markets. The announcement was made during a... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3364453/beijing-urges-mainland-insurers-buy-hong-kong-listed-etfs?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3364453/beijing-urges-mainland-insurers-buy-hong-kong-listed-etfs?utm_source=rss_feed Tue, 18 Aug 2026 11:51:37 +0000 Zhang Wan,Nie Zhengyu Zhang Wan,Nie Zhengyu When the Hong Kong stock exchange launched five-year China government bond futures on August 3, it did more than simply expand the city’s derivatives product suite. As the only China government bond futures in the offshore market, the contract deserves attention as it finally gives international investors an exchange-traded tool to hedge against yuan interest rate exposure, strengthening Hong Kong’s ability to price yuan assets, manage risk and serve global investors. The launch comes as the... https://www-scmp-com.libproxy1.nus.edu.sg/opinion/hong-kong-opinion/article/3364103/chinese-treasury-futures-launch-cements-hong-kong-premier-yuan-hub?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/opinion/hong-kong-opinion/article/3364103/chinese-treasury-futures-launch-cements-hong-kong-premier-yuan-hub?utm_source=rss_feed Tue, 18 Aug 2026 08:30:20 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong Exchanges and Clearing (HKEX) has extended the tenure of CEO Bonnie Chan Yiting for another three years amid the bourse’s aggressive push to enhance its international competitiveness. The tenure of the 57-year-old Chan, the first woman to serve as CEO of the city’s exchange operator, will be renewed from March 1, 2027, to February 28, 2030, according to an exchange filing on Monday evening. “Bonnie has led HKEX Group with vision, purpose and distinction,” said Carlson Tong, HKEX... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3364333/hong-kong-exchange-extends-ceo-bonnie-chans-term-3-more-years?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3364333/hong-kong-exchange-extends-ceo-bonnie-chans-term-3-more-years?utm_source=rss_feed Mon, 17 Aug 2026 14:16:35 +0000 Daisy Wu Daisy Wu Hong Kong is set to welcome its first Shanghai free-trade zone offshore bond, using the landmark listing to defend its status as the world’s pre-eminent offshore yuan hub, amid mounting competition from its mainland rival. Hong Kong Exchanges and Clearing (HKEX) announced on Thursday that Shanghai Electric Global Capital – a financing arm of power and industrial equipment manufacturer Shanghai Electric – would list a 1.5 billion yuan (US$222.4 million) green free-trade zone bond on August... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3363995/hong-kong-list-first-shanghai-free-trade-zone-bond-defend-yuan-hub-status?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3363995/hong-kong-list-first-shanghai-free-trade-zone-bond-defend-yuan-hub-status?utm_source=rss_feed Fri, 14 Aug 2026 04:52:38 +0000 Enoch Yiu Enoch Yiu Hong Kong Exchanges and Clearing (HKEX) will push ahead with talks on extending stock market trading hours by releasing a discussion paper, even as it faces brokers’ concerns over a longer trading time and cancellation of the trading lunch break, according to two sources with knowledge of the matter. The paper may well pave the way for the first change to the city’s market opening time in 14 years. The bourse operator would first initiate the discussion paper due to the mixed reaction to the... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3363719/hkex-pushes-ahead-extended-trading-hours-discussions-it-prepares-paper-sources?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3363719/hkex-pushes-ahead-extended-trading-hours-discussions-it-prepares-paper-sources?utm_source=rss_feed Wed, 12 Aug 2026 03:19:43 +0000 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