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 SCMP Editorial SCMP Editorial Hong Kong is well-positioned to forge closer financial ties with economies across Southeast Asia. The latest is with Malaysia, a win-win arrangement signalling similar pacts to follow. Given the vast pools of capital, stock exchange operators in both places are ready to join hands in developing a range of services and products, from dual listings and exchange-traded funds (ETFs) to Islamic finance. Hong Kong offers plenty of opportunities for Malaysia, a growing economy with a population of... https://www-scmp-com.libproxy1.nus.edu.sg/opinion/article/3351449/malaysia-bourse-pact-extends-hong-kongs-outreach-southeast-asia?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/opinion/article/3351449/malaysia-bourse-pact-extends-hong-kongs-outreach-southeast-asia?utm_source=rss_feed Sun, 26 Apr 2026 23:15:11 +0000 Enoch Yiu Enoch Yiu Hong Kong is known for its speed. Now it is set to move even faster, with plans to shorten stock settlement times from next year – a shift that could strengthen its standing as an international financial centre. The city’s stock market has operated on a T+2 settlement cycle for more than three decades, meaning trades are completed two days after they are executed. That may soon change. Hong Kong Exchanges and Clearing (HKEX) is consulting the market on a proposal to move to a T+1 cycle, under... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3351417/can-faster-settlement-sharpen-hong-kongs-edge-global-financial-hub?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3351417/can-faster-settlement-sharpen-hong-kongs-edge-global-financial-hub?utm_source=rss_feed Sun, 26 Apr 2026 23:00:13 +0000 Matthew Cheng Matthew Cheng Hong Kong’s initial public offering (IPO) market has raised more than HK$140 billion (US$17.9 billion) as of April, maintaining its global lead, the city’s finance chief has said, while indicating a renewed push to develop gold trading amid rising demand for risk diversification. Financial Secretary Paul Chan Mo-po said on Sunday that Hong Kong remained the world’s top IPO fundraising hub as of last week, citing a growing number of high-quality companies using the city’s strong financing... https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/hong-kong-economy/article/3351458/hong-kongs-ipo-market-exceeds-hk140-billion-amid-renewed-gold-trading-push?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/hong-kong-economy/article/3351458/hong-kongs-ipo-market-exceeds-hk140-billion-amid-renewed-gold-trading-push?utm_source=rss_feed Sun, 26 Apr 2026 05:27:24 +0000 Yulu Ao Yulu Ao Mainland Chinese investors have slowed their purchases of Hong Kong-listed shares this year after last year’s record inflows, as more artificial intelligence investment opportunities have emerged in mainland markets, according to BNP Paribas. Southbound inflows via the Stock Connect cross-border system have reached about US$30 billion so far this year, a slower pace than 2025, when they hit US$180 billion for the full year, according to the French bank. The deceleration reflected changing market... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3351090/ai-driven-hong-kong-stock-inflows-mainland-china-slow-investor-options-multiply?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3351090/ai-driven-hong-kong-stock-inflows-mainland-china-slow-investor-options-multiply?utm_source=rss_feed Thu, 23 Apr 2026 04:49:32 +0000 Enoch Yiu Enoch Yiu The bourse operators of Hong Kong and Malaysia are exploring a range of collaborations, from dual listings and exchange-traded funds (ETFs) to Islamic finance, to forge closer ties between the city and the Southeast Asian country. Hong Kong Exchanges and Clearing (HKEX) CEO Bonnie Chan Yiting and Bursa Malaysia CEO Dato Fad’l Mohamed unveiled their joint development plans in a media briefing in Hong Kong on Wednesday as HKEX hosted the 40th Asian and Oceanian Stock Exchanges Federation (AOSEF)... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3351005/hong-kong-malaysia-stock-exchanges-team-etfs-listings-islamic-finance?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3351005/hong-kong-malaysia-stock-exchanges-team-etfs-listings-islamic-finance?utm_source=rss_feed Wed, 22 Apr 2026 11:30:09 +0000 Enoch Yiu Enoch Yiu Mainland China’s insurance companies have emerged as major cornerstone investors in Hong Kong initial public offerings (IPOs) as they seek higher returns and benefit from Beijing’s policy support for insurers to invest in equity markets. Ping An Insurance (Group), Taikang Life Insurance, New China Life Insurance, Dajia Life Insurance and China Post Life Insurance were among the key players that invested more than US$250 million across about 11 IPOs so far this year, according to UBS data. Their... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3350821/hong-kong-ipos-lure-mainland-china-insurers-seeking-higher-returns?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3350821/hong-kong-ipos-lure-mainland-china-insurers-seeking-higher-returns?utm_source=rss_feed Wed, 22 Apr 2026 00:30:08 +0000 Daniel Ren Daniel Ren Hong Kong Exchanges and Clearing (HKEX) has proposed halving the cash settlement cycle for share trading as part of efforts to enhance market efficiency and liquidity. The city’s bourse operator said in a consultation paper on Friday that it aimed to implement a “T+1” system – under which trades are settled one day after the transaction – in the fourth quarter of 2027, replacing the existing “T+2” cycle. If adopted, the shortened cycle would apply to equities, exchange-traded products,... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3350526/hkex-proposes-halving-share-settlement-cycle-bid-boost-hong-kongs-financial-profile?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3350526/hkex-proposes-halving-share-settlement-cycle-bid-boost-hong-kongs-financial-profile?utm_source=rss_feed Fri, 17 Apr 2026 13:51:01 +0000 Themis Qi Themis Qi Geopolitical tensions are expected to further drive fundraising demand in the mining sector amid a commodities “supercycle”, although concerns over national security could complicate dealmaking, according to industry experts. Johnson Chui, head of global issuer services at Hong Kong Exchanges and Clearing (HKEX), said 2025 had been an inflection point. Mining and metals companies had become a key driver in the capital market as rising commodity prices, triggered by the energy transition and... https://www-scmp-com.libproxy1.nus.edu.sg/business/commodities/article/3350334/geopolitics-further-fuel-hong-kong-mining-fundraising-amid-supercycle-experts-say?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/commodities/article/3350334/geopolitics-further-fuel-hong-kong-mining-fundraising-amid-supercycle-experts-say?utm_source=rss_feed Thu, 16 Apr 2026 11:00:11 +0000 Zhu Wenqian Zhu Wenqian US investor sentiment towards Hong Kong and China equities has shifted notably, with US$14 billion in inflows over the three-month period to the end of February – the largest quarterly inflow in more than three years – lifting total holdings to US$466 billion, a record high, according to a BNP Paribas report on Thursday. “This may suggest a shift in the willingness of US capital owners to allocate more capital to Chinese equities after the substantive outflows seen between 2021 and the first... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3350332/us-investors-pour-hong-kong-china-equities-largest-quarterly-inflow-3-years?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3350332/us-investors-pour-hong-kong-china-equities-largest-quarterly-inflow-3-years?utm_source=rss_feed Thu, 16 Apr 2026 10:01:47 +0000 Julie Zhang Julie Zhang Hong Kong initial public offerings (IPOs) are attracting strong international demand as global funds rebuild their exposure to China after years of underinvestment, according to Bonnie Chan Yiting, CEO of Hong Kong Exchanges and Clearing. The Hong Kong stock exchange was seeing “very good momentum on both the supply and demand sides” for IPOs, Chan told a panel discussion at the HSBC Global Investment Summit on Wednesday. On the “cornerstone front”, last year saw “a very strong pickup by... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3350162/global-funds-fuel-hong-kong-ipo-rebound-investors-rebalance-china-portfolios-hkex?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3350162/global-funds-fuel-hong-kong-ipo-rebound-investors-rebalance-china-portfolios-hkex?utm_source=rss_feed Wed, 15 Apr 2026 09:00:13 +0000 Enoch Yiu Enoch Yiu Fang Liu, a partner at global law firm Clifford Chance, counts among his clients many technology companies that are keen to list in Hong Kong, but find the current requirements cumbersome. Clifford Chance has helped more than a dozen innovative companies raise funds under the new listing regime since 2018, when Hong Kong Exchanges and Clearing (HKEX) introduced reforms for pre-revenue biotech firms and companies with weighted voting rights (WVR), where one class of shareholders carries more... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3349647/hong-kongs-listing-reform-20-can-it-outshine-global-rivals-innovative-firms?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3349647/hong-kongs-listing-reform-20-can-it-outshine-global-rivals-innovative-firms?utm_source=rss_feed Sat, 11 Apr 2026 03:00:12 +0000 SCMP Editorial SCMP Editorial The predicted demise of physical newspapers may be premature, but paper use in the stock market is definitely passé. Thankfully, the Securities and Futures Commission will phase it out and digitise the market within five years. That should be enough time for any Luddite to adjust. A launch date has been set for November 16 for rolling out a fully digital, paperless stock market. The aim is to boost efficiency and strengthen the city’s competitiveness. Digitalised securities and their documents... https://www-scmp-com.libproxy1.nus.edu.sg/opinion/comment/article/3348785/paperless-stock-market-way-forward-hong-kong?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/opinion/comment/article/3348785/paperless-stock-market-way-forward-hong-kong?utm_source=rss_feed Thu, 02 Apr 2026 22:45:08 +0000 Fiona Sun Fiona Sun Hong Kong’s leader has pledged to foster an inclusive society for people with autism, with a Unesco official saying the city has the potential to become a global hub for support services. Chief Executive John Lee Ka-chiu on Thursday highlighted the importance of a better understanding and acceptance of autistic people at an event marking the United Nations’ World Autism Awareness Day. “Awareness is our starting point. Inclusion is our destination. Action is the bridge that joins them,” he... https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/society/article/3348838/hong-kong-can-become-global-hub-autism-support-unesco-official-says?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/society/article/3348838/hong-kong-can-become-global-hub-autism-support-unesco-official-says?utm_source=rss_feed Thu, 02 Apr 2026 12:06:55 +0000 Yulu Ao Yulu Ao A burst of 16 new and refiled initial public offering (IPO) applications on Tuesday – including Miniso-backed toy retailer Top Toy – signals a renewed push by companies to tap Hong Kong’s capital markets, as the city looks to cement its standing as a leading global listing venue despite intensifying competition and lingering headwinds. The filings, disclosed by Hong Kong Exchanges and Clearing (HKEX) on March 31, span a range of sectors, though hard-tech firms dominate the pipeline. Companies... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3348674/ipo-rush-returns-hong-kong-cements-its-position-top-global-listings?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3348674/ipo-rush-returns-hong-kong-cements-its-position-top-global-listings?utm_source=rss_feed Wed, 01 Apr 2026 10:00:32 +0000 Vincent Chow Vincent Chow Nasdaq-listed iQiyi, a Chinese online entertainment video provider backed by Baidu, has submitted a confidential application for a listing in Hong Kong, the company said on Monday. Details of the proposed listing have yet to be finalised, the company said, pending regulatory approvals from the Hong Kong stock exchange and the China Securities Regulatory Commission, as well as the company’s own final decision. “There is no assurance that the proposed listing will take place or when it may take... https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3348450/streaming-giant-iqiyi-joins-homecoming-wave-proposed-us300m-hong-kong-listing?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3348450/streaming-giant-iqiyi-joins-homecoming-wave-proposed-us300m-hong-kong-listing?utm_source=rss_feed Mon, 30 Mar 2026 15:14:47 +0000 Enoch Yiu Enoch Yiu Hong Kong will roll out a fully digital, paperless stock market from November 16, a move aimed at boosting efficiency and strengthening the city’s competitiveness, the market regulator said on Monday. About 2,600 listed companies will transition to the new system in phases over five years after the launch, while firms going public after November 16 would no longer issue physical share certificates, according to the Securities and Futures Commission (SFC). Investors will still be able to retain... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3348437/hong-kong-turns-page-paper-shares-digital-shift-kicks-november?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3348437/hong-kong-turns-page-paper-shares-digital-shift-kicks-november?utm_source=rss_feed Mon, 30 Mar 2026 13:30:11 +0000 Enoch Yiu Enoch Yiu Hong Kong retained its position as Asia’s top financial centre and ranked third globally, while also leading in fintech, banking and insurance, according to the latest Global Financial Centres Index released on Thursday. The twice-yearly report assessed the competitiveness of 120 financial markets. Hong Kong scored 756 points, just one point behind London and two points shy of top-ranked New York, while edging Singapore by a single point. The index is compiled by Z/Yen Group and the China... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3348034/hong-kong-holds-no-3-ranking-global-capital-hub-amid-market-volatility?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3348034/hong-kong-holds-no-3-ranking-global-capital-hub-amid-market-volatility?utm_source=rss_feed Thu, 26 Mar 2026 12:35:28 +0000 Enoch Yiu Enoch Yiu Indonesian gold miner PT Merdeka Gold Resources has applied for a Hong Kong listing as it seeks to broaden its international investor base, in a move brokers see as a boost to Hong Kong Exchanges and Clearing’s (HKEX) efforts to attract more international companies and diversify its pipeline. The listing application was intended to “broaden the company’s access to international investors, enhance share liquidity and provide greater flexibility in raising capital to support future growth”,... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3347958/gold-rally-drives-merdekas-hong-kong-ipo-plan-hkex-courts-global-issuers?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3347958/gold-rally-drives-merdekas-hong-kong-ipo-plan-hkex-courts-global-issuers?utm_source=rss_feed Thu, 26 Mar 2026 06:11:30 +0000 Enoch Yiu Enoch Yiu The former managing director and chief China economist of bourse operator Hong Kong Exchanges and Clearing (HKEX), Ba Shusong, has not appeared in public recently and could not be contacted, according to two sources familiar with the situation. Ba is important academic who frequently gave speeches at major conferences over the past decade on behalf of HKEX, speaking about Hong Kong’s role as a connector between mainland China and the world. Mainland media outlets reported that Ba was missing,... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3347879/former-hong-kong-exchange-executive-ba-shusong-reported-out-public-sight?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3347879/former-hong-kong-exchange-executive-ba-shusong-reported-out-public-sight?utm_source=rss_feed Wed, 25 Mar 2026 10:30:21 +0000 SCMP Editorial SCMP Editorial Hong Kong’s securities watchdog has recommended strengthening the stock exchange’s system for company listing and compliance following a review. It comes at a good time as the Hong Kong Exchanges and Clearing (HKEX) has proposed the biggest reform of listing rules in almost a decade. While HKEX works to make it easier and more efficient for companies to raise capital in the city, the Securities and Futures Commission (SFC) must ensure investors are protected with any changes. The city’s... https://www-scmp-com.libproxy1.nus.edu.sg/opinion/comment/article/3347554/hkex-should-heed-recommendations-hong-kongs-securities-watchdog?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/opinion/comment/article/3347554/hkex-should-heed-recommendations-hong-kongs-securities-watchdog?utm_source=rss_feed Mon, 23 Mar 2026 22:45:08 +0000 Enoch Yiu Enoch Yiu Hong Kong Exchanges and Clearing (HKEX) last week proposed its biggest set of listing reforms since 2018 for Asia’s third-largest stock exchange. Delivered in a consultation paper, the reforms aim to further improve the competitiveness of the exchange that topped the world rankings for initial public offerings (IPOs) last year. The bourse operator will collect views on the proposals, which include broadening a special listing regime for innovative companies and opening the door for listings by... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3347324/should-hong-kongs-stock-exchange-make-all-ipo-applications-confidential?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3347324/should-hong-kongs-stock-exchange-make-all-ipo-applications-confidential?utm_source=rss_feed Sat, 21 Mar 2026 01:30:15 +0000 SCMP Editorial SCMP Editorial Hong Kong Exchanges and Clearing (HKEX) has proposed the biggest overhaul of listing rules in almost a decade. China’s top stock exchange is looking ahead after regaining the global crown for initial public offerings last year following several lean years. To remain competitive, it needs to make its market more accessible to innovative firms seeking to raise capital. At the same time, the city must maintain its international reputation for financial probity and reliability. This means any... https://www-scmp-com.libproxy1.nus.edu.sg/opinion/comment/article/3347120/hkexs-listing-reforms-will-boost-hong-kongs-competitiveness?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/opinion/comment/article/3347120/hkexs-listing-reforms-will-boost-hong-kongs-competitiveness?utm_source=rss_feed Thu, 19 Mar 2026 22:45:08 +0000 Enoch Yiu Enoch Yiu Hong Kong’s market regulator will soon begin inspection of investment banks to assess their roles as sponsors of listing candidates, in its latest effort to uphold the quality of new listings amid a booming market. The Securities and Futures Commission (SFC) said the inspection would focus on whether banks had complied with its January circular, which outlined expectations on staffing and quality controls when handling initial public offerings (IPOs) in Hong Kong. For example, the SFC expected... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3347182/sfc-prepares-inspect-hong-kong-ipo-listing-sponsors-amid-quality-concerns?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3347182/sfc-prepares-inspect-hong-kong-ipo-listing-sponsors-amid-quality-concerns?utm_source=rss_feed Thu, 19 Mar 2026 11:00:18 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s securities regulator on Wednesday recommended strengthening the stock exchange’s regulations to better protect investors following a review of 2024 compliance and enforcement cases. The Securities and Futures Commission (SFC) submitted its findings after vetting listed companies’ internal control reviews, their handling of late auditor resignations and the processes of the Hong Kong stock exchange’s listing division. The regulator noted that while thestock exchange “had taken steps... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3347076/hong-kong-securities-watchdog-urges-stock-exchange-tighten-listing-compliance-rules?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3347076/hong-kong-securities-watchdog-urges-stock-exchange-tighten-listing-compliance-rules?utm_source=rss_feed Wed, 18 Mar 2026 14:50:51 +0000 Themis Qi,Enoch Yiu Themis Qi,Enoch Yiu A memo circulating in mainland China’s financial community has raised concerns that Beijing plans to ban certain Chinese companies from listing in Hong Kong via a red-chip structure, with analysts fearing that this could create uncertainty for new listings in the city. According to a memo seen by the South China Morning Post, some red-chip companies – entities registered overseas but with assets and businesses within China – seeking regulatory approval for an initial public offering (IPO) in... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3346903/chinas-tightened-listing-rules-some-red-chips-hong-kong-raise-concerns?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3346903/chinas-tightened-listing-rules-some-red-chips-hong-kong-raise-concerns?utm_source=rss_feed Tue, 17 Mar 2026 11:10:08 +0000 Cheryl Arcibal,Yulu Ao Cheryl Arcibal,Yulu Ao An Ant Group subsidiary has fulfilled all the necessary requirements for acquiring Bright Smart Securities & Commodities Group, Hong Kong’s largest retail stock brokerage, after completing reporting procedures with China’s regulatory authorities, the two companies announced in a joint off-trading-hours filing on Monday. Wealthiness and Prosperity Holding, which is ultimately controlled by Ant Group, had completed reporting procedures required for high-value non-sensitive investment projects, it... https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3346811/ant-group-subsidiary-completes-steps-takeover-hks-largest-retail-stock-brokerage?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3346811/ant-group-subsidiary-completes-steps-takeover-hks-largest-retail-stock-brokerage?utm_source=rss_feed Tue, 17 Mar 2026 00:52:51 +0000 Julie Zhang Julie Zhang More than 10 loss-making biotechnology companies have filed for Hong Kong stock exchange listings this year, bringing cutting-edge drugs and artificial intelligence-powered drug discovery platforms to market, as the city’s bourse presses ahead with reforms aimed at supporting the real economy. The latest applications came as healthcare and biotechnology equity capital market activity – stock sales by companies and their shareholders – in Hong Kong reached US$15.6 billion last year, the second... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3346710/hong-kong-attracts-wave-biotech-ipo-filings-amid-ai-drug-boom?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3346710/hong-kong-attracts-wave-biotech-ipo-filings-amid-ai-drug-boom?utm_source=rss_feed Mon, 16 Mar 2026 05:07:12 +0000 Enoch Yiu Enoch Yiu Hong Kong Exchanges and Clearing (HKEX) has unveiled its biggest listing reforms since 2018, broadening its special listing regime for innovative companies and opening the door for smaller and more diverse firms to list in the city, the bourse operator said on Friday. The exchange also proposed expanding the confidential filing option to all new listing applicants, replacing the current rule that applies only to secondary listings or certain technology applicants. The reform was seen as... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3346458/hkex-opens-door-small-innovative-firms-list-biggest-reforms-2018?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3346458/hkex-opens-door-small-innovative-firms-list-biggest-reforms-2018?utm_source=rss_feed Fri, 13 Mar 2026 05:40:33 +0000 Enoch Yiu Enoch Yiu Arrests in a HK$315 million (US$40 million) insider dealing case underscore Hong Kong’s commitment to upholding the integrity of its stock market amid a surge in new listings and share placements, according to industry players. The Independent Commission Against Corruption (ICAC) on Thursday said it had arrested eight people after joining forces with the Securities and Futures Commission (SFC) earlier this week to raid premises connected to a hedge fund and two securities firms. The joint... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3346394/hong-kong-insider-trading-arrests-send-very-strong-message-market-integrity?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3346394/hong-kong-insider-trading-arrests-send-very-strong-message-market-integrity?utm_source=rss_feed Thu, 12 Mar 2026 23:00:10 +0000 Emily Hung Emily Hung Hong Kong has been urged to extend its stock trading hours to maintain its status as an international financial hub, as competitors move towards near 24-hour operations to capture global liquidity. Speaking at the “Redefining Hong Kong 2026 Budget Edition” forum organised by the South China Morning Post on Monday, Kenny Shui Chi-wai, vice-president of think tank Our Hong Kong Foundation, said the city should consider lengthening the stock market’s trading hours, which rivals were already... https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/hong-kong-economy/article/3346018/hong-kong-urged-extend-stock-trading-hours-keep-rivals?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/hong-kong-economy/article/3346018/hong-kong-urged-extend-stock-trading-hours-keep-rivals?utm_source=rss_feed Mon, 09 Mar 2026 15:53:50 +0000 Aileen Chuang Aileen Chuang Semiconductor display manufacturer Everdisplay Optronics (Shanghai) and robotics firm Zhejiang Galaxis Technology Group have received approval to list in Hong Kong, marking steady progress in the city’s nearly 500-strong listings pipeline. The two mainland Chinese companies published their post-hearing information packs on the Hong Kong stock exchange on Sunday, as the initial public offering (IPO) market in the city gathers pace once again after the Chinese New Year holiday. Neither firm... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3345921/hong-kongs-ipo-pace-picks-2-mainland-chinese-firms-get-listing-approval?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3345921/hong-kongs-ipo-pace-picks-2-mainland-chinese-firms-get-listing-approval?utm_source=rss_feed Mon, 09 Mar 2026 03:48:17 +0000 Enoch Yiu Enoch Yiu HSBC Holdings, Xiaomi, AIA, Pop Mart International, Tsingtao Brewery and others are among about 650 listed companies that may need to change their trading unit under proposed reforms by bourse operator Hong Kong Exchanges and Clearing (HKEX). Market participants generally support the reform as it would bring Hong Kong’s stock market trading in line with international practices and allow retail investors to more easily trade a wider range of stocks, but they also warn of challenges in... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3345863/why-hkexs-board-lot-reform-could-pose-challenges-hsbc-and-others?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3345863/why-hkexs-board-lot-reform-could-pose-challenges-hsbc-and-others?utm_source=rss_feed Mon, 09 Mar 2026 00:15:12 +0000 Emily Hung Emily Hung Hong Kong must do more to shatter the glass ceilings at its roots, moving beyond token diversity to ensure motherhood no longer derails women’s careers, advocates have said on International Women’s Day. Chief Executive John Lee Ka-chiu said on Sunday that women were “holding up more than half the sky” for Hong Kong as they accounted for 54 per cent of the population and comprised half of the government, legal and accounting workforce, with increasing representation in corporate leadership. The... https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/hong-kong-economy/article/3345880/hong-kong-must-ensure-motherhood-no-longer-derails-womens-careers-advocates?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/hong-kong-economy/article/3345880/hong-kong-must-ensure-motherhood-no-longer-derails-womens-careers-advocates?utm_source=rss_feed Sun, 08 Mar 2026 10:00:15 +0000 Enoch Yiu Enoch Yiu Hong Kong Exchanges and Clearing (HKEX) has seen significant improvement in the gender diversity of listed companies but the bourse operator has not made progress in the area of mobility for independent directors, exchange data showed. One in five listed companies in Hong Kong have boards where women comprise 30 per cent of members, HKEX chairman Carlson Tong Ka-shing said on Friday. “Gender diversity makes good business sense,” Tong said in a speech at a special gong-striking ceremony on Friday... https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3345664/hkex-sees-more-women-boards-little-progress-tenure-cap-rules?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3345664/hkex-sees-more-women-boards-little-progress-tenure-cap-rules?utm_source=rss_feed Fri, 06 Mar 2026 08:15:07 +0000 Julie Zhang Julie Zhang Beijing should create a “connect” scheme for initial public offerings (IPOs) in the Greater Bay Area to allow mainland Chinese and Hong Kong investors to buy into new listings across the border, HSBC Asia-Pacific chairman Peter Wong Tung-shun said on the eve of China’s annual “two sessions” meetings. “If investors in both Shenzhen and Hong Kong are further allowed to participate simultaneously in IPOs in both markets – achieving a more comprehensive IPO connect mechanism for the Greater Bay Area... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3345285/hsbc-chairman-floats-ipo-connect-hong-kong-shenzhen-ahead-chinas-two-sessions?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3345285/hsbc-chairman-floats-ipo-connect-hong-kong-shenzhen-ahead-chinas-two-sessions?utm_source=rss_feed Tue, 03 Mar 2026 10:30:09 +0000 Julie Zhang,Yulu Ao Julie Zhang,Yulu Ao Until last year, Fidelity International’s most significant cornerstone commitments on the Hong Kong initial public offering (IPO) market dated back to 2021, when Chinese short-video platform Kuaishou Technology raised US$5.4 billion and healthcare firm Medlive Technology completed a US$543.4 million listing. Then for the next four years, the asset manager went quiet. Late last year it returned to Chinese assets in force. It backed gold miner Zijin Gold International’s US$3.2 billion listing in... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3344890/big-cornerstone-comeback-whats-driving-investors-back-hong-kong-ipos?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3344890/big-cornerstone-comeback-whats-driving-investors-back-hong-kong-ipos?utm_source=rss_feed Sat, 28 Feb 2026 02:00:57 +0000 Kenny Shui,Pascal Siu,Katie Ho Kenny Shui,Pascal Siu,Katie Ho Following a challenging cycle, Financial Secretary Paul Chan Mo-po has delivered a budget returning Hong Kong to the black. After consecutive operating deficits, the operating account has returned to profit. Simultaneously, the consolidated account records a HK$2.9 billion (US$370.6 million) surplus for 2025/26, signalling stability. This turnaround is driven largely by a buoyant stock market and a stabilising property sector, reviving stamp duty revenues and investment income. This provides... https://www-scmp-com.libproxy1.nus.edu.sg/opinion/hong-kong-opinion/article/3344819/after-celebrating-its-surplus-hong-kong-must-work-sustaining-it?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/opinion/hong-kong-opinion/article/3344819/after-celebrating-its-surplus-hong-kong-must-work-sustaining-it?utm_source=rss_feed Sat, 28 Feb 2026 01:30:07 +0000 Lam Ka-sing Lam Ka-sing A combination of a strong initial public offering (IPO) market and bond sales has helped put Hong Kong’s financial health back in the black sooner than expected, with analysts expecting a robust pipeline of listings to be key to sustaining the city’s surplus. In his budget speech on Wednesday, Financial Secretary Paul Chan Mo-po said the city was previously expected to record a HK$67 billion deficit for the 2025-26 financial year, which ends on March 31, but emerged with an estimated HK$2.9... https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/hong-kong-economy/article/3344776/hong-kong-records-hk29-billion-consolidated-surplus-2025-26-heres-how?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/hong-kong-economy/article/3344776/hong-kong-records-hk29-billion-consolidated-surplus-2025-26-heres-how?utm_source=rss_feed Thu, 26 Feb 2026 14:01:20 +0000 Enoch Yiu Enoch Yiu Hong Kong Exchanges and Clearing (HKEX) will roll out a broad package of market reforms aimed at attracting more international listings and expanding into fixed income, commodities and other asset classes over the coming years, its CEO said on Thursday. Bonnie Chan Yiting, approaching the end of her first two years as CEO at HKEX – which operates Asia’s third-largest stock exchange – outlined the strategy as the exchange reported a second consecutive year of record annual profit, driven by... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3344683/hkex-profit-jumps-36-another-record-high-surging-turnover-ipos?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3344683/hkex-profit-jumps-36-another-record-high-surging-turnover-ipos?utm_source=rss_feed Thu, 26 Feb 2026 04:25:27 +0000 Vivian Au Vivian Au Hong Kong will establish the first national manufacturing innovation centre outside mainland China and a high-level steering committee to spearhead AI development, the finance chief has said, as the city seeks to align with the country’s 15th five-year plan. Financial Secretary Paul Chan Mo-po also unveiled a citywide artificial intelligence (AI) literacy drive in Wednesday’s budget, earmarking funds for various organisations to set up courses on the technology. “We must embrace the 15th... https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/society/article/3344645/hong-kong-set-first-national-innovation-centre-outside-mainland-china?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/society/article/3344645/hong-kong-set-first-national-innovation-centre-outside-mainland-china?utm_source=rss_feed Wed, 25 Feb 2026 14:51:53 +0000 Enoch Yiu Enoch Yiu Hong Kong will consider shortening the stock trading settlement cycle to one day after the transaction, as well as attracting more international firms to have secondary listings in the city, to strengthen the city’s status as an international financial centre, according to Financial Secretary Paul Chan Mo-po’s budget speech on Wednesday. Chan said the bourse operator, Hong Kong Exchanges and Clearing (HKEX), would in the first half of this year make proposals in a market consultation on how to... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3344629/hong-kong-speed-stock-settlement-time-catch-west-and-mainland?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3344629/hong-kong-speed-stock-settlement-time-catch-west-and-mainland?utm_source=rss_feed Wed, 25 Feb 2026 11:36:34 +0000 Natalie Wong Natalie Wong Financial Secretary Paul Chan Mo-po has announced an array of industry spending and relief measures in Hong Kong’s budget, in response to the city’s quicker-than-expected return to a surplus of HK$2.9 billion (US$370.8 million) in its consolidated account. In a two-hour address to the Legislative Council on Wednesday, Chan pledged substantial government support and investment in major development projects and key industries, such as the artificial intelligence (AI), intellectual property (IP)... https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/hong-kong-economy/article/3344584/surpluses-investments-tax-breaks-whats-it-you-hong-kongs-budget-2026-27?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/hong-kong-economy/article/3344584/surpluses-investments-tax-breaks-whats-it-you-hong-kongs-budget-2026-27?utm_source=rss_feed Wed, 25 Feb 2026 08:40:12 +0000 Enoch Yiu Enoch Yiu The Securities and Futures Commission (SFC) has secured for the first time separate court orders in Hong Kong and the UK to freeze HK$4.3 million (US$552,948) in assets belonging to three alleged insider traders – including a former Hong Kong Exchanges and Clearing (HKEX) staffer – who have left the city. The city’s Court of First Instance granted a worldwide interim injunction order against the trio – former HKEX listing division staffer Chan Ching-wa and his relatives Lam Cho-man and Chau... https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3344502/sfc-moves-freeze-assets-3-insider-traders-who-have-left-hong-kong?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3344502/sfc-moves-freeze-assets-3-insider-traders-who-have-left-hong-kong?utm_source=rss_feed Tue, 24 Feb 2026 23:30:14 +0000 Enoch Yiu Enoch Yiu When Wilson Chan Fung-cheung joined Hong Kong’s banking industry as a foreign-exchange trader more than four decades ago, his work involved US dollars, UK pounds, Japanese yen and various European and Asian currencies – but not Chinese yuan. “Back then, there was no yuan trading at all as, in fact, the internationalisation of the yuan only started in 2009,” recalled Chan, who has worked for various Chinese banks. Beijing’s decision that year to promote its currency for wider use in trade,... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3344464/why-chinas-path-financial-superpower-status-could-begin-hong-kong?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3344464/why-chinas-path-financial-superpower-status-could-begin-hong-kong?utm_source=rss_feed Tue, 24 Feb 2026 15:00:09 +0000 Letters Letters Feel strongly about these letters, or any other aspects of the news? Share your views by emailing us your Letter to the Editor at letters@scmp.com or filling in this Google form. Submissions should not exceed 400 words The 2026 Forbes Hong Kong rich list offers a snapshot of the city’s economic elite and it looks remarkably like that from a decade ago. Li Ka-shing retains his crown via a conglomerate rooted in ports and property. The Lee, Kwok and Cheng families follow close behind, their... https://www-scmp-com.libproxy1.nus.edu.sg/opinion/letters/article/3344306/can-hong-kongs-exchange-fund-capture-growth-tomorrow?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/opinion/letters/article/3344306/can-hong-kongs-exchange-fund-capture-growth-tomorrow?utm_source=rss_feed Tue, 24 Feb 2026 03:30:07 +0000 Aileen Chuang Aileen Chuang China’s Harbour BioMed has struck a deal worth more than US$1.2 billion with a clinical-stage biotechnology company to develop and commercialise an antibody outside China, as the country’s novel drug makers increasingly secure not only upfront licensing fees but also long-term international partnerships. The Shanghai-based company announced a licence and equity agreement on Monday with Solstice Oncology, a firm established by a syndicate of venture capital investors, for the exclusive... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3344311/wave-chinese-biotech-deals-builds-harbour-biomed-solstice-sign-us12-billion-pact?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3344311/wave-chinese-biotech-deals-builds-harbour-biomed-solstice-sign-us12-billion-pact?utm_source=rss_feed Mon, 23 Feb 2026 07:15:13 +0000 Enoch Yiu Enoch Yiu Hong Kong’s financial markets on Friday greeted the Year of the Horse with a mixed response, with stocks and gold moving in different directions on the first trading day of the year. Markets reopened on the fourth day of the Lunar New Year, with the Hang Seng Index closing 1.1 per cent lower at 26,413.25, and gold advancing 0.6 per cent to end the day at HK$46,685 (US$5,985) a tael (37.9 grams). Hong Kong Gold Exchange (HKGX) chairman Haywood Cheung Tak-hay said the exchange would team up with... https://www-scmp-com.libproxy1.nus.edu.sg/business/commodities/article/3344067/hong-kong-stocks-and-gold-start-year-horse-mixed-note?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/commodities/article/3344067/hong-kong-stocks-and-gold-start-year-horse-mixed-note?utm_source=rss_feed Fri, 20 Feb 2026 03:40:58 +0000 SCMP Editorial SCMP Editorial The initial public offering (IPO) gravy train has been a great boost to the local financial industry. But given the high number of applicants for IPOs, due diligence sometimes takes a back seat in favour of speed, cost-saving and competition. Hong Kong has regained its title as the No 1 market for IPOs, so it’s all the more important that the highest listing standard is observed. The Securities and Futures Commission (SFC) has ordered 13 investment banks to review their listing application and... https://www-scmp-com.libproxy1.nus.edu.sg/opinion/comment/article/3343969/hong-kong-regulators-are-right-scrutinise-ipo-applications?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/opinion/comment/article/3343969/hong-kong-regulators-are-right-scrutinise-ipo-applications?utm_source=rss_feed Thu, 19 Feb 2026 23:15:08 +0000 Themis Qi Themis Qi The highest-paid independent non-executive director (INED) of a Hong Kong-listed company in 2024 made US$1.67 million, nearly 2,000 times what the lowest-paid INED received, drawing attention to a potential disconnect between pay and the responsibilities of the role. The lowest-paid INED received 6,000 yuan (US$867.94) in 2024, according to a survey by the Hong Kong Independent Non-Executive Director Association (HKINEDA), which was based on the 2024 annual reports of more than 2,600 listed... https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3343485/why-its-troubling-hong-kong-board-member-pay-ranges-us850-us167-million?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3343485/why-its-troubling-hong-kong-board-member-pay-ranges-us850-us167-million?utm_source=rss_feed Sun, 15 Feb 2026 03:30:10 +0000 Enoch Yiu Enoch Yiu Hong Kong Exchanges and Clearing (HKEX) plans to expand further into fixed income and commodities in the coming years, as global investors seek to diversify away from US dollar assets amid rising uncertainty, senior officials at the bourse operator said. “Over the last few years, a lot of global capital has gravitated towards the US market,” said Bonnie Chan Yiting, CEO of HKEX, at a media briefing on Wednesday. “But now, given a lot of the uncertainty, investors do want to diversify.” Chan said... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3342403/hkex-eyes-expansion-fixed-income-global-investors-reassess-us-exposure?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3342403/hkex-eyes-expansion-fixed-income-global-investors-reassess-us-exposure?utm_source=rss_feed Wed, 04 Feb 2026 13:05:38 +0000