Tag: Hong Kong Stock Exchange

China Sees Wave of Large Private Companies Broken Up, Listed on Stock Exchanges

April 6, 2023
AlibabaAlibaba's IPOAsia & PacificBusiness & MarketsChinaChina Business & EconomyChina's economic policieschinese economic downturnChinese RegimeHK BusinessHong KongHong Kong Stock Exchangeinitial public offeringJack MaJD.comjingdongMarketsNYSErecessionSocial Issuesstocksthe New York Stock ExchangeUS-China relationsWorld
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Several large Chinese companies have recently been restructured for listing on the stock exchange, with most of them privately owned. Days after Alibaba’s restructuring was announced, Jingdong (JD.com), another Chinese e-commerce platform, announced on March 30 that its sub-companies JD Industrial and JD Production and Development will be spun off and listed on the Hong…

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In Hong Kong HSI Fell 479 Points as Asian Stocks Declined Reflecting the Wall Street Decline

September 15, 2022
Business & MarketsChinaHang Seng indexHK BusinessHong KongHong Kong Stock ExchangeMarkets
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The Hang Seng Index opened 393 points lower today (14th), after the US stock market plunged yesterday and the Dow fell by more than 1,000 points, the Asia-Pacific region is diving today, the Australian and Japanese stocks retreated more than 2.5 percent, and South Korea and Taiwan added 1.6 percent. The higher-than-expected inflation in the…

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In Hong Kong HSI Fell 479 Points Asian Stocks Drop Reflecting the Wall Street Decline

September 15, 2022
Business & MarketsChinaHang Seng indexHK BusinessHong KongHong Kong Stock ExchangeMarkets
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The Hang Seng Index opened 393 points lower today Sept. 14, after the US stock market plunged yesterday and the Dow fell by more than 1,000 points, the Asia-Pacific region also reduced, the Australian and Japanese stocks retreated more than 2.5 percent, and South Korea and Taiwan added 1.6 percent. The higher-than-expected inflation in the…

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Ernst & Young’s IPO Report Forecasts Hong Kong Annual New Stock Financing Down to US$28 Billion

July 3, 2022
ChinaErnst and YoungHK BusinessHong KongHong Kong IPOHong Kong Stock Exchange
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According to an Ernst Young (EY) report, the chances of the Hong Kong Stock Exchange entering the top three of global fundraisers this year are relatively small, but being ranked in top five can still be a possibility. In the report, only 20 companies were listed in the first half of 2022 in Hong Kong,…

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World’s Largest Nickel Producer Faces Billions in Losses; China Releases National Reserves to Rescue

March 16, 2022
Business & EconomyChinaChina Business & Economycommoditiesfutures marketHK BusinessHong KongHong Kong Stock ExchangeLMELondon Metal ExchangeLondon Metal Exchange (LME)MarketsNickelnickel miningTsingshan HoldingUKWorld
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The world’s biggest nickel and stainless steel producer, Tsingshan Holding Group, suffered a fiasco in a global capital sniping on the London Metal Exchange (LME) on March 7, with its 200,000-ton nickel forward contracts caught in a delivery default and facing potential losses of billions on its short positions. However, a dramatic reversal occurred, attributed…

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