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HONG KONG STOCK MARKET NEWS TODAY
Global Market: Zhongji Innolight shares slip in Hong Kong debut after record $6.8 billion IPOChinese optical component maker Zhongji Innolight fell up to 8% in its Hong Kong listing debut on Thursday after raising HK$53.4 billion ($...
Global Market: China stocks slip as AI-linked selloff deepens; Hong Kong gains on internet sharesChinese stocks fell Wednesday as artificial intelligence shares faced selling pressure. Hong Kong shares outperformed, driven by strong gai...
Global Market: Xiaohongshu faces scrutiny over potential Hong Kong IPO plans amid VIE structure disputeChinese social media platform Xiaohongshu faces listing scrutiny following a complaint by a former executive regarding its variable interes...
Global Market: Zhongji Innolight raises $6.81 billion in Hong Kong listing, Asia’s second-biggest IPO of 2026Chinese optical components maker Zhongji Innolight has priced its Hong Kong share sale at HK$980 per share, raising HK$53.41 billion in the...
Global markets: Shein will struggle to justify up to $50 billion Hong Kong IPO valuationWhile the quarterly loss partly reflected a $328 million fair-value charge on convertible redeemable preferred shares following an accounti...
Shein will struggle to justify $40-50 billion Hong Kong IPO valuationRevenue rose 8% to $41.8 billion in 2025, but net income fell 39% to $2.06 billion. In the first quarter of this year, the fast fashion r...
Global Market: Shein slips to quarterly loss as US tariff changes weigh on sales ahead of Hong Kong IPOFast-fashion giant Shein reported a $99 million loss in Q1 2026, hit by slowing sales after the US ended duty exemptions for low-value impo...
Global Market: China, Hong Kong stocks slide as oil surge fuels inflation concernsAsian markets saw declines in China and Hong Kong equities on Friday. Crude oil prices surged above $100 a barrel, intensifying inflation w...
Global Market: Chinese stocks slip as AI, chip shares extend correction; defensive sectors offer supportChinese stocks declined on Thursday as AI and semiconductor shares extended their correction amid profit booking in expensive technology na...
Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
Global Market: Chinese stocks advance on AI, chip rally; Hong Kong shares slipChinese mainland stocks advanced, led by gains in AI, semiconductor and metal shares, while Hong Kong equities declined as investors booked...
Data centre component maker Zhongji InnoLight seeks $7 billion in Hong Kong listingThe listing, expected to take place on July 30, is the latest in a recent run of blockbuster debuts from Chinese AI-related companies in Ho...
Global Market: China stocks rebound as state support boosts sentiment, tech shares remain under pressureChinese equities rebounded after steep losses last week as signs of government-backed support lifted investor confidence and sparked buying...
Shein's odyssey to listing crosses New York, London and likely finds home in Hong KongShein secured Hong Kong stock exchange approval for its long-awaited initial public offering. The company is expected to publicly file its ...
Hang Seng crashes over 2% as tech selloff hits Asia markets. Why Hong Kong stocks are falling on Friday?Hong Kong's Hang Seng Index fell 2% by midday on Friday, weighed down by a global selloff in technology stocks as renewed inflation concern...
Global Market: China stocks face steep weekly losses as CXMT IPO sparks liquidity crunch fearsChinese and Hong Kong stocks slid sharply on Friday, with mainland benchmarks headed for their steepest weekly losses in over two years. In...
Global Markets: Shein eyes up to $3 billion Hong Kong IPO as soon as August, Bloomberg News reportsFast-fashion powerhouse Shein is gearing up for an initial public offering in Hong Kong, aiming to secure between two to three billion doll...