Midea's strong Hong Kong debut after $4 bln listing boosts outlook
Midea Group rose as much as 9.5% on its Hong Kong trading debut after the Chinese home appliances maker raised nearly $4 billion in the city's largest share offering in almost four years, boosting hopes for a revival in large Chinese issuances.
Asian equities were largely higher on high volumes driven by FTSE Russell and S&P index rebalances and triple witching in the ...
Meituan’s strategy to focus on lower prices has helped the Chinese food delivery company beat sales targets even as the ...
Electric-vehicle makers boosted Hong Kong stocks on Friday, as major indices rose across the board in the wake of the US ...
Electric vehicle (EV) and internet stocks had strong sessions, except for Trip.com, which fell -1%. Hong Kong’s most heavily ...
A company backed by the mother of Asia pop megastar Jay Chou saw its stock tumble by a record 72% Wednesday, with no ...
U.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally.
By Keith Bradsher Investors worried about China’s economy shunned Hong Kong’s stock market, once one of the biggest and most important in the world. By Alexandra Stevenson Hui Ka Yan ...
As global markets experience a mix of rebounds and declines, Hong Kong's Hang Seng Index has shown resilience despite broader economic uncertainties. This backdrop provides a fertile ground for ...
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