SF Holding Co., China’s biggest express-delivery firm, is set to open a gold vault in Hong Kong to tap demand for storage as the city pushes forward with plans to become a precious-metals hub.
Citadel has moved some of its researchers out of Hong Kong due to data security concerns, the Financial Times reported, citing people familiar with the matter.
For decades, the risky world of early-stage mining ventures was the playground of institutional funds and commodity trading houses. But after a more than 900% rally in a little-known Canadian potash developer last year, a new class of investors is moving…
Bristol-Myers Squibb Co. inked a collaboration and licensing deal with Jiangsu Hengrui Pharmaceuticals Co. that could be valued at as much as $15.2 billion, as the US drugmaker seeks to leverage China’s efficiency in early development.
Chinese creditors who have struggled to recover funds from distressed property developers on the mainland are increasingly turning to Hong Kong courts in their quest for repayment.
China’s decision to allow a select group of global investors to trade bond futures has raised expectations for deeper reforms to boost the appeal of the world’s second-largest debt market.
Chinese appliance maker Midea Group Co. raised $2.2 billion from the upsized sale of dual-tranche convertible bonds with zero coupon, according to terms of the deal seen by Bloomberg News.
Traders are swiftly unwinding bearish positions against Contemporary Amperex Technology Co. Ltd.’s Hong Kong-listed shares as the focus shifts to the battery giant’s growth outlook following a $5 billion share sale.
Segantii Capital Management founder Simon Sadler accused bankers of mishandling a block trade in fashion retailer Esprit Holdings Ltd. as his own firm was shorting the stock, a Hong Kong court heard on Tuesday.
Hong Kong’s economy expanded at its fastest pace in almost five years, as old growth drivers like tourism and retail spending cushioned the blow from the global energy crisis caused by the war in Iran.
New World Development Co., the cash-strapped property developer, is in talks to sell its 50% stake in a portfolio of three Hong Kong hotels valued at a total of $2 billion, people familiar with the matter said.
Hong Kong initial public offerings have raised more than HK$140 billion ($17.9 billion) this year, with the city maintaining its position as the world’s top IPO venue, Financial Secretary Paul Chan wrote in his weekly blog.
