Key TakeawaysAlibaba Group (9988.HK) shares are poised to open 2% higher in Hong Kong as investors anticipate the company's latest earnings report.Hong Kong’s financial sector added 4,800 jobs in the 12 months ending September 2025, driven by a significant revival in the IPO market.Structural staff cuts persist at several investment banks despite the hiring surge, as firms remain focused on reining in costs in non-core divisions.Regulatory scrutiny is intensifying, with the Securities and Futures Commission ...

A popular strategy pops up in Hong Kong around this time each year: betting on which stocks will be added to a trading link giving mainland buyers easy access to the city’s shares https://t.co/mlT3AyXJTj ...

Last month equity sales in Hong Kong increased more than five-fold compared with the same month a year ago, which was itself five times stronger than January 2024. Yet a few things could sour the mood https://t.co/fuCqwH5OXA ...

Core Insights - Chinese artificial intelligence and semiconductor companies are increasingly turning to Hong Kong for fundraising, following successful onshore debuts of GPU developers [1][5] Group 1: Market Trends - GigaDevice Semiconductor is closer to its Hong Kong IPO after passing a listing hearing, with plans to reactivate its application [2] - Companies like MiniMax and Zhipu AI, referred to as the "new AI tigers of China," are joining the fundraising rush alongside Montage Technology and others [3] Group 2: Fundraising Goals - GigaDevice and Montage aim to raise up to US$1 billion from their Hong Kong listings as early as January [5] - Biren Technology is seeking to raise approximately US$600 million through its IPO [6] - Montage plans to issue up to 130.2 million ordinary overseas shares for its secondary Hong Kong listing [6] Group 3: Strategic Objectives - OmniVision intends to use proceeds from its Hong Kong listing to recruit and retain R&D talent, build R&D facilities, and expand in global markets [7]

Group 1: IPO Details - Chuangxin Industries Holdings aims to raise up to HK$5.5 billion (US$707 million) in its initial public offering (IPO), attracting commitments from 18 domestic and international investors, indicating strong demand in Hong Kong's fundraising market [1][4] - The company plans to offer 500 million shares priced between HK$10.18 and HK$10.99, with 90% allocated to institutional investors and the remaining 10% to retail investors, and trading is expected to commence on November 24 [2] - Cornerstone investors include Glencore, Hillhouse Group, China Hongqiao Group, Mercuria Energy Group, Millennium Management, and Jane Street, collectively committing around US$351 million based on the upper price range [3] Group 2: Market Context - The IPO occurs during a rebound in Hong Kong's equities, with global investors, including US funds, showing renewed interest in Chinese firms [4] - Total funds raised from new share sales in Hong Kong surged by 220% in the first nine months of the year, with 66 companies raising US$23.27 billion, making the Hong Kong stock exchange the top global IPO venue for the first time since 2019 [5] - Over 300 companies are in the listing pipeline as international investors' appetite returns, with many Chinese firms using Hong Kong for global expansion [6] Group 3: Use of Proceeds - Chuangxin plans to allocate half of the IPO proceeds to expand its overseas production capacity, including a project in Saudi Arabia, while the remainder will be used for constructing green energy projects, working capital, and general corporate purposes [7]

Although London and New York dominate global price-setting and futures-trading, respectively, Hong Kong hopes to position itself as a trusted gateway to China https://t.co/qN2YS8vOqW ...

The London Metal Exchange and its users will need to take “uncomfortable” steps in order to modernize more quickly, according to Apurv Bagri, a senior adviser to the LME’s owner, Hong Kong Exchanges and Clearing https://t.co/6y3EOBiX2r ...

Affluent Hong Kong investors - from the former CEO of the Hong Kong stock exchange to the chairman of Great Eagle Holdings - have been snapping up residential properties, despite doubts by many prospective homebuyers that prices of flats across the city have hit bottom. Francis Yuen Tin-fan and his wife Rose Lee Wai-mun spent HK$92 million (US$11.8 million) on two luxury flats at The Knightsbridge in Kai Tak over a span of two months. Their latest transaction on Tuesday was for a 1,259 sq ft unit that cost ...

Company Overview - Pop Mart, a Chinese toymaker, reported a near-400% surge in net profit, driven by global demand for its LABUBU dolls [1][11] - The company’s adjusted net profit reached CNY4.71 billion, with revenue at CNY13.88 billion, marking a year-on-year increase of 204.4% [3] Financial Performance - In the first half of 2025, Pop Mart's revenue from China was CNY8.28 billion, up 135.2%, while revenue from Asia-Pacific (excluding China) was CNY2.85 billion, rising 257.8% [4] - Revenue from the Americas surged to CNY2.26 billion, up 1,142.3%, and revenue from Europe and other regions rose 729.2% to CNY480 million [4] Product and Market Expansion - LABUBU generated revenue exceeding CNY4.8 billion, becoming one of the world's most popular IPs in the first half of 2025 [5] - The company plans to launch a miniature LABUBU that can be clipped onto phones [6] Strategic Initiatives - Pop Mart established four regional headquarters in April to enhance its globalization strategy [7] - The company opened its first stores in landmark locations such as Cambridge in the UK and Bali in Indonesia, with plans to expand into markets including the Middle East, South Asia, Central and South America, and Russia [8] Market Position - Pop Mart's market cap surpassed HKD400 billion, with shares rising more than 200% in the last year, making it worth more than Mattel, Hasbro, and Sanrio combined [2]

Market Dynamics - China's involvement has revitalized Hong Kong's market, making it one of the world's most active [1] Geopolitical Risk - Increased reliance on China elevates the potential for US retaliation or policy changes [1]