CATL’s IPO pops in Hong Kong
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The Hong Kong dollar edged closer to the weak end of its trading range as sliding local interest rates encouraged traders to increase their borrowing of the currency to fund carry trades.
China's Jiangsu Hengrui will price its shares at HK$44.05 ($5.63) each, the top of its price range, to raise $1.27 billion in its Hong Kong listing, according to two sources with direct knowledge of the matter.
But visitors say they are less enthusiastic about five of the other ‘hotspot projects’ proposed by officials to bump up tourism.
Hong Kong’s rich families are learning about the unpredictability of market downturns. Now some have to sell the homes they live in to cut debt.
With total assets of $53.7 billion, FWD Group has launched its fourth IPO attempt in Hong Kong, tapping into surging investor interest following battery giant CATL’s landmark listing.
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Many people from Hong Kong now feel afraid of visiting Japan. This worry comes from an old manga book made in 1999. Some people think the man
BYD Co.’s shares rose to a record high in Hong Kong, expanding their premium over those trading on the mainland to the highest level ever.
Police will launch drone patrols in the force’s Kowloon West region and Hong Kong’s northern border area on Friday, with 700 officers and about 30 sets of unmanned aircraft ready to be deployed.