Hong Kong’s stock exchange operator made record profits in 2024 as a stock market rally and listings revival helped put an end to a two-year slump for the financial hub.

Mixue's gain came as its major bubble tea rivals were sold off, with Sichuan Baicha Baidao down nearly 7% and Guming down 1.7% on Monday. Retail investors in the IPO subscribed for 5,258 times more shares than were on offer in that tranche, according to Mixue's filings, making it one of Hong Kong's most popular IPOs.

Hong Kong is launching a scheme to facilitate technology company listings on its stock exchange, aiming to attract more Chinese companies. The initiative, announced by financial authorities, seeks to simplify the application process and enhance the competitiveness of Hong Kong as a fundraising hub.

BYD has completed a sale of shares listed on the Hong Kong Stock Exchange to raise the equivalent of 5.33 billion euros. BYD plans to invest the proceeds in

Hong Kong's bourse operator reported a 10% rise in annual profit, helped by sharp increases in trading turnover and new company listings, and said it was optimistic that a pickup in Chinese economic activity would help its prospects.

HKSE-listed companies must update constitutional documents to allow for hybrid meetings and e-voting under new rules - Companies

HONG KONG -- China's top bubble tea chain Mixue, which counts more shops than the global networks of Starbucks and McDonald's, soared in its debut on the Hong Kong stock exchange Monday, ending its first day over 40% above its initial public offering price.

Its filing with the Hong Kong stock exchange did not detail the size of the IPO or when a listing might happen. CICC, Huatai Securities and GF Securities were listed as joint sponsors. Chery, China's largest exporter of passenger vehicles in 2023 and 2024 ...