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.
Hong Kong, China and Mixue
WHILE China’s latest growth target is a sign of the country’s confidence in its economy, analysts have cautioned that stronger policy support may be needed to achieve it. Read more at The Business Times.
(Reuters) -Chinese electric vehicle maker BYD has launched a sale of its Hong Kong shares to raise up to $5.2 billion via an accelerated book-building, according to a deal term sheet seen by Reuters on Monday.
Chinese electric vehicle (EV) giant BYD said on Tuesday that it raised HK$43.5 billion ($5.6 billion) in a share sale, making it the largest share offering in the Hong Kong stock market in the past four years.
The company is loved for its affordability, reportedly selling ice creams and drinks for an average of just 65p.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results