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HK Market Minute

CATL Shares Soar Over 18% in HK Debut Following Record IPO

Staff Reporter Shares of Contemporary Amperex Technology Co., Ltd. (CATL), the world's largest battery manufacturer, jumped over 16% in their trading debut in Hong Kong on Tuesday. Investors are optimistic about the company’s potential to capitalize on the expanding electric vehicle (EV) market. The shares closed at...

CATL Expected to Offer Less Than 10% Discount for $5 Billion Hong Kong Listing

By Agencies Chinese battery giant CATL is preparing for a Hong Kong listing aimed at raising approximately $5 billion. Sources familiar with the situation report that the company's shares may be offered at a discount of less than 10% compared to its Shenzhen-listed stock. According to...

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HK Unemployment Rate Steady at 3.1% for September-November

Staff Reporter Hong Kong's seasonally adjusted unemployment rate remained stable at 3.1% for the September...

Hong Kong Grade A Office Rents Could Fall 5-10% in 2025 Due to Sluggish Demand

  Hong Kong's Grade A office rents are expected to decrease by 5-10% in 2025,...

HK Exports Expected to Rise 4% in 2025

Hong Kong's exports are set to grow by 4% in 2025, building on a...

Survey: One in Six Hongkongers Considering Home Purchase in Next Five Years

A recent survey by HSBC reveals that one in six residents of Hong Kong...

HK Mortgage Loans Rise 9.5% to $19 Billion in October

The value of residential mortgage loans approved in Hong Kong reached $19 billion in...

HK Reports $163.7 Billion Deficit in First Seven Months of 2024

Hong Kong’s government announced a deficit of $163.7 billion for the first seven months...

Mortgage Loans Increase by 9.5%

In October, the residential mortgage loan market experienced a notable surge, with the total...

Morgan Stanley Projects 2025 Outlook for China Stock Market

Morgan Stanley analysts foresee a turbulent year for China's equity markets in 2025, citing...

HK Retail Sales Decline 2.9% Year-Over-Year in October

Hong Kong's retail sales fell by 2.9% year-over-year in October, according to government data...

Crypto Update: Bitcoin Soars to New All-Time Highs!

Bitcoin’s Global Surge: A Day of Milestones in Cryptocurrency In a remarkable turn of events,...

Ocean Park Reports Deficit Despite Increase in Visitors and Revenue

Hong Kong's Ocean Park has recently reported a financial deficit of over HK$71 million...

HK Home Prices Experience Modest Recovery in October

Home Prices Show Signs of Recovery in October In a notable shift in the housing...

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Which Cities Are Investing The Most Into AI?

As the global AI race heats up, a growing share of AI funding is being funneled into a few...

How Long Do Bear Markets Last? Insights from History for Investors

Staff Reporter When you hear stories of individuals striking it rich in the stock market,...

The Unseen Hand: Why AI’s Rise Will Mark a New Era of Net Job Loss

By Milli Sands The siren song of technological progress has always promised a brighter future,...

How to Balance Growth and Safety in Your Retirement Portfolio

By Michael Lebowitz As retirement approaches—or begins—investors often find themselves at a crossroads: How can...