Breaking news

Hong Kong Stock Exchange: Weak listings in the past few years are not just a Hong Kong but a global phenomenon (17:21) – 20240423 – Real-time financial news

Hong Kong Stock Exchange: Weak listings in the past few years are not just a Hong Kong but a global phenomenon (17:21) – 20240423 – Real-time financial news
Hong Kong Stock Exchange: Weak listings in the past few years are not just a Hong Kong but a global phenomenon (17:21) – 20240423 – Real-time financial news
--

Chen Yiting said that many of the world’s top ten fund-raising exchanges in the past few years were regional and small local exchanges. She believed that there were many reasons for this, such as the inability to travel far due to the COVID-19 epidemic, the rise of nationalism and other political reasons. However, when these companies communicated with her, they said that although the local exchange could support their first financing, when the company develops further and expands to more places, it will need to go to a larger, truly global international financing center, and Hong Kong It has the advantage of sufficient market depth.

In terms of opportunities in the mainland, Chen Yiting said that the mainland’s expected GDP growth of 5% this year is quite large. When mainland companies need funds for invention and innovation, Hong Kong is the best place to help them raise funds. Mainland enterprises can connect with foreign capital through Hong Kong. Foreign capital is currently quite underweight Chinese investment, holding only 3% of A shares. Compared with foreign capital holding more than 30% of the Japanese stock market, there is considerable room for improvement. In addition, there are 400 million middle-class people in the mainland. , investment needs to be diversified. If international companies come to Hong Kong to list, they can access the Internet to allow southbound capital investment.

Other reports

National plastic ban | Netizens sell “out-of-print” plastic tableware at high prices, with a plastic spoon selling for NT$200

The short-selling amount increased by 12% throughout the day, Yingfu short-selling increased by 5%, and the short-selling ratio was 55%.

The High Court ordered Xiao Dingyi to go bankrupt due to China Creative Digital Entertainment’s debt of NT$1 billion.

Hong Kong’s consumer price index rose 2% year-on-year in March, slightly lower than expected

The China Securities Regulatory Commission (CSRC) has launched an investigation into Danfeng’s company secretary, driver and related persons on suspicion of insider trading.

The stock index closed up 3%, the Hang Seng Index rose 317 points, the three major indexes increased, and the market turnover hit a three-week high. Two new stocks once fell by nearly 40%.

The United States reportedly plans to cut off Chinese banks from the global financial system. The Ministry of Foreign Affairs: Opposes the United States to add fuel to the fire.

GUM: Total Mandatory Provident Fund assets rose 1.9% in March, demand for Japanese stocks is booming

Apple’s mainland sales fell 19% in the first quarter, and its market share dropped to third place

Ernst & Young assists Invest Hong Kong in developing a guide to setting up a family office in Hong Kong

Cathay Pacific Invites Hong Kong Swimming Olympic Medalist He Shibei as Brand Spokesperson

Survey: Nearly 70% of Hong Kong’s small businesses expect business growth this year but are worried about cyber security risks

Hong Kong Airport passenger traffic increased 56% in March and 81% in the first quarter

Cross-border e-commerce platform Buyandship announces the appointment of Jeff Zielinski as chief financial officer

Alibaba is reportedly in talks to acquire a stake in South Korean fashion platform ABLY, which may involve an investment of more than 500 million

China Securities Regulatory Commission: CBEX and Bitget Pro are suspected of engaging in fraudulent activities related to virtual assets and urge the public to beware

[There is a film: bury yourself in the attack]There is limited room for the pound to fall against the US dollar, so you may want to take advantage of the low price.

NIO is reportedly offering a RMB 5,000 subsidy to consumers who have placed orders for Xiaomi SU7

Lei Jun: Xiaomi SU7 target delivery volume this year exceeds 100,000 units

Half-day short selling amount increased by 13%, Yingfu short selling increased by 53%, and the number of fund units fell to a 5-month low.

Xuanwu Cloud’s first-quarter revenue rose 26%, losses narrowed


The article is in Chinese

Tags: Hong Kong Stock Exchange Weak listings years Hong Kong global phenomenon Realtime financial news

-

NEXT City University team wins 2024 Times Higher Education Asia Awards | City University of Hong Kong