HONG KONG (Reuters) - Chinese battery giant CATL has hired banks, including JPMorgan and Bank of America, to work on a Hong Kong listing, in what could be one of the city's largest offerings in ...

Hong Kong's Hang Seng Index is up 21.2% year-to-date, making it one of the best performing major markets in the world, despite the tariff negotiations between China and the United States.

In key news on Hong Kong stocks, China Vanke Co. Ltd. (HK:2202) said it is bracing up for huge losses in the first half of 2024 as China’s housing crisis continues to impact developers.

That was a third of the US$13.5 billion raised on the Hong Kong stock exchange, which leapfrogged 12 spots from a year earlier to become the world's top-ranking IPO destination in the first half.

As of the end of June, CRE-related loans to corporates made up 20.7% of BOCHK's total loans, down from 21.6% six months earlier. Of these, 15.5% were in Hong Kong and 3.7% in mainland China.

Summary Hong Kong will likely fortify its position as one of the world's top destinations for equity fundraising, driven by secondary listings by companies based in mainland China. The amount ...