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Hong Kong Accounting and Financial Reporting Council: No widespread serious issues have been identified in IPO audits so far.
The Hong Kong Accounting and Financial Reporting Council (AFRC) does not rely solely on a single letter, but rather continuously monitors how audit firms handle newly accepted engagements through routine inspections (file reviews), while also enhancing its post-engagement coverage of IPO-related work. No large-scale or serious issues have been identified to date.
Hong Kong Exchanges and Clearing Limited (HKEX, stock code: 00388.HK) has added 18 new weekly and monthly stock option classes.
Hong Kong Exchanges and Clearing Limited (HKEX, stock code: 00388.HK) announced that it will launch 18 new weekly and monthly equity options classes in phases on August 10, 17, and 31, 2026. The six equity options classes commencing trading on August 10 include: MINIMAX-W (00100.HK), ZTE Corporation (00763.HK), Zhipu AI (02513.HK), Kingsoft Cloud (03896.HK), Yangtze Optical Fibre and Cable Joint Stock Limited Company (06869.HK), and Ubtech Robotics (09880.HK). The six equity options classes commencing trading on August 17 include: Shandong Gold
HKEX (00388.HK) June Update: Heightened Trading Activity Across Multiple Markets and Expansion of Hong Kong IPOs Set to Drive Strong Q2 Earnings Growth
Event Description: In June, the Hong Kong stock market experienced overall volatility, while trading activity in securities listed on the Hong Kong Stock Exchange remained robust, suggesting that earnings are likely to continue growing. Event Commentary – Business Segments: 1) Cash Market: The Hong Kong equity market was generally volatile, with average daily turnover (ADT) in Hong Kong-listed stocks and Northbound trading remaining
Hong Kong Exchange (0388) appoints new members to the Listing Committee and the Listing Review Committee
On July 10, Hong Kong Exchange (00388) announced the appointments of new members to its Listing Committee and Listing Review Committee, effective immediately.
Major Brokerage Cuts HKEX (0388.HK) Target Price to HK$502, Maintains 'Buy' Rating
HSBC Research published a report stating that market concerns over regulatory risks facing Hong Kong Exchanges and Clearing Limited (HKEX, 00388.HK) have likely already been largely priced into its share price, and believes the actual impact on its operations will be limited. The firm identifies four key factors supporting HKEX’s potential to outperform the broader market: higher-than-expected average daily trading volumes and IPO activity, rising revenues from Stock Connect programs (Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connects), progress in developing its Fixed Income and Currencies (FIC) ecosystem, and continued expansion of products and infrastructure despite recent regulatory tightening. HSBC has raised its earnings forecasts for HKEX by 1.3% to 5.1% for the years 2026 to 2028, maintains its 'Buy' rating, although regulatory uncertainties persist.
JPMorgan (JPM.US) has hired two new bankers to expand its Hong Kong IPO business team.
JPMorgan (JPM.US) has hired two bankers qualified to serve as principal staff for sponsors, further strengthening its position in Hong Kong’s IPO market. Benjamin Seto, formerly a director at Citi, and Gary Lam, previously an executive director at China Merchants Securities, have joined JPMorgan as executive directors, reporting to Bai Sijia, Head of Hong Kong IPO and Corporate Finance at JPMorgan. JPMorgan has been seeking to expand its Hong Kong investment banking team and had previously attempted to hire Serena Yang from China Galaxy Securities (06881.HK) as Head of Greater China Consumer & Retail Investment Banking, though the effort was unsuccessful.