Chinese biotech companies are pursuing global commercialization despite US regulatory barriers, leveraging cost advantages in markets like Europe. Insilico Medicine's Ren Feng highlighted the need for internationalization and the challenge of lacking overseas clinical teams, suggesting business development deals as a solution.
Hong Kong is the top listing choice for tech firms due to Asia's growing innovation, says HKEX CEO Bonnie Chan. The city's markets saw HK$166B in IPOs and HK$293B daily turnover in May, with tech shares surging sevenfold in 10 years.
The Hong Kong Exchanges and Clearing (HKEX) is pressing ahead with the relaunch of gold futures as mainland China’s appetite for the metal continues to grow. The city would continue to introduce new gold products and facilities to capture the growing opportunities of the gold market, Financial Secretary Paul Chan Mo-po said on Thursday at the LME Asia Metals Seminar 2026 in Hong Kong. The HKEX planned to relaunch gold futures in coming months and seek market feedback to refine the products,...
HKEX reported record quarterly net profit of HK$5.19 billion (US$662 million), up 27% year-on-year and beating analyst consensus of HK$4.6 billion. The exchange operator cited strong performance from its diversified multi-asset platform and record chargeable trading volumes at the London Metal Exchange. Shares rose 3% to HK$419.80 following the announcement.
Mainland Chinese investors have reduced purchases of Hong Kong-listed shares this year to about US$30 billion in southbound inflows, down from US$180 billion in 2025, as more pure-play AI investment options emerge across mainland and Hong Kong exchanges. BNP Paribas strategists say investors remain positive on China's AI story but now have more options to express those views beyond Hong Kong-listed internet stocks, shifting from broad index exposure to selective bets on individual companies.
HKEX and Boursa Malaysia announced plans for cross-border collaboration including ETFs and dual listings at the 40th AOSEF General Assembly. The first major collaboration grants Da Cheng International Asset Management a licence to issue an ETF tracking the HKEX Bursa Malaysia Large Cap Index, comprising 62% Hong Kong stocks and 38% Malaysian shares. About 30 Malaysian companies are currently listed in Hong Kong, representing nearly a third of 103 Southeast Asian issuers.
Hong Kong Exchanges and Clearing (HKEX) has proposed halving the minimum valuation for Weighted Voting Rights (WVR) companies to HK$20 billion (US$2.6 billion) as part of its latest listing reforms, aiming to attract more innovative firms and overseas issuers.
