Latest news with #HongKongExchanges
Bloomberg
27-05-2025
- Business
- Bloomberg
Hong Kong Bourse Plans to Start Zero-Day Options Trading in 2026
Hong Kong's stock exchange is seeking to launch options that expire within a day as early as the first half of 2026, bringing to the Asian hub an instrument that has driven a boom in US derivatives in recent years. Hong Kong Exchanges & Clearing Ltd. is planning to start offering so-called 'zero-days to expiry' contracts on the Hang Seng Index, according to people familiar with the matter who asked not to be named because the matter is private. The bourse has been consulting with market participants and the feedback has been positive, they added.
CNA
06-05-2025
- Business
- CNA
Hong Kong launches new measures to attract more tech, bio listings
Hong Kong launched a scheme on Tuesday to offer smoother listings for tech companies on its stock exchange, as it looks to capitalize on Chinese companies' growing appetite to raise funds offshore. The new "technology enterprises channel" will make new listings easier for specialist technology and biotechnology firms, the bourse operator and Hong Kong's Securities and Futures Commission said in a joint statement. Under the scheme, the exchange, a unit of Hong Kong Exchanges and Clearing, will provide guidance on the eligibility and suitability for listing for prospective companies. Applicants can confidentially file for initial public offerings, as disclosures of their operational strategies may pose heightened risk compared to other industries, the statement said. It also allows tech firms to list with a weighted voting rights (WVR) structure, which allows companies to hold shares that carry extra voting rights, provided they meet certain requirements. Hong Kong is the main destination for mainland Chinese firms looking to raise capital offshore, and bankers have said that mainland firms, mainly those in the tech sector, are accelerating plans to raise money offshore.
Reuters
06-05-2025
- Business
- Reuters
Hong Kong launches new measures to attract more tech, bio listings
May 6 (Reuters) - Hong Kong launched a scheme on Tuesday to offer smoother listings for tech companies on its stock exchange, as it looks to capitalize on Chinese companies' growing appetite to raise funds offshore. The new "technology enterprises channel" will make new listings easier for specialist technology and biotechnology firms, the bourse operator and Hong Kong's Securities and Futures Commission said in a joint statement. Under the scheme, the exchange, a unit of Hong Kong Exchanges and Clearing, ( opens new tab will provide guidance on the eligibility and suitability for listing for prospective companies. Applicants can confidentially file for initial public offerings, as disclosures of their operational strategies may pose heightened risk compared to other industries, the statement said. It also allows tech firms to list with a weighted voting rights (WVR) structure, which allows companies to hold shares that carry extra voting rights, provided they meet certain requirements. Hong Kong is the main destination for mainland Chinese firms looking to raise capital offshore, and bankers have said that mainland firms, mainly those in the tech sector, are accelerating plans to raise money offshore. Hong Kong authorities had first announced the technology enterprises channel in February.
Yahoo
06-05-2025
- Business
- Yahoo
Hong Kong launches new measures to attract more tech, bio listings
(Reuters) -Hong Kong launched a scheme on Tuesday to offer smoother listings for tech companies on its stock exchange, as it looks to capitalize on Chinese companies' growing appetite to raise funds offshore. The new "technology enterprises channel" will make new listings easier for specialist technology and biotechnology firms, the bourse operator and Hong Kong's Securities and Futures Commission said in a joint statement. Under the scheme, the exchange, a unit of Hong Kong Exchanges and Clearing, will provide guidance on the eligibility and suitability for listing for prospective companies. Applicants can confidentially file for initial public offerings, as disclosures of their operational strategies may pose heightened risk compared to other industries, the statement said. It also allows tech firms to list with a weighted voting rights (WVR) structure, which allows companies to hold shares that carry extra voting rights, provided they meet certain requirements. Hong Kong is the main destination for mainland Chinese firms looking to raise capital offshore, and bankers have said that mainland firms, mainly those in the tech sector, are accelerating plans to raise money offshore. Hong Kong authorities had first announced the technology enterprises channel in February. (Reporting by Aaditya Govind Rao in Bengaluru; Editing by Kim Coghill)
