Hong Kong: the RVD price and rental indices, Land Registry volumes, primary sales, and the office and retail market.
Philippine fast food giant Jollibee Foods Corp said on Tuesday it is planning to spin off and list its international operations on the Hong Kong Stock Exchange, abandoning earlier plans of a US listing. Jollibee Foods said it is progressing in separating its international business, Jollibee Foods Corporation International, ahead of the planned spin-off and listing. The company now intends to list in Hong Kong, citing its existing presence in the country and brand recognition in Asia.
China Merchants Commercial REIT has teamed up with a BentallGreenOak-backed fund to acquire The Quad, a 205-bed student hostel in Hung Hom, for HK$528.5 million, reflecting a 40 per cent discount from the original owner's total investment cost of HK$880 million. The deal marks the REIT's second stud
HKEX will allow short selling of Shein shares and launch weekly and monthly options and derivative warrants from the fast-fashion retailer's trading debut on 1 Sep. The exchange also notified warrant issuers they may list warrants on Shein shares when trading begins.
A joint bid led by JD.com, Sino Land and four mainland developers won a tender for an integrated residential and tech park project in Hong Kong's Northern Metropolis. The HK$16.8 billion development includes over 3,000 residential units and a tech park with 50,950 sqm of floor area.
Alibaba has officially rolled out its Wan3.0 AI video-generation model, capable of creating 30-second videos from documents and presentations. The launch follows a HK$10 billion share placement, the largest-ever primary follow-on offering by a Hong Kong-listed company, as the Chinese tech giant ramp
Fast-fashion retailer Shein began book building for a Hong Kong IPO on Monday, aiming to raise up to HK$13.86 billion ($1.77 billion) at a valuation of up to $26.81 billion. The company is offering 280 million shares at HK$47.60 to HK$49.50 each, with pricing set for 31 August and trading starting 1
The All Classes price index rose 0.3 per cent month on month to 323.2, its highest level in the past 12 months. Rental indices also reached 12-month peaks across all classes, with the All Classes rental index up 0.9 per cent month on month to 205.8.