hkex

Bubble tea maker Mixue has joined the market as it bounces back with a flurry of listing activity expected this year, with mainland Chinese investors increasing use of the Stock Connect; Middle East firms could also seek listings, although other foreign firms could be harder to attract.

The state-backed conglomerate's move should pave the way for future corporate issuances in 2025, which could make use of the HKMA’s grant scheme.

Gregory Yu and Kevin Rumjahn will take on the roles this month as the exchange looks to ramp up its development in 2025.

Paul Chow will take on the newly-created role in addition to his position as HKEX's group general counsel; Jeffrey Chew has also been appointed as group chief communications officer.

The planned launch of the office in 2025 comes as the Saudi Exchange starts hosting the first ETFs tracking Hong Kong funds.

The bank expects to see increasing demand for digital bonds from the private sector.

This move makes Alibaba eligible for the SAR’s Stock Connect programmes, which will help the firm tap a larger group of Chinese investors; however, rival PDD Holdings saw its shares drop sharply on the Nasdaq this week, and JD.com has unveiled a $5bn share buyback plan.

EQT invests in Australian tech education firm Compass; HKEX's H1 2024 results; iron ore slowdown sees BHP diversify; Canada to slap tariffs on Chinese EVs, steel and aluminium; HKIC invests in Thailand.

After surpassing a shareholder threshold for an offer from chairman Reinold Geiger, L’Occitane International will apply to suspend dealings in the shares from August 7.