Greater China

Hong Kong eases listing thresholds to draw more IPOs

The steps are part of a wider push by Hong Kong to strengthen its position as a fundraising hub.

This gives it an edge over traditional Western pharmaceutical giants.

The rules feature sweeping anti-avoidance provisions.

Reuters earlier reported that AgiBot appointed banks in October.

HKIC has a portfolio of over 200 firms. So far, 10 have listed in HK, with 30 more in the pipeline.

The debut will spotlight China’s state-led push to turn public capital into technology champions.

All existing bullion trading, clearing, settlement and related electronic activities of HKGX are expected to migrate to the new platform.

BA Capital-backed Yuanji Food and Amos Food are moving towards an IPO in Hong Kong.

The country added 72.07 GW of solar capacity in H1, down from 212.21 GW a year ago.

The Commission is investigating if JD.com received grants from China.