Innolight stock jumps after approval for up to $8 billion Hong Kong IPO
What’s new: The deal could become Hong Kong’s biggest listing since Alibaba’s 2019 share sale and the city’s largest this year.
Bloomberg, The Business Times (Singapore)
Subject
#Hong Kong
US lets 2020 Hong Kong order expire, easing some sanctions
What's new: John Lee and Carrie Lam were removed from one US sanctions list but shifted to another tied to a separate Hong Kong law.
Hong Kong police arrest 5 in raids on 2 independent bookstores
What's new: The suspects could face up to seven years in prison under the 2024 national security law.
BBC News (World), Bloomberg +1
SK Hynix drops 15%; chip sell-off triggers KOSPI trading halt
What's new: The stock's plunge left its US ADRs trading about 37% above the Seoul share price after a $26 billion listing.
Bloomberg, MarketWatch
28 teams vie for Indonesia berth in Asia Robot Contest
The KRAI 2026 winner at Universitas Jember will represent Indonesia at the ABU Asia-Pacific Robot Contest in Hong Kong.
Republika, Antara News
Hong Kong dollar nears 7.85 weak limit as carry trades build
Why it matters: A wider US-Hong Kong rate gap and falling Hibor are raising the odds of Hong Kong Monetary Authority intervention.
StarDream drops cruise fuel surcharges from Singapore on June 26
What's new: The operator also cut the fee by half for sailings from Taiwan and Hong Kong after fuel prices stabilized.
The Straits Times, Mothership
Luxshare weighs $3 billion Hong Kong listing amid IPO surge
What's new: The Apple supplier's Shenzhen-listed shares have more than doubled in a year, lifting its market value above $77 billion.
ByteDance pursues $20 billion offshore loan amid AI spending push
What's new: The proposed borrowing would top its $10.8 billion 2024 deal and could run three years, with an option to extend to five.
Starbucks cuts about 180 office jobs in London and Hong Kong
Why it matters: The coffee chain is shifting more control outside North America to licensees as it pushes to double its international store count.
Tim Ho Wan to close Plaza Singapura site on July 12 after 13 years
What's new: The Hong Kong chain plans 13 days of 30% discounts before the shutdown and a S$68 farewell dinner on the final night.
The Business Times (Singapore), Mothership +1
Singapore retook No. 1 in IMD competitiveness ranking for 2026
What’s new: It jumped to first in business efficiency, while Hong Kong rose to No. 2 and Switzerland fell to third.
Britain jails 2 men for spying on Hong Kong dissidents
What's new: One defendant got 10 years after using his UK Border Force job to look up targets in a Home Office database.
Bloomberg, The Straits Times
Singapore retakes No. 1 in IMD ranking as Switzerland drops to third
What's new: IMD linked Switzerland's slide to negative $60.7 billion in inward investment and pressure from a strong franc and US tariffs.
Bloomberg, The Straits Times
Hong Kong activates black rain signal, closes schools, businesses
Heavy rain above 70 mm an hour and winds up to 80 km/h raise risks of severe flooding, landslides and disruptions ahead of the long holiday.
Channel News Asia, CNBC Indonesia
6 firms open Hong Kong deals worth up to HK$19.8 billion
What's new: Lingyi iTech led the wave at HK$8.3 billion as 2026 Hong Kong IPO and secondary-listing proceeds topped US$21.5 billion.
Jardine Matheson set 5% dividend growth, launched $500 million buyback
What's new: The conglomerate also targeted at least 9% annual shareholder returns and plans to recycle $4 billion from its portfolio by 2030.
HK$255 billion in Hong Kong lockups set to expire in July
Why it matters: The shares turning tradable could add selling pressure to a Hang Seng market already down 3% this year.
Xiaohongshu eyes late-June confidential filing for Hong Kong IPO
What's new: The RedNote owner was valued at about $31 billion last year and projected roughly $3 billion in 2025 profit.
Zhipu jumps 33% as US AI curbs boost bets on Chinese rivals
What's new: Bank of America started coverage with buy ratings on Zhipu and MiniMax as Anthropic halted top-model access for foreign nationals.
Hong Kong issuers target 1,000 thinly traded stocks for liquidity push
Why it matters: Many sub-HK$500 million listings trade under HK$100,000 a day, limiting analyst coverage and follow-on fundraising.
BI expands yuan swap and QRIS cross-border ties with China, Hong Kong
The scheme covers rupiah-renminbi trade payments for Indonesia-China commerce valued at US$154.5 billion in 2025.
CNN Indonesia, Republika +1
Minor weighs Singapore IPO for restaurant unit over Hong Kong
What's new: the listing could raise more than $400 million, though the company has not made a final venue decision.
BYD shares fall as Wang Chuanfu targets Toyota in 5 years
Exports rose 65 percent in January-May, but total deliveries fell more than 20 percent as China's market weakened.
Alibaba replaces DingTalk chief as AI strategy clash hits shares
What's new: Alibaba stock fell as much as 5.9% in Hong Kong after an internal rebuke of DingTalk's management and AI push.
Alibaba, JD.com drop as Beijing rebukes 618 discount pitches
What's new: China's regulator also called in PDD, ByteDance and Xiaohongshu over allegedly misleading subsidy claims.
Hong Kong moves to scrap tax on hedge fund performance pay
What's new: The proposed exemption would apply retroactively to April 1, 2025, covering eligible carried interest across more asset classes.
Hong Kong files 25 charges over fire that killed 168 people
What's next: Three men were denied bail, and the case was adjourned to Sept. 2 as investigators pursue fraud and corruption claims.
The New York Times, BBC News (World)
Hong Kong funding squeeze dulls dollar carry trade as Hibor climbs
Why it matters: higher Hibor could unwind bets against the Hong Kong dollar and raise mortgage costs in the city’s rate-linked market.
HSBC, AIA and Prudential sink on Hong Kong account curbs
Why it matters: tighter checks on mainland clients could slow a lucrative flow of cross-border banking and insurance sales in Hong Kong.
SpaceX bars China, Hong Kong investors from $75 billion IPO
Why it matters: The restriction reflects US export-control concerns around sensitive technology and narrows a major source of demand.
SpaceX bars China, Hong Kong orders from $75 billion IPO
What's new: banks were told not to market the deal to investors in ITAR-restricted jurisdictions, including Russia, Lebanon, Cyprus and Syria.
Jollibee weighs Hong Kong IPO for overseas unit over US plan
What's new: The fast-food group could target a listing by the end of 2027 as Hong Kong equity sales surge past $38 billion this year.
Banks curb China travel as Beijing widens cross-border crackdown
What's new: UBS delayed a mainland wealth event, while Hong Kong regulators now require declarations that new investment funds came from outside China.
Singapore Airlines weighs order for at least 50 Airbus or Boeing jets
What's next: The early talks could shape long-haul fleet plans next decade and test demand for larger wide-body models.
Series: Singapore Airlines · Widebody Jet Order Talks · 3 chapters since Jun 4