Chinese toymaker taps ‘kidult’ craze as shares soar on Hong Kong debut
Shares in Bloks Group, a maker of Transformers and other toy figurines, as much as doubled on their Hong Kong debut on Friday, making a billionaire of their founder and underlining the surge in ‘kidult’ culture despite falling birth rates in the world’s second-largest economy.
Hong Kong Chinese stocks set to soar 21% in 2025, says HSBC
HSBC predicts a 21% rise in Hong Kong-listed Chinese stocks by 2025, driven by favourable policy shifts in mainland China.
Toymakers build fun Hong Kong stocks a playground
Hong Kong's long-dormant animal spirits have found a fun niche in an otherwise gloomy market. Shares in Chinese toymaker Bloks surged 82% on their Friday debut, thanks to overwhelming demand in the city.
Bloks Group Shares Rise 72% in Hong Kong Debut
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More. Back To Top
Toymaker Bloks surges 82% in Hong Kong debut after sizzling IPO reception
Demand from Hong Kong retail investors was 6,000 times more than the amount of shares allocated to them, the second highest on record Shares of Chinese toymaker Bloks Group surged as much as 82 per cent in their Hong Kong market debut after its initial public offering (IPO) attracted huge demand from retail and institutional investors.
Chinese toy maker Bloks jumps in Hong Kong debut
Shares of Chinese toy maker Bloks Group were set to open 81.6% higher from the initial public offering (IPO) price in Hong Kong debut on Friday. The stocks were set to open at HK$109.60 each in their debut as compared with an IPO price of HK$60.
Developer Sunac China gets liquidation petition, Hong Kong judiciary website shows
A liquidation petition has been filed against indebted property developer Sunac China, the Hong Kong judiciary's website ...
Christianity Today4h
In Hong Kong, One Pastor Ministers to a Gen Z Protester in Prison
Amid high rates of depression and anxiety among young people, Christian leaders boost efforts to address mental health ...
CES 2025: Hong Kong start-ups out in force as city strives to become Asian tech hub
Consumer Electronics Show (CES) has seen a record number of Hong Kong tech companies showcase their innovations in Las Vegas, ...
China's Country Garden proposes deal to reduce offshore debt by $11.6 bln
Country Garden has proposed a deal to its offshore creditors that will cut its debt by $11.6 billion, paving the way for the ...
Indebted developer Sunac China faces liquidation threat in Hong Kong
A liquidation petition was filed against indebted developer Sunac China Holdings in Hong Kong amid its efforts to restructure ...
Why China's central bank has stopped bond purchases
The bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that’s put unwanted downward ...
Millennium Hedge Fund Spinoff Modular Expands to Hong Kong
Millennium Management spinoff Modular Asset Management plans to expand to Hong Kong, the latest hedge fund arrival as the ...
Outspoken economist Gao Shanwen leaves his Hong Kong financial firm: source
Gao’s license in Hong Kong lapsed at the end of last month, and he is no longer working at a financial firm in the city, SFC ...
International Monetary Fund8h
People’s Republic of China—Hong Kong Special Administrative Region: Staff Concluding Statement of the 2024 Article IV Mission
Hong Kong SAR’s economy is on a path of gradual but uneven recovery after a protracted period of shocks. With continued economic slack and external and domestic headwinds, policies should be geared ...
Developer Sunac China Receives Liquidation Petition in Hong Kong
Defaulted builder Sunac China Holdings Ltd. has received a liquidation petition in Hong Kong, according to the city’s ...
Hong Kong’s leader calls on entrepreneurs to seize opportunities over border
City leader John Lee tells Shenzhen summit that opportunities are waiting for companies willing to pursue innovation and ...