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Hong Kong, Bloks Group
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.
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
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.
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.
Sunac China shares plunge
China's Shimao Group Receives Liquidation Petition
(Reuters) - China's Shimao Group said on Friday CPYM Link Investment Limited had filed a liquidation petition against the company in the Hong Kong high court regarding a 258 million yuan ($35.19 million) cross-border loan guarantee provided by the property developer.
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 judiciary website.
Chinese developer Sunac’s shares tumble 26% after liquidation petition
Shares in Chinese developer Sunac plummeted on Friday after the company revealed it was the subject of a petition in Hong Kong seeking to wind it up, the latest in a series of legal moves against heavily indebted mainland property groups.
Christianity Today
5h
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 ...
1h
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 ...
6h
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, ...
15h
on MSN
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 ...
2h
on MSN
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 ...
1h
Trump’s tariffs unlikely to reach 60%, boosting Hong Kong, China stock markets: analysts
Analysts from Pictet and BNP Paribas expect US tariffs on Chinese goods to reach 20 per cent and 25 per cent, respectively ...
1d
on MSN
China Ramps Up Yuan Support With Record Hong Kong Bill Issuance
China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to ...
8h
on MSN
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 ...
International Monetary Fund
8h
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 ...
7h
IMF Turns Less Upbeat on Hong Kong Growth With 2025 Forecast Cut
The International Monetary Fund lowered its forecast for Hong Kong’s economic growth this year and warned of the risks Asia’s ...
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