China Tourism Group Duty Free Corp aims to raise up to $2.16 billion in a listing due to launch on August 25. It will be the biggest listing in Hong Kong this year.

SoftBank chief Masayoshi Son said the world was "in great confusion" and signalled personnel cuts at the Vision Fund, saying there were no "sacred areas"

Sliding values of stocks held by SoftBank's Vision Fund suggest more bad news when CEO Masayoshi Son reports first-quarter earnings next week

Of 132 IPOs and secondary listings on the city's stock exchange since the start of 2021, which raised some $47.6 billion, 111 are currently trading in the red, new data has shown

Hong Kong's benchmark Hang Seng Index climbed by 1.7% in afternoon trading, while the blue-chip CSI300 Index was 0.6% higher

Chinese markets were among the worst hit, with Hong Kong and Shanghai both down 2.3%, Shenzhen off by 2.9%, while the Nikkei fell 1.4%

HSBC plans to boost dividends rather than split the bank in two, saying any such move would generate huge one-off execution costs and could hit regulatory setbacks

The US Securities and Exchange Commission on Friday added Alibaba to a list of Chinese companies that could face delisting from US exchanges, triggering an 11% drop in its shares.

South Korea allows limited short-selling of locally listed stocks, but retail investors have complained that the practice mainly benefits big institutional and foreign investors

Miniso said it generates high margins without the operating expenses and complexity which drag down profitability at traditional retailers. But Blue Orca alleged that "narrative is a lie".

Data showed factory profits grew 0.8% compared with a year earlier, rebounding from a 6.5% decline in May, according to the National Bureau of Statistics

The move will open the door to more Chinese support as mainland investors will be able to buy the group's shares more easily via Hong Kong's Stock Connect link. The stock rose by 5% on Tuesday