Singapore depository receipts allow investors to invest directly in overseas stocks through the SGX. Read more at straitstimes.com.
SINGAPORE investors can now directly invest in three Hong Kong blue-chip stocks – Ping An Insurance, Meituan and Xiaomi – via newly launched Singapore Depository Receipts (SDRs). This broadens the Singapore Exchange’s (SGX) thematic investment opportunities in artificial intelligence (AI),
These three additional stocks will further expand investor access to more regional companies. The post SGX Adds 3 More Hong Kong Singapore Depository Receipts: Here’s All You Need to Know appeared first on The Smart Investor.
Hong Kong stocks rose for a third day on Friday, putting the benchmark gauge on course for its biggest weekly gain in almost two months, as optimism grew that China would take more steps to support the nation’s economic growth and technology innovation.
Asian equities were largely lower despite a weaker U.S. dollar overnight, as Japan outperformed and India underperformed.
US president reaffirms that tariffs on Chinese imports will double to 20 per cent as reprieve period for Canada and Mexico ends.
BYD said the transaction was the largest equity follow-on offering globally in the automotive sector in the past decade.
The company late Thursday reported stronger-than-expected results for the final quarter of 2024. Net profit nearly tripled from a year earlier to 9.85 billion yuan, equivalent to $1.36 billion, and revenue jumped 13% to 346.99 billion yuan as consumer spending rebounded, it said.
Chinese electric vehicle maker BYD Co raised HK$43.5 billion (US$5.6 billion) in Hong Kong’s biggest share sale in nearly four years.
CNBC on MSN11d
Hong Kong government earmarks $128 million for new AI research institute and aims to cut public spendingHong Kong's government has earmarked 1 billion Hong Kong dollars ... Among the top gainers in the session were food delivery company Meituan (up 9.21%) and e-commerce platform JD.com (8.26%). Meanwhile, the Hang Seng Index gained as much as 3.19%.
(RTTNews) - The Hong Kong stock market turned lower again on ... Li Ning jumped 3.02 percent, Meituan advanced 2.21 percent, New World Development surged 6.77 percent, Nongfu Spring climbed ...
Chinese electric vehicle maker BYD has raised $5.59 billion in a primary share sale that was increased in size, according to a term sheet seen by Reuters on Tuesday, the largest of its kind in Hong Kong in four years.
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