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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.
Transformers toymaker Bloks to debut in Hong Kong after IPO frenzy
HONG KONG – Shares of Bloks Group, the popular Chinese maker of Ultraman and Transformers figurines, will begin trading in Hong Kong on Jan 10 after its US$215 million initial public offering drew overwhelming demand from individual investors.
Toymaker Becomes a Billionaire After Frenzied Hong Kong IPO
The frenzy over a toymaker’s Hong Kong initial public offering has created a new billionaire. Zhu Weisong, founder and chairman of Bloks Group Ltd., was catapulted into the ultra-rich ranks after the company’s $215 million debut Friday drew overwhelming demand from individual investors.
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.
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.
21h
on MSN
Hong Kong sees no need to change US dollar-pegged currency system
Hong Kong has no intention and sees no need to change the system that pegs the city's currency in a tight band to the U.S.
3h
CES 2025: Hong Kong start-ups out in force as city strives to become Asian tech hub
Nearly 100 Hong Kong-registered companies are exhibiting at CES this week, compared to around 30 from Singapore.
5h
Venchi Expansion Drive Brings Taste Of Italy To Hong Kong Airport
The new store is expected to be a blueprint for other airport units as Venchi builds out its travel retail estate globally.
8h
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 ...
13h
Hong Kong’s US-dollar peg gets emphatic defence from HKMA CEO
Speculation about ending the peg reflects ‘misconceptions due to a lack of understanding’, says head of de facto central bank ...
1d
Hong Kong Airport Raises $7 Billion in Multi-Currency Bond Sales
The Airport Authority of Hong Kong sold around $7 billion of bonds in three currencies over the course of the week, in one of ...
International Monetary Fund
1h
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 ...
BroadwayWorld
17h
Hong Kong Philharmonic Reveals January 2025 Lineup
The Hong Kong Philharmonic Orchestra will perform a series of concerts in January 2025. Learn more about the full lineup of ...
4d
Hong Kong’s Cabbies, Long Scorned and Frustrated, Face the End of an Era
A government push to modernize taxi services comes up against the habits of drivers known for driving fast and accepting only ...
The Washington Post
13d
Hundreds gathered in Hong Kong for the city's first pyrotechnics drone show
HONG
KONG
— Hundreds gathered in
Hong
Kong
on Saturday to watch the city’s first pyrotechnics drone show, as part of ...
LifestyleAsia
5h
Where to drink margarita in Hong Kong, according to Ajit Gurung of The Savory Project
Mixologist Ajit Gurung of The Savory Project shares where to find the best margarita in Hong Kong. Check out his margarita ...
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