The Chinese AI chip maker soared on its debut as the Hong Kong banking and law firm communities expect another busy ECM year in the Special Administrative Region.
The benchmark will track the performance of 100 of the largest Hong Kong-listed companies across six themes. In another move, China's E Fund Management is set to launch an ETF for the index.
The spun off firm from JD.com is preparing for an initial public offering on the Hong Kong Stock Exchange on December 11; the deal could generate around $20m of fees.
Tonik is the first digital-only bank in the Philippines with a banking licence from the BSP. Ukraine's Diligent Capital Partners, which is leading the pre-Series C funding round, has backed founder Greg Krasnov before.