kpmg

Deal Analysis: Lightelligence’s HK$2.5bn IPO on HKEX

The Shanghai-based photonic computing company's blockbuster debut in H1 underscores investor appetite for AI infrastructure while testing both HKEX's Chapter 18C regime and Hong Kong's IPO revival. Ryan Cheng spoke to senior market participants about the deal.
July 20, 2026

Hong Kong banks face liquidity squeeze

Banks in Hong Kong face an uncertain outlook thanks to persistently low interest rates and the migration of local-currency deposits into renminbi.
October 05, 2011