Stock exchange based in Hong Kong, one of Asia's largest, hosting listings and disclosures for mainland Chinese and international companies.
Pandu Asset Management lists Hong Kong's second spot Solana ETF on October 13 at a 0.6% management fee against ChinaAMC's 0.99%. The estimated ongoing charge is 1.6% against 1.99%, so a holder saves 0.39 points a year.
Reality
The 30% stake that made Sky Xu a $23bn founder is worth about $8bn at the listing price, and the roughly $73bn of company value that went missing says more about where Hong Kong's marginal IPO buyer went than about clothes.
Perspective Coverage
8 publishersReality
Transsion is offering 86.6 million Hong Kong shares at up to HK$38.80 to raise about US$428 million, with GIC as a cornerstone. The Shanghai-listed phone maker has cut its ask to under half of last year's reported target, and the book will show whether even that sells at the ceiling.
Reality
Shenzhen Xunce told the Hong Kong exchange that a subsidiary will seek up to 10 billion yuan of syndicated loans for an AI inference centre, with the parent guaranteeing the same amount because the project company cannot borrow on its own credit.
Reality
The synthetic tracks a company priced at roughly a quarter of its private peak, with about 5% of its shares actually floating, which makes the speed of the mirror more interesting than the instrument.
Reality
Half the consideration went up front and half rode on four performance metrics, and three consecutive years of missed commitments took only RMB3.39m off the price, which tells you what the earnout was for.
Reality
A life sentence, 56 prison terms and 15.82 billion yuan of penalties extract under 1 percent of what Evergrande failed to pay. Punishment is not recovery.
Reality
Lianlian DigiTech's Hong Kong filing names agent identity, spending limits and traceability as the product. Its cross-border economics say that control layer has to cost almost nothing.
Reality