The firm plans to use 55% of the IPO proceeds for research and development, focusing on next-generation vehicles.
Hong Kong sticking with 2-3% growth target despite rate cut: Paul Chan
Finance chief maintains earlier forecast of city’s economic growth this year, despite base interest rate cut to 4.5 per cent on Thursday.
More Hongkongers feel anxious about using up their savings in retirement: McKinsey survey
Only 16 per cent of those aged 55 to 65 and 23 per cent of those over 65 have set aside HK$10 million for retirement, the survey says.
Hub71 Startup Immersion Programme launched at Investopia Hong Kong
Hub71, Abu Dhabi’s global tech ecosystem, has launched the Hub71 Startup Immersion Programme at Investopia Hong Kong, reinforcing its commitment to building cross-border bridges that accelerate ...
Hongkong Land to sell residential business MCL Land for $578 million
(Reuters) -High-end property developer Hongkong Land said on Thursday it has agreed to sell its MCL Land residential development business to a member of Malaysian conglomerate Sunway Bhd for S$739 ...
Hongkong Land to sell MCL Land to Malaysia’s Sunway for $578 million, boost buyback
Property group Hongkong Land said on Thursday it has agreed to sell its MCL Land residential development business to a unit of Malaysian conglomerate Sunway for S$739 million ($577.98 million).
Policy Address by Hong Kong SAR’s Chief Executive John Lee: Building an international hub for business, investment and new industries
Leveraging the Technology Enterprises Channel to assist Mainland technology enterprises in raising funds in Hong Kong, exploring shortening the stock settlement cycle to T+1, and encouraging more ...
One of the rarest birds in the world finds a city sanctuary in Hong Kong
Yellow-crested cockatoos have found a sanctuary in Hong Kong's urban parks, but they face housing troubles similar to their human neighbors.
Hong Kong Stock Market Welcomes Major Automotive IPO! Chery’s 20-Year Dream Finally Realized, Leading the Globalization of Chinese Cars with Hard-Core Strength
Behind this impressive performance is Chery's long-standing commitment to a technology-focused strategy—starting from the successful development of its first engine with independent intellectual ...
Medcaptain Pursues Hong Kong IPO Following Newfound Profitability
Medcaptain sells its life-support and testing products in more than 140 countries and regions, with strong positions in several specialist markets; More than half o ...
Zijin Gold’s Hong Kong IPO draws heavyweights GIC, Millennium and Hillhouse, sources say
The company could raise more than US$3 billion and could start taking orders from other investors and the public as soon as Friday.
HSBC, Standard Chartered, BOCHK cut prime rates for first time since December
Hong Kong's three note-issuing banks - HSBC, Standard Chartered and Bank of China (Hong Kong) - will trim their prime lending rates for the first time since December, reducing funding costs and ...
China’s No 2 carmaker Chery seeks US$1.2 billion in Hong Kong IPO
Chery Automobile, China's second-largest carmaker by volume, aims to raise as much as HK$9.14 billion (US$1.2 billion) through a Hong Kong stock offering, joining a wave of mainland companies tapping ...
Hong Kong and UAE strengthen financial ties with ETF and fund accords
Strengthened collaboration reflects growing participation by Middle Eastern funds as cornerstone investors in recent Hong Kong IPOs.