Chinese artificial intelligence startup MiniMax Group said on Thursday it has set the final offer price for its Hong Kong initial public offering at HK$165 per share, raising HK$4.82 billion ($618.60 ...
Hong Kong tech firms make strong showing at CES 2026 with award-winning innovations
Hong Kong tech companies win major awards and attract global buyers at CES 2026, reinforcing the city’s role as an international innovation hub.
Chinese AI Stock Surges After IPO—with More Offerings to Come
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Zhipu Leads China’s ‘AI Tigers’ With Hong Kong IPO
Its listing marks a milestone for the country’s broader AI industry, which has been under pressure from tightening U.S. technology restrictions.
China to probe Meta’s acquisition of artificial intelligence startup Manus
China said on Thursday it would assess and investigate Meta’s acquisition of artificial intelligence startup Manus, in a move highlighting its technology rivalry with the U.S.. Meta announced last ...
Montage Technology plans up to $1 billion Hong Kong share sale in January, sources say
Chinese semiconductor designer Montage Technology plans a second listing in Hong Kong via a $800 million to $1 billion share offering as soon as this month, said two people with knowledge of the ...
Hong Kong bookstore owner pleads not guilty to using shop as unregistered school
Pong Yat-ming to be tried for violating Education Ordinance by hosting a Spanish class at his bookstore, Book Punch, in April last year.
Three Chinese tech stocks gain in Hong Kong debuts as investors jump on AI, robotics
Chinese start-up Zhipu AI headlined a trio of technology new listings in Hong Kong on Thursday, in a key test of investor confidence in China’s AI industry as it goes head to head with US giants.
Baillie Gifford, GIC are said to buy shares in MiniMax’s HK$4.8 billion Hong Kong IPO
Shares of MiniMax, one of China’s largest generative AI startups that is seen as a challenger to OpenAI Read more at The Business Times.
Chinese OpenAI Challenger Zhipu’s IPO Mints New Billionaire
Zhipu, which operates a ChatGPT-like service called Z.ai, raised $558 million in the IPO. Its chairman, Liu Debing, amassed a fortune of $2.1 billion based on his stake in the Chinese AI model company ...
HSBC Wins Hang Seng Shareholder Backing for $14 Billion Buyout
Hang Seng Bank Ltd.’s minority shareholders backed a $14 billion buyout offer from parent HSBC Holdings Plc, supporting the UK lender’s move to double down on Hong Kong.
Hang Seng Bank shareholders approve HSBC’s $13.6 billion buyout proposal
HONG KONG, Jan 8 (Reuters) - Hang Seng Bank (0011.HK), opens new tab shareholders on Thursday approved a plan by its majority owner HSBC (HSBA.L), opens new tab to take the bank private, in a landmark ...
Hang Seng Bank shareholders back HSBC’s US$14 billion privatisation bid
HSBC, which already owns 63 per cent of Hang Seng Bank, received backing from 85.75 per cent of the independent shareholders.
Zhipu AI Soars in Hong Kong Stock Market Debut as Chinese Startup Becomes World’s First LLM Firm to Go Public
(Yicai) Jan. 8 -- Shares of Knowledge Atlas Technology Joint Stock, also known as Zhipu AI, surged on their first day of trading in Hong Kong, with the Chinese startup becoming the world's first large ...