Momenta Global Ltd, a Chinese autonomous driving startup, has roped in carmaker Mercedes-Benz AG and Singapore wealth fund GIC Pte Ltd as cornerstone investors for its Hong Kong initial public ...
Baidu’s AI chip unit Kunlunxin targets $50 billion Hong Kong IPO, The Information reports
June 28 (Reuters) - Baidu's AI chip unit, Kunlunxin, is planning to go public in Hong Kong at a target valuation of $50 billion, The Information reported on Sunday, citing two sources. Investors have ...
Baidu’s AI chip unit Kunlunxin targets $50 billion Hong Kong IPO: Report
Investors have been asked to buy chips with a value three to seven times the worth of their planned subscription in Kunlunxin's initial public offering shares, the report said.
17-year-old Filipino male dies in Hong Kong, says PH Consulate
The Philippine Consulate General in Hong Kong on Sunday confirmed that a 17-year-old Filipino male fell from a bridge last Friday, June 26.
The final insurance frontier: Hong Kong spots opportunity in mainland China’s space boom
Like maritime trade centuries ago, the space economy is built on high-risk, high-value journeys. Hong Kong wants to be its insurance hub.
3 seriously injured after minibus mounts pavement in Hong Kong
Three people have been seriously injured after a minibus mounted a pavement in Hong Kong’s Kowloon City district. Police received a report around 5.48pm that a minibus travelling along Argyle Street ...
Hong Kong needs visionaries to run Kai Tak Cruise Terminal: Rosanna Law
Tourism minister also says prospective bidders sought extra time to work on proposals before government extended tender deadline ...
Net result? How a Hong Kong dim sum restaurant went big on the World Cup
Lin Heung Lau's branch in Sheung Wan has become one of the city's most unlikely venues for catching the football At a century-old teahouse in Hong Kong, a crowd of about 30 people huddles around ...
‘Heart of Kwun Tong’: hundreds say goodbye to old Yue Man Square in Hong Kong
Crowds gathered to witness permanent closure of roads as part of Urban Renewal Authority's site redevelopment Hundreds of people gathered in Kwun Tong overnight on Sunday to bid farewell to the ...
Hong Kong’s Lok Yuen wins Tapout Island BJJ tournament in Taipei
Grapplers from across Taiwan and Hong Kong competed in Taipei on Saturday at the fifth Tapout Island Brazilian Jiu-Jitsu tournament. Hong Kong’s Lok Yuen of Arch No-Gi Jiu Jitsu took the top prize, ...
3 held as Hong Kong police seize HK$180m of suspected cocaine at typhoon shelter
Hong Kong police have seized 241kg of suspected cocaine estimated to be worth HK$180 million (US$23 million) from a typhoon shelter, marking the largest bust in the past year. Acting Senior ...
Hong Kong can drive ‘China Opportunity 2.0’ push for global growth: Paul Chan
Finance chief also says Northern Metropolis megaproject can serve as destination for Chinese firms to commercialise their technologies Hong Kong is uniquely positioned to add value to Beijing's "China ...
Hong Kong originals: From oolong tea to scorpionfish soup, 3 millennials’ quest to brew a new wave of local flavours
The three co-founders of Purelifehk are unusual entrepreneurs. Unlike typical stories where entrepreneurs turn a deep-rooted passion into a business, the trio – all born in the 1980s – did not have ...
Hong Kong share sales hit five-year high as AI boom fuels fundraising
Initial public offerings, placements and block trades raised almost $44 billion in Hong Kong, a 29% jump from a year ago, data compiled by Bloomberg show.