Once the market settles, many investors and bankers figure, China’s growing wariness about its companies listing abroad will win the financial hub more IPOs. ( read original story ...)
Chinese Tesla rival Li Auto will aim to raise US$1.5 billion in Hong Kong IPO, surpassing its Nasdaq listing last year
Li Auto has become the second Chinese electric vehicle maker to seek a dual-listing in Hong Kong after its Guangzhou-based rival Xpeng, which raised US$1.8 billion in July. ( read original story ...)
AI could create financial unfairness, prejudice without human intervention, Hong Kong monetary chief says
Adopting technological applications based on artificial intelligence (AI) into Hong Kong's banking system raises the risk of prejudicing certain categories of people in a "systematic way", meaning ... ( read original story ...)
Korean Gaming Giant Netmarble Buys Hong Kong Casino App To Further Global Expansion
Netmarble has agreed to buy Hong Kong-based social casino game company SpinX Games for $2.19 billion in a deal that will expand the South Korean gaming giant’s business outside its home market amid a ... ( read original story ...)
China slams US offer of safe havens for Hong Kong residents
China’s Foreign Ministry on Friday attacked a U.S. offer of temporary refuge for people from Hong Kong as a “vain attempt to stigmatize" the semi-autonomous southern city and China's central ... ( read original story ...)
Taiwan won’t attend Hong Kong’s Gay Games fearing security law
Taiwan will not send a team to next year's Gay Games in Hong Kong because of fears their athletes and staff could be arrested if they wave the island's flag or use its name, the organisation that ... ( read original story ...)
Chinese EV Maker Li Auto to Raise $1.52 Billion in Hong Kong Listing – Sources
Chinese electric vehicle maker Li Auto is targetting raising $1.52 billion in its Hong Kong dual primary listing at HK$118 per share, said three sources with direct knowledge of the matter. The offer, ... ( read original story ...)
Chinese EV maker Li Auto to raise US$1.52 billion in Hong Kong listing – sources
Chinese electric vehicle maker Li Auto is targetting raising US$1.52 billion in its Hong Kong dual primary listing at HKUS$118 per share, said three sources with direct knowledge of the matter.The ... ( read original story ...)
Biden offers ‘safe haven’ to Hong Kong residents in US after China crackdown
The vast majority of Hong Kong residents currently in the United States are expected to be eligible, according to a senior administration official, but some legal conditions apply, such as individuals ... ( read original story ...)
Li Auto Said to Guide Pricing Hong Kong Listing at HK$118 Each
Chinese electric vehicle maker Li Auto Inc. is telling prospective investors it plans to price its Hong Kong listing at HK$118 per share, setting it up to raise about $1.5 billion, according to people ... ( read original story ...)
Startups shut out of US face tougher Hong Kong IPO rules
Chinese startups hungry for foreign capital are increasingly turning to Hong Kong as hurdles to list in the United States multiply. But not every firm will make the cut, and those that do might have ... ( read original story ...)
Hong Kong Bourse Expected To Remain Rangebound
The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had spiked more than 1,220 ... ( read original story ...)
SynBio Startups Bolt Threads and Ginkgo Team Up To Disrupt Beauty Industry
Bolt Threads will use Gingko Bioworks' strain engineering platform to scale its b-silk protein, which can replace synthetics in skincare. ( read original story ...)
Street food hawkers in Hong Kong: a tale of corruption, crackdowns and the black comedy of the food truck fiasco
Hong Kong food hawkers are a dying breed, their demise a loss for the city’s culture. The recent shambolic launch of food trucks in their place was doomed to fail, as stifled by red tape as the ... ( read original story ...)