RoboSense lost as much as 3.5 per cent in its debut, falling to HK$41.50 in morning trade on Friday, down from its IPO price of HK$43, giving it a US$2.4 billion market capitalisation.
Airport Authority to issue HK$5 billion retail bonds
The Airport Authority on Friday announced plans to offer HK$5 billion in retail bonds to fund capital expenditures, including its third-runway ...
Alibaba-backed lidar maker RoboSense dips in Hong Kong debut
When RoboSense met investors in Hong Kong during the pre-IPO fundraising, one investor asked the company why Tesla does not use lidar sensors and was not convinced by the answer. They did not invest ...
HKTDC-Led Hong Kong Delegation Makes a Resounding Comeback at CES 2024
The Hong Kong Trade Development Council (HKTDC), in partnership with Hong Kong Science and Technology Parks (HKSTP) and the Hong Kong Electronic Industries Association (HKEIA) Ltd, is delighted to ...
Robosense shares fall on debut in first Hong Kong IPO of 2024
The Chinese LiDAR sensor maker raised about HK$985.12 million ($126.14 million) in its initial public offering, the first in the Hong Kong bourse in 2024.
Hong Kong conglomerate pushes for mental health support in stressed-out financial hub
Employee sentiment in Hong Kong has plummeted amid a wave of negative indicators for the city Read more at straitstimes.com.
Airwallex sought way around Hong Kong anti-money laundering rules
The chief executive of the payments giant, backed by Tencent, asked staff if it was possible to “remove” a requirement of customer vetting, messages show.
Courtroom drama is Hong Kong’s highest grossing Chinese language film ever
Analysts suggest popularity of A Guilty Conscience is down to portrayal of recent abuses in judicial system ...
Hong Kong Tennis Open: Rublev overcomes ‘stressful’ start to beat Broady and advance to quarter-finals
Top seed Andrey Rublev overcomes stubborn Briton Liam Broady to win second-round encounter at Victoria Park 6-4, 7-6, setting up last-eight clash with Arthur Fils.
HKBN Named as Official Network Partner of The Bank of China Hong Kong Tennis Open 2024
The Hong Kong, China Tennis Association ("HKCTA") and HKBN Group are excited to announce that HKBN has been appointed as the Official Network Partner for the Bank of China Hong Kong Tennis Open 2024 ( ...
Citi targets China investment bank unit launch, 30 new hires by end 2024-source
Citigroup Inc is aiming to launch its wholly owned China investment banking unit as early as the end of this year and hire about 30 people for the business, a person with direct knowledge of the ...
Hong Kong will not sell residential, commercial land this quarter amid slow demand
Hong Kong said on Thursday it will not sell any residential or commercial land in the first three months of 2024, citing sluggish market sentiment and high vacancy rates respectively.
Hong Kong stocks trade close to 2-week low as Fed minutes curb wagers on aggressive rate cuts
Hong Kong stocks decline for a third straight day as worries about China’s growth outlook lingers and traders tamp down their expectations about an imminent rate cut in the US.
Hong Kong’s retail sales rise by 15.9% in November against year ago as tourism continues to bounce back
Provisional figures released by Census and Statistics Department show sales for November reached HK$34.2 billion Government spokesman says growth matched 'revival of inbound tourism' and further ...