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Month: May 2025

Posted on 16/05/2025

ZENLIFE enters Asia: “One of the most promising markets”

The local company that distributes chocolate-coated vitamins is expanding to the Far East: “Zenlife offers an indulgent approach to vitamin consumption and combats the phenomenon of ‘pill fatigue’." ...

Posted on 16/05/2025

China’s Foshan Haitian to raise about $1 billion in Hong Kong listing, sources say

China's Foshan Haitian Flavouring and Food Company has received approval from the Hong Kong Stock Exchange to list in the city and it aims to raise about $1 billion, according to two sources with ...

Posted on 16/05/2025

Covid Cases Spike In Hong Kong, Singapore As New Wave Spreads

The surge in two of Asia's biggest cities comes as Covid has risen across the region in the past few months, with waves of the now-endemic disease swelling periodically.

Posted on 16/05/2025

CATL’s dilemma: top-of-the-range Hong Kong IPO price may take fizz out of trading debut

CATL’s 6.7 per cent discount to its Shenzhen-traded shares is much lower than the average 25 per cent discount for dual-listed Chinese firms.

Posted on 16/05/2025

Distressed Hong Kong Builder Parkview Gets Private Loan From PAG

Hong Kong’s Parkview Group has obtained a HK$300 million ($38 million) private credit loan from investment firm PAG, according to a person familiar with the matter, as banks grow reluctant to extend ...

Posted on 16/05/2025

Ex-Goldman banker leads China’s push to revive Hong Kong finance

HONG KONG] The crowd was taken aback as China’s point person for financial matters in Hong Kong laid out plans to re-energise the city’s markets. Read more at The Business Times.

Posted on 16/05/2025

China’s CATL raises $4.6 billion in Hong Kong listing, term sheet shows

Chinese battery giant CATL has raised $4.6 billion in its Hong Kong listing by setting the final price of its shares at HK$263 each, showed a term sheet seen by Reuters.

Posted on 15/05/2025

Meitu founder’s wife buys Hong Kong luxury home for US$60 million

Wang Baoshan paid 22 per cent less than the asking price for the 5,466 sq ft detached house at 8 Perkins Road.

Posted on 15/05/2025

China’s CATL powers up for overseas push with US$4.6 billion Hong Kong IPO

City’s largest share sale in four years shows Beijing’s determination to push China’s EV technologies worldwide, analysts say.

Posted on 15/05/2025

HSBC-backed Hang Seng Bank to cut jobs as part of restructure

By Selena Li HONG KONG (Reuters) -Hong Kong-based lender Hang Seng Bank said on Thursday that it was restructuring its business and streamlining duplicate roles in a move that would lead to job losses ...

Posted on 15/05/2025

Singapore biotech start-up Mirxes launches IPO in Hong Kong to raise $181 million

Trading in the shares is expected to start on May 23. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 15/05/2025

Hong Kong is solid plan B for robotaxi operator

Hong Kong is calling for robotaxi operator Pony AI . The $6 billion Chinese company is exploring an offering in the city just six months after its New York initial public offering, Bloomberg reported ...

Posted on 15/05/2025

Mega Earthquake Hitting Japan Soon? Rumours Push Hong Kong Tourists To Cancel Travel Plans

Online rumours warning that a huge earthquake will soon strike Japan are taking a toll on travel firms and airlines ...

Posted on 15/05/2025

Hong Kong watchdog issues burn risks after tests on non-stick frying pans

Of 24 models tested, issues included fire safety, overheating, failure to reach standard cooking temperature and blistering.

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