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Month: June 2025

Posted on 18/06/2025

Alibaba-Backed ‘AI Dragon’ MiniMax Is Said to Plan Hong Kong IPO

MiniMax is considering an initial public offering in Hong Kong, people familiar with the situation said, in what would be a landmark industry debut for a Chinese AI startup valued at about $3 billion.

Posted on 18/06/2025

Alibaba-backed Chinese AI startup MiniMax reportedly eyeing Hong Kong IPO

Chinese artificial intelligence startup MiniMax is planning an initial public offering in Hong Kong that could happen as early as this year, according to a Bloomberg report on Wednesday.

Posted on 18/06/2025

Beijing’s reform could bring Hong Kong-listed Alibaba, Tencent to Shenzhen: HSBC

Regulators are keen to ‘deepen the reform and opening-up of Shenzhen’ through H to A listings, according to the bank’s analysts.

Posted on 18/06/2025

New World reportedly strikes deal for Louis Vuitton megastore in Hong Kong

Louis Vuitton, Société Européenne, New World Development Company Limited LVMUY: Luxury At A Discount - A Contrarian Buy? LVMH: If Not Now, When? LVMH: Scarcity Sells In An Age Of Abundance Hong Kong’s ...

Posted on 18/06/2025

BlackRock launches hedge fund for retail investors in Singapore and Hong Kong

SINGAPORE] BlackRock has launched an Asia-Pacific-focused hedge fund for retail investors in Singapore and Hong Kong, the world’s largest asset manager with US$11.6 trillion in assets under management ...

Posted on 18/06/2025

Kai Tak Sports Park drew 590,000 concertgoers in first 3 months since opening, Hong Kong gov’t says

Around 590,000 people attended concerts held at Hong Kong’s Kai Tak Sports Park in the first three months after it opened, with over half of them tourists, the government has said. Secretary for ...

Posted on 18/06/2025

Hong Kong to act as launch pad for Chinese companies’ global push in pact with Shanghai

Mainland Chinese companies will use Hong Kong’s capital market as the launch pad for their global growth, according to an action plan signed on Wednesday with Shanghai to connect the premier onshore ...

Posted on 18/06/2025

11 arrested in joint operation by Singapore, Hong Kong and Malaysia police against scam syndicate

A joint operation targeting a transnational scam syndicate saw the arrest of 11 individuals aged between 24 and 48 across Singapore, Malaysia and Hong Kong. The operation, which took place from April ...

Posted on 18/06/2025

Hong Kong Michelin-recommended eatery Ancient Moon to shutter after 11 years

Hong Kong’s Michelin-recognized restaurant Ancient Moon, which serves Singaporean and Malaysian food, will shut down next month after 11 years of business.

Posted on 18/06/2025

Hong Kong returns to top 3 in global competitiveness: report

Hong Kong has climbed two spots to rank third in the World Competitiveness Yearbook 2025 published by the Switzerland-based International Institute ...

Posted on 18/06/2025

Hong Kong, Japan and Malaysia lead Asia in fully aligning with ISSB rules

Singapore and Australia are solely focused on climate disclosures, while South Korea omits industry-specific data. As standard-setters ease Scope 3 reporting requirements, the ISSB may also ...

Posted on 18/06/2025

Banu Ladles Up New Hotpot Choice For Hong Kong Investors

A new Hong Kong IPO application by hotpot chain Banu International Holding Ltd. is offering a complex mix of the latest restaurant trends in China, suggesting consumers are becoming more frugal but ...

Posted on 18/06/2025

The two cities signed an agreement to strengthen the development of banking, insurance, financial derivatives and trade settlement

The two cities signed an agreement to strengthen the development of banking, insurance, financial derivatives and trade settlement.

Posted on 18/06/2025

MingMed seeks Hong Kong listing to fund research and launch Botox alternative

Drug developer says it will set up an incubation centre in the Hong Kong Science and Technology Park in the third quarter.

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