City leader makes familiar pitch to attendees at summit, citing Hong Kong's ability to help global firms enter mainland China and vice versa Hong Kong's leader has called on scientists, leading ...
Shein targets $27 billion valuation in long-awaited Hong Kong IPO
The fast-fashion giant said it would use the proceeds raised to strengthen its technology infrastructure, as well as strengthen its global presence.
Shein to pay up to $3.5 billion to select pre-IPO investors around Hong Kong listing
By Yantoultra Ngui and Selena Li HONG KONG, Aug 24 (Reuters) - Online fast-fashion retailer Shein will pay up to $3.5 billion to selected existing investors — almost twice the fresh capital it is ...
University of Hong Kong wins ABU Robocon 2026
A team from the University of Hong Kong has won an annual robot performance competition sponsored by the Asia-Pacific Broadcasting Union.
Hong Kong’s new frontier: Where the Philippines grows global
In little more than a decade, the Philippines has built a formidable dual engine of growth—a manufacturing base exporting electronics and components to every major market, powered by one of the ...
Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AI
SHANGHAI, Aug 24 (Reuters) - The Hong Kong-listed shares of Alibaba slumped on Monday after the Chinese e-commerce and cloud computing company launched a $10.2 billion share placement, as investors ...
Fast fashion giant Shein valued at up to $27 billion in Hong Kong IPO
By Yantoultra Ngui and Kane Wu HONG KONG, Aug 24 (Reuters) - Online fast-fashion retailer Shein's valuation has dropped by around 70% from a near $100 billion private market peak four years ago, as it ...
Alibaba shares fall 8% after $10 billion Hong Kong share sale
Aug 24 (Reuters) - Alibaba shares fell 8% in early Hong Kong trade on Monday after the tech company finalised a HK$80 billion ($10.21 billion) share placement at HK$112.70 apiece, in a deal aimed at ...
Fast fashion giant Shein valued at up to US$27 billion in Hong Kong IPO
Online fast-fashion retailer Shein's valuation has dropped by around 70 per cent from a near US$100 billion private market peak four years ago, as it aims to raise up to HK$13.86 billion (US$1.77 ...
Hong Kong homebuyers left cold by prices in far-flung tech hub
Hong Kong’s ambitious plan to create a technology hub near the mainland Chinese border faces an early test after the first residential sales in its Northern Metropolis got off to a middling start.
Shein launches up to $1.8 billion Hong Kong IPO
HONG KONG, Aug 24 (Reuters) - Online fast-fashion retailer Shein launched book building for a Hong Kong initial public offering on Monday, aiming to raise up to HK$13.86 billion ($1.77 billion), according to an offering prospectus.
His Hong Kong vigils marking Tiananmen are gone, his allies convicted. Still, he discreetly marks the 1989 massacre
Years after Hong Kong's annual vigil for the Tiananmen Square crackdown ended, former organizer Tang Ngok-kwan still discreetly visits former memorial sites in the city. On Friday, several of his ...
2 pro-democracy activists convicted in Hong Kong, face up to 10 years in jail: ‘Most unjust’
Hong Kong’s High Court on Friday convicted two pro-democracy activists of inciting subversion, highlighting their use of the phrase “end one-party dictatorship” in their political activities. Lee Cheuk-yan,
Alibaba launches $10 billion Hong Kong share placement to fund AI spending
Aug 23 (Reuters) - China's Alibaba on Sunday launched a HK$80-billion ($10.2 billion) share placement to fund artificial intelligence-related development. A deal by the Chinese e-commerce and cloud computing giant would mark the largest-ever primary follow-on offering by a Hong Kong-listed company.