Moonshot AI completes final private funding at $50B valuation before planned Hong Kong IPO in Q1 2027, aiming to raise up to $5 billion in the listing.
Hong Kong Convention and Exhibition Centre (Management) Limited
Müller, Managing Director of Hong Kong Convention and Exhibition Centre (Management) Limited (“HML”), commented, “Leveraging Hong Kong’s unique advantage as a gateway between Chinese Mainland and the ...
Moonshot AI targets Hong Kong IPO at $50b valuation
Chinese AI startup Moonshot AI is pursuing a Hong Kong stock market listing in the first quarter of next year at a valuation of $50 billion, with the initial pu ...
House China committee chair urges Fed to review Hong Kong’s access to dollar lifeline
Rep. John Moolenaar wants the Fed to rethink Hong Kong’s access to a dollar-liquidity facility as China promotes the renminbi as a global currency.
Hong Kong outlines 4-step AI talent plan to help graduates navigate job market
Permanent Secretary Kevin Choi says government aims to boost digital literacy at 'population scale', viewing AI as catalyst rather than threat Hong Kong has unveiled a four-step artificial ...
Moonshot said to eye Hong Kong IPO in early 2027 after value hits US$50 billion
Moonshot AI plans a Hong Kong IPO in early 2027 after reaching a US$50 billion valuation, aiming to raise up to US$5 billion amid regulatory reviews. Read more at straitstimes.com.
Hong Kong quizzes HSBC over Singapore AI hub decision
Hong Kong’s de facto central bank questioned HSBC on why its new AI hub would be established in Singapore and not in the Chinese territory, in a sign of the intensifying competition between the two ...
How one Hong Kong property investor still made US$30 million – after a 40% price cut
Low-profile veteran investor slashes price of Tsim Sha Tsui retail portfolio, but still secures a 12-fold return after four decades.
Russian gold floods Hong Kong as Western sanctions redraw bullion trade
The surge underscores how Russia's gold trade has been rerouted after its invasion of Ukraine in 2022 shut its producers out of major Western markets.
Hong Kong leans on the offshore yuan as its stablecoin rollout stalls
During a Legislative Council briefing, Hong Kong’s finance chief laid out a long list of measures to grow the city’s offshore yuan business. Meanwhile, two banks already hold stablecoin issuer permits ...
8 more firms from Belt and Road Initiative countries apply for IPOs in Hong Kong
Trade promotion chief Frederick Ma says interest in Hong Kong's capital markets has surged in Central Asia since official delegation visited region in June Eight more companies from countries ...
Huatai Securities Sticks to Its Buy Rating for BOC Hong Kong (Holdings) (BNKHF)
Huatai Securities analyst maintained a Buy rating on BOC Hong Kong (Holdings) yesterday and set a price target of HK$62.79. The word on The Street in general, suggests a Moderate Buy analyst consensus ...
AI deal frenzy powers Hong Kong fundraising to record summer
Bankers in Hong Kong skipped the summer break as an artificial intelligence-fueled rush for capital sent share sales to a record, defying a bruising selloff in the city’s stocks. Initial public ...
Central Asia Bank Bakai Approved to Operate in HK
Bakai Bank, a privately held commercial bank in Kyrgyzstan, has opened an office in Hong Kong, becoming the first Central Asian lender to gain a license in the financial hub.