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.
Report: HSBC HK Requires Mainland CN Investment Clients to Confirm Source of Funds, Services May Be Terminated for Failure to Submit on Time
Following requirements for new account openings to confirm that funding sources are legitimate channels outside Mainland China, HSBC Hong Kong has recently issued notices to certai... Open trading ...
‘Huge influx’: expat retirees projected to drive Hong Kong’s premium home demand
Wealthy expats increasingly choose Hong Kong as retirement base, lured by its low-tax regime and international connectivity, analysts say.
Hong Kong’s Chan Says City Must Respond to AI’s Risks for Jobs
Hong Kong needs to respond quickly to the challenges to the job market posed by developing technologies such as artificial intelligence and must ensure young people are equipped to deal with the changes,
40 Teams Gather in Hong Kong to Compete in the “AI x Cybersecurity Challenge”
HONG KONG SAR - Media OutReach Newswire - 23 August 2026 - The AI x Cybersecurity Challenge, jointly organised by the Digital Policy Office of the Hong Kong Special Administrative Region Government, the Chinese Academy of Cyberspace Studies,
Chinese, Southeast Asian ride-hailing firms eye Hong Kong amid licensing roll-out
Transport chief Mable Chan says more than 7,500 people have applied for new combined taxi and ride-hailing vehicle written test.
Licence to savour: Hong Kong craft brewers push for on-site beer permits
When a 100-strong South Korean tour group approached a Hong Kong craft beer manufacturer for a tour and tasting session, the operator declined their request. The refusal was not down to a lack of ...