Chinese semiconductor designer Montage Technology plans a second listing in Hong Kong via a $800 million to $1 billion share offering as soon as this month, said two people with knowledge of the ...
Hong Kong bookstore owner pleads not guilty to using shop as unregistered school
Pong Yat-ming to be tried for violating Education Ordinance by hosting a Spanish class at his bookstore, Book Punch, in April last year.
Three Chinese tech stocks gain in Hong Kong debuts as investors jump on AI, robotics
Chinese start-up Zhipu AI headlined a trio of technology new listings in Hong Kong on Thursday, in a key test of investor confidence in China’s AI industry as it goes head to head with US giants.
Baillie Gifford, GIC are said to buy shares in MiniMax’s HK$4.8 billion Hong Kong IPO
Shares of MiniMax, one of China’s largest generative AI startups that is seen as a challenger to OpenAI Read more at The Business Times.
Chinese OpenAI Challenger Zhipu’s IPO Mints New Billionaire
Zhipu, which operates a ChatGPT-like service called Z.ai, raised $558 million in the IPO. Its chairman, Liu Debing, amassed a fortune of $2.1 billion based on his stake in the Chinese AI model company ...
HSBC Wins Hang Seng Shareholder Backing for $14 Billion Buyout
Hang Seng Bank Ltd.’s minority shareholders backed a $14 billion buyout offer from parent HSBC Holdings Plc, supporting the UK lender’s move to double down on Hong Kong.
Hang Seng Bank shareholders approve HSBC’s $13.6 billion buyout proposal
HONG KONG, Jan 8 (Reuters) - Hang Seng Bank (0011.HK), opens new tab shareholders on Thursday approved a plan by its majority owner HSBC (HSBA.L), opens new tab to take the bank private, in a landmark ...
Hang Seng Bank shareholders back HSBC’s US$14 billion privatisation bid
HSBC, which already owns 63 per cent of Hang Seng Bank, received backing from 85.75 per cent of the independent shareholders.
Zhipu AI Soars in Hong Kong Stock Market Debut as Chinese Startup Becomes World’s First LLM Firm to Go Public
(Yicai) Jan. 8 -- Shares of Knowledge Atlas Technology Joint Stock, also known as Zhipu AI, surged on their first day of trading in Hong Kong, with the Chinese startup becoming the world's first large ...
Hong Kong politician Bunny Chan bets US$40 million on luxury market with Stanley purchase
Businessman and National People’s Congress deputy gets nine-unit property at a 44 per cent discount, says market has bottomed out.
Divided Hang Seng investors vote on HSBC buyout plan
Hang Seng Bank shareholders were divided over HSBC's buyout proposal as investors gathered on Thursday to vote on ...
Hang Seng Bank shareholders set to back HSBC’s privatisation plan amid bad debt concerns
HSBC, which already owns 63 per cent of Hang Seng Bank, requires backing from at least 75 per cent of independent shareholders Hong Kong's banking sector is set for a landmark transformation as ...
China’s first ‘AI tiger’ goes public as Zhipu climbs in Hong Kong debut
Shares of China-backed Zhipu made small gains on their Hong Kong debut, following a $558 million initial public offering.
Startups go public in litmus test for Chinese AI
Leading Chinese artificial intelligence startup Zhipu AI soared as it went public in Hong Kong on Thursday, a day before rival MiniMax also makes its market debut in a litmus test for the country's ...