The shares opened 42.7 per cent higher from their IPO price to trade at HK$235.40, valuing the company at US$9.3 billion.
Hang Seng Bank shareholders approve HSBC’s US$14 billion privatisation bid
HSBC receives strong backing from Hang Seng Bank’s independent shareholders, getting 85.75 per cent of the votes.
Hong Kong Tech Exhibits Immense Potential at CES 2026 with 61 Tech Companies Ready for Global Markets, Largest-ever Hong Kong Tech Pavilion features 3 Innovation Award-winning …
Taking centre stage this year, Hong Kong Tech Pavilion stars with several CES Innovation Award winning solutions, as well as world-firsts, in a display of technology strength across the Eureka Park ...
Hong Kong’s Wang Fuk Court deadly blaze: Independent committee to begin hearing in first quarter of this year
The independent committee investigating the deadly Wang Fuk Court fire that erupted in Tai Po district in Hong Kong on Nov 26 is expected to commence hearing within the first quarter of this ...
China’s AI startup MiniMax Group raises $619 million in Hong Kong IPO
Chinese artificial intelligence startup MiniMax Group said on Thursday it has set the final offer price for its Hong Kong initial public offering at HK$165 per share, raising HK$4.82 billion ($618.60 ...
Hong Kong tech firms make strong showing at CES 2026 with award-winning innovations
Hong Kong tech companies win major awards and attract global buyers at CES 2026, reinforcing the city’s role as an international innovation hub.
Chinese AI Stock Surges After IPO—with More Offerings to Come
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Zhipu Leads China’s ‘AI Tigers’ With Hong Kong IPO
Its listing marks a milestone for the country’s broader AI industry, which has been under pressure from tightening U.S. technology restrictions.
China to probe Meta’s acquisition of artificial intelligence startup Manus
China said on Thursday it would assess and investigate Meta’s acquisition of artificial intelligence startup Manus, in a move highlighting its technology rivalry with the U.S.. Meta announced last ...
Montage Technology plans up to $1 billion Hong Kong share sale in January, sources say
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 ...