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 ...
Hong Kong tech minister’s business trip to US axed 4 hours after announcement
The HK government has announced the cancellation of the technology minister's scheduled business trip to the United States without explanation.
Chinese tech firms rise in Hong Kong debut as US-China tech race heats up
Three Chinese technology firms debuted higher on Thursday after raising a combined $1.19 billion, bolstering Beijing's quest to compete with the U.S. in high-tech and setting the tone for what could ...
Hang Seng Bank shareholders set to back HSBC’s privatisation plan for Hong Kong lender
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 OpenAI rival Zhipu debuts in Hong Kong after US$558 mil IPO
Zhipu, founded in 2019 by researchers from China’s Tsinghua University, is celebrated as a pioneer in the nation’s AI industry. It is backed by Alibaba Group Holding Ltd., Tencent Holdings Ltd. and ...
What to know about Back to the Past, record-breaking new Hong Kong film starring Louis Koo
Back to the Past is the talk of Hong Kong after smashing local box office records. Here’s what to know about the movie starring Louis Koo.