Beijing-based supplier of AI-powered traffic lights system plans to raise at least US$200 million, founder and chairman Yan Jun says.
Hong Kong’s Hang Seng recovers some lost ground as some Asian markets advance
Asian shares advanced Tuesday, led by gains in Tokyo where the Nikkei 225 shot up just over 6% as markets calmed somewhat after the shocks from U.S.
A government-owned bank can help Hong Kong weather tariff storm
Readers discuss support for businesses in a trade war, cutbacks to US Department of Education, and the timing for a sales tax Feel strongly about these letters, or any other aspects of the news? Share ...
HK shares suffer steepest decline since 1997, state fund steps in China shares
Hong Kong stocks experienced their biggest drop since 1997 on Monday after Beijing fired back at U.S. tariffs with its own trade levies, deepening market turmoil amid fears of a widening trade war, ...
Chinese AI firm AICT to submit Hong Kong IPO application by month’s end
Beijing-based supplier of AI-powered traffic lights system plans to raise at least US$200 million, founder and chairman Yan Jun says A Beijing-based artificial intelligence (AI) company is moving ...
Hong Kong stocks bounce back at opening
The Hang Seng Index gained 329.22 points, or 1.66 percent, to open at 20,157.52 points on Tuesday. Earlier, China's central bank, the People's Bank ...
Hong Kong banks report better H2 margins despite CRE risks
Margins and income improved in H2 2024 compared to H1.. Four banks in Hong Kong— Bank of East Asia (BEA), Dah Sing Bank, China CITIC Bank International, and Naynang Commercial Bank— saw a better H2 ...
Pateo Connect Revs Up For IPO, Belching Widening Losses And Slumping margins
Pateo Connect has filed for a Hong Kong IPO, reporting its revenue jumped by 70.9% last year as its net loss widened The smart cockpit maker's gross margin is slipping amid intense competition and its ...
Backing from BioNTech powers ADC specialist DualityBio toward $200M Hong Kong IPO
Duality Biologics has begun (PDF) offering stock, wading into a market reeling from Presid | Duality Biologics has begun offering stock, wading into a market routed by Trump’s tariffs in pursuit of up ...
Hong Kong stock exchange closes with biggest loss in almost 30 years
The financial markets are experiencing a catastrophic Monday. Due to Donald Trump's trade war, stocks are being sold en masse. The Hong Kong stock exchange saw the biggest drop since 1997: on Monday ...
Lawmakers urge Hong Kong stock exchange to speed up reforms, sharpen edge
Hong Kong Exchanges and Clearing (HKEX) should implement changes to its listing rules and other improvement plans as soon as possible, lawmakers said in a monthly financial affair ...
ADC startup DualityBio seeks Hong Kong IPO amid precarious market
Multi-partnered ADC startup Duality Biologics is moving forward with its initial public offering plans on the Hong Kong Stock Exchange.
Hong Kong stock market plunges most since ’97 crisis amid tariffs panic
Hong Kong’s stock market has suffered its steepest single-day decline in nearly three decades amid a wave of panic selling brought on by United States President Donald Trump’s tariff announcements.
Hong Kong stocks end 13.22% down, worst since 1997 Asian financial crisis
The Hang Seng Index ended down 13.22 percent, or 3,021.51 points, to 19,828.30 -- its heftiest drop since 1997 during the Asian financial crisis -- while the Shanghai Composite Index shed 7.34 percent ...