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Tag: finance

Posted on 23/07/2026

Hong Kong-listed Get Nice hit by cyberattack, impacting trading systems

July 22 (Reuters) - Hong Kong-listed Get Nice Holdings said on Wednesday that its units were hit by a cyberattack on July 19, temporarily affecting its electronic trading systems and other services, ...

Posted on 22/07/2026

China’s moonshot AI bets on Kimi K3 momentum, eyes $50 billion valuation ahead of Hong Kong IPO: report

Moonshot AI is reportedly beginning discussions on a final round of fundraising in August, before listing in Hong Kong, at a valuation of nearly $50 billion. The Chinese AI lab is likely to close a ...

Posted on 22/07/2026

HSBC appoints cross-bank leaders after Hang Seng privatisation, source says

HSBC has appointed cross-bank leaders to oversee seven corporate functions it has in common ​with Hang Seng Bank, which it took private last ‌year, according to a source familiar with the matter, in ...

Posted on 22/07/2026

Wall Street can wait: Why one US biotech firm is listing in Hong Kong first

Global biotech firms are increasingly being drawn to Hong Kong for its growing investor base and proximity to Chinese pharmaceutical partners.

Posted on 22/07/2026

Wahaha Heiress Loses Hong Kong Appeal Over Freeze on $1.8 Billion HSBC Account

The Hong Kong High Court upheld an asset preservation order sought by three of the late founder Zong Qinghou’s children, ensuring the funds remain secured for an ongoing lawsuit in Hangzhou ...

Posted on 21/07/2026

China’s Zhongji Innolight plans $8 billion Hong Kong IPO, sources say

By Kane Wu, Selena Li and Yantoultra Ngui HONG KONG, July 21 (Reuters) - China's Zhongji Innolight, a maker of optical transceivers, will launch a Hong Kong listing on Wednesday to raise at least $8 ...

Posted on 21/07/2026

Hong Kong Court Rejects Water Heiress Appeal Over $1.8 Billion

A Hong Kong court has dismissed a further appeal by the heiress to Hangzhou Wahaha Group Co., preserving two prior orders involving $1.8 billion in assets held in an HSBC Holdings Plc account.

Posted on 20/07/2026

Hong Kong’s HKDAP stablecoin could launch this month

A Hong Kong dollar stablecoin backed by a Standard Chartered-led venture could begin trading as early as July 31, 2026, offering the crypto market a regulated digital currency pegged to something ...

Posted on 19/07/2026

Hong Kong can serve as a ‘launch pad’ for AI firms, finance chief Paul Chan says

Comments follow call by President Xi Jinping for AI to become a key driving force for all countries to promote shared prosperity.

Posted on 19/07/2026

Moonshot AI plans Hong Kong IPO after Kimi K3 tops global AI benchmarks

Moonshot AI plans a Hong Kong IPO after Kimi K3 topped global AI benchmarks, as the startup targets a $30 billion valuation and rapid growth.

Posted on 19/07/2026

Moonshot plans to list in Hong Kong within six months at a $30 billion valuation

Moonshot AI told investors it is preparing a Hong Kong IPO in as soon as six months. ARR hit $300M in June. A new funding round values it at over $30 billion.

Posted on 18/07/2026

HSBC HOLDINGS Reportedly Seeks to Market Hang Seng’s Risky Loans

HSBC HOLDINGS (00005.HK) has started marketing Hang Seng Bank's risky loans to investors, although negotiations are expected to be challenging as private debt funds are seeking... Open a new trading ...

Posted on 18/07/2026

Will Baidu’s Hong Kong Dual-Primary Listing and Apple AI Deal Change Baidu’s (BIDU) Narrative

Baidu’s board previously approved pursuing a voluntary conversion to a dual-primary listing on the Hong Kong Stock Exchange, while the company also joined Apple’s effort to deploy artificial ...

Posted on 17/07/2026

Awards for Excellence country/territory winners 2026: Hong Kong’s best bank – HSBC

In 2025, the conviction of HSBC’s broader business transformation was most clearly expressed in Hong Kong. In the year marking its 160th anniversary in the city, the bank doubled down on its home and ...

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