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 ...
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 ...
Impending Changes to Hang Seng Index Constituents Following Hang Seng Bank Privatization
As the financial landscape continues to evolve, significant changes are on the horizon for the Hang Seng Index series, particularly due to the impending privatization of Hang Seng Bank (00011). This ...
Baidu AI Chip Unit Files for Hong Kong IPO, Targets Up to $2 Billion
Kunlunxin has hired major Chinese banks after confidentially filing for a Hong Kong listing, with deal size still under discussion.
Baidu’s AI Chip Unit Eyes Hong Kong IPO
Baidu's AI chip unit Kunlunxin is preparing for a Hong Kong IPO. It sits at the center of China's push to replace Nvidia.
Baidu’s AI Chip Arm Kunlunxin Is Said to Pick Banks for $2 Billion Hong Kong IPO
Kunlunxin has picked China International Capital Corp., Citic Securities Co. and Huatai Securities Co. as lead banks on the IPO, the people said, asking not to be identified because the information is ...
Scaling Personalisation: How Bank of China (Hong Kong) Is Redefining Advisory for a New Generation
Mobile Is the New Frontline: Clients increasingly expect advisory updates, alerts and communications to be delivered via mobile apps, especially in Hong Kong and broader Asia. Opening the panel, Leung ...
Baidu’s AI Chip Unit Kunlunxin Prepares for Hong Kong IPO to Raise Up to $2 Billion
Baidu Inc (NASDAQ: BIDU) is moving forward with plans to list its artificial intelligence chipmaking subsidiary, Kunlunxin, in Hong Kong, in a deal that could raise as much as $2 billion, according to ...
China Everbright Bank reshuffles independent board seats as Liu Qiao joins, Hong Yongmiao departs
China Everbright Bank Co ( ($HK:6818) ) just unveiled an announcement. China Everbright Bank has appointed Liu Qiao as an Independent ...
TheraVectys Is Said to Mull Hong Kong IPO in Rare Move for Non-Chinese Biotech Firm
TheraVectys SA is considering an initial public offering in Hong Kong, according to people familiar with the matter, a rare move for a non-Chinese biotech firm despite a wave of listings in the Asian ...
Davis Polk, KWM, Fangda, Jingtian Drafted In As Chinese AI Companies Launch Multi-Million Dollar Hong Kong IPOs
Several other Chinese AI companies have listed in Shanghai in recent months raising billions of dollars. In Hong Kong, AI issuer IPOs are also heating up.
Why TheraVectys is reportedly considering Hong Kong for public market debut
TheraVectys SA is weighing Hong Kong for its public market debut as biotech listings rebound and Asia’s funding role grows.
Hong Kong bank deposits rise in November as lending stays flat
The Hong Kong dollar loan-to-deposit ratio edged down to 73.2% at end-November from 73.6% at end-October. Deposits with authorised institutions in Hong Kong increased in November 2025, whilst lending ...