In his third policy address, John Lee lays out steps aimed at transforming city’s traditional sectors while creating new areas for growth.
How can Hong Kong’s virtual banks stay competitive in a crowded, tightly regulated sector?
Since the Hong Kong Monetary Authority awarded its first licences in 2019, the sector has grown to include 8 virtual banks – but making money has not been easy.
With its Cybercab Design, Tesla Confused Investors
The sporty two-seater robotaxi unveiled last week underwhelmed analysts, who wonder how it will actually serve riders’ needs.
China Resources Beverage Seeks Up to $649 Million in Hong Kong IPO
China Resources Beverage Holdings Co. is seeking to raise as much as $649 million in its Hong Kong initial public offering, one of the city’s largest listings this year.
Tesla’s robotaxi hype should help Hong Kong’s stuttering IPO market
Interest in self-driving cars has gone up a gear thanks to Tesla’s recent much-hyped robotaxi event. Chinese autonomous driving firm Horizon Robotics has chosen a good time to raise funds in a Hong ...
14 things you need to know about Hong Kong leader John Lee’s policy address: liquor tax cut to IPOs
Lee announces liquor tax cuts, and new rules to eradicate substandard subdivided flats and attract more tourists from Middle East, Asean and the mainland, among others.
Horizon Robotics seeks $696 million in Hong Kong IPO, would be city’s largest in 2024
SYDNEY (Reuters) -Chinese autonomous driving firm Horizon Robotics is aiming to raise up to $696 million in a Hong Kong initial public offering, as the city's listings market shows signs of renewed ...
Hang Seng Bank, Hong Kong’s Fourth Largest, Is a Listed Subsidiary of HSBC
Although Hang Seng is only number four in the market, with a 7% market share of deposits versus 33% for HSBC, 16% for Bank of China Hong Kong, and 12% for Standard Chartered, its cost/income ratio ...
China Market Update: US Pessimism Vs. Hong Kong Optimism, China’s “There Is No Alternative” (TINA) Moment
Asian equities were largely lower, as Taiwan underperformed following ASML’s earnings miss yesterday, while Thailand and Indonesia managed to outperform.
China’s Horizon Robotics seeks $696 million in Hong Kong IPO
Chinese firm Horizon Robotics is aiming to raise up to $696 million in a Hong Kong initial public offering (IPO) as the city's listings market shows signs of renewed activity after a year-long slump.
Soy-sauce producer Haitian plans to raise US$1.5 billion in Hong Kong IPO, sources say
The Guangdong-based company is in talks with advisers on a potential share sale in the Asian financial hub and a listing could happen in the first half of next year.
Wall Street Breakfast Podcast: Alibaba, Baidu Back Horizon Robotics’ Hong Kong IPO
Alibaba invests in Horizon Robotics' Hong Kong IPO. The Container Store, Beyond announce strategic partnership. Meta must face lawsuits saying it profited from youth social media addiction.
Horizon Robotics’ US$700 million IPO boosts Hong Kong’s market after Beijing’s stimulus
Hong Kong’s IPO market is experiencing a surge in activity, driven by Beijing’s stimulus measures and improved investor sentiment.
Alibaba, Baidu invest in Horizon Robotics’ Hong Kong IPO – report
Alibaba (BABA) and Baidu (BIDU) have emerged as cornerstone investors in Hong Kong's upcoming IPO Horizon Robotics. Read more on the announcement here.