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HONG KONG GOVERNMENT ACCOUNTABILITY
Chinese chip firm Biren Tech seeks up to $838 million in Hong Kong placement, term sheet showsChinese chip maker Biren Tech is reportedly looking to raise a substantial amount, aiming for up to $838 million through a placement in Hon...- Why South Korea's World Cup exit has become a national political controversySouth Korea's World Cup exit has ignited a national outcry, prompting presidential calls for an investigation and the coach's resignation. ...
- Hong Kong's AUM hits record $5.4 trillion on 193% rise in inflowsHong Kong has taken numerous steps to attract wealth in recent years, an attempt to rebound after the city lost some of its allure in the w...
- In Graphics: India’s wealthy cement their seat on the high tableWhile the USA remains the primary millionaire factory, India outpaced many developed markets in growth. India’s wealth is rooted in real as...
- New Zealand warns missing police certificates could lead to student, temporary visa refusalsNew Zealand now mandates police certificates for temporary visa applicants, including students. Applications lacking this crucial document ...
- AI driving credit risk, may threaten jobs and tax revenues in developed economies: FitchFitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...
- China's Nexchip Semiconductor seeks up to $890.3 million in Hong Kong share saleNexchip's raising follows a slew of Chinese technology firms seeking to raise funds in Hong Kong's red-hot capital markets, with Apple supp...
- Global Market: Financial firms shift Asia expansion focus to South Korea, take cautious stance on China and IndiaGlobal financial firms are increasingly prioritising South Korea for Asia-Pacific expansion while adopting a cautious approach towards Chin...
- Chinese tech manufacturers rush to list in Hong Kong, seeking nearly $6 billionThe biggest of the five offerings is Shenzhen-listed Apple supplier Luxshare Precision Industry, looking to raise up to HK$24.27 billion ...
- India tops Taiwan to reclaim fifth spot in global market capitalisationIndia has surged back to the fifth spot globally in market capitalization, surpassing Taiwan. This marks India's second ascent in recent we...
- Badminton Asia Junior Team Championship: India lose to Hong Kong in quarterfinalsIndia's Badminton Asia Junior Mixed Team Championship journey concluded with a narrow 1-2 quarterfinal defeat against Hong Kong. Despite a ...
- China, India see top firms lose market cap share in AI lagMajor stock markets in China, India, and Hong Kong are lagging in the global AI race, with top companies now holding a smaller market share...
- China's Momenta kicks off Hong Kong IPO, targets up to $751 millionThe IPO comes as Chinese technology firms are returning to public markets, helped by investor demand for companies tied to AI, chips and au...
- Baidu's AI chip unit Kunlunxin targets $50 billion Hong Kong IPO: ReportInvestors have been asked to buy chips with a value three to seven times the worth of their planned subscription in Kunlunxin's initial p...
- 6 best day trips from Hong Kong you shouldn't missHong Kong offers much more than its famous skyline, making it a great starting point for memorable day trips. Whether you're looking for sa...
- Chinese AI, chip firms are driving an onshore IPO reboundChina's tech IPOs are experiencing their strongest year since 2023, driven by Beijing's push for self-reliance in chip and AI sectors amid ...
- Global Market: Apple supplier Lingyi's shares up 6% in Hong Kong debutShares of Lingyi iTech opened 6% higher in the Chinese precision parts maker's Hong Kong debut on Friday, after the Apple supplier raise...
- Cathay Pacific to reduce flight fuel surcharges from July 1Cathay Pacific Airways is set to reduce its fuel surcharges for most passenger flights starting July 1, following a dip in jet fuel costs. ...
- 'Do not use': US banking giants JPMorgan and Goldman Sachs restrict Anthropic AI access abroad. Here's whyMajor US banks, JPMorgan Chase and Goldman Sachs, have restricted employees outside the US from using advanced AI tools like Anthropic's Cl...
- At Hong Kong auto show, China automakers target wealthy in right-hand-drive marketsChinese car companies are targeting wealthy buyers in right-hand-drive nations. They are introducing premium electric vehicles to new marke...
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