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Alibaba launches Wan3.0 AI video model after $10 billion share saleThe new model can generate 30-second videos from documents, spreadsheets, slides and web pages, Alibaba Cloud said in a post on the WeChat ...
Global Market: Shein valuation falls 70% from peak as Hong Kong IPO targets $1.77 billionShein launched its Hong Kong IPO at a valuation of up to $27 billion, around 70% below its 2022 peak, as slowing growth, rising costs and r...
Global Market: Alibaba rout drags China, Hong Kong markets lower amid AI spending concernsChina and Hong Kong stocks fell sharply on Monday, led by technology shares, after Alibaba’s $10.2-billion share placement revived concerns...
Global Market: Alibaba shares slide after $10.2 billion share placement to fund AI expansionAlibaba shares fell as much as 10% after the company launched a $10.2 billion share placement to fund AI expansion. The discounted offering...
Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AIAlibaba said on Sunday its HK$80 billion ($10.21 billion) share placement finalised at HK$112.70 apiece - an 8.4% discount to its Friday cl...
Taiwan accuses China of silencing political dissentTaiwan's Mainland Affairs Council has called on Beijing to liberate two pro-democracy activists from Hong Kong, who were found guilty of su...
Shein targets Hong Kong market debut on September 1, sources sayShein has set its Hong Kong initial public offering for September 1, a slight delay from earlier projections. The company's growth has slow...
Lee Cheuk-yan, Chow Hang-tung: The activists behind Hong Kong's Tiananmen vigilsTwo Hong Kong activists were convicted of inciting subversion under the national security law. Lee Cheuk-yan and Chow Hang-tung led vigils ...
Evergrande’s rise and fall: A timeline of China’s property crisisEvergrande founder Xu Jiayin received a life sentence and massive fines, marking a dramatic turn. The developer's collapse highlights ongoi...
Global Market: China, Hong Kong stocks rebound as healthcare and tech shares rallyChina and Hong Kong stocks rebounded on Thursday, led by healthcare and technology shares, after a sharp selloff in the previous session. F...
I-T unearths Rs 1.29 lakh cr foreign remittancesThe tax probe has found that a substantial portion of the money moved to a handful of overseas destinations. Singapore, the UAE, Hong Kong,...
Hong Kong Exchange posts record profit as AI, tech IPO boom drives fundraisingHong Kong Exchanges and Clearing posted record first-half 2026 results, with profit rising 24% to HK$10.6 billion. Strong IPO activity, par...
Singapore plans tax breaks, easier visas to attract fund managersSingapore plans tax exemptions on certain fund-management profits and wider access to a five-year visa for investment professionals as it c...
Global Market: Chinese stocks slide as semiconductor and robotics shares tumbleChinese stocks tumbled on Wednesday as semiconductor and robotics shares came under heavy selling pressure, with weak corporate earnings an...
World's second most visited city sees tourist arrivals jump 12%, welcomes 31 million in 7 monthsIn early 2026, Hong Kong experienced a remarkable surge in tourism, welcoming over 31 million visitors. With enhanced global connectivity a...
Global Market: Chinese, Hong Kong stocks slip as AI shares retreat; energy stocks gainChinese and Hong Kong stocks declined as investors booked profits in AI and technology shares, while energy stocks gained amid rising Middl...
Shein eyes company valuation of around $25 billion in Hong Kong IPOSingapore-headquartered Shein, known for selling $5 dresses and $10 jeans to shoppers in about 160 countries, is aiming to launch its much-...
China chip designer Kiwimoore plans Hong Kong IPO at $2 billion valuationKiwimoore plans to list in Hong Kong in the first half of 2027. Founded in early 2021, Shanghai-based Kiwimoore makes networking technology...
Global Market | Shein plans Hong Kong stock market debut on August 28: ReportsShein is reportedly planning a Hong Kong IPO on August 28, reviving its long-awaited public listing plans after exploring New York and Lond...
Global Market: China stocks rise on AI optimism; Hong Kong shares mostly flatChinese mainland stocks advanced, led by optical communications and technology shares, as strong AI demand forecasts boosted sentiment. Hon...