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Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
Global Market: Chinese stocks advance on AI, chip rally; Hong Kong shares slipChinese mainland stocks advanced, led by gains in AI, semiconductor and metal shares, while Hong Kong equities declined as investors booked...
Data centre component maker Zhongji InnoLight seeks $7 billion in Hong Kong listingThe listing, expected to take place on July 30, is the latest in a recent run of blockbuster debuts from Chinese AI-related companies in Ho...
ETtech Explainer: Why Moonshot AI paused Kimi K3 subscriptions within days of launchChinese AI startup Moonshot AI has stopped new subscriptions for its Kimi K3 model. This decision follows a sharp surge in user demand for ...
Shein's odyssey to listing crosses New York, London and likely finds home in Hong KongShein secured Hong Kong stock exchange approval for its long-awaited initial public offering. The company is expected to publicly file its ...
Chinese airlines order 95 Airbus jets with list price of $17.8 billion to expand fleetsThree Chinese airlines are purchasing ninety-five Airbus aircraft valued at seventeen point eight billion dollars. Air China and Shenzhen A...
Global Market: How leveraged ETFs are amplifying the AI chip trading frenzyLeveraged ETFs tracking AI chipmakers Samsung and SK Hynix have surged in South Korea. The SK Hynix-linked fund's assets have grown twentyf...
Global Market: China stocks face steep weekly losses as CXMT IPO sparks liquidity crunch fearsChinese and Hong Kong equities fell sharply as CXMT’s $8.6 billion IPO and a pipeline of large listings raised concerns that liquidity woul...
Global Market: China stocks face steep weekly losses as CXMT IPO sparks liquidity crunch fearsChinese and Hong Kong stocks slid sharply on Friday, with mainland benchmarks headed for their steepest weekly losses in over two years. In...
China's Moonshot unveils world's largest open AI model, closing in on US rivalsThe launch, which comes a month after Anthropic's Fable and Mythos models were abruptly withdrawn by the U.S. government due to security co...
Global Market: China stocks slide as tech sell-off hits mainland markets; Alibaba lifts Hong Kong sharesMainland China stocks declined on Thursday due to technology sector weakness. Hong Kong equities gained momentum, supported by Alibaba's ar...
Global Market: China stocks hold steady despite GDP miss as investors shift to consumer, financial sharesChinese stocks showed stability as investors shifted focus from technology to traditional sectors. Disappointing second-quarter economic gr...
Global Market: Chinese stocks hit three-month lows as growth worries, Middle East tensions weighChinese and Hong Kong stocks fell to three-month lows on Tuesday. Investors grew cautious ahead of key economic data and Middle East tensio...
Global Markets: Shein eyes up to $3 billion Hong Kong IPO as soon as August, Bloomberg News reportsFast-fashion powerhouse Shein is gearing up for an initial public offering in Hong Kong, aiming to secure between two to three billion doll...
Shein scheduled for Hong Kong IPO hearing on ThursdayFast-fashion retailer Shein is nearing its market debut. The company received approval from Chinese regulators for its Hong Kong IPO. Once ...
Global Markets: Chinese fast fashion retailer Shein finally wins approval for Hong Kong IPOFast-fashion titan Shein has gained approval for its Hong Kong IPO after previous attempts were blocked. Although the company has faced str...
Apple supplier Luxshare drops 4% in Hong Kong debutShares in Chinese electronics manufacturer Luxshare dropped by more than four percent in its Hong Kong debut on Thursday, after raising aro...
Global Market: Momenta Global debuts nearly flat in Hong Kong after $751 million IPOMomenta Global shares debuted on the Hong Kong Stock Exchange with a muted reception. The autonomous-driving software developer raised HK$5...
Global Market: Beijing, Hong Kong unveil measures to boost Yuan, bond and gold marketsBeijing and Hong Kong announced measures to boost financial connectivity and yuan internationalization. The southbound Bond Connect quota i...
Global Market: Profit-booking fears rise as Hong Kong's hottest IPOs face lock-up expiryHong Kong's equity market is set for a record wave of lock-up expirations, with billions of dollars' worth of previously restricted shares ...