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HONG KONG MARKET
Global Market: China stocks rebound, but weekly loss looms as AI rally coolsChina’s mainland stocks gained on Friday, but major benchmarks remained on track for weekly losses as fading momentum in AI shares and elev...
China stocks head for weekly loss as AI rally loses steamChinese stocks posted gains on Friday, though the week ended with a decline. A notable shift in investor focus moved away from AI shares to...
Chinese AI firm Moonshot files confidentially for Hong Kong IPOMoonshot's latest version, Kimi K3 released in July, has met with positive reviews and robust demand, and sources have said the startup is ...
JSW Sports enters international sports IP market with Hong Kong Sixes partnershipJSW Sports has entered the international sports market by partnering with Hong Kong Sixes. This partnership will manage commercial and mark...
Global Market: China, Hong Kong stocks fall as global bond selloff, oil surge weigh on sentimentChinese and Hong Kong stocks fell as rising oil prices, higher bond yields and geopolitical tensions intensified inflation and interest-rat...
Global Market: Shein shares slip after lacklustre Hong Kong debutShein shares fell over 3% after a weak Hong Kong debut, highlighting investor concerns over valuation, slowing growth and shrinking margins...
Behind Shein’s empire is founder Sky Xu who prefers the shadowsShein's founder, Sky Xu, appeared briefly at the Hong Kong stock exchange debut. He maintained a reclusive persona, unlike other company le...
Global Market: China equities muted as Hong Kong stocks slide amid global risksChinese equities remained largely subdued on Tuesday, with defensive sectors cushioning losses in technology stocks. The Shanghai Composite...
Global Market: Shein's weak listing draws analyst concerns over valuation and marginsShein shares fell 8% on their Hong Kong debut despite strong IPO demand, reflecting concerns over slowing growth, tariffs, trade restrictio...
Global Market: China’s IPO boom gains momentum as AI, robotics fuel investor appetiteChina’s IPO market is gaining momentum, fuelled by strong investor appetite for AI, robotics and advanced technology companies. Hong Kong a...
Global Market: China, Hong Kong stocks slip as weak economic data and property overhaul weighChinese and Hong Kong stocks declined as weak economic data highlighted a fragile recovery, while new measures to reform China’s housing pr...
AI and robotics drive an IPO boom in China as Shein lists in Hong KongIn the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due to debut Tuesday in Hong Kong in a...
Global Market: Shein’s Hong Kong debut marks a major shift towards its Chinese rootsShein is set to debut in Hong Kong, marking a shift toward embracing its Chinese roots after failed US and UK listing efforts. Regulatory a...
Global Market: China stocks steady as property shares offset Biotech, chip lossesChinese stocks were largely steady on Friday as gains in property shares offset losses in biotechnology and semiconductor stocks. The Shang...
Global Market | Shein set to raise $1.7 billion in Hong Kong IPO at $26.5 billion valuation: ReportsShein is expected to price its Hong Kong IPO near HK$48.56 per share, raising about $1.7 billion at a $26.5 billion valuation. The listing ...
Global Market: China stocks rise as Nvidia outlook boosts AI and hardware sharesChina’s mainland stocks rose on Thursday, led by AI, semiconductor and hardware companies after Nvidia delivered an upbeat revenue outlook,...
Global Market: China, Hong Kong stocks rise as AI rebound boosts investor sentimentOn Wednesday, stocks in China and Hong Kong surged, reflecting a favourable global market environment. Technology and artificial intelligen...
Global market: Mainland China stocks slip as metal shares drop, investors await Jackson Hole cuesMainland Chinese stocks declined, led by non-ferrous metals, amid Middle East tensions and caution ahead of Jackson Hole. Investors await F...
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...