The shares first changed hands at HK$190.60, a jump of 68.5 per cent from the initial public offering (IPO) price of HK$113.12 when trading began at 9.30am.
Monthly Archives For May 2025
Factbox-China Exempts Some US Imports From Tariffs
(Reuters) -China has granted tariff exemptions on select pharmaceuticals, microchips and aircraft engines from its 125% retaliatory tariffs on U.S. goods imposed after President Donald Trump unleashed his tariffs in April.
US imposes Iran-related sanctions on third China ‘teapot’ refinery, ports
U.S. President Donald Trump’s administration on Thursday imposed sanctions on a third Chinese independent – or “teapot” – oil refinery, and port terminal operators in China for purchases of Iranian oil.
China-led funds spur largest monthly inflow into gold ETFs in three years
The inflow into physically backed gold exchange-traded funds in April was the largest since March, 2022, with China-listed funds leading the move due to the country’s trade war with the U.S., data …
Chinese companies line up to sell ‘innovation bonds’, capitalising on Beijing’s technology push
Chinese banks, brokerages and private equity firms are among companies kicking off plans on Thursday to sell so-called sci-tech innovation bonds.
China issues disaster prevention and mitigation plan to ensure stable grain harvest
China has recently issued a disaster prevention and mitigation plan to ensure a stable grain harvest, urging major efforts in response to drought, high temperatures and heat damage, national …
Crypto Price Prediction: PEPE, TRUMP, BONK Lead Rally Ahead of Trump’s ‘Big Announcement’
The crypto price prediction today, May 8, is bullish amid widespread gains driven by President Donald Trump, who has teased an upcoming “big …
Sports brand Puma adapts supply chain for China tariffs impact, hints at US price hikes
German sportswear brand Puma has reduced the amount of merchandise it ships to the United States from China to adapt its supply chain to tariffs, and could increase prices in the U.S., the chief …
Xi Jinping tries to press China’s advantage in South America
Xi Jinping, China’s president, will welcome South American bigwigs to Beijing for China’s biggest diplomatic jamboree since Donald Trump took office. Among them will be Luiz Inácio Lula da Silva (known as Lula),
US AI execs to give Congress policy wishlist for beating China
Top executives at American AI giants OpenAI, Microsoft and AMD are set to appear at a U.S. Senate hearing on Thursday and outline ways they believe Washington can stay ahead of Beijing in the artificial…
China’s digital innovation praised by 86% of respondents in a global survey: report
BEIJING, May 8 — six percent of respondents praised China’s advancements in digital technology, according to a report released Wednesday by Renmin University of China (RUC) in Beijing.
Trump Says He’ll Raise Jimmy Lai’s Case in China Trade Talks
President Donald Trump said he will raise the case of ex-media mogul Jimmy Lai as part of US trade talks with China, a move likely to antagonize Beijing just days before the two sides meet.
Russia’s VEB development bank plans $42 billion in funding for projects with China, chairman says
Russian state development bank VEB plans to provide around 3.5 trillion roubles ($42.74 billion) in funding for joint projects with Chinese businesses, VEB head Igor Shuvalov said on Thursday as the two countries’ leaders held…
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