Shares of Horizon Robotics Inc. jumped nearly 38% early in their trading debut in Hong Kong Thursday, adding to optimism over a revival in initial public offerings in the Asian financial hub.Most Read …
BUSINESS
Import expo to boost openness, market access
The 7th China International Import Expo, which is scheduled to be held in Shanghai from Nov 5 to 10, is a significant effort by the world’s second-largest economy to enhance its high-level openness …
HK IPO Swells China Software Tycoon’s Fortune to Near $1 Billion
While studying for his computer science Ph.D. at the University of Munich, Kai Yu stood out as an ambitious researcher who showed he wanted to be a top name in his field, according to Professor…
Horizon Robotics launches Hong Kong IPO with Alibaba, Baidu support and TSMC manufacturing
Horizon Robotics, a Chinese autonomous driving technology provider, aims to raise US$696 million through its Hong Kong IPO, potentially providing a boost to the city’s listing market after a prolonged downturn.
China Resources Power shares dive 5.8% after firm raises US$927 million via placement
Meanwhile, rival China Longyuan Power gains after deal to buy wind-farm assets from controlling stakeholder Shares of China Resources Power (CRP), one of the nation’s most profitable power generators,
China’s Flood of Exports Threatens Global Stability
The stakes for Xi Jinping’s current round of reforms are far higher than simply meeting this year’s growth target, Christopher Smart writes in a guest commentary.
China’s Richest Are Desperate To Get Their Fortunes Out Of The Country By Any Means Necessary
China’s wealthiest citizens are resorting to dubiously legal methods to get their money out of the country as economic turmoil …
Intercont’s IPO Plans Highlight Falling Revenue And Excessive Valuation
Limited filed proposed terms for a $30M US IPO and it faces significant operating and regulatory risks. Find out why NCT stock is a Sell.
Gucci-owner Kering posts 16% fall in Q3 sales on weak China demand
French luxury goods group Kering warned on Wednesday its full-year operating income would almost halve after reporting a larger-than-expected drop in third quarter sales, as weak demand in China …
China Market Update: Hong Kong IPOs Take Flight
Asian equities were mixed overnight despite a stronger US dollar. Hong Kong and South Korea outperformed, while Thailand was closed for Chulalongkorn Day, a national holiday commemorating His Majesty …
Brides for Sale? China’s Proposal to ‘Import’ Foreign Women Causes Online Uproar
China’s gender imbalance leads to a proposal for importing foreign brides, raising concerns over human trafficking and cultural issues.
Brides for Sale? China’s Proposal to ‘Import’ Foreign Women Causes Online Uproar
China’s gender imbalance leads to a proposal for importing foreign brides, raising concerns over human trafficking and cultural issues.
China Carmakers Set to Double Overseas Capacity to Beat Tariffs
Chinese automakers could more than double their overseas full-process manufacturing capacity to beat punitive import tariffs and meet surging demand in emerging markets, according to BloombergNEF.
