Chinese autonomous driving firm Horizon Robotics has priced its shares at the top of its range to raise HK$5.4 billion ($696 million) according to a term sheet seen by Reuters, making it the biggest …
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China’s Horizon Robotics raises $696 million in biggest Hong Kong IPO of 2024, term sheet shows
China’s Horizon Robotics Set to Price Shares at Top of Range to Raise $696 Million in Hong Kong IPO, Sources Say
(Reuters) – Chinese autonomous driving firm Horizon Robotics has priced its shares at HK$3.99 each, the top of its range, to raise $696 million in an initial public offering in Hong Kong, according to …
Apple CEO visits China for second time this year as sales slump
Apple CEO Tim Cook was in China for the second time this year, he said on social media Tuesday, as the US technology giant seeks to shore up slumping sales in a crucial overseas market.…
China’s Capital Inflow Jumps in September as Firms Shift to Yuan
Chinese companies rushed to shift money back into their home market last month as US rate cuts reduced returns on dollar assets, leading to the largest monthly capital inflow in about two years.
China’s Q3 economic losses from natural calamities surge
China’s third-quarter economic losses due to natural disasters, from super typhoons to floods, more than doubled from the first six months of 2024. Direct economic losses in July to September reached 230 billion yuan ($32.
China’s Horizon Robotics set to raise $696 million in Hong Kong IPO, sources say
By Scott Murdoch and Kane Wu (Reuters) -Chinese autonomous driving firm Horizon Robotics has priced its shares at HK$3.99 each, the top of its range, to raise $696 million in an initial public …
China unveils first diagnosis guidelines to battle escalating obesity crisis
China’s National Health Commission (NHC) published its first set of guidelines to standardise the diagnosis and treatment of obesity, with more than half of China’s adults already overweight and obese,
China iron ore imports head for record even as steel output slips: Russell
China, which buys almost three-quarters of global seaborne iron ore, is likely to import as much as 120mln metric tons this month, according to vessel-tracking and port data …
In a Malaysian Pop-Up City, Echoes of China’s Housing Crash
Forest City was an audacious $100 billion project by a top Chinese developer. Today, the project is a fraction of what had been planned and the developer is broke.
China’s Agents of Chaos
China’s approach could be especially effective in the event of a war. If Beijing and Washington had to battle, the axis is now powerful enough and coordinated enough on military matters that it could fight…
‘China Is Living In 2050’: Viral Reel Shows How Customers Can Pay By Scanning Their Palms. Here’s How It Works
Palm scanning payments are being utilised across a wide range of industries, from retail to public transportation.
Foreign trade of China’s economic powerhouse hits record high
GUANGZHOU – Guangdong province, a powerhouse of China’s economy, has reported a new record in its foreign trade for the first three quarters of the year, with imports and exports reaching 6.75 …
Sibos conference in Beijing reveals China’s financial openness
BEIJING – The Swift International Banker’s Operation Seminar 2024 (Sibos 2024) opened Monday in Beijing, a milestone demonstrating the country’s openness in the finance sector as it is the first time the Chinese capital has…
