Company sets aside 11 per cent of base offering to local investors; upsize and overallotment options could swell total proceeds to HK$6.3 billion.
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Apple supplier Lens Tech seeks up to $606 million in Hong Kong listing
The maker of mobile phone glass covers and other components for consumer electronics is part of a wave of Chinese companies listed on mainland exchanges seeking to sell shares in Hong Kong …
China’s tighter export controls squeeze wider range of rare earths
China’s export controls are spilling over into products beyond the rare earths and magnets officially identified by Beijing, threatening broader supply chain disruption and undermining US claims that …
Dalai Lama set to reveal succession plan as China watches
The Dalai Lama will address a major three-day gathering of Buddhist religious figures this week ahead of his 90th birthday, as his followers wait for the Tibetan spiritual leader to share details …
China’s Ant Group invested $3.26 billion in R&D in 2024
SHANGHAI (Reuters) -Chinese financial technology firm Ant Group said on Monday that it has increased investment in research and development (R&D) for four consecutive years since 2021, reaching a …
China resumes seafood imports from some Japan regions
China on Sunday announced it is immediately resuming seafood products imported from some Japanese regions, ending a nearly two-year overall ban imposed due to worries over Japan’s release of treated …
China’s Lens Technology to raise up to $608 million via Hong Kong listing
China’s Lens Technology Co is poised to secure up to HK$4.77 billion ($608 million) through its upcoming Hong Kong listing, reflecting a surge in equity offerings by Chinese firms aiming for global …
China’s June manufacturing activity shrinks for third month
China’s manufacturing sector faces challenges. Activity contracted for the third consecutive month in June. Factory managers struggle with weak domestic demand and sluggish overseas sales. A property …
S&P 500, Nasdaq hit records, China-US near trade deal, Nike stock soars: Live Updates
The S&P 500 and Nasdaq notched fresh records as investors dial back worries as a U.S.-China trade deal nears and tensions ease between Iran-Israel. Microsoft and Nvidia also hit records, as Nike …
China fund beats 97% of peers by buying Gen Z darlings Pop Mart, Laopu Gold
Fund is betting that new-age shopping trends can help it overcome China’s economic sluggishness. Read more at straitstimes.com. Read more at straitstimes.com.
Apple supplier Lens Technology seeks up to HK$4.8 billion in Hong Kong listing
HONG KONG] Lens Technology, a supplier to Apple, is seeking to raise as much as HK$4.8 billion (S$780 million) in a Hong Kong listing, the latest Chinese company to seek a second trading foothold in…
E-bikes jostle residents and cars in Shenzhen
The city’s rapid urbanization and digital supremacy as China’s Silicon Valley aggregated 18 million permanent residents by the end of 2024, an increase of 7.37 million from 10.63 million in 2013.
China’s Zijin Mining to acquire Kazakh gold mine in $1.2 billion deal
China’s biggest gold and copper producer Zijin Mining said on Monday it had agreed to buy one of the largest gold mines of Kazakhstan, the Raygorodok Gold Mine, for $1.2 billion. Zijin said its unit…
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