The IPO had raised HK$35.7 billion ($4.6 billion) according to a company filing, reportedly making it the largest global listing in 2025.
Tagged By blockchain
GM to stop exporting U.S.-made cars to China
The move comes as the United States and China continue discussions on tariffs and other trade issues. GM exported vehicles from the United States to China through its Durant Guild …
Chinese battery giant CATL seeks $4 bn in Hong Kong IPO
Chinese battery giant CATL makes its debut on the Hong Kong stock exchange on Tuesday, with the firm aiming to raise $4 billion in the largest initial public offering (IPO) in the city so far…
Third time lucky? Richard Li’s insurer FWD files to list in Hong Kong amid rising IPO wave
The insurer has received preliminary interest from potential investors for its third attempt to list in Hong Kong, sources say.
GM joins Ford in halting exports to China as potential tariffs loom
Goods imported into China from the US faced tariffs of more than 100% before the two countries agreed to lower the levies for 90 days.
China’s Economy Stumbles As It Fails To Shake Off Trump’s Tariff Gut Punch
New economic data shows key Chinese industries continuing to struggle in the wake of President Donald Trump’s reciprocal tariffs. Retail sales, which track the sale of new and used goods to the …
First pictures of China’s terrifying mothership with 100 ‘kamikaze drones’
With a wingspan measuring 25 metres, the mothership can fly for 12 hours and has a maximum range of 7,000 kilometres (4,350 miles).
GM to stop exporting vehicles from US to China, company says
General Motors on Friday informed employees and dealers for its China export business that it would stop shipping vehicles to China from the United States, the company said.
A Premium Brand You’ve Never Heard Of Is Crushing BMW And Mercedes
Seres Group’s Aito brand has tripled its sales in three years and outsells every Western automaker in the Chinese luxury market …
China’s new ‘drone mothership’ expected to launch for first test flight within days
When it is fully operational, Jiu Tian will release a vast swarm of up to 100 smaller drones that would work together to overwhelm an enemy’s air defence systems. View on euronews …
China Accuses US of Undermining Geneva Trade Talks With Huawei Stance
The Chinese government accused the Trump administration of undermining recent trade talks in Geneva with its warning that using Huawei Technologies Co.’s artificial-intelligence chips “anywhere in the …
China’s Xiaomi will spend $7 billion on homegrown chips amid the trade war
China’s Xiaomi will invest at least $6.9 billion over the next decade to develop its own semiconductor chips, the company announced Monday.
Trump’s massive import taxes haven’t done much economic damage — yet
WASHINGTON (AP) — For months, American consumers and businesses have been hearing that President Trump’s massive import taxes – tariffs – would drive up prices and hurt the U.S. economy. But the …
