Shares of his company Horizon Robotics Inc., which debuted in Hong Kong on Thursday, rose more than 30% in early trading, lifting the machine learning expert’s fortune to as much as $1.2 billion, …
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HKEX posts best third-quarter earnings since 2021 on China stimulus, 15 IPOs; Morningstar keeps HK$300 fair value
HKEX reported its best third-quarter earnings in three years on Oct 23, with net profit up 7% y-o-y to HK$3.15 billion in 3QFY2024 ended Sept 30.
Global food giants deepen price cuts to tempt China’s wary shoppers
International companies such as Danone and Nestle have deepened price cuts or are seeking to boost online shopping volumes to win over China’s increasingly reluctant customers, executives said.
CATL, China’s king of EV batteries, unveils new product for hybrid cars amid rising demand
Freevoy battery offers 400km of driving range before resorting to the fuel tank, twice the current ‘normal’ capability, CATL says.
China advances probe into PVH Corp
China is advancing the probe into PVH Corp, an American clothing company that owns brands such as Tommy Hilfiger and Calvin Klein, under the unreliable entity list framework, the Ministry of Commerce …
Hong Kong to keep lobbying Beijing for IPO push, Greater Bay Area benefits, Paul Chan says
Investor confidence has returned to city, Paul Chan stresses during trip to New York Hong Kong will continue to lobby Beijing to encourage more mainland Chinese companies to list in the city and …
Spain’s GFAL Bets on New Gaming Model With Blockchain Tech, Eyes Chinese Market
GFAL has also launched the $GFAL, a token that serves as the universal currency driving the gaming experience and enables players to monetize their time, according to its website. The Comisión …
Vietnam aims to have 20 reputable blockchain brands by 2030
HANOI, Oct. 24 (Xinhua) — Vietnam expects to have 20 reputable blockchain brands on blockchain technology platforms in the region by 2030, according to the newly-approved national strategy on the …
HK IPO Swells China Software Tycoon’s Fortune to $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’ Shares Jump 38% in HK After $696 Million IPO
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 …
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.
