The Hong Kong dollar-denominated ETF — which tracks the Bitcoin Reference Rate by Chicago’s CME CF Cryptocurrency Benchmarks — rose 2.3% in its debut.
Alibaba-Backed Chinese AI Startup Files for Hong Kong IPO
MiniMax has confidentially filed for an initial public offering in Hong Kong, according to people familiar with the matter, signaling the onset of a race among China’s generative AI startups to tap …
Chinese AI firm MiniMax targets $4 billion-plus valuation in Hong Kong IPO, sources say
HONG KONG (Reuters) -Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 billion in the flotation, which could happen before …
MiniMax, the ‘world-class’ AI start-up lauded by Jensen Huang, applies for Hong Kong IPO
MiniMax aimed to raise between HK$4 billion and HK$5 billion, but its deal size and valuation could change depending on market conditions, Reuters said.
China threatens to squash Panama ports deal unless its shipping giant gets an equal stake: report
The deal hands over more than 40 global ports owned by Hong Kong business magnate Li Ka-Shing to US asset manager BlackRock and Mediterranean Shipping Company.
Sales of villas, luxury homes rise to 3-year high in Hong Kong on demand by wealthy buyers
HK$500 million each were registered in the first half, a jump of 23.3 per cent from the same period last year, Centaline said Sales of villas, bungalows and luxury homes in Hong Kong soared to a three …
Hong Kong property sector could face challenges but ‘risks are manageable’: FSDC chair
There is no need to worry about anything like ‘too big to fail’ because the fact is, the property sector only represents a small portion of Hong Kong’s economy and bank loa …
Billionaire Cheng Family Faces Fire Sale: New World’s $1.9B Mall on the Block Amid Debt Crunch
New World Development is exploring a potential sale of its flagship 11 Skies retail complex near Hong Kong International Airport as it faces mounting liquidity pressure, according …
Bull stock market, low interest rates hypercharge Hong Kong resi market
Hong Kong residential market could be in for a sustained rebound after a boost from a rallying stock market and low interest rates …
Hong Kong Property: Challenged But Resilient – Seeking Alpha
The Hong Kong property market, known for its high prices, is navigating challenges due to factors like rising rates, slow post-COVID recovery and close ties to mainland China.