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.
China stocks fall, Hong Kong edges higher as GDP data paints a mixed picture
HONG KONG: China stocks dropped on Tuesday, while Hong Kong shares inched higher, as China’s economy slowed in the second quarter despite beating market forecasts, with persistent property sector …
For Hong Kong’s ultra rich, champagne is cheap but legal fees top the world: Julius Baer
Hong Kong falls to third place amid dropping property prices, cheap champagne, research says Hong Kong has become relatively cheaper for wealthy individuals over the last year, dropping from second to …