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Ether hits record high as rate-cut expectations drive crypto rally

Ether surged to a record for the first time in almost four years, with the second-largest cryptocurrency benefiting from a…

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Hong Kong tops the US as the go-to IPO venue for Chinese start-ups as funds return to Asia

In the first of a two-part series about Hong Kong’s market for initial public offerings, Zhang Shidong and Ao Yulu…

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New Business

China’s shipments of major fertiliser surge 600%, signalling softer export curbs

Chinese shipments of urea – a major fertiliser and chemical used to reduce emissions – have surged after Beijing reportedly…

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New Business

Leapmotor’s stock and sales soar to become a new challenger in China’s booming EV market

Zhejiang Leapmotor Technology, once a fringe player in China’s electric vehicle (EV) industry, is beating all its start-up rivals by…

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New Business

Chinese pharma firms Hengrui, Hansoh expected to post strong first-half profits

Jiangsu Hengrui Pharmaceuticals and Hansoh Pharmaceutical Group, two of China’s largest drug makers, are expected to report significantly improved profits,…

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New Business

JPMorgan, UBS are positive on Hutchison as ports sale assurance eases investors’ concern

Financial analysts said they were positive on the outlook for CK Hutchison Holdings after the conglomerate said its controversial ports…

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CK Asset’s first-half profit falls 26% amid Hong Kong property market challenges

CK Asset Holdings, one of the flagship companies owned by billionaire Li Ka-shing’s family, reported weaker-than-expected first-half profit amid a…

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New Business

Chinese corporate earnings are likely to support ongoing run for stocks: analysts

The earnings season that is under way is likely to spur a solid run for Chinese stocks, as a sunnier…

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New Business

Nvidia’s printed circuit board vendor Victory Giant plans to raise funds in Hong Kong IPO

Nvidia supplier Victory Giant Technology (Huizhou) released plans for a Hong Kong share offering after regulators eased fundraising rules to…

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New Business

GSK signs US$12.5 billion licence deal with Hengrui as China rises in global pharmaceuticals

GlaxoSmithKline (GSK) will pay a Chinese company US$12.5 billion for exclusive global rights to develop a dozen drugs, in a…

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