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Hong Kong’s IPO juggernaut projected to raise up to US$45 billion in 2026: KPMG

Hong Kong’s initial public offering (IPO) market is expected to raise up to HK$350 billion (US$45 billion) next year, extending…

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New Business

Hong Kong stocks extend losses as Wall Street caution weighs on sentiment

Hong Kong stocks fell for the third consecutive day on Wednesday, tracking a lacklustre session on Wall Street, as investors…

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New Business

Tencent quits Paramount’s Warner Bros bid amid US regulatory concerns

Chinese social media and gaming giant Tencent Holdings has pulled out of US media group Paramount Skydance Corp’s takeover bid…

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New Business

Why Japanese firms in China are unfazed by rising tensions: ‘we’ve been careful’

Beijing and Tokyo’s war of words over Taiwan was expected to be bad news for Japanese businesses in China. Previous…

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New Business

Hong Kong stocks extend losses amid rate-cut caution and muted China policy outlook

Hong Kong stocks extended their losing run for a fourth day on Tuesday, tracking Wall Street’s overnight pullback, as traders…

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New Business

Mainland China tycoon pays US$32.1 million for Hong Kong penthouse as luxury deals pick up

A duplex penthouse at Kerry Properties’ Mont Verra development in Beacon Hill, Kowloon Tong, sold for HK$250 million (US$32.1 million)…

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New Business

From capital funding to clean, green credibility: UOB powers Thailand’s net-zero journey

Thailand has set ambitious climate goals which include achieving carbon neutrality by 2050 and net-zero greenhouse gas emissions by 2065.…

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New Business

Happy Valley nano flats rival The Peak as Hong Kong’s rent squeeze deepens

Hong Kong’s surging residential rents show little sign of easing, with tiny flats in traditionally mid-priced Happy Valley now fetching…

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New Business

ByteDance’s agentic AI smartphone dials up a digital backlash from China’s top apps

ByteDance, the owner of TikTok, has moved to tighten controls on its artificial intelligence-powered smartphone after several of China’s most…

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New Business

Volkswagen to invest $186b through 2030

FRANKFURT: Volkswagen Group plans to invest 160 billion euros ($186 billion) through 2030, its CEO Oliver Blume said, reflecting belt-tightening…

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