Cayman Islands

New Business

BeOne Medicines to bring more cancer drugs to Hong Kong, thanks to easier approval regime

BeOne Medicines, a global drug company that originated in mainland China, plans to launch more cancer drugs in Hong Kong…

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New Business

2 listed China Resources units plan to redomicile in Hong Kong as part of global expansion

Two listed companies under China Resources Group are planning to redomicile from the Cayman Islands to Hong Kong, marking the…

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New Business

Yunfeng Financial invests US$44 million in ether amid Hong Kong’s virtual asset push

Yunfeng Financial Group, backed by Alibaba Group Holding founder Jack Ma, said it was investing in the cryptocurrency ether as…

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New Business

Manus AI lays off China staff, scrubs social media, shelves mainland service

The company behind the general-purpose artificial intelligence (AI) agent Manus laid off most of its staff in Beijing last week,…

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New Business

Hong Kong wants to be the dominant domicile for the world’s biggest companies

The main talking point for Hui, the Secretary for Financial Services and the Treasury, has been a new law, enacted…

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New Business

Hong Kong lawmaker calls for support of city’s Web3 sector after Tron founder flags fraud

A Hong Kong lawmaker urged global investors to maintain confidence in the city’s Web3 industry after cryptocurrency mogul Justin Sun…

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New Business

Panda vs samurai: China’s panda-bond market size tops Japan’s amid yuan internationalisation

China’s so-called panda bonds – yuan-denominated debt securities issued by offshore companies operating on the mainland – have exceeded Japan’s…

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Tech

Chinese autonomous-driving firm WeRide seeks up to US$440 million in US IPO, placement

A group of investors agreed to buy US$320.5 million worth of ordinary shares via private placements, the filing shows. Alliance…

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Tech

Autonomous driving unicorn WeRide files for US IPO amid expansion plans in China, overseas

WeRide – a Cayman Islands holding company whose operations are mainly conducted by Guangzhou Wenyuan Zhixing Technology and its subsidiaries…

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Tech

Stanley Ho’s youngest son Mario leads first listed Chinese company in the esports industry

NIP, which achieved a milestone as the first listed Chinese company in the esports industry, raised a total of US$20.25…

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