fundraising

New Business

BYD raises up to US$5 bln in its biggest post-IPO funding for research and global growth

China’s largest electric vehicle (EV) maker BYD plans to raise up to HK$40.7 billion (US$5.05 billion) in a primary share…

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New Business

HSBC to raise US$1.5 billion in perpetual convertible bonds as it gears up for loan growth

HSBC Holdings plans to issue a total of US$1.5 billion in perpetual bonds, the third round of fundraising since June,…

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New Business

Hong Kong to ease IPO rules for mainland Chinese firms in boost for global ambitions

Hong Kong’s financial regulators have pledged to ease listing requirements for mainland Chinese companies, as they eye the city’s stock…

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New Business

Hong Kong’s Community Chest feels the pinch as cracks in economy, markets hit donations

It is the season to give as the year-end festivities approach. But cracks in the economy in recent years have…

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Tech

AeroHT, flying car affiliate of Chinese EV maker Xpeng, raises US$150 million in financing

“The fresh capital will strengthen AeroHT’s research and development, realise mass production of our products and speed up the commercialisation…

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