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China’s UBTech Robotics eyes US$400 million in Hong Kong share placement

UBTech Robotics, one of China’s top makers of humanoid robots, plans to raise HK$3.11 billion (US$399.6 million) through a share…

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3SBio spin-off Mandi banks on hair-loss and weight-loss drugs in Hong Kong IPO bid

Mandi, the Alibaba Health-backed consumer healthcare arm being spun off from mainland drug maker 3SBio, filed for an initial public…

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Evergrande liquidators set November-end deadline for bids on property services unit

Liquidators for the delisted China Evergrande Group have asked “selected bidders” to submit their offers by the end of the…

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China developer CR Land seeks US$260 million from stake sale in property services arm

Chinese developer China Resources Land (CR Land) plans to raise more than HK$2 billion (US$260 million) by selling a 2.17…

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Satellite maker Uspace pivots to AI applications at new tech centre in Shenzhen

A unit of Uspace, Gang Hang Ke, will spearhead the centre’s establishment, the company said in a filing with the…

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Hong Kong scion Adrian Cheng backs London-based multi-asset broker CBCX

Adrian Cheng Chi-kong, former heir apparent to Hong Kong property giant New World Development (NWD) and founder of investment firm…

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Hong Kong set for IPO flurry with Sany Heavy Industry leading the charge

The Hong Kong stock exchange is poised for a blockbuster day next week, as four stocks – including Sany Heavy…

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Alibaba, Ant buy top 13 floors of One Causeway Bay in vote of confidence for Hong Kong

Alibaba Group Holding and Ant Group have agreed to pay HK$7.2 billion (US$925 million) to buy the top floors of…

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CK Life unit merges with TransCode as Li Ka-shing firm eyes anticancer drugs pipeline

CK Life Sciences International is set to merge its subsidiary Polynoma with Nasdaq-listed TransCode Therapeutics, in a move expected to…

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Henry Tang’s son buys 2 flats in Wheelock’s Kadoorie Hill in boost to property market

The son of former financial secretary Henry Tang Ying-yen has bought property in Kowloon, joining a growing number of affluent…

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