Hong Kong

New Business

ByteDance, SenseTime unveil model updates as China’s AI race heats up

China’s artificial intelligence (AI) market sees heightened competition, as various model providers – from SenseTime to ByteDance – step up…

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New Business

Developing | Chery’s stock to debut in third quarter as carmaker uses Hong Kong as global springboard

Chery Automobile, China’s second-largest automobile maker by volume, is aiming to complete its initial public offering (IPO) in Hong Kong…

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New Business

Debt crunch at New World stokes risk of ‘downside scenario’ in Hong Kong home prices: S&P

The liquidity crunch at New World Development (NWD), one of Hong Kong’s biggest developers, is a blemish on the resurgent…

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New Business

Haitian eyes US$1.22 billion Hong Kong IPO as soy sauce maker joins beeline for the city

Foshan Haitian Flavouring and Food Company, the largest listed condiment producer in mainland China, is seeking to raise up to…

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New Business

Asia sees ‘concerning’ rise in long payment delays amid turbulence: report

Companies across the Asia-Pacific region – and especially those in China – are becoming more cautious about selling on credit,…

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New Business

Tencent Music to buy Ximalaya, an audio app used by 300 million users

Tencent Music Entertainment Group, China’s largest online music platform by user count, announced on Tuesday its acquisition of audio content…

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New Business

Hong Kong stocks rise on optimism over ongoing US-China trade talks

Hong Kong stocks advanced slightly on Tuesday as traders remained hopeful that ongoing trade talks between mainland China and the…

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New Business

Hong Kong exchange operator’s share surge to continue amid IPO wave, Morgan Stanley says

Morgan Stanley raised its target price for HKEX to HK$500 from HK$440 on Sunday, citing the operator’s strong year-to-date performance…

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New Business

The View | Hong Kong’s stock market has revived but what of the property sector?

Hong Kong needs all the help it can get. Since 2018, the city has suffered one shock after another, preventing…

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New Business

Chinese students reconsider UK degrees as fees rise, visa rules tighten

After she graduated last summer, Aroma Wu quickly realised that if she wanted a career in China’s tech industry, she…

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