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MiniMax’s Hong Kong IPO set to hit US$538 million amid Chinese AI sector frenzy

MiniMax is set to raise at least HK$4.2 billion (US$537.7 million) by pricing its Hong Kong initial public offering (IPO)…

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New Business

Insilico signs US$888 million AI drug-development deal days after Hong Kong IPO

The deal comes just days after the US company’s shares debuted following its initial public offering (IPO), which raised HK$2.28…

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New Business

The ‘biology winter’ thaws: why investors are piling into Hong Kong’s biotech IPOs

Hong Kong’s biotech fundraising momentum is expected to extend into 2026, as licensing deals and strong post-initial public offering (IPO)…

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New Business

Hong Kong office leasing rebound lifts outlook for 2026, but rents remain under pressure

Hong Kong’s battered office sector showed cautious signs of life in 2025, supported by improved take-up in core districts and…

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New Business

Turning point: China doubles IPOs in 2025 amid eased curbs to drive tech innovation

Initial public offerings (IPOs) in mainland China nearly doubled in 2025 from a year earlier after the securities regulator rolled…

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New Business

Travellers hoof it in China as horseback tourism makes strides

Hong Kong-based entrepreneur Chan Shan Shan is a frequent traveller to mainland China. But rather than the usual activities or…

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New Business

Hong Kong property market hits 4-year high in 2025 as sales top HK$616 billion

Hong Kong’s property market rallied to a four-year high in 2025 following the city government’s easing measures and lower interest…

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New Business

More issuers turn to Dubai listings as yuan bonds gain traction in the Middle East

More Chinese and local issuers could tap Dubai to list debt and equity securities, signalling confidence in the Chinese economy…

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New Business

Hong Kong mortgage recovery holds in 2025 despite end-of-year wobble

Hong Kong’s mortgage market lost some momentum in November, official data showed, though activity over the first 11 months of…

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New Business

China’s top contract chipmakers pursue acquisitions amid Beijing’s self-sufficiency drive

Those big-ticket transactions – 8.27 billion yuan (US$1.2 billion) for Hua Hong and 40.6 billion yuan for SMIC – signalled…

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