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China’s Anjoy Foods eyes Southeast Asia and Europe after Hong Kong listing

Anjoy Foods Group, mainland China’s largest producer of frozen hotpot ingredients, said it plans to expand in overseas markets like…

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New Business

How Huawei’s silicon strategy defies US sanctions to advance China’s AI ambitions

Huawei’s advanced AI chip initiative, however, suddenly faced a major obstacle a year later in August 2020, when the US…

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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

Why Hong Kong is China’s undisputed hub for global finance, at Shanghai’s expense

When Yan Jun was looking around last year for a stock market to raise capital for his Beijing-based traffic-control software…

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New Business

Bitcoin hits record high as US-China trade tensions ease, crypto sentiment improves

Bitcoin rose to its highest level on record on Wednesday, eclipsing the previous high from January, as risk sentiment continues…

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New Business

‘Not going away in 90 days’: Wall Street skeptics sit out rebound trade as data shows toll

Michael Mullaney’s mind was elsewhere during the market rebound this week, even as stocks surged, borrowing costs for Corporate America…

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Alibaba investors hail e-commerce giant’s AI pivot as it plots major investment outlay

Alibaba’s Hong Kong-listed shares surged 15 per cent to close at HK$138.50 on Friday, following an 8 per cent gain…

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JPMorgan boosts BYD share price target by 60% on strong growth projections

JPMorgan Chase has raised its price target for BYD by more than 60 per cent, as it expects China’s leading…

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New Business

China’s Sany Heavy Industry eyes US$1.5 billion Hong Kong IPO, sources say

Chinese manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to US$1.5 billion, two…

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New Business

Chinese spatial design firm Manycore Tech files for IPO in Hong Kong

Chinese start-up Manycore Tech, operator of the world’s largest spatial design platform, has applied for an initial public offering (IPO)…

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