KPMG

New Business

Green Tea makes tepid trading debut in Hong Kong as traders gird for CATL’s IPO next week

Green Tea Group had a tepid trading debut in Hong Kong on Friday, as traders sidestepped its small stock sale…

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New Business

Asia-Pacific venture capital funding hits decade low as US steals limelight, KPMG says

Venture capital investment in Asia-Pacific fell to the lowest level in more than a decade last quarter, while mega deals…

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New Business

Xpeng-backed Breton, a maker of EV dump trucks, plans US$30 million Hong Kong IPO

Breton Technology, backed by Chinese electric vehicle maker Xpeng, plans to raise HK$234 million (US$30 million) from its Hong Kong…

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New Business

Fifth time lucky? Chinese restaurant chain Green Tea makes another Hong Kong IPO attempt

Mainland Chinese restaurant chain Green Tea Group has received approval from the Hong Kong stock exchange for an initial public…

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New Business

China’s imports, exports cool as US tariffs cast chill over trade

China’s export growth slowed in the first two months of 2025 compared to the end of 2024, a slackening observed…

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New Business

British Virgin Islands to study feasibility of global minimum tax rate next month: premier

The British Virgin Islands (BVI), one of the preferred incorporation destinations for Hong Kong and mainland Chinese companies, may conduct…

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New Business

Chinese start-up 01.AI founder Lee Kai-fu denies rumours of asset sale to Alibaba Cloud

In a WeChat post on Tuesday, the start-up denounced as “vicious slander” recent talk that it was looking to sell…

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New Business

US Federal Reserve set to cut interest rates as Trump prepares for second term

The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday…

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New Business

Hong Kong’s IPO market to end 3-year slump amid China support, rising confidence

Initial public offerings (IPOs) in Hong Kong are bouncing back, shaking off a slow start to the year as more…

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Tech

HKMA, Cyberport collaborate on GenAI sandbox to foster adoption in city’s banking industry

The HKMA did not specify the eligible requirements for the GenAI sandbox and its application process, but said these details…

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