HONG KONG, Jan 5 (Reuters Breakingviews) – IPO fever has caught on in Hong Kong in a big way. On Friday, shares in Shanghai Biren Technology (6082.HK), opens new tab zoomed up 76% after the Chinese artificial intelligence chip designer raised more than $700 million in its initial public offering. That came three days after…
Six debuts raise about HK$6.99 billion Hong Kong tops Asia ECM at $75 billion – LSEG data AI, tech listings drive early 2026 pipeline Three new IPO launches add HK$9.22 billion to pipeline SINGAPORE/HONG KONG, Dec 30 (Reuters) – Six Chinese companies made their Hong Kong trading debuts on Tuesday after raising about HK$6.99 billion…
Industrial profits fell 13.1% in November, biggest drop in 14 months Automotive and high-tech sectors show profit growth Weak domestic demand offsets strong exports; no new stimulus introduced BEIJING, Dec 27 (Reuters) – Profits at China’s industrial firms in November fell at their fastest pace in over a year, as weak domestic demand offset resilience…
Prestige Construction had history of safety violations before winning renovation contract, documents show Wang Fuk Court residents wrongly told by consultant that Prestige had clean safety record Homeowners repeatedly complained about costs and fire safety after Prestige won contract, tried to revoke agreement Prestige and consultant Will Power now subjects of manslaughter and anti-corruption probes…
Item 1 of 2 Clothes are displayed for sale in the ASOS pop-up store in London, Britain, November 12, 2025. REUTERS/Hannah McKay [1/2]Clothes are displayed for sale in the ASOS pop-up store in London, Britain, November 12, 2025. REUTERS/Hannah McKay Purchase Licensing Rights, opens new tab Nov 21 (Reuters) – ASOS (ASOS.L), opens new tab…
Moves comes amid concerns over AI spending Buffett previously regretted missing out on Google investment Alphabet shares have climbed 46% YTD Nov 17 (Reuters) – Alphabet’s (GOOGL.O), opens new tab shares rose 5.2% on Monday after Berkshire Hathaway (BRKa.N), opens new tab disclosed a stake in the tech giant, marking what could be one of…
The government of Hong Kong is urging residents planning to travel to Japan or those currently staying in the country to exercise caution. Hong Kong’s Security Bureau updated information about travel to Japan on its website on Saturday. It says, “Since mid-2025, there has been an increasing trend of attack incidents against Chinese citizens in…
Q3 net loss widens to $365 million from $323 million a year ago Revenue jumps 36% in Q3, but tariffs and costs hit margins Shares drop as much as 17% Nov 12 (Reuters) – Polestar reported a wider third-quarter loss on Wednesday and said it would conduct a reverse stock split – reducing the number…
April cyber hack disrupted turnaround momentum ‘Factory to floor’ supply chain overhaul underway 120 million pound investment in automation Aims to double fashion, home and beauty online sales LONDON, Nov 12 (Reuters) – Marks & Spencer is revamping its supply chain from “factory to floor”, the retailer’s new fashion boss told Reuters, as it looks…
Nov 10 (Reuters) – Tesla (TSLA.O), opens new tab board chair Robyn Denholm thanked the electric-vehicle maker’s shareholders on Monday for approving CEO Elon Musk’s $878 billion pay package. The approval marks one of the largest compensation votes in corporate history and underscores investor willingness to bet on Musk’s leadership as Tesla pursues its next…