DAVOS, Switzerland, Jan 23 (Reuters) – Lower valuations, government support and loose fiscal policy set against a cyclical backdrop in China is encouraging investors to rotate into technology and diversify away from the U.S., UBS fund managers told Reuters this week in Davos, Switzerland. “We like China tech in particular because there’s some success there….
Burberry reports third quarter revenue of 665 million pounds Comparable store sales up 3%, more than expected Burberry did less discounting than a year ago Strong growth in Gen Z shoppers in Greater China, Asia-Pacific Shares up 4% Jan 21 (Reuters) – Burberry (BRBY.L), opens new tab beat expectations for sales growth in the key…
Item 1 of 2 A Chinese national flag flutters in the wind with the Cheung Kong Center building and CK Hutchison logo in the background in Hong Kong, China, April 1, 2025. REUTERS/Tyrone Siu [1/2]A Chinese national flag flutters in the wind with the Cheung Kong Center building and CK Hutchison logo in the background in…
Chinese regulators have required asset sales in past deals Concentration in copper, iron ore marketing could be among top concerns, analysts and lawyers say Rio Tinto had been exploring asset-for-equity swap with China’s Chinalco before Glencore talks announced BEIJING/MELBOURNE, Jan 16 (Reuters) – The proposed tie-up between Rio Tinto (RIO.L), opens new tab, (RIO.AX), opens…
Company positions itself as a ‘chip department store’ Net profit shot up nearly 7 times in 2024, revenue jumped 28% Chip and AI firms tapping HK market as Beijing seeks self-sufficiency HONG KONG/SINGAPORE, Jan 13 (Reuters) – Shares of GigaDevice Semiconductor soared 40% in their Hong Kong trading debut on Tuesday, with investors latching on…
Zhipu and MiniMax are first Chinese ‘AI tigers’ to list MiniMax surges 78%, potential for its consumer apps in focus Zhipu jumps further on its second day of trade SINGAPORE/HONG KONG/BEIJING, Jan 9 (Reuters) – MiniMax Group (0100.HK), opens new tab, the second so-called Chinese “AI tiger” to go public, rocketed 78% higher on its…
Item 1 of 3 A view of a logo at the PUMA flagship store in New York City, U.S., July 16, 2025. REUTERS/Kylie Cooper/File Photo [1/3]A view of a logo at the PUMA flagship store in New York City, U.S., July 16, 2025. REUTERS/Kylie Cooper/File Photo Purchase Licensing Rights, opens new tab Anta has offered…
US boarded boat that escaped blockade and put up Russian flag Trump announces deal to import up to 50 million barrels of crude Venezuela’s main buyer China denounces US ‘bullying’ Oil prices fall on anticipated supply increase Opposition leader Machado’s hope for election on hold WASHINGTON, Jan 7 (Reuters) – The U.S. seized an empty…
Valuation about $6.5 billion at high end Six Chinese firms to list in Hong Kong this week MiniMax scheduled to start trading on January 9 HONG KONG/SINGAPORE, Jan 5 (Reuters) – MiniMax Group (0100.HK), opens new tab is expected to price its Hong Kong IPO at the top of a marketing range and raise $538…
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…