China tech giant Tencent’s Q2 profit down as AI push builds

    Shenzhen-based Tencent is the developer and operator of China’s multifunctional app WeChat (Hector RETAMAL) Chinese tech firm Tencent posted quarterly net profit Wednesday that was short of expectations, as the gaming and advertising giant looks to monetise its heavy investment in artificial intelligence. Shenzhen-based Tencent is the developer and operator of China’s multifunctional app WeChat,…

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      KLN Signs MOU with Advantech and YDCare to Support Digital Transformation of Hong Kong’s Healthcare System

      HONG KONG, July 13, 2026 /PRNewswire/ — KLN Logistics Group Limited (‘KLN’; Stock Code 0636.HK) announced that its healthcare subsidiary, KLN Medical Limited (‘KLN Medical’), has signed a tripartite Memorandum of Understanding (MOU) with Advantech Co., Ltd. (‘Advantech’; Stock Code 2395.TW), a global leader in IoT intelligent systems and embedded platforms, and YDCare, a medical…

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      LanzaTech JV raises about $75M in Hong Kong IPO

        LanzaTech JV raises about $75M in Hong Kong IPO

        LanzaTech JV raises about $75M in Hong Kong IPO Proactive uses images sourced from Shutterstock A joint venture part-owned by LanzaTech Global, Inc. (NASDAQ:LNZA) raised roughly $75 million in gross proceeds through an initial public offering on the Hong Kong Stock Exchange, the carbon management company said Wednesday. Beijing Shougang LanzaTech Technology Co., Ltd., a…

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        The offering drew investors from more than 30 markets across Asia, Europe, the Middle East and the Americas, according to the Hong Kong Monetary Authority. Photo: Jonathan Wong

          Hong Kong secures US$3.5 billion to fund Northern Metropolis and green projects

          Hong Kong has raised HK$27.6 billion (US$3.5 billion) through a green and infrastructure bond sale to finance the Northern Metropolis and low-carbon transformation projects. The offering drew investors from more than 30 markets across Asia, Europe, the Middle East and the Americas, signalling global institutional investors’ confidence in Hong Kong’s development, the Hong Kong Monetary…

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          Rossana Chu, YYC Legal

            No more physical share certificates | Hong Kong

            Following years of preparation, Hong Kong regulators are implementing the Uncertificated Securities Market (USM) in 2026, with the objective of enhancing market efficiency, strengthening competitiveness, and modernising the securities market infrastructure. Background At present, investors may hold securities of Hong Kong-listed companies either in their own names or through intermediaries such as brokerage firms and…

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            HSBC profit flat as Middle East provisions offset wealth growth

              HSBC profit flat as Middle East provisions offset wealth growth

              HSBC, Hong Kong’s largest lender, reported broadly flat first-quarter profit as lower interest rates and provisions linked to the Middle East conflict offset solid growth in its wealth management business. Net profit for the first three months of 2026 rose 0.14 per cent year on year to US$6.94 billion, or 41 US cents per share,…

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