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…
File photo: A woman walks past a McDonald’s outlet in Hong Kong in this July 25, 2014 file photo. REUTERS/Tyrone Siu/Files Photo. HONG KONG, Aug 1 (Reuters Breakingviews) – Iconic buildings don’t often change hands. Yet a trio of prime commercial properties in Hong Kong is now up for grabs. Each carries a strong connection…
People walk past a screen displaying the Hang Seng stock index outside Hong Kong Exchanges, in Hong Kong, China July 19, 2022. REUTERS/Lam Yik HONG KONG, June 30 (Reuters Breakingviews) – To divine the fate of Hong Kong’s market, look to two of the year’s biggest offerings: Contemporary Amperex Technology (300750.SZ), opens new tab, the…
The logo of FWD group is seen on a building in Hong Kong, China March 20, 2023. REUTERS/Tyrone Siu/File Photo HONG KONG, June 26 (Reuters Breakingviews) – Richard Li is nothing if not relentless. The tycoon’s pan-Asian insurer FWD is going public after multiple false starts. A $6.2 billion, opens new tab market capitalisation is…
High rise private residential buildings are seen in Hong Kong, China May 21, 2017. Picture taken May 21, 2017. REUTERS/Bobby Yip Low interest rates and an influx of capital have buoyed sentiment for residential real estate, where prices have fallen 30% since 2021. Yet developers like New World have a record 28,000 units of unsold…
A 3D printed miniature model of U.S. President Donald Trump, Israel and Iran flags are seen in this illustration taken June 18, 2025. REUTERS/Dado Ruvic/Illustration LONDON, June 24 (Reuters Breakingviews) – When Donald Trump completed his trip to Saudi Arabia, Qatar and the United Arab Emirates in May, complete with trillion-dollar pledges of investment, the…
A Hong Kong dollar note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo HONG KONG, June 24 (Reuters Breakingviews) – Whenever some aspect of Hong Kong’s U.S. dollar peg appears askew, observers suggest that the scheme’s end is nigh — or has already arrived. This time, it’s the persistent wide gap…
A view shows the headquarters of New World Development at New World Tower, in Hong Kong, China September 27, 2024. REUTERS/Tyrone Siu/File Photo HONG KONG, June 19 (Reuters Breakingviews) – A property giant’s struggle to secure an $11 billion debt refinancing is keeping regulators and bankers in Hong Kong on edge, for good reason. A…