Move over Labubu – Fugglers look to steal crown from Hong Kong-designed plush toy

Move over Labubu – Fugglers look to steal crown from Hong Kong-designed plush toy

Competition for plush toys is heating up, with British monster-like characters, Fugglers, emerging from the shadows following the recent runaway success of Labubu, a collectible doll created by a Hong Kong designer. Fugglers, which recently appeared on the popular Chinese social media platform RedNote, stretch the “ugly-cute” moniker to the extremes. They are threatening to…

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Beijing AI firm to establish global headquarters in Hong Kong, hold IPO in city

Beijing AI firm to establish global headquarters in Hong Kong, hold IPO in city

A Beijing-based artificial intelligence (AI) solutions provider is preparing to list in Hong Kong and set up its international headquarters in the city, a minister has said, while vowing to attract more creative enterprises that have adopted innovation and technology-based strategies. The announcement from Financial Secretary Paul Chan Mo-po on Sunday confirmed an earlier Post…

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Beijing AI firm to establish global headquarters in Hong Kong, hold IPO in city

Beijing AI firm to establish global headquarters in Hong Kong, hold IPO in city

A Beijing-based artificial intelligence (AI) solutions provider is preparing to list in Hong Kong and set up its international headquarters in the city, a minister has said, while vowing to attract more creative enterprises that have adopted innovation and technology-based strategies. The announcement from Financial Secretary Paul Chan Mo-po on Sunday confirmed an earlier Post…

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Chinese consumer stocks are back in favour as Mixue rides Hong Kong IPO revival

Chinese consumer stocks are back in favour as Mixue rides Hong Kong IPO revival

Consumer stocks are making a comeback in Hong Kong after the city’s initial public offering (IPO) market recovered from a multi-year slump and stocks gained a valuation upgrade induced by DeepSeek’s breakthroughs. Mixue’s IPO attracted a record HK$1.8 trillion (US$231 billion) of orders from retail investors before the Chinese fresh drinks chain started trading on…

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