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…
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…
The creator of global toy sensation Labubu is a Hong Kong-born artist who attributes his early creativity to his childhood years of reading arguably the city’s most famous writer, Louis Cha Leung-yung, also known as Jin Yong. The late wuxia novelist whose martial arts books have inspired generations of Chinese youngsters the world over also…
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…
Chinese consumer spending is so weak that even Starbucks is considering selling a stake in its China franchise, but one venture capital firm is bucking the trend by finding growth in niche sectors despite overall weakness. Shanghai-based company BA Capital, a long term backer of China’s “blind box” toy franchise Pop Mart and jeweller Laopu…