People walk in front of the Exchange Square, which houses Hong Kong Stock Exchange, in the city’s Central financial district, on July 27, 2026. (SHAMIM ASHRAF / CHINA DAILY) Artificial intelligence chipmaker Moore Threads Technology Co said it plans to list in the Hong Kong Special Administrative Region at an “appropriate time” after its shares…
Hong Kong’s airport has reported a 16.8 per cent decline in net profit to HK$2 billion (US$255.16 million) for the 2025-26 financial year, with the management citing a significant rise in expenses driven by the third runway’s operating costs and last year’s aircraft salvage operation. In its annual report released on Wednesday, the operator of…
Tims China (Nasdaq: THCH) reported unaudited Q1 2026 results with total revenues of RMB256.7 million, down 14.6% year-over-year, and system sales of RMB322.9 million, down 14.2%. Net loss widened to RMB109.3 million, while a definitive agreement for up to US$55 million in additional senior secured convertible notes was signed. Company…
Revenues of China’s top military firms fell 10% last year. (EPA Images pic) HONG KONG: Revenues at China’s giant military firms fell last year as corruption purges slowed arms contracts and procurement, according to a study released today by a leading conflict think tank. The Chinese declines contrast with strong revenue growth globally for big…
Q: A swim meet at the Mankato municipal pool in July, hosted by the Mantas Swim Club, didn’t end exceptionally well. As we understand, it was scheduled for Friday, Saturday and Sunday. But the meet was canceled late Saturday when a patron brought in a glass container, it was dropped and broke on the pool…