Browsing Tag
Hong Kong
99 posts
PAG to acquire 51% of Evergrande Property Services for HK$4bn in liquidation-linked sale
PAG has agreed to acquire control of Evergrande Property Services from liquidators of its former parent, setting up a mandatory cash offer for remaining shareholders. The transaction could separate a profitable property management business from China Evergrande's collapse, but the discounted offer, outstanding receivables and regulatory conditions complicate the investment case.
Hong Kong housing chief resigns after Wang Fuk Court fire inquiry finds failures behind 168 deaths
Hong Kong's housing secretary has resigned after an independent investigation found that failures by government departments and private contractors contributed to the deadly November 2025 Wang Fuk Court fire.
HSBC profit rises 32% to $9.6bn, but legal comparisons complicate the recovery story
HSBC reported $9.6 billion in quarterly pretax profit and a 17.7% return on tangible equity as net interest income and transaction banking improved. However, the profit increase benefited from the absence of large legal provisions recorded a year earlier, while capital requirements and restructuring continue shaping the bank's outlook.
Li Auto keeps 74% of chip unit as RMB1.63 billion funding targets new growth beyond vehicles
Li Auto is raising RMB1.625 billion for its chip subsidiary while retaining control. See what the financing means for MHX Technology and $LI investors.
Tencent plans new dollar and yuan bond sale months after $4.66bn issue
Tencent is preparing another multi-currency debt offering under its $30bn note programme, but the size and final pricing remain open as the Chinese technology group tests demand for maturities extending as far as 30 years.
XtalPi’s industrial AI reaches Fangda Carbon factory floor as graphite costs stay volatile
XtalPi and Fangda Carbon have moved a predictive raw-material model into live graphite electrode production, giving the Hong Kong-listed AI company a tangible industrial test of whether its AI for Science platform can reduce physical trial work and improve manufacturing economics.
Hong Kong launches eight ETFs as Chinese investors seek South Korean chips and US technology exposure
Eight new ETFs have debuted in Hong Kong offering exposure to Korean chipmakers, US technology shares and Malaysian stocks as mainland demand for foreign assets rises.
F-35 parts mistakenly sent to Hong Kong trigger US-China security concerns over fighter jet technology
F-35 fighter jet parts bound for the US ended up in Hong Kong. Find out why the shipping error is raising new security questions over China.
Hong Kong jails Tiananmen vigil organizers as national security crackdown deepens
Hong Kong has jailed three Tiananmen vigil organizers under its national security law. Discover what the sentences reveal about the city’s future.
SHEIN’s $80m Everlane acquisition becomes first test of post-IPO brand roll-up
SHEIN Global Holdings has acquired US apparel brand Everlane for approximately $80 million and is using the transaction as an early test of a broader multi-brand strategy, even as the newly listed retailer trades well below its Hong Kong IPO price and faces a continuing US national-security review of the Everlane purchase.