Electric-vehicle maker BYD plunged 6.8 per cent to HK$339 on a plan to raise HK$43.5 billion (US$5.6 billion) in its biggest-ever share placement. Peer Geely Automobile slid 5.7 per cent to HK$16.88.
The artificial intelligence (AI) boom that propelled Chinese technology stocks higher has also galvanised refinancing activities in Hong Kong, as companies raise funds to expand their businesses.
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The deal amounted to HK$43.84m, or at HK$58.975 per share, 2% higher than previous close. SHENZHOU INTL is now trading up 2.16% to HK$59.05, with 2.75 million shares of ...
Hong Kong-based CK Hutchison has announced bumper profits from its ports operations as the conglomerate faced criticism from ...
Two central government's bodies in Hong Kong reposted two opinion pieces ran by a Hong Kong newspaper Ta Kung Pao criticizing ...
Mixue Group, China’s largest bubble-tea chain, surged in its Hong Kong trading debut after individual investors flocked to the company’s blockbuster HK$3.45 billion ($444 million) initial public ...
Cathay Pacific's new Aria Suites business-class option is stunning, with closing privacy doors, 24-inch 4K entertainment ...
Shares of China's largest bubble tea and drinks chain Mixue Group jumped more than 43% on their first day of trading on the Hong Kong Stock Exchange on Monday, as the city records its strongest start ...
BYD Company Limited, the world's leading electric vehicle manufacturer for three consecutive years announced a significant ...