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.

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.

On March 4, BYD Company Limited announced a massive refinancing plan, revealing a share placement that is worth HK$43.509 billion in expected gross proceeds. Shanghai (Gasgoo)-On March 4, BYD Company ...

The deal amounted to HK$43.5m, or at HK$537 per share, 0.7% lower than previous close. TENCENT is now trading down 0.18% to HK$540, with 25.64 million shares of HK$13.84b ...

Hong Kong stocks sank more than two percent at the open on Thursday after US President Donald Trump announced sweeping ...

An expected delay in a key step in CK Hutchison's planned sale of its Panama ports to a U.S. group, a deal blasted by Chinese ...

A CK Hutchison unit operates two of the five ports adjacent to the Panama Canal, which manages about 3% of the global ...

As global markets navigate a landscape of steady interest rates and mixed economic signals, investors continue to assess opportunities across various sectors. Penny stocks, often associated with ...

The Kenyans immediately came at the Blitzboks in the second half, with the latter a man down. They conceded a penalty but won ...

China's Hong Kong and Macau Affairs Office (HKMAO) reposted a commentary criticising CK Hutchison's port deal with U.S. firm ...

WASHINGTON/HONG KONG, March 31 (Reuters ... had pushed the Biden administration to sanction all six officials, as well as 43 more, opens new tab, such as senior judges Esther Toh, Susana ...