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Strong IPO returns in HK: Two-thirds of cornerstone investors are foreign Hong Kong has claimed the top spot globally for IPO fundraising in the first half of 2025, with HK$107.1 billion raised. A total of 51 companies went public, generating HK$124 billion in total funds. Cornerstone investors played a key role, contributing 42% of the amount raised, with two-thirds of these funds coming from overseas institutions. Major listings such as CATL and Hengrui Pharmaceuticals attracted global investors like the Kuwait Investment Authority, Oaktree Capital, and UBS Asset Management.

Hong Kong

2025.07.18 19:41

Strong IPO returns in HK: Two-thirds of cornerstone investors are foreign

Strong IPO returns in HK: Two-thirds of cornerstone investors are foreign

Total number of local company registrations exceeds 1.49 mn, setting new record Hong Kong's corporate landscape continues to expand, with the Companies Registry reporting unprecedented growth across multiple business categories during the first six months of 2025. The latest data reveals 84,293 newly incorporated local companies, pushing the total number of registered domestic businesses to an all-time high of 1.4948 million by June 30.

Hong Kong

2025.07.18 18:23

Total number of local company registrations exceeds 1.49 mn, setting new record

Total number of local company registrations exceeds 1.49 mn, setting new record

HK$360 bn deal falls through! Canadian convenience store giant drops bid to acquire Japan's 7-Eleven Circle K's parent company, Canada's Alimentation Couche-Tard (ACT), has withdrawn its 6.8 trillion yen (approximately HK$360 billion) takeover offer for Seven & i Holdings, the Japanese operator of 7-Eleven, citing a lack of cooperation from the target company. The failed acquisition sent Seven & i's shares plunging 9.45% on July 17.

Business

2025.07.18 12:30

HK$360 bn deal falls through! Canadian convenience store giant drops bid to acquire Japan's 7-Eleven

HK$360 bn deal falls through! Canadian convenience store giant drops bid to acquire Japan's 7-Eleven

Delta Air Lines to launch direct flights between HK and Los Angeles in June 2026 Delta Air Lines has announced the launch of a new nonstop route between Hong Kong and Los Angeles, set to begin in June 2026. The move aims to expand the airline's Asia-Pacific network.

Hong Kong

2025.07.17 21:30

Delta Air Lines to launch direct flights between HK and Los Angeles in June 2026

Delta Air Lines to launch direct flights between HK and Los Angeles in June 2026

Nvidia CEO visits China for third time this year, attending opening ceremony of CISCE NVIDIA's high-profile chief executive, Jensen Huang, is making his third trip to China this year to attend the opening of the 3rd China International Supply Chain Expo (CISCE) in Beijing on July 16. The visit comes just days after unverified photos circulated online showing Huang meeting with Xiaomi founder Lei Jun in the Chinese capital, where the two tech leaders were pictured smiling beside one of Xiaomi's electric vehicles.

Business

2025.07.15 16:33

Nvidia CEO visits China for third time this year, attending opening ceremony of CISCE

Nvidia CEO visits China for third time this year, attending opening ceremony of CISCE

Strong IPO returns in HK: Two-thirds of cornerstone investors are foreign

Strong IPO returns in HK: Two-thirds of cornerstone investors are foreign

Strong IPO returns in HK: Two-thirds of cornerstone investors are foreign Hong Kong has claimed the top spot globally for IPO fundraising in the first half of 2025, with HK$107.1 billion raised. A total of 51 companies went public, generating HK$124 billion in total funds. Cornerstone investors played a key role, contributing 42% of the amount raised, with two-thirds of these funds coming from overseas institutions. Major listings such as CATL and Hengrui Pharmaceuticals attracted global investors like the Kuwait Investment Authority, Oaktree Capital, and UBS Asset Management.

Hong Kong

2025.07.18 19:41

Total number of local company registrations exceeds 1.49 mn, setting new record

Total number of local company registrations exceeds 1.49 mn, setting new record

Total number of local company registrations exceeds 1.49 mn, setting new record Hong Kong's corporate landscape continues to expand, with the Companies Registry reporting unprecedented growth across multiple business categories during the first six months of 2025. The latest data reveals 84,293 newly incorporated local companies, pushing the total number of registered domestic businesses to an all-time high of 1.4948 million by June 30.

Hong Kong

2025.07.18 18:23

HK$360 bn deal falls through! Canadian convenience store giant drops bid to acquire Japan's 7-Eleven

HK$360 bn deal falls through! Canadian convenience store giant drops bid to acquire Japan's 7-Eleven

HK$360 bn deal falls through! Canadian convenience store giant drops bid to acquire Japan's 7-Eleven Circle K's parent company, Canada's Alimentation Couche-Tard (ACT), has withdrawn its 6.8 trillion yen (approximately HK$360 billion) takeover offer for Seven & i Holdings, the Japanese operator of 7-Eleven, citing a lack of cooperation from the target company. The failed acquisition sent Seven & i's shares plunging 9.45% on July 17.

Business

2025.07.18 12:30

Delta Air Lines to launch direct flights between HK and Los Angeles in June 2026

Delta Air Lines to launch direct flights between HK and Los Angeles in June 2026

Delta Air Lines to launch direct flights between HK and Los Angeles in June 2026 Delta Air Lines has announced the launch of a new nonstop route between Hong Kong and Los Angeles, set to begin in June 2026. The move aims to expand the airline's Asia-Pacific network.

Hong Kong

2025.07.17 21:30

Nvidia CEO visits China for third time this year, attending opening ceremony of CISCE

Nvidia CEO visits China for third time this year, attending opening ceremony of CISCE

Nvidia CEO visits China for third time this year, attending opening ceremony of CISCE NVIDIA's high-profile chief executive, Jensen Huang, is making his third trip to China this year to attend the opening of the 3rd China International Supply Chain Expo (CISCE) in Beijing on July 16. The visit comes just days after unverified photos circulated online showing Huang meeting with Xiaomi founder Lei Jun in the Chinese capital, where the two tech leaders were pictured smiling beside one of Xiaomi's electric vehicles.

Business

2025.07.15 16:33

DDN Business Insider | China's Q2 GDP data imminent: How should traditional industries adapt to consumption transformation?

DDN Business Insider | China's Q2 GDP data imminent: How should traditional industries adapt to consumption transformation?

DDN Business Insider | China's Q2 GDP data imminent: How should traditional industries adapt to consumption transformation? China's Q2/H1 2025 GDP figures are scheduled for release this week. Looking back, the external environment has become increasingly uncertain, but the domestic market has been boosted by various policies, and new economic and consumption models have garnered attention. What is the expected report card for the economy in the first half? What trends will emerge in the second half?

Video

2025.07.14 18:20

Watch This | Afghan hand-woven carpets weave success in China's expanding market

Watch This | Afghan hand-woven carpets weave success in China's expanding market

Watch This | Afghan hand-woven carpets weave success in China's expanding market Afghan hand-woven carpets drew widespread attention at the just-concluded 9th China-South Asia Expo. For Afghan exhibitors, it offered a key opportunity to strengthen trade ties with China, a market showing growing interest in Afghan products.

Video

2025.07.14 08:29

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