Hong Kong
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HK digital asset firm OSL reports 66% revenue growth to $7.1b
OSL also said total transaction volume reached HK$172 billion (US$21.9 billion).
Aiko Gao Ishida · · 1 min read
China’s Zhipu AI revenue jumps 400% as cloud business grows
Its stock remained about 60% below its June record high despite a pre-results rise.
Naomi Li Gan · · 1 min read
Shein slides 17% in gray market ahead of HK debut
Shein also revealed a quarterly loss ahead of the deal and warned that tariffs were hurting earnings.
Grace Priscilla Teo · · 1 min read
Meet the 16-year-old builder who caught Stripe’s attention
In The Backstory, Rexan Wong shares how a three-hour project became an app with half a million users.
Peter Cowan · · 5 min readSoftBank-backed Noah Medical plans $100m Hong Kong IPO
Noah plans to sell more surgical robots in top-tier and emerging mainland cities, including Hangzhou.
Grace Priscilla Teo · · 1 min readThese are the most active investors in Hong Kong’s startups
Which investors are writing the most checks to Hong Kong’s startups?
Aya Lin · · 1 min readBaidu to convert Hong Kong listing to primary status
After the change, it will have a dual primary listing on the Hong Kong Stock Exchange and Nasdaq.
Minh Le · · 1 min readMiniMax H1 revenue jumps 283% to $117m
MiniMax is listed in Hong Kong under stock code 00100.
Naomi Li Gan · · 1 min readShein launches Hong Kong IPO to raise up to $1.8b
The offering follows Shein’s shift to Hong Kong after its London IPO stalled. Shein is due to set the final price on August 31 and begin trading on September 1.
Aiko Gao Ishida · · 1 min readShein eyes $2b HK IPO as Tencent, UBS arm weigh stakes
Shein is seeking about US$2 billion at a valuation of US$26 billion to US$27 billion.
Minh Le · · 1 min read