Green Tea makes tepid trading debut in Hong Kong as traders gird for CATL’s IPO next week
Published: May 16, 2025 03:03
Shares of the restaurant chain began trading at HK$7.19 per share, before plunging 7 per cent to an intraday low of HK$6.69.
🦜 Money & Wealth - South China Morning Post
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How AI investments are paying off for Chinese tech conglomerate Tencent
Published: May 15, 2025 10:00
Tencent CEO Pony Ma says strategic AI investments ‘create value for users and society’, while generating substantial returns for the firm.
Starbucks kicks off process to sell stake in its sprawling China business as growth stalls
Published: May 15, 2025 03:34
Starbucks sent out letters via a financial adviser to several potential investors this week to solicit views on the China business and how to grow it, sources said.
Singapore’s NUS, China’s Tsinghua University among world’s top producers of rich alumni
Published: May 14, 2025 13:00
US universities dominate a global ranking by Altrata, led by Harvard with 18,000 ultra-rich alumni, or 4 per cent of the global total.
Trump tariffs seen lowering Chinese firms’ US investment plans
Published: May 12, 2025 22:20
Findings based on survey of Chinese firms in US shortly before ‘Liberation Day’ tariffs were announced.
China spurs Nansha as Greater Bay Area’s third hub for innovations, finance, connectivity
Published: May 12, 2025 13:10
Latest measures follow efforts since 2023 to build up Qianhai and Hengqin in southern Guangdong province, and foster ties with Hong Kong.
CATL’s US$5.3 billion Hong Kong IPO defies gloom with city’s biggest stock sale since 2021
Published: May 12, 2025 02:08
Listing is expected to be the largest in Hong Kong since Kuaishou Technology raised US$6.2 billion in January 2021.
Offshore yuan gets a lift as market awaits outcome of US-China trade talks
Published: May 12, 2025 02:08
With both China and the US reporting ‘progress’ in their first trade talks, the offshore yuan had strengthened to 7.22 per US dollar by Monday.