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Hong Kong, Horizon Robotics
China's Horizon Robotics raises $696 million in biggest Hong Kong IPO of 2024, term sheet shows
Chinese autonomous driving firm Horizon Robotics has priced its shares at the top of its range to raise HK$5.4 billion ($696 million) according to a term sheet seen by Reuters, making it the biggest Hong Kong initial public offering this year.
Horizon Robotics Raises $696 Million in Hong Kong IPO
Horizon Robotics, a Chinese provider of software and hardware used in autonomous driving systems, priced its Hong Kong initial public offering at the top of the range to raise HK$5.4 billion ($696 million),
China's Horizon Robotics Set to Price Shares at Top of Range to Raise $696 Million in Hong Kong IPO, Sources Say
Chinese autonomous driving firm Horizon Robotics has priced its shares at HK$3.99 each, the top of its range, to raise $696 million in an initial public offering in Hong Kong, according to two sources with direct knowledge of the matter.
Hong Kong marks busiest IPO week in nearly two years with China stimulus giving hope to dealmakers
Hong Kong has recorded its busiest week for new IPO launches in almost two years with deals opened to raise up to $1.3 billion, giving bankers and investors confidence the two-year share sale freeze could be easing.
5h
Hong Kong may issue T1 warning between Thursday and Friday as cyclone Trami edges closer
The Hong Kong Observatory is expected to issue the No 1 standby signal between Thursday and Friday as Tropical Cyclone Trami ...
5h
West blasts China on rights, China responds: What about Gaza?
Australia, the United States and 13 other countries criticized China at the United Nations on Tuesday over alleged human ...
5d
Hong Kong Defies Naysayers As Irreplaceable Nexus To China
Drew Bernstein, co-chair of MarcumAsia, explains why Hong Kong is showing signs of strength - which is essential to China's ...
5h
Hong Kong restricts civil servants from using WhatsApp, Google Drive on work computers
Cybersecurity shake-up among government employees also covers WeChat and other unauthorised messaging and cloud storage ...
13h
on MSN
HSBC to split U.K. and Hong Kong banking arms into two separate units
HSBC’s overhaul will see the bank split into four separate units under the control of two distinct Eastern and Western ...
Opinion
Channel NewsAsia Singapore
15h
Opinion
Commentary: Were warnings of Hong Kong’s demise as a financial hub exaggerated?
Hong Kong and Singapore play different but complementary roles as Asia’s top financial hubs, says Penta Group’s David Cook.
16h
on MSN
Who does China's president want to win the U.S. election?
With both parties viewing Beijing primarily as a strategic competitor, Chinese officials expect bumpy times ahead no matter ...
35m
3 Undervalued Small Caps In Hong Kong With Recent Insider Buying
In recent weeks, the Hong Kong market has experienced fluctuations, with the Hang Seng Index declining by 2.11% amidst broader economic challenges and deflationary pressures in China. Despite these ...
8d
on MSN
From solitary confinement in China to self-exile in Taiwan: Inside a Hong Kong bookshop owner's fight to keep the free press alive
Running a bookstore is a tough business anywhere in today's digital world — running one that sells books critical of the ...
12d
Hong Kong ETF Investors Make Record Bet on Stock Market Decline
Investors in Hong Kong have bet a record amount on exchange-traded funds that profit when stocks decline, showing how quickly ...
JD Supra
2h
Pro-enforcement Approach - Mainland China Highlights Typical Cases on Enforcing Hong Kong Arbitral Awards
Mainland China's Supreme People's Court (SPC) recently released a series of typical cases showcasing a favourable trend in enforcing Hong ...
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