Chinese tea drinks firm Guming aims to raise $202 million in Hong Kong IPO
Chinese tea drinks company Guming Holdings is aiming to raise up to $202 million in a Hong Kong initial public offering (IPO), according to regulatory filings on Tuesday.
Las Vegas Sands' Macao and Singapore Investments Support Regulatory Intangible Advantage
We expect Las Vegas Sands' Macao resorts (53% of 2024 EBITDA) will continue to see a sales recovery in 2025 after China's removal of covid-19 restrictions in January 2023. We also think Las Vegas ...
Hong Kong Economy Slows in 2024 as Spending, Property Weighs
Hong Kong’s economy grew at a slower pace in 2024 as stagnant consumption and a lackluster property sector weighed on ...
Chinese biotech firms cash in on promising drug discoveries via licensing deals
China has 4,804 new drug candidates under development, second only to the US at 5,268, according to data provider PharmCube.
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Hong Kong’s Evolution As A Trade Powerhouse: An Interview With Silas Chu
I recently had the privilege of speaking with Silas Chu about Hong Kong's evolution, trade fair initiatives, and growing ...
Digital Music News on MSN5d
NetEase Cloud Music Inks ‘Preliminary Agreement’ to Continue Streaming SM Entertainment’s Catalog, Confirms Ongoing ‘Extended Negotiations’
SM Entertainment’s catalog isn’t exiting NetEase Cloud Music after all, as the companies have temporarily extended their existing deal as they continue to negotiate a new licensing pact. The Chinese ...
Hong Kong SFC grants first crypto licenses of 2025
Hong Kong’s SFC has granted crypto licenses to PantherTrade and YAX, bringing the total to seven amid strict regulatory ...