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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.
Opinion
Channel NewsAsia Singapore
3h
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.
1h
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 ...
3h
Hong Kong watchdog slams sports club for sloppy cybersecurity ahead of data breach
South China Athletic Association failed to introduce effective security steps to prevent leak of 72,315 people’s data in ...
4d
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 ...
29m
on MSN
Scottish Labour MP warns Chinese Communist Party to keep 'hands off Hong Kong Scots'
Blair McDougall said many of his constituents "live in fear of repression" from China following the discovery of a 'secret ...
1d
CITIC to sell stake in McDonald's China, HK operations for $430.3 mln
China's state-owned CITIC Ltd has agreed to sell its 19.23% stake in the company that operates fast-food chain McDonald's ...
17h
Alibaba start-up competition: Hong Kong officials tout city as ideal launch pad
Speakers at the Jumpstarter Ignition Gala highlighted the city’s advantageous position between mainland China and the larger ...
13d
on MSN
Hong Kong Stock Market Suffers Biggest Single-Day Drop Since 2008
A key stock market index in Hong Kong saw the biggest single-day drop since the financial crisis on Tuesday. The Hang Seng ...
6d
on MSN
Hong Kong pushes reforms to spark economic growth, cut liquor duties
Hong Kong's leader pledged on Wednesday to reform and revive the economy and financial markets including slashing liquor ...
11d
Tourism Has Rebounded Worldwide. But Not in Hong Kong.
“It has taken time for international tourism to come back to Hong Kong,” said Kristina Snaith-Lense, the hotel’s general ...
10h
Wine lovers at Hong Kong food and drink festival to enjoy wider selection from mainland China
“Hong Kong stands out as one of the few places where wine merchants can engage with diverse customer segments in a short ...
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