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17.01.26 - 22:36
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Europe′s tech strength lies in deployment, not rivalry (SCMP)
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Europe's debate over its technological future is both timely and necessary. The centre of gravity for platform technologies, advanced semiconductors, hyperscale cloud infrastructure and artificial intelligence (AI) has undeniably shifted towards the United States and China.
While the US boasts giants like Microsoft and Nvidia, and China has cultivated powerhouses like Huawei and Tencent, Europe has seen its share of the digital platform market shrink.
However, viewing this shift as inevitable......
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16.01.26 - 09:15
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Full-day Takeaway: HSI Closes at 26,844, Down 78 pts; HSTI Closes at 5,822, Down 6 pts; POP MART Down over 5%; CKH HOLDINGS, SHK PPT, CONANT OPTICAL, HUA HONG SEMI, CHERVON Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI dropped 78 pts or 0.3% to 26,844. HSTI dropped 6 pts or 0.1% to 5,822. HSCEI fell 46 pts or 0.5% to 9,220. Market turnover reached $255.08 billion.Active Heavyweights:XIAOMI (01810.HK) closed at $37.1, down 2%PING AN (02318.HK) closed at $68.65, down 1.3%BABA (09988.HK) closed at $166.2, up 1%MEITUAN (03690.HK) clo......
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16.01.26 - 03:15
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H Shrs: HSI Opens 171 Pts Higher as BABA-W Leaps 2%; WUXI BIO Muted (AAStocks)
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The People's Bank of China (PBOC) announced yesterday (15th) measures including lowering interest rates on various structural monetary policy tools. This morning, the HSI opened 171 points or 0.6% higher at 27,094.The HSCEI opened 63 points or 0.7% higher at 9,330. The HSTECH opened 55 points or 0.9% higher at 5,883.KUAISHOU......
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16.01.26 - 03:01
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Hong Kong′s Kuaishou to raise US$2 billion in dual-currency bond sale (SCMP)
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Kuaishou Technology plans to raise a combined US$2 billion from a dual-currency bond sale as the short-video platform operator tapped the debt market to strengthen its businesses.
The company would issue two tranches of US$1.5 billion bonds and 3.5 billion yuan (US$502.4 million) of bonds, it said in an exchange filing. The US dollar bonds maturing in January 2031 will carry a coupon rate of 4.125 per cent, while those due in January 2036 will 4.75 per cent. The yuan bonds will have a coupon......
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16.01.26 - 02:00
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KUAISHOU-W Issues Total of USD1.5B/ RMB3.5B Senior Notes (AAStocks)
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KUAISHOU-W (01024.HK) announced the issuance of USD600 million 4.125% senior notes due 2031, USD900 million 4.75% senior notes due 2036, and RMB3.5 billion 2.45% senior notes due 2031.Before deducting the underwriting commissions and certain estimated offering expenses, the gross proceeds of the USD Notes Issue will be approxima......
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15.01.26 - 13:06
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Uber′s WeChat tie-up pays off as demand from Chinese tourists rises overseas (SCMP)
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Uber Technologies' strategic partnership with Tencent Holdings' super app WeChat is yielding significant dividends for the ride-hailing operator as it meets a critical demand for Chinese travellers overseas.
Since Uber launched a mini-program on WeChat in July, travellers from the mainland have been actively using Uber's services via the new channel in 20 markets, said Anthony Wong, the head of business development at Uber in Asia-Pacific, on Thursday.
While the ride-hailing service provider......
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