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17.06.26 - 10:48
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AI boom sparks Kingboard subsidiary′s US$1.5 billion stake sale to ramp up PCB capacity (SCMP)
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Riding on a buoyant stock market for artificial intelligence hardware components, Kingboard Holdings plans to raise HK$11.77 billion (US$1.5 billion) by selling a stake in its listed subsidiary, Kingboard Laminates Holdings, one of the world's biggest makers of laminate materials used in circuit boards for AI servers.
The company said the proceeds would be used to expand business and production capacity to meet surging demand.
The fundraising comes as AI server backlogs hit record highs at major......
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12.06.26 - 14:24
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Park Ha Biological Technology Co., Ltd. announces strategic partnership with Star Plus Legend Group′s wholly-owned subsidiary to build an AI-powered skincare and health ecosystem and expand its healthcare reach (GlobeNewswire EN)
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Wuxi, China, June 12, 2026 (GLOBE NEWSWIRE) -- Park Ha Biological Technology Co., Ltd. (NASDAQ: BYAH) (“Park Ha Biological” or the “Company”) announced that the Company has established a comprehensive strategic partnership with Star Plus Action (HK) Limited (“Star Plus Action”), a wholly-owned subsidiary of Star Plus Legend Holdings Limited (6683.HK), a company listed on The Stock Exchange of Hong Kong (“Star Plus Legend”). The two parties will integrate resources in the healthcare industry, skincare product development, celebrity IP management, and artificial intelligence technology to jointly advance the beauty and wellness sector, creating an innovative business model that combines AI technology, professional skincare services, and health maintenance. Their first collaborative smart product—the AI Nutritionist—has been launched as a pilot. Moving forward, both parties will accelerate the development and deployment of a full-chain intelligent service system, including AI-powered s...
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10.06.26 - 08:06
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Hong Kong debt market heats up as Tencent, Swire raise US$5.2b in multi-currency deals (SCMP)
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Hong Kong's debt market is surging, with Tencent Holdings and Swire Pacific raising more than US$5.2 billion in fresh funding, underscoring the city's growing role as an international bond hub.
The issuers, ranging from China's tech champion to one of its oldest conglomerates, offered bonds across multiple currencies – US dollars, offshore yuan and Hong Kong dollars – highlighting the breadth of Hong Kong's fundraising platform.
Tencent unveiled on Wednesday a dual-currency bond package worth......
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01.06.26 - 03:45
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CIMC ENRIC Plans to Repurchase Up to HKD200M Shares (AAStocks)
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CIMC ENRIC (03899.HK) announced that last Fri (29th), it decided to exercise its repurchase mandate to buy back up to 1.5% of its total issued shares in the open market, representing no more than approximately 31.7 million shares. The total repurchase amount will not exceed HKD200 million. (ha/a)~AASTOCKS Financial NewsWebsite: ......
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23.05.26 - 05:51
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Escobar: The Russia-China Spaceship Rushes Towards Planet Multipolar (ZeroHedge)
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Escobar: The Russia-China Spaceship Rushes Towards Planet Multipolar
Authored by Pepe Escobar,
The New Silk Roads/BRI and its derivations such as the Northern Sea Route/Arctic Silk Road remain alive and kicking
SHANGHAI – This is it.
The Russia-China strategic partnership, the leaders in the process of Eurasia integration, the leaders of multipolar bodies BRICS and the SCO, have formally endorsed and boosted the drive towards multipolarity and a new system of international relations via a strategic joint declaration signed, sealed and delivered during President Putin's visit to China this Wednesday.
This is one for the History books – in several more ways than one. I was privileged to follow the proceedings in Beijing during the whole day at the Aurora College, a top Shanghai private school and university, among a fabulous congregation of teachers and students.
So we had plenty of time to discuss the implications of how the Top Two Eurasia powers – and global powers – are establish...
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22.05.26 - 04:12
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′Cash is king′: Hong Kong, mainland Chinese firms hoard reserves as growth options narrow (SCMP)
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More companies and conglomerates in Hong Kong and mainland China are hoarding cash on their balance sheets – following the approach of billionaire investor Warren Buffett's investment vehicle – as returns from mature industries remain steady but modest amid a fragile global economic recovery. The trend has heightened investor focus on whether idle funds will be redeployed into new economy ventures, dividends or buy-backs.
Cash holdings among Hong Kong- and Shanghai-listed companies most......
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21.05.26 - 11:36
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′No ParknShop sale′: Li Ka-shing′s CK Hutchison rules out supermarket merger with Wellcome (SCMP)
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CK Hutchison Holdings, one of the flagship companies of billionaire Li Ka-shing, has no plans to sell ParknShop in Hong Kong to one of its largest competitors, according to a senior executive of the supermarket chain's owner and operator.
“There is really no such plan to sell ParknShop,” said Dominic Lai, group co-managing director of CK Hutchison, responding to a question at the company's annual general meeting on Thursday.
The group had been reported to be in talks with Jardine Matheson about......
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20.05.26 - 06:03
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Primer Raises $100M Series C to Bring AI to Every Payment and Accelerate US Expansion (Business Wire)
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The round was led by Sofina with participation from Peak XV Partners and existing investors including Balderton, Accel, ICONIQ, Tencent, and Speedinvest.
The round was oversubscribed, reflecting strong investor conviction in Primer as the unified infrastructure to make merchant payments fully AI-enabled.
Funds will be used to accelerate Primer's investment in AI for payments and finance teams and to drive its expansion in the US, where it plans to grow revenue to more than a third of total revenue by 2028.
NEW YORK & SINGAPORE--(BUSINESS WIRE)--Primer today announces a $100 million Series C funding round, as it continues to build the AI-enabled operating layer for global payments and finance.
The round is led by Sofina, with participation from Peak XV Partners, and continued backing from all existing investors, including Balderton, Accel, ICONIQ, Tencent, and Speedinvest.
You can't build intelligent payments on fragmented data:
AI is only as good as the data it runs on. In payments, that data is rarely ...
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