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Hong Kong’s Tech Dreams Are Becoming a Nightmare

A rule change was supposed to lure the hottest upstarts. But if IPOs continue to flop, investors and founders will meet elsewhere......»»

Category: topSource: washpostOct 21st, 2018

1,000 Whitney Tilson’s Devotees Come To Hear Him In Asia As 50% Turned Back For Lack Of Space

Whitney Tilson‘s email to investors discussing his Asia trip & presentation; Chinese tech bubble insanity; disrupted and Sears. 1) I just got back from a great week in Asia – two days each in Shanghai, Singapore and Hong Kong, teaching [.....»»

Category: blogSource: valuewalkOct 22nd, 2018

Tencent & Alibaba chase remittances in battle for Southeast Asia

For Chinese tech giants Alibaba and Tencent, Southeast Asian domestic helpers in Hong Kong may prove key to their global ambitions in financial services......»»

Category: topSource: reutersSep 26th, 2018

Here Are Macau’s Three Most Exciting Startups

Hong Kong may be recognized as the tech darling of China’s south coast. But its sister territory, just a four-hour ferry across the Zhujiang River Estuary, has a startup scene of its… The post Here Are Macau’s Three Most.....»»

Category: topSource: redherringSep 19th, 2018

China Startup Meituan Seeks $55 Billion Valuation in IPO

The Tencent-backed startup, whose offerings resemble those of Groupon, Grubhub and Yelp, is set to launch its offering in Hong Kong this week at a time of turbulence for Chinese tech stocks......»»

Category: smallbizSource: wsjSep 3rd, 2018

Hong Kong: HANG SENG INDEX (.HSI) stocks close 0.52 pct lower

Hong Kong: HANG SENG INDEX (.HSI) stocks close 0.52 pct lower Hong Kong stocks opened lower on Tuesday, following a negative lead from Wall Street as US tech equities tumbled .....»»

Category: topSource: livetradingnewsJul 31st, 2018

Xiaomi's weak debut signals trouble for upcoming Hong Kong tech listings - Reuters

ReutersXiaomi's weak debut signals trouble for upcoming Hong Kong tech listingsReutersHONG KONG (Reuters) - Xiaomi Corp made a weak debut in Ho.....»»

Category: topSource: googlenewsJul 9th, 2018

Xiaomi's weak debut portends trouble for imminent Hong Kong tech listings - Reuters

ReutersXiaomi's weak debut portends trouble for imminent Hong Kong tech listingsReutersHONG KONG (Reuters) - Xiaomi Corp's shares fell as much as 6 percent in their H.....»»

Category: topSource: googlenewsJul 9th, 2018

Xiaomi"s weak debut signals trouble for upcoming Hong Kong tech listings

Xiaomi Corp made a weak debut in Hong Kong on Monday, with the Chinese smartphone maker's shares sliding as much as 6 percent on valuation concerns, in an ominous sign for its technology sector peers lining up listings in the city......»»

Category: topSource: reutersJul 9th, 2018

Xiaomi"s weak debut portends trouble for imminent Hong Kong tech listings

Xiaomi Corp's shares fell as much as 6 percent in their Hong Kong debut on concerns over the Chinese smartphone maker's valuation, in an ominous sign for its technology sector peers who have lined up listings in the city......»»

Category: topSource: reutersJul 9th, 2018

Chinese Smartphone Maker Xiaomi Falls in Hong Kong Trading Debut

Shares in Chinese smartphone maker Xiaomi, which raised $4.7 billion in one of Hong Kong’s largest tech initial public offerings in recent years, fell on their debut as the broader market rose......»»

Category: asiaSource: wsjJul 9th, 2018

Smartphone maker Xiaomi"s weak Hong Kong debut casts shadow on tech listings

Chinese smartphone maker Xiaomi Corp's shares fell as much as 6 percent on debut in Hong Kong due to valuation concerns, delivering a blow to investor sentiment in the tech sector where peers have lined up listings in the city......»»

Category: topSource: reutersJul 9th, 2018

Smartphone maker Xiaomi"s shares open 2.9 percent down on debut in HK

Chinese smartphone maker Xiaomi Corp's shares dropped 2.9 percent on debut in Hong Kong on Monday, in a blow to investor sentiment for the tech sector as a raft of peers line up their own listings in the city......»»

Category: topSource: reutersJul 8th, 2018

Hong Kong: HANG SENG INDEX (.HSI) markets end mostly lower as China’s tech stocks slump

Hong Kong: HANG SENG INDEX (.HSI) markets end mostly lower as China’s tech stocks slump Markets await U.S. trade tariff deadline this week Yuan likely to consolidate at current level – trader Stocks remain under pressure China.....»»

Category: topSource: livetradingnewsJul 4th, 2018

Xiaomi"s shrinking IPO shows tougher climate for China tech

Xiaomi's big Hong Kong IPO is shrinking......»»

Category: topSource: moneyJun 29th, 2018

China"s Xiaomi raises $4.72 billion after pricing HK IPO at bottom of range: sources

HONG KONG (Reuters/IFR) - China's Xiaomi Corp priced its Hong Kong initial public offering (IPO) at the bottom of an indicative range, raising $4.72 billion in the world's biggest tech float in four years, people close to the transaction said on Friday......»»

Category: topSource: reutersJun 29th, 2018

China"s Xiaomi prices HK IPO at bottom of range, raises $4.72 billion: sources

HONG KONG (Reuters/IFR) - China's Xiaomi Corp priced its Hong Kong initial public offering (IPO) at the bottom of an indicative range, raising $4.72 billion in the world's biggest tech float in four years, people close to the transaction said on Friday......»»

Category: topSource: reutersJun 29th, 2018

Faraday Future raises $2 billion to keep dreams of a Tesla rivalry alive

Faraday Future, the Los Angeles electric car company that hopes to rival Tesla Inc., has confirmed a $2 billion round of equity funding. The money will come in three tranches from Evergrande Health, a Hong Kong-listed investment holding company, throu.....»»

Category: topSource: bizjournalsJun 26th, 2018

Xiaomi puts indefinite delay on CDRs in blow to China"s plans for tech listings

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Corp said on Saturday there is no timeframe for a mainland share offering, casting doubt on Beijing's efforts to lure foreign-listed Chinese tech giants back home......»»

Category: topSource: reutersJun 23rd, 2018

China"s Xiaomi plans to raise up to $6.1 billion in Hong Kong IPO: sources

HONG KONG (Reuters/IFR) - Chinese smartphone maker Xiaomi is planning to raise up to $6.1 billion from a Hong Kong IPO launching this week, people with knowledge of the matter said, in what will be one of the biggest tech floats globally of recent years......»»

Category: topSource: reutersJun 20th, 2018

ZTE stock plummets 40% after crippling US ban

Shares in Chinese tech company ZTE are set to resume trading in Hong Kong on Wednesday after the company reached a deal with the US government to lift a crippling ban on the supply of crucial parts......»»

Category: topSource: cnnJun 13th, 2018