Category: Hong Kong

Hong Kong's unemployment rate held steady at 2.9% from September to November, with the city's labour chief anticipating a tight labour market despite challenging external conditions. (Photo: HRD)
Estimated read time 2 min read
Hong Kong Investing & Markets

Hong Kong’s unemployment rate holds steady at 2.9%

  • Post Date 12/20/2023

Hong Kong’s unemployment rate has maintained its position at 2.9%, signaling a stable yet tight labour market in the city. This news comes from the [more…]

HighTide Therapeutics, a Chinese biotech company, significantly reduces its Hong Kong IPO size by 80% to $35.6 million from the initially targeted $200 million announced in May. (Photo: HighTide | X)
Estimated read time 3 min read
China Hong Kong Investing & Markets

HighTide Therapeutics sets sights on HK$278 million in Hong Kong IPO

  • Post Date 12/14/2023

Chinese biopharmaceutical manufacturer HighTide Therapeutics is gearing up for an initial public offering (IPO) in Hong Kong, with ambitions to raise HK$278 million (US$35.6 million), [more…]

4Paradigm, a startup focused on artificial intelligence, intends to generate as much as $144 million by offering 18.4 million shares. (Photo: 4Paradigm)
Estimated read time 1 min read
Hong Kong Investing & Markets

4Paradigm, a Chinese artificial intelligence startup, spearheads a surge in Hong Kong’s IPO market

  • Post Date 09/17/2023

Three Chinese companies, led by the AI software firm Beijing Fourth Paradigm, have initiated Hong Kong’s initial public offerings (IPOs) on Monday, with the objective [more…]