The latest shudder for stocks in the AI industry pulled markets lower worldwide on Thursday, while oil prices hit their highest levels since May on worries about the war with Iran. The S&P 500 fell 1.2% for its worst day since July, while the Nasdaq composite tumbled 2.6%. The weakness for tech stocks was so

RNS Number : 8677K Prudential PLC 03 July 2026   1 Details of the person discharging managerial responsibilities / person closely associated a) Name Naveen Tahilyani 2 Reason for the notification a) Position/status Regional CEO, Indonesia, Malaysia, the Philippines, India, Africa; Group Agency and Health (PDMR) b) Initial notification /Amendment Initial notification 3 Details of

Core Grade A Offices Lead Rental Recovery, Hong Kong Island High Streets Outperform Kowloon Residential Market: Q2 residential transaction numbers increased by 19% q-o-q and 32% y-o-y to reach more than 22,150 units. Home prices rose by 2.5% during April and May, bringing a cumulative 7.4% increase for the first five months, with growth recorded

Chinese artificial intelligence company Knowledge Atlas Technology JSC, better known as Zhipu AI, is seeking to raise around $4 billion through a share placement in Hong Kong. The share sale comes after its stock surged following its market debut earlier this year. The fundraising comes as investor interest in Chinese AI companies remains strong and

HONG KONG, July 30, 2026 /PRNewswire/ — CSOP KOSPI 200 Covered Call Active ETF (3537.HK) will list on Hong Kong Stock Exchange on 31st July 2026. 3537.HK seeks to achieve its investment objective by primarily (i) using a synthetic representative sampling strategy to obtain an exposure to the KOSPI 200 Index through KOSPI 200 futures;

HONG KONG, Oct. 24, 2024 /PRNewswire/ — Horizon Robotics (HKEX: 9660), a leading provider of advanced driver assistance systems (ADAS) and autonomous driving (AD) solutions for passenger vehicles, today officially listed on the Main Board of the Hong Kong Stock Exchange. Horizon Robotics is a key enabler for the smart vehicle transformation and commercialization with

Shein is preparing to make its Hong Kong stock-market debut on August 28, turning one of the world’s most closely watched listing sagas into an important test of how far the city’s IPO revival can stretch beyond Chinese technology and industrial companies. The fast-fashion retailer could begin taking orders as early as August 19 and

Futu FUTU reported higher second-quarter revenue and profit as trading activity, client assets and funded accounts increased, supported by strong U.S. equity interest, Hong Kong IPO activity and growth across overseas markets. Total revenue for the second quarter rose 36% year over year to HK$7.2 billion, while net income increased 42% to HK$3.6 billion. Net

BEIJING, Aug. 26, 2026 /PRNewswire/ — Baidu, Inc. (Nasdaq: BIDU; 9888 (HKD Counter) and 89888 (RMB Counter)) (“Baidu” or the “Company”), a leading AI company with strong Internet foundation, today announced that its extraordinary general meeting of shareholders (the “EGM”) was held in Beijing today and all the proposed resolutions set out in the notice

SINGAPORE, Aug. 28, 2026 /PRNewswire/ — Noah Holdings Limited (the “Company” or “Noah”) (NYSE: NOAH and 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for global Chinese high-net-worth investors, today announced changes to its board of directors (the “Board”) and the composition of its Board

HONG KONG, Sept. 16, 2026 /PRNewswire/ — CSOP Solactive Asia AI Bottleneck Index ETF (3499.HK) will list on HKEX tomorrow (17th September 2026). 3499.HK seeks to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of Solactive Asia AI Bottleneck Index (net total return version) (the Index). It has a

〈The Standard, Sept 19, 2026 〉New World Development (0017) has proposed to set up a commercial real estate investment trust fund to spin off Shanghai Hong Kong New World Tower for a separate listing in Shanghai. The REIT’s manager, GF Fund Management, has submitted the application materials to the China Securities Regulatory Commission and the

Wall Street always seems to have a new favorite word or phrase. When the AI trade launched in earnest, it was the “Magnificent Seven.” Then came “AI enablers,” “picks and shovels,” and, more recently, “momentum.” Now, as investors fret over rising interest rates, expensive AI ambitions, and a top-heavy market, the word du jour is

Healthcare stocks have rebounded this year. Many leaders in the sector have helped drive that performance. Eli Lilly (LLY -1.01%), the largest healthcare stock by market cap, has gained 16%, while Johnson & Johnson (JNJ -0.61%), another major healthcare player, has climbed 22%. However, among large-cap healthcare stocks, none has performed better than Moderna (MRNA