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Hong Kong

All articles tagged with #hong kong

Baidu's Kunlunxin Files for Hong Kong IPO Amid AI Chip Boom

Originally Published 10 days ago — by Investor's Business Daily

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Source: Investor's Business Daily

Baidu's AI chip subsidiary Kunlunxin filed for a Hong Kong IPO, potentially valuing it at up to $23 billion, as Baidu's stock surged on AI sector optimism; the move aims to showcase Kunlunxin's value and attract AI-focused investors amid China's push for domestic AI chip production.

Hong Kong and Asia usher in 2026 amid firework cancellations and record visitor numbers

Originally Published 11 days ago — by Euronews.com

Featured image for Hong Kong and Asia usher in 2026 amid firework cancellations and record visitor numbers
Source: Euronews.com

Hong Kong marked the New Year without its traditional fireworks display due to a devastating fire in November that killed at least 161 people, leading the city to replace pyrotechnics with a music show and light displays, affecting tourism and reflecting on past tragedies that have canceled fireworks celebrations.

Family of Jailed Hong Kong Tycoon Jimmy Lai Raises Alarm Over His Health

Originally Published 12 days ago — by BBC

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Source: BBC

Jimmy Lai, a pro-democracy Hong Kong tycoon, is reportedly suffering severe health issues in prison, including rotting teeth and falling fingernails, raising concerns from his family about his deteriorating condition amid his detention under Hong Kong's national security law. His family and international critics argue that Lai's health is being neglected, while Chinese authorities claim he is in good health. Lai's case has become a focal point in the broader debate over human rights and political repression in Hong Kong, with calls from the UK for his release.

Hong Kong welcomes 2026 amid silence after deadly blaze

Originally Published 12 days ago — by ABC News

Featured image for Hong Kong welcomes 2026 amid silence after deadly blaze
Source: ABC News

Hong Kong will celebrate the arrival of 2026 without its traditional fireworks display over Victoria Harbor due to a deadly fire in November that resulted in at least 161 deaths, leading to a shift towards a music show and light displays as a somber alternative, reflecting the city's response to the tragedy and its impact on local festivities.

Biren Technology and Chinese AI Chip Firms Prepare for Hong Kong IPOs

Originally Published 27 days ago — by Reuters

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Source: Reuters

Chinese AI chip startup Biren Technology plans to launch a Hong Kong IPO in the coming weeks, aiming to raise around $300 million, as part of China's push to develop domestic semiconductor champions amid US export restrictions. The company, valued at about $2 billion, is seeking to expand its funding and market presence, following successful industry peer offerings.

Beijing Warns Foreign Media Amid Jimmy Lai's Conviction and Calls for His Release

Originally Published 27 days ago — by South China Morning Post

Featured image for Beijing Warns Foreign Media Amid Jimmy Lai's Conviction and Calls for His Release
Source: South China Morning Post

The Chinese foreign ministry in Hong Kong issued a rare open letter defending the guilty verdict of Jimmy Lai, accusing him of colluding with foreign forces to endanger national security and urging international media to present an objective view, criticizing Western outlets for alleged distortions.