Two Chinese Technology Companies Market Hong Kong Share Sales to Raise $1.5 Billion
The companies began marketing shares in Hong Kong, seeking to raise a combined US$1.5 billion amid volatile markets and concerns about AI-related valuations.
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Asia share sales poised to test 2021 record as AI fuels pipeline
Asia-Pacific companies have raised $327.1 billion through equity deals this year, up 53% from a year earlier, LSEG data show. Bankers say AI-linked funding for chips, data centres and power systems could push issuance above the 2021 record.
Investors bet on both sides of US-China AI race despite tensions
Wall Street banks are fundraising for AI upstarts in China while Chinese money flows into US tech, with US equity holdings by Chinese residents jumping 23% to $750 billion. The mutual exposure creates a safety net for investors amidst geopolitical rivalry.
Under the Radar: 5 Stocks Riding Asia's Next Growth Wave
Most American investors have a fairly limited map of Asia. They know Japan because Japanese stocks have finally awakened after several lost decades. They know China because it generates a steady supply of enormous opportunities, political headaches, and alarming headlines. Beyond those two markets, things get fuzzy. Th
Dobot Taps Shenzhen Listing
Dobot aims to raise $177 million on Shenzhen's ChiNext to fund humanoid robot development