Chinese AI chip startup Biren Technology aims to launch a Hong Kong initial public offering in the coming weeks, four sources with knowledge of the matter said. The IPO could raise $300 million, local Chinese media reported.

UOB shares are down 4 per cent to date in 2025, while DBS OCBC are up about 27 per cent and 16 per cent respectively. Read more at straitstimes.com. Read more at straitstimes.com.

These problems first took root as China prepared to assume control of Hong Kong from Britain, in 1997. Concerned that the transition would scare off foreign investors, Chinese leaders tried to woo real-estate tycoons and other business elites by giving them key roles overseeing the city’s future governance.

Senior party members previously alleged they had been told to disband or face severe consequences, including possible arrest.

Underwater robots help detect 417kg of suspected cocaine wrapped in 11 waterproof packages concealed behind grate of sea chest.