2026-04-28 02:25:44
Shanghai-based Lightelligence, which makes photonics chips, surges by nearly 400% in its trading debut in Hong Kong after raising ~$310M in its IPO (Ann Cao/South China Morning Post)
https://www.scmp.com/tech/tech-trends/arti
Shanghai-based Lightelligence, which makes photonics chips, surges by nearly 400% in its trading debut in Hong Kong after raising ~$310M in its IPO (Ann Cao/South China Morning Post)
https://www.scmp.com/tech/tech-trends/arti
Walking out of one of Hong Kong’s last remaining independent bookstores,
hands behind her back but head held high,
the woman’s T-shirt was emblazoned with a simple slogan:
💥“I am a bookstore employee”.💥
Escorted by police,
the woman was among five people arrested during raids on two bookstores last week,
suspected of displaying and selling publications with “seditious” content,
a national security crime which carries a maximum sentence of 10 years.…
Sources: Shanghai-based GPU maker MetaX confidentially filed for a Hong Kong listing, targeting an IPO by the year-end, amid a surge of fundraising from rivals (Zoe SL Chan/South China Morning Post)
https://www.scmp.com/busine…
Shein's IPO prospectus shows Q1 revenue of $9.05B, up 1% YoY, as it swings from $395M profit in Q1 2025 to $99M loss partly due to US' "de minimis" rule removal (Reuters)
https://www.reuters.com/legal/transactional/sh…
Shenzhen-listed Apple supplier Lingyi iTech seeks to raise $1.1B in a June 26 Hong Kong debut, as the electronic parts maker expands into AI hardware and robots (Iris Deng/South China Morning Post)
https://www.scmp.com/tech/article/3357705/
Sources: Zhipu is considering a multibillion-dollar Hong Kong share sale after its stock surged 2,000% since its January IPO, pushing its market cap above $128B (Dong Cao/Bloomberg)
https://www.bloomberg.com/news/articles/20
More than a million live birds imported to Asia in 15 years, report finds https://news.mongabay.com/short-article/2026/05/more-than-a-million-live-birds-imported-to-asia-in-15-years-report-finds/
New Publication: Sarvāstivāda Abhidharma. (6th Edition)
https://ift.tt/OwbslG5
POLIN/YIVO Webinar Series: Visions of the Jewish Future in Eastern Europe: Education, Language, and…
via Input 4 RELCFP
O #Youtube acabou de me desbloquear a memória do desenho do Hong Kong Fu rs. Eu nem lembrava mais que isso existia.
Hong Kong’s national security law has already crushed the territory’s once-vibrant civic and political life.
But now the city’s hard-line authorities are making the law even more repressive for anyone caught in its net.
Under updates which took effect this week,
the city’s chief executive can classify any case as a national security crime under the 2020 law,
even when the alleged offense was committed before that law took effect.
For good reasons, people cann…
Fortune's Hong Kong-based chairman joined EIC Alyson Shontell's editorial interview with President Trump this week, an unusual move that fueled staff concerns (Max Tani/Semafor)
https://www.semafor.com/article/05/13/2026/fortune-chairman-joined-trum…
Sources: Shanghai-listed chip test instruments maker Semight, whose stock is up ~2,200% since its April debut, is considering a secondary listing in Hong Kong (Bloomberg)
https://www.bloomberg.com/news/articles/2026-…
🇺🇦 #NowPlaying on KEXP's #VarietyMix
Sneaks:
🎵 Hong Kong to Amsterdam
#Sneaks
https://sneaks.bandcamp.com/track/hong-kong-to-amsterdam
https://open.spotify.com/track/6rdQObVaQXOprZuQ0a6zFP
Alibaba falls ~5% in Hong Kong after Anthropic accused it of "illicitly" accessing its AI models, taking its YTD fall to 33%; Xiaomi and Baidu fell 3% (Jeanny Yu/Bloomberg)
https://www.bloomberg.com/news/articles/20
A UK Border Force officer and Hong Kong trade official based in London have been found guilty of spying for China and surveilling dissidents through a “shadow policing” operation.
https://www.theguardian.com/world/2026/may
Sources: Shanghai-based Coowa, which develops embodied AI robots, plans to file a Hong Kong IPO; Coowa was valued at $3B after raising $600M in its latest round (Jiahui Huang/Wall Street Journal)
https://www.wsj.com/tec…
Regarding my “Islands & Continents” map¹ that I posted last February 2025, I double-checked and I actually missed Taiwan which I first visited on a transit stop at TPE airport in 2012. Oops.
So here’s an updated map correcting this oversight.
¹ https://en.osm.town/@seav/11397806761734…
Sources: Chinese startup Moonshot AI is seeking formal approval from investors to start a Hong Kong IPO process, which could happen in as soon as six months (Juro Osawa/The Information)
https://www.theinformation.com/briefings/moonshot-ai-seeks-…
🇺🇦 Auf radioeins läuft...
Siouxsie and The Banshees:
🎵 Hong Kong Garden
#NowPlaying #SiouxsieandTheBanshees
https://open.spotify.com/track/5bxBosfOC3upyOK9tjxZ35
Shenzhen-listed RoboTechnik, which claims to be the largest silicon photonics tool maker and whose stock is up 340% over the past year, files for a HK listing (Zinnia Lee/Forbes)
https://www.forbes.com/sites/zinnialee/202
Filing: Zhongji Innolight, China's leading optical transceiver maker, aims for an $8B Hong Kong IPO, the city's largest since Alibaba's $12.9B debut in 2019 (Dave Sebastian/Bloomberg)
https://www.bloomberg.com/news/articles/20
Sources: Chinese AI startup Moonshot told investors it would revamp its corporate structure to pave the way for a Hong Kong IPO and comply with Beijing's rules (Bloomberg)
https://www.bloomberg.com/news/articles/2026-05-19…
Sources: Chinese autonomous driving company Momenta has reached a ~$9B valuation as it gears up to raise ~$1B in an upcoming Hong Kong IPO (Jiahui Huang/Wall Street Journal)
https://www.wsj.com/business/autos/chi…
Tencent's Hong Kong-listed shares fall ~7%, the most since April 2025, as investors worry over "rumors" of weaker earnings on August 12, and NetEase drops 5% (Bloomberg)
https://www.bloomberg.com/news/articles/20
American cities languish badly compared with transit leaders such as Sydney, Hong Kong and Barcelona,
based on the number of transit vehicles per 100,000 residents,
according to the Transportation for America study.
The gap is now so large that for major American cities to bring their public transit up to “world-class” status,
it would cost an enormous
$4.6trillion, involving 7,500 miles of new dedicated infrastructure for trains and buses, over the next 20 years…
🇺🇦 #NowPlaying on #KEXP's #Early
Siouxsie and the Banshees:
🎵 Hong Kong Garden
#SiouxsieandtheBanshees
https://cleopatrarecords.bandcamp.com/track/hong-kong-garden-kap-bambino
https://open.spotify.com/track/5bxBosfOC3upyOK9tjxZ35
Sources: Chinese social media app Xiaohongshu targets a Hong Kong IPO as early as year-end at a $70B valuation, up from $50B in recent private secondary trades (Wall Street Journal)
https://www.wsj.com/tec…
Sources: Chinese social media app Xiaohongshu targets a Hong Kong IPO as early as year-end at a $70B valuation, up from $50B in recent private secondary trades (Wall Street Journal)
https://www.wsj.com/tec…
Taiwan is seeking to detain three people for forging documents to export Nvidia-powered Super Micro servers to China, Hong Kong, and Macau, breaking US rules (Bloomberg)
https://www.bloomberg.com/news/articles/2026-05-21/taiwan-s…
Sources: after it closes a round at a $31.5B valuation, Moonshot plans a final raise at a $50B valuation to capitalize on Kimi K3 buzz before a Hong Kong IPO (Pei Li/Bloomberg)
https://www.bloomberg.com/news/articles/2026-07-2…
Sources: Shenzhen-based humanoid robot manufacturer EngineAI has filed confidentially for a Hong Kong IPO; the company was last valued at $1.5B in April 2026 (Julia Fioretti/Bloomberg)
https://www.bloomberg.com/news/articles/20
Sources: Kimi developer Moonshot told investors it is preparing for a Hong Kong IPO in as early as six months; its ARR hit $300M in June, up from $200M in April (Bloomberg)
https://www.bloomberg.com/news/articles/2026-07-19/ch…
Sources: JPMorgan Chase has stopped its staff in Hong Kong from accessing Anthropic's AI models, following a similar move by rival Goldman Sachs (Financial Times)
https://www.ft.com/content/de83d303-6a03-456b-bfb9-7b11dd502ab3
Chinese autonomous driving company Momenta saw a muted trading debut in its Hong Kong IPO, valuing the company at ~$9B, after raising $751M (Jiahui Huang/Wall Street Journal)
https://www.wsj.com/business/autos/g…
China's Nexchip Semiconductor says it aims to raise around $890.37M in its Hong Kong share sale by offering 216.2M shares at ~$4.12 per share (Rajasik Mukherjee/Reuters)
https://www.reuters.com/world/asia-pacific/chinas-nexchip…
Filings: Baidu's AI chip unit Kunlunxin is planning a dual IPO on Shanghai's STAR Board and in Hong Kong; Baidu holds a 58% stake in Kunlunxin (Bloomberg)
https://www.bloomberg.com/news/articles/2026-05-08/baidu-s-ai-ch…
Official data shows Hong Kong accounted for 50% of China's $239B in chip imports in the first five months of 2026, a record share, up from ~33% a decade ago (Bloomberg)
https://www.bloomberg.com/news/articles/2026-07-02…
Sources: Shein is targeting a $40B valuation after winning Beijing's approval for a Hong Kong IPO, set for as early as Q3; Shein canceled its US IPO in 2024 (Wall Street Journal)
https://www.wsj.com/business/r…
Sources: Goldman Sachs stopped its bankers in Hong Kong from using Anthropic's models; Anthropic says its models were never officially "supported" in Hong Kong (Financial Times)
https://www.ft.com/content/aa3a7a19-ab94-4069-aea4-e192ab9abc41
Sources: Baidu's chip unit Kunlunxin Technology plans a Hong Kong IPO at a $50B target valuation, asking investors to buy chips worth 3-7x their IPO investment (Qianer Liu/The Information)
https://www.theinformation.com/articles/baidus-chip…
Metis TechBio, a biotech company using AI to deliver and formulate drugs, surged as much as 185% in its Hong Kong market debut after raising ~$270M in its IPO (Amber Tong/Bloomberg)
https://www.bloomberg.com/news/articles/2026-…
Shanghai-based Momenta, whose driver-assist tech is used by Toyota, Mercedes, and Audi in China, files for an IPO in Hong Kong, seeking to raise up to $751.1M (Reuters)
https://www.reuters.com/business/autos-tra
Apple supplier Luxshare fell in its Hong Kong trading debut, closing down 1.6%, after raising ~$3.1B in the city's biggest listing in 2026 so far (Bloomberg)
https://www.bloomberg.com/news/articles/2026-07-08/apple-suppl…
Sources: Ant International is considering raising ~$1B at a $10B valuation, paving the way for a potential Hong Kong IPO as soon as this year (Bloomberg)
https://www.bloomberg.com/news/articles/2026-06-10/ant-international-is-sa…
Shanghai-based GPU maker Iluvatar CoreX raised ~$902M in a Hong Kong share sale; the company's stock has soared 257% since its January IPO, which raised $473M (Bloomberg)
https://www.bloomberg.com/news/articles/2026-07-08/ilu…
Kraken parent Payward agrees to buy Hong Kong-based Reap, which connects financial systems with digital assets, for $600M, and issues stock at a $20B valuation (Crystal Tse/Bloomberg)
https://www.bloomberg.com/news/articles/2026…
Apple supplier Luxshare raised ~$3.1B in its Hong Kong IPO, selling 383.5M shares at ~$8 each, the top of its marketed range, and will start trading on Thursday (Bloomberg)
https://www.bloomberg.com/news/articles/2026-07-07/appl…
Shanghai-based AI chipmaker Biren raises ~$892.5M in a new share sale to boost GPU production; Biren's stock is up 150% since its January Hong Kong IPO (Ann Cao/South China Morning Post)
https://www.scmp.com/tech/tech-trends/arti
Vodafone plans to take full ownership of its VodafoneThree joint venture with Hong Kong conglomerate CK Hutchison, which agrees to sell its 49% stake for £4.3B (Kimberley Kao/Wall Street Journal)
https://www.wsj.com/bus…
Baidu CFO Henry He says the company expects to spin off and list its chip unit Kunlunxin in Hong Kong and Shanghai in 2026, making it a "neutral player" (Tracy Qu/Wall Street Journal)
https://www.wsj.com/tech/baidu…
Zhipu AI says it plans to apply for a listing in Shanghai; Zhipu's Hong Kong-listed shares are up over 10x since its January IPO, giving it an $83B market cap (Reuters)
https://www.reuters.com/world/asia-pacific/chi…
Five Chinese tech and advanced manufacturing companies launched Hong Kong listings today to raise up to $5.6B, led by Apple supplier Luxshare's $3.15B offering (Reuters)
https://www.reuters.com/world/asia-pacific
Filing shows Shanghai-based MiniMax has begun preparations for a Chinese IPO; the AI company listed in Hong Kong in January and says its ARR has reached $300M (Bloomberg)
https://www.bloomberg.com/news/articles/2026-05-30/minim…