AI Supplier Zhongji Innolight Shares Drop 10% in Hong Kong Debut
China's Zhongji Innolight raised HK$53.4 billion in Asia's second-largest IPO of 2026 but saw its shares fall 10% on their first day of trading.
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China's Zhongji Innolight raised HK$53.4 billion in Asia's second-largest IPO of 2026 but saw its shares fall 10% on their first day of trading.
Showing 1-24 of 131 articles.
world
The Chinese optical transceiver producer's shares fell nearly 3% after completing Hong Kong’s largest IPO of the year, impacted by a worldwide decline in AI sector investor sentiment.
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The Shanghai Stock Exchange's STAR Market gains prominence as CXMT becomes the most valuable company on mainland Chinese markets following its July 27 debut.
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business
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Hong Kong actress Cecilia Yiu, known for her role in the 1989 drama Ode To Gallantry, has signed with New World Entertainment and is returning to acting after a three-decade hiatus.
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world
Chinese AI firms are drawing renewed investor interest with a surge of IPOs and secondary listings, despite many operating at a loss.
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world
Deputy Financial Secretary Michael Wong Wai-lun responds to Stephen Roach’s commentary asserting Hong Kong’s transformation into a mainland Chinese city.
South China Morning Post World | Jul 30, 2026, 7:08 AM
world
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world
Hong Kong prepares for a September opening of the revamped Huanggang Port under a new joint inspection model, following swift legislative approval for co-location arrangements with Shenzhen.
South China Morning Post World | Jul 29, 2026, 7:15 PM
world
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world
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A fire at a metal house in Ling Shan Tsuen, Fanling, led to one fatality and the evacuation of nearly 80 people and several pets.
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Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui urges residents to embrace cycling as a sustainable and healthy mode of transport ahead of Hong Kong’s 30th anniversary of returning to China.
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world
Chinese brands are increasingly favored by domestic consumers and expanding overseas, reflecting a shift in perception and rising interest in Chinese culture and design.
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general
ChangXin Memory Technologies raises $8.6 billion in Shanghai listing, becoming mainland China’s most valuable exchange-listed company amid AI-driven chip demand.
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world
Investment in Hong Kong’s commercial real estate has surged, driven by strong demand in the student housing sector amid a sharp increase in non-local student admissions.
South China Morning Post World | Jul 27, 2026, 8:53 AM
business
A Chinese historical epic promoting Taiwan unification was pulled from planned screenings after failing to receive final approval amid rising cross-strait tensions.
Nikkei Asia | Jul 27, 2026, 8:43 AM
world
Typhoon Noul caused widespread flight cancellations and delays at Hong Kong International Airport, leaving some travelers stranded as operations gradually resume.
South China Morning Post World | Jul 27, 2026, 6:20 AMShowing 1-24 of 131 articles.