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Hong Kong, Horizon Robotics
China's Horizon Robotics raises $696 million in biggest Hong Kong IPO of 2024, term sheet shows
Chinese autonomous driving firm Horizon Robotics has priced its shares at the top of its range to raise HK$5.4 billion ($696 million) according to a term sheet seen by Reuters, making it the biggest Hong Kong initial public offering this year.
China's Horizon Robotics Set to Price Shares at Top of Range to Raise $696 Million in Hong Kong IPO, Sources Say
(Reuters) - Chinese autonomous driving firm Horizon Robotics has priced its shares at HK$3.99 each, the top of its range, to raise $696 million in an initial public offering in Hong Kong, according to two sources with direct knowledge of the matter. The sources could not be named discussing confidential information.
Horizon Robotics Raises $696 Million in Hong Kong IPO
Horizon Robotics, a Chinese provider of software and hardware used in autonomous driving systems, priced its Hong Kong initial public offering at the top of the range to raise HK$5.4 billion ($696 million),
China's Horizon Robotics set to raise $696 million in Hong Kong IPO, sources say
Chinese autonomous driving firm Horizon Robotics has priced its shares at HK$3.99 each, the top of its range, to raise $696 million in an initial public offering in Hong Kong, according to two sources with direct knowledge of the matter.
3h
Hong Kong may issue T1 warning between Thursday and Friday as cyclone Trami edges closer
The Hong Kong Observatory is expected to issue the No 1 standby signal between Thursday and Friday as Tropical Cyclone Trami ...
4d
Hong Kong Defies Naysayers As Irreplaceable Nexus To China
Drew Bernstein, co-chair of MarcumAsia, explains why Hong Kong is showing signs of strength - which is essential to China's ...
8m
HSBC splits bank amid growing tensions between China and the West
HSBC has unveiled a sweeping overhaul of its bank separating its UK division from its Asia business amid growing geopolitical tensions between China and the West ...
National Catholic Register
10h
Persecution of 10 Catholic Bishops in China Intensified After Vatican-China Deal, Report Says
The provisional agreement was first signed in 2018 and then renewed in 2020 and 2022. The most recent two-year renewal signed ...
4d
Hong Kong marks busiest IPO week in nearly two years with China stimulus giving hope to dealmakers
Hong Kong has recorded its busiest week for new IPO launches in almost two years with deals opened to raise up to $1.3 ...
Opinion
Channel NewsAsia Singapore
10h
Opinion
Commentary: Were warnings of Hong Kong’s demise as a financial hub exaggerated?
Hong Kong and Singapore play different but complementary roles as Asia’s top financial hubs, says Penta Group’s David Cook.
Business Times
13m
Can China stage another rebound?
IN August this year, we adopted a more constructive stance on Chinese equities, recognising that valuations were extremely ...
5h
Wine lovers at Hong Kong food and drink festival to enjoy wider selection from mainland China
“Hong Kong stands out as one of the few places where wine merchants can engage with diverse customer segments in a short ...
10m
Noami Osaka Ends 2024 Season Due To Injury After Hong Kong Open Withdrawal
Naomi Osaka apologised after a troublesome back injury forced her to withdraw from the Hong Kong Open and cut her comeback ...
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