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South China Morning Post - Companies

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Aridge, the affiliate of Chinese electric vehicle maker Xpeng formerly known as AeroHT, is likely to spearhead a listing bonanza of flying car businesses in Hong Kong as its share offering plan edges closer to the runway. The Guangzhou-based company, controlled by Xpeng co-founder and CEO He Xiaopeng, confidentially filed an initial public offering (IPO) plan with the Hong Kong ...


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A strengthening Chinese yuan has added to a flurry of catalysts driving stocks in mainland China and Hong Kong to solid starts in 2026, with history suggesting the uptrend could hold. The CSI 300 Index of yuan-denominated onshore equities and the Hang Seng Index have risen more than 3 per cent this year after the currency breached the key 7 per US dollar level, a point not seen ...


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Alibaba Cloud’s flagship Qwen family of artificial intelligence models surpassed 700 million downloads as of January on the developer platform Hugging Face, which made it the world’s most widely used open-source AI system. According to research published on Friday by consultancy AIBase, citing data from Hugging Face, estimated Qwen downloads as of December alone exceeded the com...


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Ares Management, one of Asia’s largest alternative investment managers, is doubling its real estate footprint in Hong Kong, a move that aligns with a broader expansion by financial firms and demand for office space in the core Central business district. The Los Angeles-based asset manager would add about 12,500 sq ft of space in Gloucester Tower, where it has been a tenant since...


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Hong Kong stocks edged higher on Monday, lifted by gains in technology and biopharmaceutical shares that helped push the benchmark index up. The Hang Seng Index rose 0.3 per cent to 26,308.4 as of 9.45am, the Hang Seng Tech Index rose 0.7 per cent. On the mainland, the CSI 300 Index was little changed and the Shanghai Composite Index rose 0.2 per cent. Chinese delivery giant Mei...


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