While China’s EV start-ups are likely to see increasing sales this year, analysts warn intensifying competition, price cuts could quickly alter the landscape.
While China’s EV start-ups are likely to see increasing sales this year, analysts warn intensifying competition, price cuts could quickly alter the landscape.
HSBC, the largest bank in Hong Kong, has announced the set up of a Greater Bay Area office, which will be headed by Daniel Chan Hing-yiu.
HKMA fears use of the Exchange Fund to help combat economic crisis will hurt its ability to defend the peg, but it will work with banks to offer help to firms and individuals, CEO Eddie Yue says.
HKMA fears use of the Exchange Fund to help combat economic crisis will hurt its ability to defend the peg, but it will work with banks to offer help to firms and individuals, CEO Eddie Yue says.
Short video-sharing app operator Kuaishou faces music copyright issue, just days before its stock starts trading in Hong Kong.
Short video-sharing app operator Kuaishou faces music copyright issue, just days before its stock starts trading in Hong Kong.
Investors scramble for a piece of Kuaishou’s US$5.4 billion IPO, as banks and brokerages offer low loan rates to cater to demand for IPO loan.
Kuaishou founders Su Hua and Cheng Yixiao will see their net worth jump above US$7 billion and US$6 billion, respectively, but their app still trails behind the popularity of ByteDance’s Douyin and TikTok.
Kuaishou founders Su Hua and Cheng Yixiao will see their net worth jump above US$7 billion and US$6 billion, respectively, but their app still trails behind the popularity of ByteDance’s Douyin and TikTok.
Short video app has offered a place to shine online for millions of underdogs but investors have to gauge if it can turn this appeal into sustainable profits.
Short video app has offered a place to shine online for millions of underdogs but investors have to gauge if it can turn this appeal into sustainable profits.
Kuaishou’s model has been criticised by some analysts for an over-reliance on celebrity influencers and a costly user acquisition strategy.
Kuaishou’s model has been criticised by some analysts for an over-reliance on celebrity influencers and a costly user acquisition strategy.