Hong Kong’s skyline at sunrise. While the city’s rich are preparing for a worst-case scenario amid China’s controversial national security law, major mainland tech billionaires are coming in. Photo: Getty Images/iStockphoto
China’s tech tycoons flood Hong Kong with US$20 billion of stock listings
- Chinese tech tycoons with companies trading in Hong Kong now have a combined net worth of US$182 billion, more than the city’s 10 richest people
- Alibaba, NetEase and JD.com have raised US$20 billion from share sales in Hong Kong
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China technology
Hong Kong’s skyline at sunrise. While the city’s rich are preparing for a worst-case scenario amid China’s controversial national security law, major mainland tech billionaires are coming in. Photo: Getty Images/iStockphoto